Net Sales Breakdown by Business Segment
Energy and Electric Systems
In the fiscal year under review, sales and orders in the social infrastructure systems business increased compared with the previous fiscal year. This growth was attributable to expansion in the domestic and overseas electric equipment for rolling stock business, growth in the power generation business in Japan and an upswing in power transmission/distribution business overseas.
The building systems business also experienced year-on-year order and sales growth. Despite revisions to the Building Standards Law in Japan, which led to a drop in construction starts, this growth was attributable to an increase in orders for elevators and escalators from the retail industry and railroad companies as well as order growth in China, the Middle East and India.
As a result, total sales in the Energy and Electric Systems segment climbed by 11% compared with the previous fiscal year, to ¥1,057.9 billion. Operating income increased by ¥19.3 billion year on year to ¥68.6 billion, chiefly due to sales growth.
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 saw year-on-year growth in both orders and sales owing to robust demand for industrial machinery in Japan. From the second half of the fiscal year ended March 31, 2008, results were also boosted by increased capital investment in overseas markets, including China in addition to Taiwan and Korea, both of which recorded higher flatpanel display-related expenditure.
Spurred by strong global production by Japanese automobile manufacturers, automotive equipment business orders and sales exceeded levels recorded in the previous fiscal year.
Reflecting these factors, total sales in the Industrial Automation Systems business rose by 6% year on year to ¥1,017.5 billion. Operating income increased by ¥3.0 billion compared with the previous fiscal year to ¥129.3 billion, chiefly due to sales growth.
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
In the telecommunications equipment business, orders and sales fell compared with the previous fiscal year, due to a decrease in mobile handsets. Sales in the information systems and services business, on the other hand, increased year on year owing to growth in the systems integration business.
While orders declined compared with the previous fiscal year, sales in the electronic systems business improved year on year reflecting growth in the electronics business.
As a result, total sales in the Information and Communication Systems segment decreased by 6% from the previous fiscal year, to ¥644.4 billion. Operating income also declined by ¥18.5 billion year on year to ¥2.4 billion.
Wireless communications equipment, mobile handsets, cable 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
In the fiscal year under review, orders and sales in the semiconductor business increased year on year. This was attributable to steady growth in power modules both for industrial and consumer use, consisting primarily of components for air conditioners, as well as red laser diodes for DVD recorders and other products.
Orders and sales in the liquid crystal business declined year on year owing to the drop in demand for consumer-use products.
As a result, total sales in the Electronic Devices segment edged up by 3% compared with the previous fiscal year, to ¥192.1 billion. Operating income decreased by ¥2.3 billion year on year to ¥9.8 billion, reflecting the decline in LCD sale prices.
Power modules, high-frequency devices, optical devices, LCD devices, printed circuit boards, microcomputers, system LSIs, and others.
Home Appliances
Sales in the home appliances business increased by 8% year on year to ¥1,000.3 billion mainly owing to stronger overseas sales of air conditioners and solar power generation systems as well as the domestic sales growth of electric hot water heaters.
Operating income climbed by ¥30.8 billion from the previous fiscal year to ¥67.5 billion as a result of the increase in sales and other factors.
Color televisions, projection TVs, display monitors, projectors, DVD players and recorders, room air conditioners, package air conditioners, refrigerators, electric fans, washing machines, ventilators, solar 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 rose by 5% compared with the previous fiscal year to ¥660.8 billion, supported mainly by stronger sales in material procurement, logistics and other affiliated companies. Operating income climbed by ¥1.8 billion year on year to ¥16.9 billion.
Procurement, logistics, real estate, advertising, finance and other services.