Yazaki’s Cable Division Forecasts 9% Shipment Down for New Fiscal Year

Yazaki Corporation’s electric cable division estimates its annual cable shipment would shrink by 9% year-to-year in a new fiscal year starting in July 2009. The shipment for July08-June09 is likely to decrease by 12% to around 57,000 tonnes of copper compared with the previous fiscal year. The demand maintains stagnant for building wires. The division tries to secure profits by cost reduction and productivity improvement as well as production of high voltage automotive cables in cooperation with Yazaki’s automotive component division.

The division’s cable shipment is declining by around 20% year-to-year in and after April 2009. The shipment of building wires, the division’s main item, is remarkably decreasing though the shipment of power distribution cables keeps stable. House sales and manufacturing industry’s investments are unlikely to recover in a new fiscal year for July09-June10.

The division aims to increase production of high voltage automotive cables commissioned from Yazaki’s automotive component division when construction market maintains stagnant. In Yazaki Group, production of automotive wiring harness and automotive cable is controlled by the auto component division. However, as for high-voltage thick cables applied to hybrid cars, electric vehicles and power charging stands, the cable division has productive know-how and the auto component division commissions the production. The cable division aims to secure the profits by supply of automotive cables for environmental cars, the market of which is expected to grow up.