Operating income for the fiscal year ended March 31, 2015 totaled 60.1 billion yen, up 86.7% over last year while the operating margin rose 3.3 percentage points to hit 12.0%.
Operating income for the fiscal year ending March 2016 is projected to increase to 67.0 billion yen as sales of electronic devices, ball bearings and more grow while higher capacity utilization and restructuring measures improve profitability.