In the electronic devices and components segment, net sales increased 9.5% from the previous quarter to total 128.7 billion yen while operating income increased 47% to reach 9.4 billion yen. On top of that, the operating margin was up 1.8 percentage points to total 7.3%.
While motor sales fell 2% from the previous quarter to total 38.0 billion yen, demand from the automobile industry remained steady. Profits increased even further, however, as all product groups now generate profits.
Sales of electronic devices rose a significant 17% quarter on quarter to hit 80.9 billion yen as demand for LED backlights used in smartphones peaked as it usually does and profits soared.
Sales of sensing devices decreased 4% from the previous quarter to hit 8.5 billion yen while the operating margin benefitted from Sartorius MT&H's better performance.
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