Consolidated sales fell 10% from the previous term
to 480.9 billion yen, and operating income fell 85%
to 3.9 billion yen.
As for ordinary income, we had profits of 2 billion
yen in the first half of the term but suffered a loss
of 5.2 billion yen in the second half. Therefore,
we generated loss at the ordinary income level for
the first time since fiscal 1993, totaling 3.2 billion
yen for the full year.
Net income also saw a sharp drop to -17.7 billion yen,
mainly due to the devaluation of investment securities,
which shall be explained later on in this presentation.
As for the foreign exchange rates, the U.S. dollar,
euro, and U.K. sterling all grew stronger against
the yen. |