Now let's look at the MLS segment.
Net sales increased 5.6% quarter on quarter to total 92.7 billion yen.
Looking at the results by product, we see that sales of motors increased 4.1% quarter on quarter to reach 69.1 billion yen. This is mainly due to solid sales, particularly of motors for automotive applications.
Sales of electronic devices were up 3.7% from the previous quarter to total 13.1 billion yen.
Sales of sensing device, totaling 9.5 billion yen, were up 18.1% from the previous quarter.
Operating income came to 3.6 billion yen, and the operating margin was 3.9%.
On a quarter on quarter basis, operating income doubled, and the operating margin increased 1.8 percentage points.
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