Sawafuji Electric Co., Ltd. Business Report FY2009

Business Highlights

Financial Overview

(in millions of JPY)
  FY2009 FY2008 Rate of
Sales 22,750 34,731 (34.5) -
Operating Profit (1,130) (125) - -
Ordinary income (908) (169) - -
Net income (1,202) (1,670) - -
Electrical Component Business
Sales 8,181 11,120 (26.4) -Despite symptoms of recovery in demand for electrical components for trucks in the Asian market, which started in the 3rd quarter, demand in the U.S. and Japanese markets fell substantially because of the global decline in demand.  
Operating income 449 286 57.0 -


R&D Expenditure

(in millions of JPY)
  FY2009 FY2008 FY2007
Overall 749 923 893
Electrical Component 240 374 418

R&D Activities

Electrical Components
-Currently developing small and light, and high-powered electrical components that are in compliance with new regulations on mid-to-large-sized diesel-powered vehicles.

Investment Activities

Capital Investment

(in millions of JPY)
  FY2009 FY2008 FY2007
Overall 490 1,024 750

-The Company made investments in equipment mainly for improving profitability and streamlining production operation. 

Plans for Construction of New Facilities

(As of Mar. 31, 2010)

Company/Office Name Location Facilities Expected Investment
(millions of yen)
Started Completed
Nitta Factory Ota City,
Gunma Pref.
Manufacturing facilities for electrical components 273 Apr.2010 Mar.2011