5.Performance Trends and Outlook
Outlook for the Current Fiscal Year
Regarding the outlook going forward, overseas, economic growth is expected to soften overall due to the effect of uncertainty surrounding the United States?China trade problem and the United Kingdom’s withdrawal from the European Union. Further, in Japan, the outlook is likely to remain uncertain as a result of concerns over economic recession overseas.
Amid these business conditions, with a view to realizing its target corporate profile (a global leader), the Group intends to strengthen its operational capabilities while aiming to enhance safety and quality and to build foundations that will lead to sustained growth.
Trend in sales and income

FY2010 | FY2011 | FY2012 | FY2013 | FY2014 | FY2015 | FY2016 | FY2017 | FY2018 | FY2019 (estimated) |
|
Sale | 1,382 | 1,448 | 1,500 | 1,780 | 1,967 | 2,039 | 1,987 | 2,157 | 2,385 | 2,350 |
Operating income | 110 | 120 | 125 | 173 | 214 | 215 | 216 | 206 | 217 | 161 |
Ordinary income | 111 | 121 | 128 | 179 | 222 | 221 | 220 | 217 | 216 | 164 |
Net income | 60 | 68 | 74 | 102 | 141 | 127 | 145 | 146 | 137 | 117 |
Toward a Sustainable Society
The Tsubaki Group is engaged in the “art of moving” and aims to provide value that exceeds expectations
to become a company that continues to be needed by society.