Nabtesco Corporation Business Report FY2008

Business Highlights

Financial Overview ( in millions of JPY )
FY2008 FY2007 Rate of Change(%) Factors
Overall
Sales 158,170 174,254 (9.2) -Sales declined because of reduced investment in equipment and facilities in the market in and after October 2008.
Operating income 12,012 19,429 (38.2) -Income declined due to declined sales, rapid appreciation of the yen and some quality problems.
Ordinary income 12,998 20,061 (35.2)
Net income 4,425 11,025 (59.9) -Net income declined due to extraordinary loss from revaluation of investments in securities.
Transport Equipment Business (*Sales for unaffiliated customers)
Sales 46,765 48,981 (4.5) -In automotive related areas, production curtailment of truck manufacturers had a huge negative impact on its sales and income.
Operating income 4,682 6,060 (22.7)



Outlook for FY2009 (in millions of JPY)
FY2009
(Forecast)
FY2008
(Actual)
Sales Operating income Sales Operating income
Overall Approx. 124,000 Approx. 5,000 158,170 12,012
Transport Equipment Business Approx. 44,000 Approx. 4,500 46,765 4,682

Capital Investment and R&D Expenses (forecast) (in millions of JPY)
FY2009
(Forecast)
FY2008
(Actual)
R&D Expenditure Approx. 4,000 4,107
Capital Expenditure Approx. 6,200 9,184

R&D

R&D

Investment Activities

R&D