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(Year ended March 31, 2007)
Summary of Operating Results by Business 2007
Net Sales ¥1,370.6 billion (11.8%)
Operating Income ¥100.6 billion (-11.7%)
Revenue from unaffiliated customers increased 11.8%, to ¥1,370.6 billion, from the previous fiscal year, due mainly to increased unit sales and the positive impact of currency translation effects. Operating income decreased 11.7 %, to ¥100.6 billion, from the previous fiscal year, due mainly to increased SG&A expenses, increased R&D expenses and the gain on the return of the substitutional portion of employees' pension funds to the Japanese government recorded in fiscal 2006. This contributed to offsetting the positive impact of increased profit attributable to higher revenue and the currency effects that were caused by the depreciation of the Japanese yen.
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