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Looking at net sales by business segment, we saw sales in the automobile business fall by 63.1 billion yen year on year to total 1,389.1 billion yen due to declining overseas sales volumes in the wake of the earthquake as well as foreign exchange losses due to the strong yen despite increased sales volumes in the domestic market.
Sales for the Aerospace Division were down 2.6 billion yen to total 80.3 billion yen due to foreign exchange losses despite increased sales in the commercial aircraft sector.
Industrial Products Division sales were up 3.6 billion yen at 33.6 billion yen due to increased sales of power generators used in reconstruction efforts following the March 11 earthquake as well as sales growth in overseas markets, which offset foreign exchange losses.
Other segments saw sales decline by 1.3 billion yen to total out at 14.2 billion yen due to a drop in sales of wind power generators.