|
 |
Mid-term Business
Strategy Conference
- Review of the Mid-term Plan (FY’03 ~ FY’05)
Factors Affecting Operating Income
| (¥100 Million) |
FY '05 |
Difference |
Original forecast of
Mid-term
Plan ('03~05) |
Revised forecast |
| Sales |
5,880 |
6,200 |
+320 |
| Operating Income |
500 |
410 |
 90 |
Operating Income
| Positive Factors |
- Increased level of sales
- Improved profitability of the Industrial Machinery Bearings business
- Reflection of the rise in steel prices in sales prices
- Benefits of the increases in sales prices
|
| Negative Factors |
- Inability to meet cost reduction targets due to rising steel prices
- Negative impact of foreign exchange
| Plan |
$=¥120 |
€=¥120 |
| Forecast |
$=¥108 |
€=¥136 |
- Increases in expenses:
Distribution,depreciation and amortization,labor, etc.
|
 |
|
