Earnings Forecast (April 27, 2018)

Forecast (Graph)

Forecast

Years Ended March 31 2018 Result 2019 Forecast Change (%)
¥B % ¥B %
Net Sales 1,371.8 100.0 1,575.0 100.0 14.8
Operating Income 162.1 11.8 240.0 15.2 48.0
Income before Income Taxes 167.8 12.2 242.0 15.4 44.2
Net Income 146.1 10.6 180.0 11.4 23.2
Capital Expenditures 306.6 - 340.0 - 10.9
Depeciation and Amortization 141.6 10.3 116.0 7.4 (18.1)
R&D Expenses 94.2 6.9 110.0 7.0 16.8
Average Exchange Rate (JPY/US$) 110.86(Yen) - 105.00(Yen) - -
Average Exchange Rate (JPY/EURO) 129.70(Yen) - 130.00(Yen) - -

Projected Sales by Product

Years Ended March 31 
2018 Actual
(B JPY)
2019 Projections
(YoY growth ratio)
Capacitors 449.8 +14%
Piezoelectric Components 152.0 (4%)
Other Components 322.3 +32%
Communication Modules 395.0 +14%
Power Supplies and Other Modules 48.9 (20%)
Total 1,368.0 +15%

Projected Sales by Application

Years Ended March 31 
2018 Actual
(B JPY)
2019 Projections
(YoY growth ratio)
AV 66.6 +16%
Communication 719.6 +13%
Computers and Peripherals 202.4 +2%
Automotive Electronics 200.2 +23%
Home and Others
179.2 +28%
Total 1,368.0 +15%