[Gen-AI Analysis] Fukoku Co., Ltd. Business Report FY2009 - MarkLines Automotive Information & Gen-AI Platform

Fukoku Co., Ltd. Business Report FY2009

(in millions of JPY)

	FY2009	FY2008	Rate of Change (%)	Factors
Overall
Sales	39,476	52,024	(24.1)	-
Operating income	2,116	373	466.0	-Income improved, as the Company took emergency measures and reduced both variable and fixed costs.
Ordinary income	2,112	57	3,585.0
Current net income	2,030	(1,976)	-
Industrial rubber products
Sales	35,611	43,790	(18.7)	-Sales werelower year-on-year, as orders mainly for brakeparts, seals, andproducts made ofanti-vibration rubber declined.
Operating income	2,453	344	612.5	-

-The following are major supply agreements in 2009.

Product	Customer	Status
Isolation pulleys for passenger cars	Car makers in Japan	Commercial production started
Dumper pulleys for passenger cars	Car makers in Japan	Commercial production started
Viscous dampers for commercial vehicles	Car makers in Japan	Commercial production started
Seals made of fluorine-containing rubber for fuel systems	Major parts makers in Japan	Decision made to launch mass-production
Brake parts for hybrid vehicles	Major parts makers in Japan	Decision made to launch mass-production

(in millions of JPY)

	FY2009	FY2008	FY2007
Overall	1,128	837	897

(As of Mar. 31, 2010)

Partner	Contract	Validity
Rood (U.S.A.)	Design and manufacturing technology of torsion bushings and surface effects	From October 23, 2001 to October 23, 2011
C.F. Gomma S.p.A	Design and manufacturing technology for air springs	From July 2, 2003 to July 1, 2013

(As of Mar. 31, 2010)

Partner	Contract	Validity
Rood (U.S.A.)	manufacturing technology of viscous mounts	From October 23, 2001 to October 23, 2011
C.F. Gomma S.p.A. (Italy)	Manufacturing technology of CVJ boots	From December 1, 2002 to November 30, 2012

(in millions of JPY)

Industrial Rubber Business
-The Company made capital investments mainly to rationalize and maintain facilities in good condition.

(As of Mar. 31, 2010)

Company Office	Purpose	Estimated amount of investment (million JPY)	From	To
Gunma No.2 Plant	Installing facilities for manufacturing industrial rubber products	120	Apr. 2010	May, 2010
Fukoku Korea Co., Ltd. Boryeong Plant	Constructing a new plant building	710	Feb. 2010	Oct. 2010
Tomihara Tech Co., Ltd.	Acquiring land	164	-	May, 2010