LEAD Co., Inc. Business Report FY ended Mar. 2014
Business Highlights
Financial Overview |
(in millions of JPY) |
FY ended Mar. 31, 2014 | FY ended Mar. 31, 2013 | Rate of Change (%) | Factors | |
Overall | ||||
Sales | 5,784 | 6,131 | (8.4) | - |
Operating income | (165) | (348) | - | Losses incurred due to the following factors: -A significant sales decrease at the automotive components division -Huge expenses to outsource business because of a fire that occurred in a painting facility during the previous fiscal year |
Ordinary income | (160) | (366) | - | |
Current net income | (111) | (111) | - | |
Automotive parts division | ||||
Sales | 4,626 | 5,551 | (16.7) | -Sales fell due to a decrease in the number of product items the Company supplied to its customers after a model change. |
Outlook for FY ending Mar. 31, 2014 |
(in millions of JPY) |
FY ending Mar. 31, 2015 (Forecast) |
FY ended Mar. 31, 2014 (Actual Results) |
Rate of Change (%) |
|
Sales | 5,400 | 5,784 | (6.6) |
Operating income | 30 | (165) | - |
Ordinary income | 20 | (160) | - |
Net income | 110 | (111) | - |
R&D
R&D Expenditure |
(in millions of JPY) |
FY ended Mar. 31, 2014 | FY ended Mar. 31, 2013 | FY ended Mar. 31, 2012 | |
Overall | 31 | 31 | 34 |
Automotive Parts | 4 | 1 | 3 |
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, 2014 | FY ended Mar. 31, 2013 | FY ended Mar. 31, 2012 | |
Overall | 1,266 | 737 | 451 |
Automotive parts | 1,244 | 724 | 435 |
Planned Capital Investment |
(As of Mar. 31, 2014) |
Name (Location) |
Type of facility | Planned investment amount (in million yen) |
From | To | Production capacity on completion |
Head office plant (Saitama Pref., Japan) |
Plant and storage warehouse for automotive components | 600 | Aug. 2014 |
Feb. 2015 |
No significant change, as investment is mainly to reduce manpower and to streamline |
Production equipment to manufacture automotive components |
103 | Apr. 2014 |
Mar. 2015 |
No significant change, as investment is mainly to reduce manpower and to streamline | |
Dies to produce automotive components |
35 | Apr. 2014 |
Mar. 2015 |
Dies to produce new products |