Handover of Molds for Resin-Molded Products for Automotive Applications and Mass Production at New Plant

「Revenue increased 6.3% year on year to ¥12,230 million, as demand for resin-molded automotive components recovered and the yen-denominated value of foreign-currency transactions increased due to the yen's movement toward depreciation compared with the previous fiscal year. Operating income increased 91.1% year on year to ¥1,444 million, driven by higher revenue, the success of ongoing cost-reduction initiatives and contributions from deliveries of new products outside the automotive sector, setting a new record high.」

「Operating profit reached a record high as higher net sales and cost-reduction initiatives proved effective, while deliveries of new products other than automotive products contributed to profit」

「Revenue increased 2.8% year on year to ¥5,683 million, as demand for resin-molded automotive components recovered and the yen-denominated value of foreign-currency transactions increased due to the yen's movement toward yen depreciation against the US dollar compared with the same period of the previous year.」

「Revenue increased 26.5% year on year to ¥8,817 million, as demand for resin-molded automotive components recovered and sales of new projects outside the automotive sector grew steadily. Operating income was ¥1,035 million, up ¥953 million year on year and compared with operating income of ¥81 million in the same period of the previous year, reflecting higher revenue, the recovery in plant utilization and progress in improving production efficiency.」

「Revenue increased 26.2% year on year to ¥6,068 million, as demand for resin-molded automotive components recovered and the company began full-scale production and delivery of new projects outside the automotive sector. Operating income was ¥643 million, reflecting higher revenue, the recovery in plant utilization and progress in improving production efficiency, compared with an operating loss of ¥182 million in the same period of the previous year.」

「Revenue increased 36.8% year on year to ¥2,821 million as demand for resin-molded automotive components recovered. Operating income was ¥258 million, reflecting the recovery in plant utilization and progress in improving production efficiency, compared with an operating loss of ¥184 million in the same period of the previous year.」

「Although demand related to automotive parts had not returned to pre-pandemic levels, operating income reached ¥273 million as the company advanced initiatives including higher productivity per employee, reduced manufacturing losses and improved in-process defect rates, compared with an operating loss of ¥299 million in the previous fiscal year.」

「Revenue increased 10.0% year on year to ¥6,972 million, as demand related to automotive parts began to recover from the third quarter of the current fiscal year and the yen-denominated value of foreign-currency transactions rose due to yen depreciation. Operating income was ¥81 million, reflecting higher plant productivity and expense reductions, compared with an operating loss of ¥192 million in the same period of the previous year.」

「Revenue increased 18.1% year on year to ¥4,810 million, as the yen-denominated value of foreign-currency transactions rose due to yen depreciation. However, lower plant utilization resulting from weaker demand related to automotive parts led to an operating loss of ¥182 million, compared with an operating loss of ¥163 million in the same period of the previous year.」

「Revenue increased 1.6% year on year to ¥2,062 million, as the yen-denominated value of foreign-currency transactions rose due to yen depreciation. However, lower plant utilization resulting from customer production adjustments led to an operating loss of ¥184 million, compared with operating income of ¥65 million in the same period of the previous year.」

「Although demand had declined due to the impact of COVID-19 in the same period a year earlier, demand for automotive plastic molded products recovered in the first nine months of the current consolidated fiscal year, and sales rose 17.2% year on year to ¥6,338 million. In Vietnam, however, restrictions including movement controls and lockdown measures were tightened from July through October last year in response to COVID-19. The company recorded substantial related costs, resulting in an operating loss of ¥192 million, compared with operating profit of ¥208 million in the same period a year earlier.」

「Although demand had declined due to the impact of COVID-19 in the same period a year earlier, demand for automotive plastic molded products recovered in the first half of the current consolidated fiscal year. Sales rose 25.0% year on year to ¥4,073 million.」

「Although demand had declined due to the impact of COVID-19 in the same period a year earlier, demand for automotive plastic molded products recovered in the first quarter of the current consolidated fiscal year. Sales rose 60.7% year on year to ¥2,030 million, and operating profit was ¥65 million, compared with an operating loss of ¥79 million in the same period a year earlier.」

「Although sales in the first quarter of the consolidated fiscal year fell 26.3% year on year due to the impact of COVID-19, demand for automotive plastic molded products subsequently showed signs of recovery. As a result, full-year sales fell 1.5% from the previous fiscal year to ¥7,667 million. Operating profit fell 10.6% to ¥320 million despite measures to improve productivity and reduce expenses.」

「Sales fell 10.0% year on year to ¥5,405 million. Although demand for automotive plastic molded products was showing signs of recovery, sales were affected by the novel coronavirus. Operating profit fell 24.1% to ¥208 million despite measures to improve productivity and reduce expenses.」

「Sales fell 19.1% year on year to ¥3,260 million. Although demand for automotive plastic molded products was showing signs of recovery, sales were affected by the novel coronavirus.」

「Sales fell 57.6% year on year to ¥6,007 million. Although mass production of automotive plastic molded products progressed steadily, the company transferred all of its equity interest in FCV, formerly a consolidated subsidiary, in March last year.」

「Sales fell 57.6% year on year to ¥4,032 million. Although mass production of automotive plastic molded products progressed steadily, the company transferred all of its equity interest in FCV, formerly a consolidated subsidiary, in March this year.」

「Sales fell 61.8% year on year to ¥1,714 million. Although mass production of automotive plastic molded products progressed steadily, the company transferred all of its equity interest in FCV, formerly a consolidated subsidiary, in March this year.」

「Sales rose 1.3% year on year to ¥14,158 million, as production and sales of printed circuit boards remained at the same level as in the same period a year earlier and mass production of automotive plastic molded products continued steadily.」

「Sales rose 5.8% year on year to ¥9,516 million, as production and sales of printed circuit boards remained at the same level as in the same period a year earlier, while mass production of automotive plastic molded products and delivery of molds for those products progressed steadily. Operating profit rose 13.0% to ¥130 million. The new Hiroshima office was completed and began operations in April this year.」

「Sales rose 2.8% year on year to ¥4,486 million, as mass production of automotive plastic molded products continued steadily.」

「In August 2014, the company established ADMS, a jointly funded company with FCV, and is proceeding with an expansion of the ADMS plant, scheduled for completion in August 2017, to manufacture automotive plastic molded products, enable full-scale production of combined unit products and handle new large-scale projects for plastic molded products.」

「The company decided last September to expand the ADMS plant to enable full-scale production of combined unit products incorporating electronic components and plastic molded products and to expand production capacity for plastic molded products. Construction is scheduled for completion in July this year.」

「The company decided in September this year to expand the ADMS plant to enable full-scale production of combined unit products incorporating electronic components and plastic molded products and to expand production capacity for plastic molded products. Construction is scheduled for completion in July 2017. Planned capital expenditure is ¥360 million, and the expansion work is scheduled for completion in July 2017.」

「In addition to steady progress in the delivery of molds for automotive plastic molded products, mass production of those products at the new plant of Aureole unit-Devices Manufacturing Service Inc., which began full-scale operations in September last year, contributed to performance.」