Financial Highlights
Operating Results and Financial Position (annual)
During the fiscal year ended March 31, 2024, revenue increased 89,140 million yen (14.2%) year on year to 717,245 million yen, operating profit decreased 15,132 million yen (27.6%) year on year to 39,776 million yen, profit before tax decreased 14,390 million yen (25.2%) year on year to 42,669 million yen, and profit attributable to owners of parent decreased 12,374 million yen (27.5%) year on year to 32,570 million yen.
Imaging Products Business
The Group focused on expanding sales of mid- to high-end products and interchangeable lenses targeted at professionals and hobbyists, especially Z 8, Z f and other Z series full-frame mirrorless cameras.
As a result, this business segment recorded revenue of 279,737 million yen (up 23.2% year on year) and operating profit of 46,542 million yen (up 10.3% year on year) due mainly to higher average unit selling prices and the positive effects of the yen depreciation.
Precision Equipment Business
The FPD lithography systems field recorded year-on-year decreases in both revenue and profit due to declined unit sales of the systems for both mid-to-small size panels and large-size panels.
In contrast, the semiconductor lithography system field recorded year-on-year increases in both revenue and profit owing to increased unit sales of new systems.
As a result, in this segment, the Group recorded revenue of 219,379 million yen (up 7.9% year on year) and operating profit of 15,179 million yen (down 38.2% year on year).
Healthcare Business
The Group recorded a year-on-year increase in revenue backed by the positive effects of the yen depreciation and robust sales in the life science solutions and eye care solutions fields. However, the business segment as a whole posted a decrease in profit partly because we had a cost increase due to price surges, and recorded a provision in the second quarter ended September 30, 2023 and related expenses for a foreign subsidiary in the eye care solutions field.
As a result, in this segment, the Group recorded revenue of 107,889 million yen (up 8.5% year on year) and operating profit of 5,388 million yen (down 53.5% year on year).
Components Business
The Digital Solutions Business recorded decreases in both revenue and profit as sales of optical parts and encoders declined.
Likewise, the Customized Products Business recorded decreases in both revenue and profit mainly due to decreased sales of EUV-related components resulting from a slowdown in the EUV-related markets.
As a result, in this segment, the Group recorded revenue of 47,005 million yen (down 11.4% year on year) and operating profit of 16,829 million yen (down 23.8% year on year).
Digital Manufacturing Business
The Industrial Metrology Business recorded an increase in revenue backed by strong sales of new X-ray products and Laser Radar, but recorded a decrease in profit as a result of the recognition of one-time expenses arisen from the discontinuation of unprofitable products.
While the Advanced Manufacturing Business recorded an increase in revenue as a result of making SLM a consolidated subsidiary, a deficit in the business expanded because of one-time costs associated with the launch of a business unit and amortization of the intangible assets acquired in the process of making SLM a consolidated subsidiary, as well as up-front investments in R&D and other activities.
As a result, in this segment, the Group recorded revenue of 59,937 million yen (up 42.4% year on year) and operating loss of 15,801 million yen (operating loss of 10,157 million yen in the previous fiscal year).
