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) |
| |
FY2013 |
FY2014 |
| |
Full Year |
|
Full Year Forecast |
|
| 1Q |
1Q |
Change
(Y on Y) |
Change
(Y on Y) |
| Sales |
158.9 |
733.3 |
168.6 |
+6.1% |
780.0 |
+6.4% |
| |
LCD TVs |
Amt |
80.3 |
413.8 |
85.7 |
+6.7% |
440.0 |
+6.3% |
| Unit |
1.56 |
7.81 |
1.73 |
+11.0% |
8.20 |
+4.9% |
| Mobile Phones |
Amt |
50.2 |
205.5 |
49.6 |
-1.2% |
220.0 |
+7.0% |
| Unit |
1.31 |
5.51 |
1.23 |
-5.7% |
6.30 |
+14.3% |
Operating Income
(margin) |
-1.3
(-0.9%) |
12.8
(1.8%) |
2.6
(1.6%) |
-
|
20.0
(2.6%) |
+55.8%
|
Sales of Digital Information Equipment were up 6.1% to 168.6 billion yen compared with the same period last year. Operating income turned to a profit of 2.6 billion yen, an improvement of 3.9 billion yen from a loss of 1.3 billion yen.
LCD TVs
Sales of LCD TVs exceeded the same period last year, primarily because sales in China and other overseas markets increased, although domestic figures were lower than the same period last year.
In order to boost sales of this product, we will strengthen sales activities in priority areas such as emerging countries, and extend our lineup of large-size models such as Quattron Pro and 4K2K.
Mobile phones
We sold less units and recorded lower amounts of mobile phones than the same period last year, but sales increased in the communication system business as a whole, such as with tablet terminals, which showed growth in sales.
We will proceed with efforts to increase market share in Japan by expanding our lineup of models equipped with IGZO LCDs featuring high-definition and low power consumption.
Health and Environmental Equipment | (Billions of Yen) |
| |
FY2013 |
FY2014 |
| |
Full Year |
|
Full Year Forecast |
|
| 1Q |
1Q |
Change
(Y on Y) |
Change
(Y on Y) |
| Sales |
82.3 |
326.8 |
82.1 |
-0.3% |
360.0 |
+10.1% |
Operating Income
(margin) |
6.4
(7.8%) |
21.0
(6.4%) |
3.1
(3.9%) |
-50.7%
|
19.0
(5.3%) |
-9.6%
|
Sales of Health and Environmental Equipment were 82.1 billion yen, on par with the same period last year. This was mainly because sales of refrigerators and washing machines grew, despite a backlash from the last-minute demand following the revision in consumption tax in Japan. Operating income was down 50.7% to 3.1 billion yen compared with the same period last year, because of deteriorated profitability of imported products due to the yen depreciation.
We will expand the business by enhancing sales structure and progressing local production for local consumption centered on ASEAN, while at the same time working to create new category products.
Energy Solutions | (Billions of Yen) |
| Note: | Effective from the three months ended June 30, 2014, the name of product group was changed from "Solar Cells" to "Energy Solutions." |
|---|
|
FY2013 |
FY2014 |
|
FY2014 |
| |
Full Year |
|
Revised
Full Year
Forecast |
|
Previous Full Year Forecast |
| 1Q |
1Q |
Change
(Y on Y) |
Change
(Y on Y) |
| Sales |
84.3 |
439.0 |
69.0 |
-18.1% |
290.0 |
-33.9% |
290.0 |
Operating Income
(margin) |
6.8
(8.1%) |
32.4
(7.4%) |
0.1
(0.3%) |
-97.3%
|
3.0
(1.0%) |
-90.7%
|
-5.0
(-1.7%) |
Sales of Energy Solutions were down by 18.1% over the same period last year to 69.0 billion yen, and operating income was 180 million yen, a significant drop from 6.8 billion yen. This was the result of factors such as a reduction in the number of projects in the overseas developer businesses and fewer sales of residential solar cells in Japan.
Tough conditions are expected to continue into this year, however we will make every endeavor to improve profitability by strengthening the solution business and consistently implementing structural reform in Europe.
Based on current business conditions and future outlook, we revised the full year forecast.
Business Solutions | (Billions of Yen) |
| |
FY2013 |
FY2014 |
| |
Full Year |
|
Full Year Forecast |
|
| 1Q |
1Q |
Change
(Y on Y) |
Change
(Y on Y) |
| Sales |
77.6 |
318.8 |
79.2 |
+2.1% |
340.0 |
+6.6% |
Operating Income
(margin) |
7.5
(9.8%) |
30.5
(9.6%) |
7.7
(9.8%) |
+1.8%
|
26.0
(7.6%) |
-14.9%
|
Sales of Business Solutions were up 2.1% over the same period last year to 79.2 billion yen, and the operating income was up 1.8% to 7.7 billion yen. This was because sales of color MFPs increased in the overseas markets, and information displays also had favorable results in Japan and overseas.
We will continue to expand this business by enhancing solutions and services centered on MFPs and distinctive displays that embody our strengths.
| |
FY2013 |
FY2014 |
| |
Full Year |
|
Full Year Forecast |
|
| 1Q |
1Q |
Change
(Y on Y) |
Change
(Y on Y) |
| Sales |
193.8 |
991.0 |
206.9 |
+6.8% |
1,000.0 |
+0.9% |
Operating Income
(margin) |
-9.5
(-4.9%) |
41.5
(4.2%) |
2.1
(1.0%) |
-
|
55.0
(5.5%) |
+32.2%
|
Sales of LCDs were up 6.8% over the same period last year to 206.9 billion yen. This is because small- and medium-size LCDs for smartphones and other devices increased, although large-size LCDs for TVs and other applications were down over the same period last year. Operating income improved 11.6 billion yen to 2.1 billion yen from a loss of 9.5 billion yen in the same period last year, thanks mainly to an increase in sales ratio of small- and medium-size LCDs.
We will continue to focus on future market trends and the state of demand by each client, while developing new customers and increasing business with major clients. We believe that this will enable us to increase sales and reduce earning volatility.
Electronic Devices | (Billions of Yen) |
|
FY2013 |
FY2014 |
|
FY2014 |
| |
Full Year |
|
Revised
Full Year
Forecast |
|
Previous Full Year Forecast |
| 1Q |
1Q |
Change
(Y on Y) |
Change
(Y on Y) |
| Sales |
61.2 |
326.3 |
58.9 |
-3.8% |
430.0 |
+31.7% |
450.0 |
Operating Income
(margin) |
0.1
(0.2%) |
3.2
(1.0%) |
-3.5
(-5.9%) |
-
|
7.0
(1.6%) |
2.1-fold
|
15.0
(3.3%) |
Sales of Electronic Devices were down 3.8% over the same period last year to 58.9 billion yen due to a reduction in sales of LEDs and ICs for major clients, despite a growth in camera modules for mobile devices. Operating loss was 3.5 billion yen due to price competition of camera modules and low sales ratio of profitable models and customers.
We will work on improving profitability by strengthening sales of distinctive devices such as high-performance camera modules and touchscreen systems for smartphones and tablet terminals.
Based on current business conditions and future outlook, we revised the full year forecast.