ab 14 August 2024 Global Research and Evidence Lab First Read Mabuchi Motor Results above estimates, but monitoring Europe/ US auto slowdown and cost increases Q: How did the results compare with expectations? Q2 (Apr-Jun) OP was ¥5.3bn, 15% above our forecast (¥4.6bn) and 20% above the consensus (¥4.4bn). The main reasons for the discrepancy versus our forecast were the weaker yen and higher than estimated volumes for the life & industrial products segment. In this segment, the health and medical areas per ...