This slide shows the revised forecasts for this fiscal year.
We expect sales and profits for this fiscal year are set reach new record highs following last year's.
In the first half, net sales hit a record high for a fiscal half, and operating income hit a fiscal first half record high, although profits slightly missed our plan numbers. In light of these results, and after reconsidering the fiscal second half forecast, we revised our full year forecast from July one.
In the second half, we expect higher sales and profits in the LED backlight business due to the seasonal demand uptick, especially for the new LED backlights with more functions that are being used in high-end smartphones. The external shipment volume of ball bearings is expected to be high. We also expect continued good performance of measuring components and improved profitability in motors.
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