Net sales of the Group for the fiscal year ended March 31, 2017 decreased by 70,496 million yen (8.6%) year on year to 748,891 million yen, while operating income increased by 19,281 million yen (60.8%) year on year to 50,979 million yen, and ordinary income increased by 16,454 million yen (43.5%) year on year to 54,322 million yen, as a result of an increase in sales of FPD Lithography Systems.
However, net loss attributable to owners of the parent of 7,107 million yen (compared to net income attributable to owners of the parent of 18,254 million yen in the previous fiscal year) was posted by recording 53,369 million yen in restructuring expenses.
In addition, the accounting policy for the revenue recognition of the FPD Lithography Systems in the Precision Equipment Business was changed from the fiscal year ended March 31, 2017. The year-on-year comparisons above were made with the figures adjusted retrospectively for the year ended March 31, 2016 in accordance with the change.
Precision Equipment Business: Net sales for the Precision Equipment Business increased by 38.4% year on year to 247,645 million yen, and operating income increased by 431.0% year on year to 51,004 million yen.
Imaging Products Business: Net sales for the Imaging Products Business decreased by 26.4% year on year to 383,022 million yen, and operating income decreased by 39.4% year on year to 27,733 million yen.
Instruments Business: Net sales for the Instruments Business decreased by 4.9% year on year to 73,449 million yen, and operating income decreased by 87.6% year on year to 349 million yen.
Medical Business: Net sales for the Medical Business were 20,276 million yen, whereas operating loss of 4,506 million yen was recorded primarily due to upfront investments in new medical-related businesses.
The balance of total assets as of March 31, 2017 increased 30,625 million yen from the end of the previous fiscal year to 997,203 million yen. The balance of total net assets as of March 31, 2017 fell 5,580 million yen to 522,699 million yen from the end of the previous fiscal year.
The forecast for the year ending March 2018 is that Revenue will be 700,000 million Yen and operating profit will be 45,000 million Yen and profit Attributable to Owners of the parent will be 34,000 million Yen (as of May 11, 2017).
Operating Profit to Revenue
Profit Attributable to Owners of the Parent/
Profit to Revenue
(Millions of Yen)
|Operating Profit to Revenue||5.0%||6.4%||5.1%||3.9%||6.8%||6.4%|
|Profit Attributable to Owners of the Parent||42,459||46,824||18,364||18,254||-7,107||34,000|
|Profit to Revenue||4.2%||4.8%||2.1%||2.2%||-0.9%||4.9%|
- *Forecasts for the year ending March 2018 (As of August 3, 2017).
- *The year ended March 2017 and before: JGAAP basis.From the year ending March 2018, the International Financial Reporting Standards (IFRS) is applied.
- *The figures for the year ended March 31, 2016 were adjusted retrospectively in accordance with the change in the accounting policy.