Fujikura announced on Tuesday the firm tries to increase the consolidated operating profit for sales by 0.2 percentage points to more than 8% with 39% higher sales at 700 billion yen for fiscal 2008 ending March 2009 from fiscal 2005 under the new 3-year plan. The firm targets more than 10% of operating profit ratio toward 2010. The firm expects the ratio will decrease to 6.3% for fiscal 2006 when the all segments reduces the profit due to lower selling prices and higher depreciation.The firm expects the consolidated sales will increase by 42% to 350 billion yen for electronics & auto unit, of which main product is flexible printed circuit, by 23.6% to 136 billion yen for telecommunication unit, which covers optical communication for fiscal 2008 from fiscal 2005 while the sales of metal cable unit, which mainly covers industrial electric wire and cable, is flat. The firm expects flexible printed circuit sales increases by 56% to 140 billion yen for fiscal 2008 from fiscal 2005. The selling price is decreasing widely now. The president, Mr. Kazuhiko Ohashi said the operating profit will decrease by 3-5% for flexible printed circuit for fiscal 2006 from fiscal 2005. The firm expects the consolidated operating profit will decrease by 8.4% to 36 billion yen with 13% higher sales at 570 billion yen for fiscal 2006 from fiscal 2005. The firm expects operating profit will decrease by 9% to 22.5 billion yen with 24% higher sales at 246 billion yen for electronics & auto unit.
Japan Steel Scrap Composite Prices (Sangyo Press)02/02/2023
|50400YEN (-)||51700YEN (-)|
|389.19US$ (4.16)||399.23US$ (4.27)|
* Average of electric furnaces steel maker's purchasing price in Tokyo, Osaka and Nagoya (per ton)