Results for the Three Months Ended June 30, 2012
Consolidated financial results for the first quarter recorded net sales of 458.6 billion yen, down 28.4% compared to the same period last year. Operating loss was 94.1 billion yen, and net loss was 138.4 billion yen, both representing significant declines from the same period last year.
Restructuring charges of 14.2 billion yen were recorded, including expenses associated with deployment of IGZO technology at the LCD plant, as well as settlement package of 15.8 billion yen to resolve anti-cartel lawsuits related to the TFT LCD business.
|
