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Mabuchi posts 1H operating results

Posted: 22 Aug 2006 ?? ?Print Version ?Bookmark and Share

Keywords:Mabuchi Motors? operating results? sales? motors?

Mabuchi Group recently announced interim consolidated sales of approximately $423.9 million, an increase of 10.7 percent from the same term last year. The motor sales, which accounts for a major portion of this figure, was $420.49 million, up 9.8 percent from the same term in 2005.

According to the company, the sales volume of the entire group increased due to the consistent expansion of the automotive products market, healthy sales in the information and communication equipment market, and the home appliances, power tools market and the more than expected expansion of motor sale for DVD players in the audio and visual equipment market.

Sales of automotive products has steadily grown due to the increasing use of electrical components in vehicles, and the increasing of number of motors used in automotives, said Mabuchi. The sales for this market significantly increased to around $160 million, up 19.3 from 2005, which accounts for the large proportion of increase in the company's sales.




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