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Looking at net sales by business segment, we saw a jump in net sales in the automobile business over last year when we had to adjust production and shipment schedules. Sales rose by167.6 billion yen, or 29.2%, year on year to total 742.0 billion yen thanks to steady sales in both domestic and overseas markets, which significantly boosted the sales volume and mixture and offset foreign exchange losses.
Sales for the Aerospace Division totaled 37.4 billion yen, down 5.0 billion yen, or 11.9%, year on year as we wrapped up an R&D project to develop an unmanned aerial vehicle system for the Ministry of Defense as well as negative foreign exchange impacts.
Sales for the Industrial Products Division were up 4.3 billion yen, or 35.5%, to total 16.4 billion yen as rising demand in both domestic and overseas markets pushed sales figures up.
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