Net sales for the first half of the term ending March 2007 were 698.7 billion yen, an increase of 31.6 billion yen from the first half of last year. The major factors behind this result included foreign exchange gains of 25.4 billion yen driven by the weakened yen, and the increase in 3 internal-company sales of 5.9 billion yen.
For operating income, foreign exchange gains of 8.4 billion yen from the effects of the weak yen and cost cutting of 3.6 billion yen helped offset the worsened domestic/overseas sales volume & mix and higher R&D spending and overhead expenses. The final operating income figure was 18.1 billion yen, a slight gain of 0.7 billion yen compared to the same period last year. A more detailed explanation will follow.
Ordinary income, meanwhile, was 13.9 billion yen, edging up 0.4 billion yen from the first half of fiscal year ended March 2006. More details will also be mentioned on this later on.
As a result, net income for the first half was 11.6 billion yen, posting a gain of 3.6 billion yen.