Operating income for the fiscal year ended March 31, 2012 decreased by 61.2% year on year to 8.6 billion yen while the operating margin dropped by 4.8 percentage points to 3.4%. Estimates indicate that foreign exchange rates have caused our operating income to drop 0.4 billion yen year on year.
Operating income for the fiscal year ending March 31, 2013 is projected to recover significantly as more production, fueled by growing sales, and cost cutting measures boost profitability.