YASUNAGA CORPORATION Business Report FY2010
Business Highlights
Financial Overview |
(in million JPY) |
FY2010 (ended Mar. 2011) |
FY2009 | Rate of Change (%) |
Factors | |
Overall | ||||
Sales | 36,445 | 24,810 | 46.9 | - |
Operating income | 2,770 | (542) | - | - |
Ordinary income | 2,494 | (509) | - | - |
Net income | 1,728 | (159) | - | - |
Engine components business | ||||
Sales | 25,637 | 18,563 | 38.1 | Both sales and operating profit improved as a result of the Company’s continuing sales activities involved with selecting and consolidating its strategic products, namely connecting rods, cylinder heads, and cylinder blocks; and as a result of winning more program business from mainly non-Japanese automakers. |
Operating profit | 1,749 | 103 | 1,598.1 |
New company
The Company will establish a new subsidiary in Korea to manufacture engine components. Operations are scheduled to begin in the spring of 2012, after which the Group intends to transfer production of parts for Korean automakers from Japan to the new facility in steps. Yasunaga’s major customers in Korea include GM Daewoo Auto & Technology, which will soon change its corporate name to GM Korea. (From an article in the Nikkan Jidosha Shimbun on February 15, 2011)R&D
R&D Expenses |
(in million JPY) |
FY2010 | FY2009 | FY2008 | |
Overall | 407 | 327 | 248 |
Investment Activities
Capital Expenditure |
(in million JPY) |
FY2010 | FY2009 | FY2008 | |
Overall | 1,519 | 1,322 | 2,829 |
Engine components business | 1,109 | 1,093 | 2,648 |
Engine components business
-The Company invested in machinery, equipment, tools and fixtures for the purpose of upgrading and acquiring new items for its home office plant, Saimyoji Plant、Yume Polis Plant、Nabari Plant、Casting Plant、P.T. Yasunaga Indonesia, and others in order to respond to new product orders.
New Facilities (Engine components business related)
Plant (Location) |
Purpose | Planned total investment (in million JPY) |
Start | Planned completion | Increased capacity upon completion |
Nabari Plant (Mie Pref., Japan) |
Production facilities | 108 | Apr. 2011 |
Sep. 2011 |
- |