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Looking at operating income by business segment, Automotive Division operating income recovered into the black at 21.9 billion yen, up 43.6 billion yen over the same period of the previous fiscal year, improved sales volume and mixture, lower materials costs, and decrease of SG&A expenses offsetting currency exchange losses from the stronger yen and higher R&D costs.

Aerospace Division operating income totaled 10 million yen, down 1.6 billion yen, due to lower defense-related demand and currency exchange losses attributed to the stronger yen.

The Industrial Products Division reigned in its operating loss to only 53 million yen. Despite exchange losses from the stronger yen, the segment was boosted 0.2 billion yen over the same period of previous fiscal year due to an improved sales volume and mixture associated with a recovery in sales.