Business Results
-by Geographical Segment
| (100 Million) | FY'06: 1st half <Actual> |
FY'07: 1st half <Actual> |
Increase/ Decrease YOY |
Difference YOY |
FY'07:1st half <Original forecast> |
|||
|---|---|---|---|---|---|---|---|---|
| Sales | 3,493 | 3,693 | +200 | +5.7% | 3,600 | |||
| Japan | 2,538 | 2,629 | +91 | +3.6% | 2,614 | |||
| The Americas | 502 | 545 | +43 | +8.6% | 522 | |||
| Europe | 618 | 662 | +44 | +7.1% | 575 | |||
| Asia | 496 | 554 | +58 | +11.9% | 546 | |||
| Eliminations | -661 | -697 | -36 | - | -657 | |||
| Operating income | 300 | <8.6%> | 316 | <8.5%> | +16 | +5.2% | 310 | <8.6%> |
| Japan | 222 | <8.8%> | 214 | <8.1%> | -8 | -3.6% | 218 | <8.3%> |
| The Americas | 20 | <4.0%> | 25 | <4.6%> | +5 | +24.5% | 28 | <5.4%> |
| Europe | 32 | <5.2%> | 41 | <6.2%> | +9 | +28.2% | 36 | <6.3%> |
| Asia | 46 | <9.2%> | 63 | <11.3%> | +17 | +38.1% | 53 | <9.7%> |
| Eliminations/ corporate |
-20 | -27 | -7 | - | -25 | |||
Japan:- We had positive factors such as volume growth, effects of internal efforts including productivity improvement and reduction of external procurement costs, and effects of exchange rate fluctuations. However profits decreased YOY due to decrease in sales price, increases in selling, general and administrative expenses, and increase in depreciation and amortization partly caused by amendment to the Japanese Corporate Tax Law.
- The Americas:
- Profitability improved backed by volume growth and decrease in expenses for transfer of plant in North America. (The transfer has already been comleted.)
- Europe:
- Increase in sales especially in industrial machinery segment, increase in sales price and reduction of external procurement costs contributed to total sales increase.
- Asia:
- Sales expansion in China and the ASEAN countries such as Thailand pushed up total increase in profits.