Mitsumi business segment quarterly trends.
Net sales decreased 30.5% quarter on quarter to total 79.4 billion yen. While sales of analog semiconductors increased, sales decreased for other products, primarily mechanical components and optical devices as the peak demand period has passed.
Operating income totaled 0.8 billion yen while the operating margin was 1.0%. Operating income decreased 91.8% and the operating margin declined 7.7 percentage points quarter on quarter. This was due to decrease of profit along with the decrease of sales, in addition to the effects of the aforementioned one-time expenses. If the one-time expenses were not factored in, the operating margin would be 6.1%.
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