Net sales of 1,058.7 billion yen for 9 months of the fiscal year ending March 2007 saw an increase of 19.2 billion over the same period of last fiscal year as a result of deteriorated sales volume and mix offset by a foreign exchange gain of 33.8 billion yen and an 11.6 billion yen increase in sales volume by three non-automotive companies.
Operating income fell by 1.8 billion yen to 35.8 billion yen as foreign exchange gains, material cost reductions and expense cuts could not cover the deterioration of domestic & overseas sales volume & mix and an increase in R&D costs. More details will be explained later.
Ordinary income went down by 1 billion yen to 30.2 billion yen compared to the same period of last fiscal year.
Net income reached 24.7 billion yen, an increase of 11.9 billion yen resulting from not having the extraordinary losses that occurred during the same period last year.