LEAD Co., Inc. Business report FY2008

Business Highlights

Financial Overview (in millions of JPY)
  FY2008 FY2007 Rate of
Change (%)
Sales 10,412 10,632 (2.1) -
Operating income 1 45 (97.8) -Though the Company conducted cost reduction activities and reorganized its business operations to reduce fixed costs and expenses, income decreased as a result of a sharp drop in orders due to further declines in production volume in 2009.
Ordinary income (13) 20 -
Current net income (90) (64) - -
Automotive parts division
Sales 9,603 9,707 (1.1) -While the Company received more  orders in the first half of the year because its main customer initiated some model changes, total orders overall for the year decreased substantially as a result of a general decrease in automotive sales and automakers' adjusting their production volumes.


R&D Expenditure (in millions of JPY)
  FY2008 FY2007 FY2006
Overall 24 23 9

Investment Activities

Capital Investment (in millions of JPY)
  FY2008 FY2007 FY2006
Automotive parts 188 407 769

New Facilities (As of Mar. 2009)
Type of facility Planned investment amount
(million yen)
From To Production capacity on completion
Head office plant
(Kumagaya City,
Saitama Pref., Japan)
Manufacturing facilities for auto parts 200 Jan. 2009 Mar. 2010 No significant change, as investment is mainly to reduce manpower and to streamline
Die related facilities for auto parts 100 Apr. 2009 Mar. 2010 Dies for new product manufacturing