Kokusan Denki Co., Ltd. Business Report FY2009

Business Highlights

Financial Overview

(in millions of JPY)
  FY2009 FY2008 Rate of
Change (%)
Sales 16,352 19,109 (14.4) -
Operating income (361) (722) - -
Ordinary income (209) (530) - -
Net income (158) 17 - -
Electric Products Division
Sales 8,197 11,447 (28.4) -
Operating income 4 14 (71.4) -
Motor Division
Sales 7,525 6,591 14.2 -Increased production of vehicles by customers who use the Company's key products, including motors for power steering and ABS in vehicles.
Operating income 140 (168) - -

>>>Financial Forecast for the Next Fiscal Year(Sales, Operating Income etc.)


R&D Expenditure

(in millions of JPY)
  FY2009 FY2008 FY2007
Overall 242 227 319
Electrical Products Division 119 131 213
Motor Division 85 65 67

R&D Activities

Motor Division
-The Company is developing a compact, high output and low-cogging type brushless motor for use in a vehicle to save energy and a small-size ABS motor for easier installation.

Investment Activities

Capital Expenditure

(in millions of JPY)
  FY2009 FY2008 FY2007
Overall 250 578 737

-The Company made investment in establishment of a rationalized production line for electric products, rationalization of facilities to save energy and introduce IT, and installation of new molds to allow the Company to respond to orders for new products and to update old facilities.

The Major Investments on Mechanical Equipment

(in millions of JPY)
Segment Amount Main facilities
Electrical Products Division 87 Electric components rationalization facilities, etc.
Motor Division 11 Motor production line

Capital Investment Plans

(As of Mar. 31, 2010)

Site name Location Type of facility and activities Planned investment amount (million yen) From To
Headquarters factory
Shizuoka Pref., Japan Equipment to streamline production of EPS motors 291 Oct. 2009 Aug. 2010
Headquarters factory
Shizuoka Pref., Japan Electric component production; and rationalizing facilities 49 Apr. 2010 Mar. 2011
Gotemba factory
Shizuoka Pref., Japan Equipment for new model motor production 48 Apr. 2010 Mar. 2011