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User Guide
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CONTENTS
SERVICE
About the Information Platform
ENGLISH
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  1. Home
  2. Supplier Database
  3. Major Suppliers
  4. Kyowa Leather Cloth Co., Ltd.
  5. Kyowa Leather Cloth_Business Report FY2008

Kyowa Leather Cloth_Business Report FY2008

Business Highlights

Financial overview (in million JPY)
In million JPY FY2008 FY2007 Rate of Change (%) Factors
Sales 30,665 39,505 (22.4)

Sales of automotive products  decreased due to a substantial decline in demand; as well as to the Company's liquidating Kyowa Leather Cloth U.S.A. Inc.
Ordinary income (1,026) 1,604 - Despite the Company's efforts to improve its business structure and revise products prices, ordinary income decreased as a result of a dramatic decline in sales of automotive products and a significant increase in the prices of materials and fuel in the first half of the fiscal year.
Current net income (942) 964 - -

R&D

R&D Expenditure (in million JPY)
- FY2008 FY2007 FY2006
R&D Expenses
 603 537 365

Development agendas of the automotive interior business were:

-The Company is developing new, synthetic-leather materials that contribute to enhancing the quality of vehicles.

-The Company is working to improve upon and develop product technology that takes into consideration factors such as weight reduction, ease of recycling, lowered costs, environmental protection, and greater comfort for passengers.

Investment Activities

Capital Expenditure (in million JPY)
  FY2008 FY2007 FY2006
Amount of investment
 1,210 1,688 1,639

-The Company focused its investments in the following two areas: installing exhaust gas reduction treatment devices at its 2nd Tenryu Plant; and making cost reductions.

New Facility (abstract)
Main Products Total Amount Invested
(millions of yen)		 Started Expected to Complete in: Increased Capacity after Completion
1st Tenryu Plant
Interior leather materials (for vehicles, furniture, shoes and general merchandise) 179 Apr., 2009 Mar., 2010 No increase (initiated for rationalization purposes only)
2nd Tenryu Plant
Composites for molding and making synthetic leather (for vehicles, furniture, shoes and general merchandise) 135 Apr., 2009 Mar., 2010 No increase (initiated for rationalization purposes only)
Shinshiro Plant
Composites for molding, and other products (for automotive use) 232 Apr., 2009 Mar., 2010 No increase (initiated for rationalization purposes only)
Head Office
R&D facilities 195 Apr., 2009 Mar., 2010 No increase because they are R&D facilities.

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