Kokusan Denki Co., Ltd. Business Report FY2010

Business Highlights

Financial Overview

(in millions of JPY)
  FY2010 FY2009 Rate of
Change (%)
Sales 19,467 16,352 19.0 -
Operating income 83 (361) - -
Ordinary income 277 (209) - -
Net income (822) (158) - -
Motor Division
Sales 8,431 7,525 12.0 - Sales at the Motor Division increased year-on-year, thanks to growing demand for automotive power steering motors and ABS motors from its customers, which are stepping up production for the Chinese market.
Operating income 72 140 (48.5) -


R&D Expenditure

(in millions of JPY)
  FY2010 FY2009 FY2008
Overall 228
242 227
Electrical Products Division 153
119 131
Motor Division 74 85 65

R&D Activities

Motor Division

- The Company is developing electrified and systemized brushless motors to expand product applications.
- The Company id developing smaller automotive motors for easier installation.
- The Company is developing an optimized motor driver structure and drive technology, aiming to produce an integrated motor unit.

Investment Activities

Capital Expenditure

(in millions of JPY)
  FY2010 FY2009 FY2008
Overall 756
250 578

 Capital Investments in FY2010
-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 259 Electric components rationalization facilities, etc.
Motor Division 489 Preparing new motor production lines to respond to vehicle model changes

Capital Investment Plans

(As of Mar. 31, 2011)

Site name Location Type of facility and activities Planned investment amount (million yen) From To
Gotemba factory Shizuoka Pref., Japan Setting up motor production lines 34 Apr. 2011 Sep. 2011
Headquarters factory Shizuoka Pref., Japan Streamlining motor production operations 29 Apr. 2011 Jun. 2011
New building
110 Oct. 2011 Mar. 2012
New building
343 Oct. 2010 Apr. 2011