Jidosha Buhin Kogyo Co., Ltd. Business Report FY2009
Business Highlights
Financial Overview |
(in millions of JPY) |
FY2009 | FY2008 | Rate of Change (%) | Factors | |
Overall | ||||
Sales | 35,439 | 50,790 | (30.2) | -Sales declined impacted by sluggish demand amid the global economic recession. |
Operating income | 456 | 1,218 | (62.6) | - |
Ordinary income | 715 | 1,408 | (49.2) | - |
Current net income | (621) | 456 | - | - |
Engine parts business | ||||
Sales | 17,099 | 25,422 | (32.7) | - |
Operating income | 6 | 479 | (98.7) | - |
Automotive parts division | ||||
Sales | 18,157 | 25,253 | (28.1) | -Despite a rebound in demand for trucks in emerging countries especially in China, recession in developed markets such as the U.S. and Europe, as well as a decline in volume for transportation and downturn in corporate profitability in Japan combined to have a negative impact on sales. |
Operating income | 380 | 638 | (40.4) | - |
R&D
R&D Expenditure |
(in millions of JPY) |
FY2009 | FY2008 | FY2007 | |
Overall | 118 | 256 | 416 |
Engine parts business | 0 | 0 | 41 |
Automotive parts division | 118 | 256 | 374 |
R&D Structure
-Under its partnership with JBK Services, which mainly involves R&D activities, the Company is jointly researching and developing automotive parts used in diverse powertrains.-Part of the activities in advanced technological products are being conducted jointly with Isuzu.
R&D Activities
Automotive parts-The Company developed various types of propeller shafts primarily for medium and light-duty trucks, power take off systems to meet various needs for mounting and engine components like rocker arms and flywheels.
-The Company conducted development of small size propeller shafts and drive plates designed for automakers the Company has never done business with, as well as engine components to improve fuel efficiency.
Technology Import
(As of Mar. 31, 2010)
Licenser | Licensed technology | Contract | Contract term |
Eaton Corporation (U.S.A.) | Manufacturing technologies for no-spin differentials | 1.To provide know-hows, drawings and technical data on design and forming process. 2.To license trademark. |
Apr.16, 2009 - Apr.15, 2011 |
Investment Activities
Capital Investment |
(in millions of JPY) |
FY2009 | FY2008 | FY2007 | |
Overall | 1,286 | 4,056 | 2,738 |
Engine parts business | 110 | 619 | 1,147 |
Automotive parts division | 1,176 | 3,435 | 1,590 |
Engine parts business
-The Company invested in enhancement of production capacity of industrial machinery engines.
Automotive parts division
-Investment at the automotive components division was mainly focused on increasing capacity to manufacture propeller shafts, flywheel and rocker arm assemblies, and upgrading aging facilities.
New Facilities (automotive parts business)
(As of Mar. 31, 2010)
Name | Location | Type of facility | Planned total investment (in millions of JPY) |
Construction start month | Planned completion month |
Head Office/ Ebina Plant | Kanagawa Pref., Japan | Processing equipment for power transmission parts, etc. | 235 | Apr. 2011 | Mar. 2011 |
Processing equipment for power transmission parts, etc. | 215 | Apr. 2011 | Mar. 2011 | ||
Mooka Plant | Tochigi Pref., Japan | Processing equipment for engine parts, etc. | 150 | Apr. 2011 | Mar. 2011 |
P.T. Jibuhin Bakrie Indonesia | Karawan, Indonesia | Processing equipment for engine parts, etc. | 400 | Jan. 2010 | Dec. 2010 |
Jibuhin (Thailand) Co., Ltd. | Chonburi, Thailand | Processing equipment for power transmission parts, etc. | 50 | Jan. 2010 | Dec. 2010 |