Precision

Since our sales in Japan are reliant upon camera components, we increased earnings by opening up new areas of opportunity through aggressive sales that promoted our technological prowess. On the other hand, orders from overseas fell, thus pushing overall earnings downward.
Profits increased due to higher earnings in Japan and cost-cutting in production.
Consequently, net sales for the consolidated fiscal year amounted to 5,249 million yen down 3.3% from 5,430 million yen in the previous fiscal year. Operating profit amounted to125 million yen, an increase of 124 million yen from 0.9 million yen in the previous fiscal year.

Outlook for the Future

The sudden contraction of the market for optical devices has come to a halt and we are adding diversity and vigor to our product lineup in the run-up to the 2020 Tokyo Olympics. The field of sensor-equipped cameras is undergoing massive growth due to the rapid advances in autonomous vehicle technology.
The technology our Group possesses in manufacturing highly complex molds is an advantage in the fabrication of high-precision on-vehicle camera holders and other such equipment. We are working with optical device manufacturers to win more orders in the field of sensor-equipped camera components for automobiles, an area in which future growth is anticipated. Furthermore, we are devoting energy to opening up opportunities pertaining to components for the diversified products (office equipment) made by optical device manufacturers. Meanwhile, we are working to cut costs in our mold manufacturing processes and to automate and streamline production processes, and are endeavoring to offer a steady supply of products.

Topics

Joined Toyota Exhibition/Conference

Since our sales in Japan are reliant upon camera components, we increased earnings by opening up new areas of opportunity through aggressive sales that promoted our technological prowess. On the other hand, orders from overseas fell, thus pushing overall earnings downward.

New Subsidiary: PRITEC

TOHOKU RHYTHM, a core company in the Precision, turned PRITEC CO. LTD., a printing and paint company, into a subsidiary on June 2016 in order to grow business in the future.

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