In the second quarter of the fiscal year ending March 2011, net sales were 69,803 million yen, up 2.8% from the first quarter. Operating income was 6,346 million yen, up 5.3% from the previous quarter. Net income was 3,502 million yen, down 8.2% from the previous quarter.
Despite the rapidly appreciating Japanese yen, earnings from machined components such as bearings were better. Increased sales of LED backlights, HDD spindle motors, brushless DC motors and other products also contributed to higher operating income.