Let's look at the performance for the MITSUMI business segment.
Please note that we have included HONDA TSUSHIN KOGYO CO., LTD. in the scope of consolidation since September 16, 2022.
Net sales increased 58.2% quarter on quarter to total 137.4 billion yen. As seasonal demand picked up so did sales of optical devices and mechanical components, while sales of semiconductors also remained upbeat.
Operating income totaled 15.7 billion yen while the operating margin was 11.4%. Operating income increased 71.7% and the operating margin rose 0.9 percentage points quarter on quarter. This is mainly due to an increase in sales with seasonality.