Business Results -By Geographical Region-
| (¥100 million) | (6 months ended Sep.30,'05) FY'05:1st half <Actual> |
(6 months ended Sep.30,'06) FY'06:1st half <Actual> |
Difference On a year-on-year basis (amount) |
Difference On a year-on-year basis (%) |
(6 months ended Sep.30,'06) FY'06:1st half <Forecast revised in Aug.> |
| Sales | 3,029 | 3,493 | +464 | +15.3% | (3,450) |
| Japan | 2,274 | 2,538 | +264 | +11.6% | (2,541) |
| Americas | 435 | 502 | +67 | +15.6% | (494) |
| Europe | 534 | 618 | +84 | +15.7% | (601) |
| Asia | 350 | 496 | +146 | +41.4% | (477) |
| Elimination | -564 | -661 | -97 | (-663) | |
| Operating income | 184 <6.1%> |
300 <8.6%> |
+116 | +63.0% | (280) <8.1%> |
| Japan | 137 <6.0%> |
202 <8.0%> |
+65 | +47.4% | (192) <7.6%> |
| Americas | 13 <3.1%> |
20 <4.0%> |
+7 | +49.8% | (20) <4.0%> |
| Europe | 16 <3.0%> |
32 <5.2%> |
+16 | +97.2% | (33) <5.5%> |
| Asia | 22 <6.4%> |
46 <9.2%> |
+24 | +103.8% | (41) <8.6%> |
| Elimination | -4 | 0 | +4 | (-6) |
- Japan:
Factors resulting in profits increases were volume growth, productivity improvement, reduction of external procurement costs, effects of consolidating Amatsuji Steel Ball Manufacturing Co., Ltd., and improvement in export profit margins due to the depreciation of the yen. - Americas:
Sales increased due to volume growth, although some effects of business restructuring expenses in U.S. still remain. - Europe:
Sales increased due to volume growth, increase in sales price, and stability of production in plants of steering systems. - Asia:
Profitability increased with healthy demand in Thailand and ASEAN and production stability in China.