2017_4q_fpco_e
2/34 - Financial Results Summary
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00:00:13.5
Let me begin with a brief outline of our financial results. Sales stood at 172,800 million yen, up 1.5% year on year and at a record high. Sales of our manufacturing products amounted to 127,900 million yen, up 1.3% year on year. The number of products shipped was 103.1% of the level from a year ago. There is one point to note with respect to sales. The number of products shipped was at the 103% level of a year ago in the first to third quarters. For the fourth quarter, we reached the same level if the impact of the fact that the previous year was a leap year is disregarded. Sales of original products accounted for 53%, up 6 percentage points year on year. Meanwhile, sales were 3,100 million yen short of the plan. This was due to the incorporation of lower material prices in product prices, which was worth 2,350 million yen, and to the revision of unprofitable transactions. Ordinary income stood at 15,742 million yen, up 12.2% year on year, hitting a record high. The ordinary income margin was 9.1%, up 0.9 percentage points year on year. With respect to income, it is notable that operating income for the first three quarters was up 20% year on year, and that for the fourth quarter it was down 12% year on year. This was due to soaring material prices in the fourth quarter. On May 8, we announced an upward revision to the prices of our products.
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