LEAD Co., Inc. Business report FY2008
Business Highlights
| Financial Overview | (in millions of JPY) |
| FY2008 | FY2007 | Rate of Change (%) |
Factors | |
| Overall | ||||
| 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
| 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)
| Name (Location) |
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 |