Now let's look at the electronic devices & components segment.
Net sales decreased 3.2% quarter on quarter to total 90.7 billion yen.
Looking at the results by product, we see that sales of motors increased 0.5% quarter on quarter to reach 66.5 billion yen. This is mainly due to robust sales for HDD despite impact of decrease of production in the office automation industry caused by the shortage of semiconductors. Sales of electronic devices decreased 18.0% quarter on quarter to total 14.2 billion yen. Sales of sensing device, totaling 9.0 billion yen, were down 3.5% from the previous quarter.
Operating income came to 3.7 billion yen, and the operating margin was 4.1%. It was down 38.7% quarter on quarter while the operating margin decreased 2.4 percentage points. This downturn was mainly due to a drop in electronic device sales and raw material price hikes.
Looking at the results by product, the operating income for sensing devices, for electronic devices, and for motors were all down from the previous quarter.
For your reference, figures shown for the fiscal year ended March 2021 and before are based on the classifications used before changes to the business segments were made. Please note that the same applies to the rest of the presentation.
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