Here shows the difference between the forecast as of May and actual results for net sales and operating income by business segment for the first quarter.
Net sales for Precision Technologies, PT (formerly the machined components business segment) was generally on a par with the forecast.
Motor, Lighting & Sensing, MLS (formerly the electronic devices & components business segment) were below the projection due to a slowdown in sales of products for office automation, data center, and industrial machinery applications.
Semiconductors & Electronics, SE (formerly the MITSUMI business segment) enjoyed higher-than-projected sales, mainly for optical devices.
Access Solutions, AS (formerly the U-Shin business segment) were generally on track with the forecast.
Operating income for PT was lower than expected due to decline in profitability resulting from production adjustments for bearings.
MLS was generally on track with the forecast.
SE experienced lower-than-projected operating income, mainly for optical devices.
AS was generally on track with the forecast.
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