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Business Results
for the Six Months
Ended September 30, 2002
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| Consolidated
business results –By
business segment– |
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page [Index] Next
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|
[¥100
million] |
(Six
months ended Sep. 30, ‘01)
FY’01:1st
half
|
(Six
months ended Sep. 30, ‘01)
FY’01:2nd
half
|
(Six
months ended Sep. 30, ‘02)
FY’02:1st
half |
Increase/
(decrease) |
Effect
of FOREX, etc. |
Net
increase/
(decrease) |
 |
«Sales»
|
|
| Bearings |
1,555 |
1,468 |
1,604 |
+49 |
+40 |
+9 |
(+0.5%) |
 |
| Automotive
components |
654 |
628 |
751 |
+97 |
+19 |
+78 |
(+11.9%) |
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| Precision
machinery |
209 |
132 |
165 |
-44 |
+5 |
-49 |
(-23.1%) |
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| Others |
106 |
57 |
87 |
-19 |
0 |
-19 |
(-18.2%) |
 |
| Total |
2,524 |
2,285 |
2,607 |
+83 |
+64 |
+19 |
(+0.7%) |
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«Operating
income»
|
|
| Bearings |
67 |
46 |
94 |
+27 |
0 |
+27 |
(+40.3%) |
 |
| Automotive
components |
1 |
3 |
20 |
+19 |
- |
+19 |
(+1900.0%) |
 |
| Precision
machinery |
-6 |
-47 |
-34 |
-28 |
- |
-28 |
- |
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| Others |
-13 |
-12 |
-15 |
-2 |
- |
-2 |
- |
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| Total |
49 |
-10 |
65 |
+16 |
0 |
+16 |
(+32.7%) |
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| The profitability of
bearings, our core products, and automotive
components saw a major improvement as
result of business restructuring activities
implemented in Japan and Europe.
Sales of precision machinery &
parts did not recover to the same level
of 1st half of FY 2001, but have gradually
started to pick up after hitting bottom
during the 2nd half of FY 2001. Also,
as a result of changes in the cost structure,
we have managed to start improving the
profitability of this business segment.
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