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HOME |Investors | Presentation | Financial Conference for the Results of the First Half of Fiscal 2005

Financial Conference for the Results
of the First Half of Fiscal 2005

Vision for the
final year of our Mid-term Business Plan

-Operating income margin: 8.5%(Vision more than 10%)
Mid-Term Targets -ROE: More than 10%
-Financial position: D/E ratio less than 1.0
  • Net sales: Expected to achieve strategic target
  • Operating income:
    • Industrial bearings Achieve 10% operating income margin
    • Automotive products Improve profitability
    • Precision and machinery Review product portfolio
  • ROE: Achieve ROE of greater than 10%
  • Financial position:
    • Reduce interest-bearing debts by 80 billion yen in 3 years,
      and improve D/E ratio to below 1
    • Improve inventory turnover
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