Here shows the difference between the forecast as of May and actual results for net sales and operating income by business segment for the first quarter.
Net sales of PT exceeded the forecast due to the recovery of the data center market from the bottom, and the robust sales for aircraft applications.
MLS sales exceeded expectations due to motors, mainly HDD motors and motors for automotive applications, but sales of electronic devices fell short of the forecast.
SE sales was above expectations, mainly in optical devices and mechanical components.
AS was above expectations in automotive devices.
Operating income for PT exceeded the forecast, mainly due to an improvement in production volume of ball bearings.
MLS exceeded the forecast thanks to mix improvement.
SE exceeded the forecast, partly due to the effect of increased sales.
AS was generally in line with the forecast.
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