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Latest Update : Feb.16, 2012
Back to Financial Results (FY3/2012)
Investor Meeting Presentation for 3Q FY 3/2012 and New Medium-term Business Plan held on February 3, 2012
Third quarter net sales for Electronic Devices and Components Business totaled 9.2 billion yen, down 12.5% from the previous quarter. Operating income was 0.3 billion yen in the red, while the operating margin dipped 4.1 percentage points quarter on quarter to reach minus 2.8%.
Net sales of electronic devices decreased 15.7% from the previous quarter, to hit 7.5 billion yen. Although orders for LED backlights continued to flow in at a healthy rate, our inability to procure flexible printed circuits due to the Thai floods temporarily held back production. Fourth quarter performance is now back on track after finding new procurement sources and we will ramp up production to fill the soaring orders for mainly smart phones and tablet PCs.
Net sales of measuring components was up 6.3% over the previous quarter to total 1.7 billion yen thanks to the recovery of the Japanese domestic automobile industry after the devastating effects of the Tohoku Earthquake. Profits remained almost the same as the previous quarter.
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