Sawafuji Electric Co., Ltd. Business Report FY2010
Business Highlights
Financial Overview |
(in millions of JPY) |
| FY2010 (ended Mar. 2011) |
FY2009 | Rate of change(%) |
Factors | |
| Overall | ||||
| Sales | 27,479 | 22,750 | 20.8 | - |
| Operating income | 863 | (1,130) | - | - |
| Ordinary income | 906 | (908) | - | - |
| Net income | 663 | (1,202) | - | - |
| Electrical Component Business | ||||
| Sales | 11,096 | 8,181 | 35.6 | Sales significantly increased year-on-year because of the recovery in demand for electric/electronic parts for trucks sold in Asia and North America. |
| Operating income | 722 | 449 | 60.8 | - |
R&D
R&D Expenses |
(in millions of JPY) |
| FY2010 | FY2009 | FY2008 | |
| Overall | 626 | 749 | 923 |
| Electrical Component | 307 | 240 | 374 |
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) |
| FY2010 | FY2009 | FY2008 | |
| Overall | 286 | 490 | 1,024 |
-The Company made investments in equipment mainly for improving profitability and streamlining production operation.
Plans for Construction of New Facilities
(As of Mar. 31, 2011)
| Company/Office Name | Location | Facilities | Expected Investment (millions of yen) |
Started | Completed |
| Nitta Factory | Ota City, Gunma Pref. |
Manufacturing facilities for electrical components | 281 | Apr. 2011 |
Mar. 2012 |