Here shows the difference between the forecast as of August and actual results for net sales and operating income by business segment for the second quarter.
Net sales of PT were broadly in line with expectations due to solid growth in aircraft applications, although sales to data centers remained sluggish.
MLS sales were below expectations due to slowdowns in data center and non-automotive motors.
SE exceeded expectations, mainly in mechanical components and optical devices.
AS sales exceeded expectations due to a recovery in automotive production.
Operating income for PT was lower than expected due to a deteriorating product mix resulting from a slowdown in data center applications.
MLS exceeded expectations, mainly due to strong sales of motors for automotive applications, although the performance varied between each product.
SE exceeded expectations, particularly for mechanical components. AS was below expectations due to factors such as some price corrections.
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