Sawafuji Electric Co., Ltd. Business Report FY2011 - MarkLines Automotive Industry Portal

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