Consolidated net sales for the third quarter of the fiscal year ending March 31, 2024, was up 2.6% year on year and up 0.4% quarter on quarter to total 381,207 million yen.
Operating income down 5.8% year on year and up 13.7% quarter on quarter to total 24,027 million yen. Profit for the period attributable to owners of the parent up 20.2% year on year and down 7.7% quarter on quarter to total 14,754 million yen.
Net sales hit a quarterly record high.
We estimate that foreign currency translations have a quarter-on-quarter impact of plus 12.3 billion yen and year-on-year impact of 13.1 billion yen in net sales, and quarter-on-quarter impact of plus 2.6 billion yen and year-on-year impact of 0.4 billion yen in operating income.
We made slight retrospective changes to last fiscal year's and 1Q and 2Q of this fiscal year financial statements due to the PPA for HONDA TSUSHIN KOGYO and Minebea Connect. Please note that the figures on the following pages are revised figures.
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