Here shows the difference between the forecast as of August and actual results for net sales and operating income by business segment for the first quarter.
Net sales of PT exceeded the forecast for the ball bearings and pivot assemblies due to the recovery of the data center market, and the robust sales for aircraft applications.
MLS sales exceeded expectations for the 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 mechanical components and optical devices.
AS was above expectations in the U.S. market and other markets but below expectations for Chinese market.
Operating income for PT exceeded the forecast, mainly thanks to an improvement in production volume of ball bearings.
MLS was fairly inline with the expectations.
SE fell short of expectations for mechanical components and optical devices.
AS was below expectations.
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