Net Sales Breakdown by Business Segment
Energy and Electric Systems
The social infrastructure systems business enjoyed increased orders compared with the previous fiscal year due to expansion in the domestic and overseas markets for electric equipment for rolling stock, power generation and power transmission/distribution. However, sales decreased from the previous fiscal year due to a decline in public works-related demand in Japan.
The building systems business experienced a year-on-year decrease in both orders and sales that was attributable to the global weakening of demand for elevators and escalators, as well as the postponement of major projects and other factors.
As a result, total sales in the Energy and Electric Systems segment decreased 1% from the previous fiscal year to ¥1,043.6 billion. Operating income increased by ¥6.0 billion year on year to ¥74.5 billion, due to expanded sales in the power generation-related business.
Turbine generators, hydraulic turbine generators, nuclear power plant equipment, motors, transformers, power electronics equipment, circuit breakers, gas insulated switches, switch control devices, surveillance-system control and security systems, large display devices, electrical equipment for locomotives and rolling stock, elevators, escalators, building security systems, particle beam treatment systems, and others
Industrial Automation Systems
The factory automation systems business suffered a decrease in both orders and sales from the previous fiscal year. This result is attributable to declines in demand, particularly from the second quarter of fiscal 2009, for industrial machinery in the global market and flat panel display-related products in South Korea and Taiwan, as well as for surface mounting system-related products in Japan.
The automotive equipment business saw a decrease in both orders and sales from the previous fiscal year, owing to a drastic slowdown in global demand from September 2008, despite robust production by Japanese multinational automotive manufacturers until the second quarter.
As a result, total sales for the Industrial Automation Systems segment decreased 16% year on year to ¥851.7 billion. Operating income also decreased, by ¥79.3 billion to ¥49.9 billion, mainly due to lower sales.
Programmable logic controllers, inverters, servomotors, human-machine interface, motors, hoists, magnetic switches, no-fuse circuit breakers, short-circuit breakers, transformers for electricity distribution, time and power meters, uninterruptible power supply, industrial sewing machines, computerized numerical controllers, electrical-discharge machines, laser processing machines, industrial robots, clutches, automotive electrical equipment, car electronics and car mechatronics, car multimedia, and others
Information and Communication Systems
The telecommunications equipment business saw a year-on-year decrease in both orders and sales due to the termination of the mobile handset business, despite increased orders and sales in the communications infrastructure systems business.
Sales in the information systems and services business increased year on year, buoyed by the expansion of the system integration, system operation services and other businesses.
Both orders and sales in the electronic systems business showed year-on-year growth, thanks to the winning of orders for the ST-2 commercial communications satellite and other favorable factors.
As a result, total sales in the Information and Communication Systems segment dropped 10% year on year to ¥582.1 billion. Operating income, on the other hand, increased by ¥22.5 billion year on year to ¥24.9 billion, primarily due to the positive effects of termination the mobile handset business.
Wireless and wired communications systems, surveillance cameras, satellite communications equipment, satellites, radar equipment, antennas, missile systems, fire control systems, broadcasting equipment, data transmission devices, network security systems, information systems equipment, systems integration, and others
Electronic Devices
The semiconductor business faced a year-on-year decrease in both orders and sales, affected by such negative factors as weakening demand for industrial power modules, as well as for laser diodes for DVD recorders and power amplifiers for domestic mobile handsets.
Sales in the liquid crystal business remained almost unchanged year on year, with a significant decrease in sales of industrial-use products offset by an increase in sales of consumer-use products.
As a result, total sales in the Electronic Devices segment declined 13% year on year to ¥167.0 billion. Operating income deteriorated ¥38.2 billion for a loss of ¥29.8 billion due to the sales decline, the recognition of a loss on impairment of long-lived assets and other negative factors.
Power modules, high-frequency devices, optical devices, LCD devices, microcomputers, system LSIs, and others
Home Appliances
Sales in the Home Appliances segment decreased 8% year on year to ¥915.7 billion. Increases in sales of photovoltaic power generation systems for overseas markets as well as air-to-water heat pump boilers for both the overseas and domestic markets were not able to offset declines in sales of air conditioners in certain European regions and ventilators in Japan.
Operating income also decreased year on year by ¥31.0 billion to ¥34.7 billion, primarily due to lower sales.
LCD televisions, projection TVs, display monitors, projectors, DVD players and recorders, room air conditioners, package air conditioners, air-to-water heat pump boilers, refrigerators, electric fans, ventilators, photovoltaic power generation systems, hot water supply systems, fluorescent lamps, indoor lighting, compressors, chillers, humidifiers, dehumidifiers, air purifiers, showcases, cleaners, microwave ovens, IH cooking heaters, and others
Others
Sales declined 10% compared with the previous fiscal year to ¥596.1 billion and consisted mainly of the results of companies affiliated with the Group involved in materials procurement and logistics. Operating income decreased ¥4.6 billion year on year to ¥12.3 billion owing to the lower level of sales.
Procurement, logistics, real estate, advertising, finance and other services
