Presentation Transcripts

Latest Update : May 25, 2016

Back to Financial Results (FY3/2016)

Investor Meeting Presentation for FY 3/2016 held on May 10, 2016

Table of Contents

For the fourth quarter of the fiscal year ended March 31, 2016, net sales totaled 135,599 million yen, down 2.2% from the same period last year and down 24.1% from the previous quarter. Operating income, which totaled 8,536 million yen, was down 47.5% from the same period last year and 44.9% below what it was the previous quarter. Net income at 6,802 million yen was down 23.6% from the same period last year and down 42.5% from the previous quarter. The main reasons for the decline were the usual seasonal downswing in addition to a reduction in LED backlight shipment volume caused by cutbacks in production by our smartphone customers.
The impact of foreign exchange rates on net sales resulted in an estimated loss of 2.1 billion yen year on year and 2.9 billion yen quarter on quarter due to the strength of the yen against other currencies. Foreign exchange rates also resulted in an operating income gain of 2.7 billion yen year on year but a loss of 0.3 billion yen quarter on quarter due mainly to the positive impact of the weaker Thai baht and Chinese renminbi against the U.S. dollar.

5page (total 36pages)

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