Aichi Machine Industry Co., Ltd. Business Report FY2010
Business Highlights
Financial Overview |
(in millions of JPY) |
FY2010 (ended Mar. 2011) |
FY2009 | Rate of Change (%) | Factors | |
Sales | 111,055 | 101,041 | 9.9 | 1) |
Operating income | 5,359 | 4,975 | 7.7 |
- |
Ordinary income | 5,334 | 4,932 | 8.2 |
- |
Net income | 2,933 | 2,876 | 2.0 |
- |
Factors
Engines
-Sales were 54,203 million yen, a 7.5% rise year-on-year as a result of greater content of products being equipped on the Qashqai、Juke, and Note sold in Europe, even though product content on Nissan’s vehicles sold in Japan such as the Tiida, Note, and Cube was lower.
Manual transmissions
-Sales were 19,512 million yen, a 13.5% rise year-on-year as a result of greater content of products being equipped on Nissan’s pick-up produced for export, and the Qashqai sold in Europe.
Automobile parts
-Sales were 37,338 million yen, an 11.7 % rise year-on-year as a result of greater content of engine parts for Nissan’s March, a compact car designed for sale globally; and the launch of gear reducers produced for Nissan’s electric vehicle, the Leaf.
>>>Financial Forecast for the Next Fiscal Year (Sales, Operating Income etc.)
R&D
R&D Expenditure |
(in millions of JPY) |
FY2010 | FY2009 | FY2008 | |
Automotive Business | 72 | 60 | 66 |
Product Development Structure
-The Company set up an integrated R&D structure that enables the Company to conduct planning, designing, and test production experiments needed for commercializing products. Also, the Company developed products including clean, economical, and high performance engines and compact and light manual transmissions by utilizing the latest computer systems on digital mockups, simulation and data analysis.R&D Activities
As a core company in the Nissan Group, the Company worked to develop new technology and products designed to create more environmentally friendly cars. Also, the Company continued developing engines that reach a higher dimension by achieving lower fuel consumption but still provide improved engine power.Investment Activities
Capital Expenditure |
(in millions of JPY) |
FY2010 | FY2009 | FY2008 | |
Automotive Business | 6,400 | 5,400 | 10,200 |
-The Company invested 6,200 million yen (5,500 million yen in the engine department and 700 million yen in the manual transmission department) to rationalize and upgrade equipment producing automotive parts that are used in new vehicle models.