2015_4q_fpco_E
3/29 -Increase/Decrease in Ordinary Income (Results for the fiscal year ended March 2015)
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00:01:55.0
I will now explain the factors that contributed to changes in ordinary income from the fiscal year ended March 31, 2014. Although there were cost increases largely due to a rise in material costs, increased electricity expenses and capital investments, we worked to expand sales of our original products and new products and to improve productivity, and, as a result, ordinary income for the fiscal year ended March 31, 2015 rose 52 million yen year on year. Ordinary income fell short of the projected number by 1,000 million yen This is mainly attributable to a slower-than-expected improvement in profitability, as the number of products sold during the first nine months fell short of the target, and a temporary increase in costs necessary for development of the Hachioji Distribution Center and other facilities as a measure to deal with the busy season at the end of the year.
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