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
Die related facilities for auto parts 210 Feb.
2011
Mar.
2011
Dies for new product manufacturing