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Total net sales for the first half of the fiscal year ending March 2009 stood at 744.2 billion yen, an increase of 35.4 billion yen year-on-year basis, which equals to a 5.0% of increased revenues. Losses of 36.3 billion yen from foreign exchange fluctuation due to an appreciation of the yen were compensated by in increase of 66.9 billion yen due to improvement in the sales volume and mix based on the effect of new models and sales increase of 4.8 billion yen of other three internal companies.
Operating income, the details explained later, stood at 18.3 billion yen, a decrease of 0.6 billion yen or 3.0% in profit year-on-year basis due to the increased overhead costs such as fixed costs, the substantial increase in prices of raw materials and foreign exchange loss based on an appreciation of the yen, notwithstanding the great improvement of the sales volume and product mix due to the effect of new models.
On the other hand, ordinary income was 18.2 billion yen with an increased by 4.0 billion yen or 28.4% in profit year-on-year basis. Again, the details explained later, it was due to the effect of foreign exchange contracts and suchlike.
Net income stood 4.4 billion yen, which was a decrease of 3.4 billion yen or 43.9% in profit year-on-year basis due to the fact that the burden of the corporate tax and suchlike became heavier as differed tax was not applicable for the unrealized profit following the reorganization of the domestic distributors.