Fiscal 2018 priority plans for the optical-related business, electronics and automotive electrical equipment
First written in FY2018. . Latest entry: FY2019.
No other company in this theme has enough history to compare yet.
- FY2019Plan to return the automotive electrical equipment business to profitability not achievedAnnual report
「Although costs associated with the higher employee turnover rate at the Eastern European manufacturing base decreased, the Automotive Electrical Equipment Company was affected by production cuts by customers in Asia and other factors. Revenue decreased 1.9% year on year to ¥154.1 billion, and the company recorded an operating loss of ¥3.2 billion, compared with an operating loss of ¥3.1 billion in the previous year.」
Against the planned recovery and return to profitability in the second half for the Automotive Electrical Equipment Company in fiscal 2018, the company recorded a full-year operating loss of ¥3.2 billion and did not achieve profitability. - FY2018First statedAnnual report
「Fiscal 2018 was positioned as “a crucial year that will determine the success or failure of the 20 medium-term plan.” We planned to launch the optical-related business, in which we had made upfront investments, and generate an earnings contribution; achieve higher revenue and operating profit through increased volume at the Electronics Company; and restore and rebuild the Automotive Electrical Equipment Company and return it to profitability in the second half.」
Fiscal 2018 was positioned as an important year in the medium-term plan, with the specific priority plans of generating an earnings contribution from the optical-related business, achieving higher revenue and operating profit in electronics, and returning the automotive electrical equipment business to profitability in the second half.