LEAD Co., Inc. Business Report FY2011 - MarkLines Automotive Industry Portal

LEAD Co., Inc. Business Report FY2010

Business Highlights

Financial Overview

(in millions of JPY)

	FY2010	FY2009	Rate of Change (%)	Factors
Overall
Sales	9,223	9,581	(3.7)	-
Operating income	(12)	64	-	-
Ordinary income	34	116	-	-
Current net income	(187)	39	-	-
Automotive parts division
Sales	8,465	8,864	(4.5)	-

Outlook for FY2011

(in billions of JPY)

	FY2010	FY2009	Rate of change (%)
Sales	8,100	9,223	(12.2)
Operating income	(130)	(12)	-
Ordinary income	(110)	34	-
Net income	(160)	(187)	-

R&D

R&D Expenditure

(in millions of JPY)

	FY2010	FY2009	FY2008
Overall	47	17	24
Automotive Parts	10	-	-

Automotive parts division
- The exterior parts division is working on developing low-cost, lightweight, high-quality and innovative products by presenting its products and technologies to its customers from the initial stage of development, proposing drastic design changes, and developing new materials and production methods.
- The Company is conducting development activities in new areas in collaboration with its customers.
- The Company aims to shorten development lead-time, reduce development cost, and improve quality and productivity.

Investment Activities

Capital Investment

(in millions of JPY)

	FY2010	FY2009	FY2008
Overall	183	-	-
Automotive parts	140	51	188

New Facilities

(As of Mar. 31, 2011)

Name (Location)	Type of facility	Planned investment amount (million yen)	From	To	Production capacity on completion
Head office plant (Saitama Pref., Japan)	Manufacturing facilities for auto parts	200	Dec. 2010	Mar. 2012	No significant change, as investment is mainly to reduce manpower and to streamline
Head office plant (Saitama Pref., Japan)	Die related facilities for auto parts	210	Feb. 2011	Mar. 2011	Dies for new product manufacturing