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Net sales through the 3rd quarter of the fiscal year ending March 31, 2008 were 1 trillion 105.3 billion yen, with a 46.6 billion yen increase or a 4.4 % profit increase on a year-on-year basis. An improved sales volume and mixture worth 38.8 billion yen and a foreign exchange gain from weakened yen that added 20.3 billion yen compensated for a decrease in sales volume for the 3 internal companies and others totaling 12.5 billion yen.
Operating income will be explained in detail later, but the foreign exchange gains from weakened yen yielded, a reduction in material costs and a decrease in SG&A expense and others that covered deteriorating domestic and overseas sales volume and mixture and increased R&D expenses, resulting in a 0.9 billion yen increase, with a 2.4% profit increase of 36.6 billion yen.
Ordinary income increased 2.5 billion yen on a year-to-year basis, with an 8.4 % profit increase of 32.7 billion yen.
However, due to extraordinary gains from land sales in the previous fiscal year, net income fell 6.8 billion yen, with a 27.5% profit decrease of 17.9 billion yen. |
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