Sales and Operating Income by Product Group
Sales by product group include internal sales and transfer between segments (Product Business and Device Business).
Digital Information Equipment | (Billions of Yen; Millions of Units) |
|
FY2012 |
FY2013 |
FY2014 |
Full Year |
1H |
|
2H |
Full Year |
|
Full Year Forecast |
|
3Q |
4Q |
Change
(Y on Y) |
Change
(Y on Y) |
Sales |
732.6 |
334.6 |
216.9 |
181.8 |
398.7 |
733.3 |
+0.1% |
780.0 |
+6.4% |
|
LCD TVs |
Amt |
388.4 |
194.0 |
118.8 |
100.9 |
219.8 |
413.8 |
+6.6% |
440.0 |
+6.3% |
Unit |
8.03 |
3.69 |
2.18 |
1.94 |
4.12 |
7.81 |
-2.7% |
8.20 |
+4.9% |
Mobile Phones |
Amt |
229.6 |
87.5 |
69.2 |
48.8 |
118.0 |
205.5 |
-10.5% |
220.0 |
+7.0% |
Unit |
6.11 |
2.42 |
1.77 |
1.30 |
3.08 |
5.51 |
-9.8% |
6.30 |
+14.3% |
Operating
Income
(margin) |
-9.8
(-1.3%) |
0.8
(0.3%) |
8.4
(3.9%) |
3.4
(1.9%) |
11.9
(3.0%) |
12.8
(1.8%) |
-
|
20.0
(2.6%) |
+55.8%
|
Sales of Digital Information Equipment for fiscal 2013 were 733.3 billion yen, on par with the previous year. Operating income, however, was back in the black at 12.8 billion yen, following an operating loss in the previous year.
LCD TVs
The exacerbating competition environment in the U.S. market and other causes resulted in slightly fewer units sold than in the previous year, while the average unit price increased.
In fiscal 2014, we will increase sales of high-definition LCD TVs such as 4K AQUOS and Quattron Pro, enhance the lineup of 60 inch and larger models, and strengthen sales of locally suitable models in emerging countries and other important regions.
Mobile phones
The units sold and amounts recorded were lower than the previous year, due to increased competition with overseas mobile phone manufacturers and blunted growth of domestic smartphone demand, among other causes.
In fiscal 2014, we will tap the demand for feature phones in the domestic market and introduce distinctive smartphones with IGZO LCDs and thin-bezel design EDGEST features, etc.
Health and Environmental Equipment | (Billions of Yen) |
|
FY2012 |
FY2013 |
FY2014 |
Full Year |
1H |
|
2H |
Full Year |
|
Full Year Forecast |
|
3Q |
4Q |
Change
(Y on Y) |
Change
(Y on Y) |
Sales |
309.6 |
159.8 |
82.1 |
84.9 |
167.0 |
326.8 |
+5.6% |
360.0 |
+10.1% |
Operating Income
(margin) |
32.2
(10.4%) |
9.6
(6.0%) |
5.6
(6.9%) |
5.6
(6.7%) |
11.3
(6.8%) |
21.0
(6.4%) |
-34.7%
|
19.0
(5.3%) |
-9.6%
|
Sales of Health and Environmental Equipment were 326.8 billion yen, up 5.6% over the previous year. However, operating income was down 34.7%, to 21.0 billion yen, due to worsening profits of imported products caused by a yen depreciation.
In fiscal 2014, we will respond to the backlash from the consumption tax increase by creating products that arouse new demand and introducing products with unique features on the market.
Also, we will further strengthen overseas business centered on ASEAN, and work to minimize foreign exchange effects through the expansion of local production for local consumption.
Solar Cells | (Billions of Yen) |
|
FY2012 |
FY2013 |
FY2014 |
Full Year |
1H |
|
2H |
Full Year |
|
Full Year Forecast |
|
3Q |
4Q |
Change
(Y on Y) |
Change
(Y on Y) |
Sales |
259.9 |
168.2 |
108.5 |
162.1 |
270.7 |
439.0 |
+68.9% |
290.0 |
-33.9% |
Volume
(MW) |
1,319 |
904 |
459 |
736 |
1,195 |
2,098 |
+59.1% |
2,000 |
-4.7% |
Operating Income
(margin) |
-4.4
(-1.7%) |
9.8
(5.9%) |
5.9
(5.5%) |
16.5
(10.2%) |
22.5
(8.3%) |
32.4
(7.4%) |
-
|
-5.0
(-1.7%) |
-
|
Sales of Solar Cells were up 68.9% over the previous year to 439.0 billion yen, and operating income was 32.4 billion yen. This result was achieved thanks to growth in residential applications and industrial ones, such as mega-solar power generation in the Japanese market. Growth in overseas developer businesses also contributed.
In fiscal 2014, we anticipate a significant drop in sales and an operating loss. This is due to factors including a decrease in the number of overseas developer business projects (for which sellout was concentrated in fiscal 2013), a decrease in sales of domestic residential applications, and an increase in costs of imported components and materials caused by the yen depreciation. We will work to regain profitability by rapidly converting to an energy system solution business, for example, by expanding sales in EPC and by strengthening IPP and O&M businesses.
Business Solutions | (Billions of Yen) |
|
FY2012 |
FY2013 |
FY2014 |
Full Year |
1H |
|
2H |
Full Year |
|
Full Year Forecast |
|
3Q |
4Q |
Change
(Y on Y) |
Change
(Y on Y) |
Sales |
296.9 |
158.4 |
77.1 |
83.3 |
160.4 |
318.8 |
+7.4% |
340.0 |
+6.6% |
Operating Income
(margin) |
24.3
(8.2%) |
15.9
(10.1%) |
6.1
(8.0%) |
8.4
(10.2%) |
14.6
(9.1%) |
30.5
(9.6%) |
+25.5%
|
26.0
(7.6%) |
-14.9%
|
Sales of Business Solutions were up 7.4% over the previous year to 318.8 billion yen, and operating income was 30.5 billion yen, up 25.5%, due mainly to robust sales of MFPs in overseas market and information displays in Japan and overseas.
In fiscal 2014, we will expand high-speed MFPs in developed countries and strengthen sales of color MFPs in emerging countries, as well as develop new customers by offering solution proposals through combinations of MFPs and displays.
|
FY2012 |
FY2013 |
FY2014 |
Full Year |
1H |
|
2H |
Full Year |
|
Full Year Forecast |
|
3Q |
4Q |
Change
(Y on Y) |
Change
(Y on Y) |
Sales |
846.8 |
478.5 |
277.5 |
234.9 |
512.5 |
991.0 |
+17.0% |
1,000.0 |
+0.9% |
Operating Income
(margin) |
-138.9
(-16.4%) |
8.6
(1.8%) |
26.0
(9.4%) |
6.9
(2.9%) |
32.9
(6.4%) |
41.5
(4.2%) |
-
|
55.0
(5.5%) |
+32.2%
|
Sales of LCDs were up 17.0% over the previous year to 991.0 billion yen, thanks to growth in small- and medium-size LCDs for smartphones and other products. Operating income was 41.5 billion yen, thanks mainly to an improved product mix resulting from a shift to small- and medium-size LCDs, as well as the contribution from patent-related income.
By the end of the first half of fiscal 2014, we plan to have small- and medium-size LCDs account for 50% of production at the Kameyama No. 2 Plant, up from 20% in fiscal 2013. We also plan to increase the inch size of large-size LCD panels to the 70-, 80-, and 90-inch classes in fiscal 2014. For the full year, we forecast a profit increase resulting from an improved product mix.
Electronic Devices | (Billions of Yen) |
|
FY2012 |
FY2013 |
FY2014 |
Full Year |
1H |
|
2H |
Full Year |
|
Full Year Forecast |
|
3Q |
4Q |
Change
(Y on Y) |
Change
(Y on Y) |
Sales |
270.6 |
147.8 |
106.4 |
72.0 |
178.5 |
326.3 |
+20.6% |
450.0 |
+37.9% |
Operating Income
(margin) |
-15.5
(-5.7%) |
5.2
(3.5%) |
4.2
(4.0%) |
-6.1
(-8.6%) |
-1.9
(-1.1%) |
3.2
(1.0%) |
-
|
15.0
(3.3%) |
4.6-fold
|
Sales of Electronic Devices were up 20.6% over the previous year to 326.3 billion yen. We enjoyed robust sales of camera modules for mobile devices such as smartphones. Operating income was in the black for the full year at 3.2 billion yen, although the figure for the second half of the year was in the red due mainly to low sales of profitable models and LED device inventory disposals.
In fiscal 2014, we plan to offer customers further solution proposals involving combinations of LCDs and electronic devices. For the full year, we forecast increased sales and profits, thanks to factors including stronger sales of camera modules.