LEAD Co., Inc. Business Report FY ended Mar. 2013
Business Highlights
Financial Overview |
(in millions of JPY) |
| FY ended Mar. 31, 2013 | FY ended Mar. 31, 2012 | Rate of Change (%) | Factors | |
| Overall | ||||
| Sales | 6,131 | 8,284 | (26.0) | -The Company’s production levels continue to decrease as a result of fewer new-car sales in Japan. |
| Operating income | (348) | (159) | - | -Besides operating revenue dropping significantly, the Company incurred huge expenses to outsource business because of a fire that occurred in a painting facility. |
| Ordinary income | (366) | (128) | - | |
| Current net income | (111) | (224) | - | |
| Automotive parts division | ||||
| Sales | 5,551 | 7,581 | (26.8) | - |
Outlook for FY ending Mar. 31, 2014 |
(in millions of JPY) |
| FY ending Mar. 31, 2014 (Forecast) |
FY ended Mar. 31, 2013 (Actual Results) |
Rate of Change (%) |
|
| Sales | 5,200 | 6,313 | (17.6) |
| Operating income | (320) | (348) | - |
| Ordinary income | (310) | (366) | - |
| Net income | (100) | (111) | - |
R&D
R&D Expenditure |
(in millions of JPY) |
| FY ended Mar. 31, 2013 | FY ended Mar. 31, 2012 | FY ended Mar. 31, 2011 | |
| Overall | 31 | 34 | 47 |
| Automotive Parts | 1 | 3 | 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.
Investment Activities
Capital Expenditure |
(in millions of JPY) |
| FY ended Mar. 31, 2013 | FY ended Mar. 31, 2012 | FY ended Mar. 31, 2011 | |
| Overall | 737 | 451 | 183 |
| Automotive parts | 724 | 435 | 140 |
Planned Capital Investment |
(As of Mar. 31, 2013) |
| Name (Location) |
Type of facility | Planned investment amount (in million yen) |
From | To | Production capacity on completion |
| Head office plant (Saitama Pref., Japan) |
Painting facilities for auto parts | 1,150 | Jan. 2013 |
Jun. 2013 |
No significant change, as investment is mainly to reduce manpower and to streamline |
| Molding facilities for plastic auto parts | 636 | Mar. 2013 |
Oct. 2013 |
30% increase in production capacity | |
|
Other facilities for manufacturing auto parts |
46 | Apr. 2013 |
Mar. 2014 |
No significant change, as investment is mainly to reduce manpower and to streamline |