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Latest Update : Aug.8, 2017

Back to Financial Results (FY3/2018)

Investor Conference Call for 1Q FY 3/2018 held on August 4, 2017

This slide shows the results for the electronic devices and components segment.
First quarter net sales were down 9% quarter on quarter to total 104.4 billion yen, operating income rose 22% to total 6.8 billion yen, and the operating margin edged up 1.7 percentage points to reach 6.6%.
Motor sales steadily grew mainly in the automobile market, totaling 44.0 billion yen for a 5% quarter-on-quarter increase.
Net sales of electronic devices dropped 13% quarter on quarter to total 51.3 billion yen. While sales for last fiscal year's first quarter were affected by special circumstances where the smartphone market underwent inventory adjustments, demand in the first quarter of this fiscal year remained within the usual range of ups and downs, and production of LED backlights for our major customers kicked off without a hitch. Both sales and profits will grow even further in the second quarter as demand peaks.
Sales of sensing devices totaled 8.3 billion yen. This figure would be about the same as the last quarter's if you were to disregard the one-time consolidation of an additional three months of Minebea Intec’s (formerly Sartorius Mechatronics T&H) financial performance in the previous quarter.

6page (total 19pages)

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