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Latest Update : Feb.22, 2024

Back to Financial Results (FY3/2024)

Investor Conference Call for 3Q FY 3/2024 held on February 2, 2024

Here shows the difference between the forecast as of November and actual results for net sales and operating income by business segment for the third quarter.

Net sales of PT exceeded expectations due to solid growth in automobile and aircraft applications, although sales to data centers remained sluggish.
MLS sales exceeded expectations, mainly in motors for automotive applications and the electronic devices.
SE sales was below expectations, mainly in 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 utilization.
MLS was broadly in line with expectations, mainly due to strong sales of motors for automotive applications and electronic devices.
SE was lower than expected mainly in optical devices.
AS exceeded expectations due to factors such as price corrections and productivity improvement.

4page (total 35pages)

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