Investor Relations

  • About Tsubaki
  • Tsubaki’s Path to the Future
  • Four Business Segments
  • Strengths of the Tsubaki Group
  • Performance Trends and Outlook
  • Shareholder Return
  • Our Global Manufacturing Network

5.Performance Trends and Outlook

Outlook for the Current Fiscal Year

Looking ahead to FY 2017, the economies of North America, Europe, and Asia are likely to remain on a recovery trend, while the Japanese economy is expected to post moderate economic growth as a result of government economic policies and other factors. However, the risk of hikes in materials prices and the effects of U.S. policies remain a potential concern.
Under these circumstances, our Group will work together to achieve the objectives of Mid-term Management Plan 2020 launched in April 2017, as we continue to increase our potential for sustainable growth.

Trend in sales and income

Trend in sales and income
FY2008 FY2009 FY2010 FY2011 FY2012 FY2013 FY2014 FY2015 FY2016 FY2017
(estimated)
Sale 1,415 1,127 1,382 1,448 1,500 1,780 1,967 2,039 1,987 2,050
Operating income 90 47 110 120 125 173 214 215 216 205
Ordinary income 93 49 111 121 128 179 222 221 220 210
Net income 61 31 60 68 74 102 141 127 145 145