Mr. Atsuo Kobayashi
Senior Vice President
Data Storage & Thin Film Technology Components Business Group
Good afternoon. I’m Atsuo Kobayashi, General Manager of the Recording Devices Business.
Net Sales Results & Projections for FY2011
I would like to report on net sales for the first nine months of and forecasts for the fiscal year ending March 31, 2011 in the recording devices business. First-half net sales were ¥137.0 billion, and third-quarter net sales were ¥63.0 billion. For the fourth quarter, we are projecting net sales of ¥57.9 billion. We are thus forecasting second-half net sales of ¥120.9 billion. Previously, we forecast net sales of ¥110.9 billion for the second half of the year ending March 2011. Consequently, we have revised our projected net sales to ¥257.9 billion, or 8% down from the previous fiscal year. In terms of HDD head demand and TDK market share, we are forecasting total HDD demand of 650 million units. We expect an average of 3 heads per HDD, with HGA demand of 1,945 million units. We project an HGA market share for TDK of 31% at the end of March 2011.
That concludes my presentation. Thank you for your attention.