FY2015 Financial Earnings Highlights
In FY2015, although Eye Care Company earnings were firm, earnings from the Positioning Company and Smart Infrastructure Company declined.
The Positioning Company recorded increased revenues of 5.6% year on year thanks to the addition of sales from newly acquired subsidiaries in Europe and the USA but income fell by 64.1% year on year due to a stagnant IT agriculture market and a decline in resource prices, among other factors.
While the net sales from the Smart Infrastructure Company grew in Asia, a slowdown in reconstruction demand in Japan resulted in a year on year decline that resulted in a small 2.7% year on year drop in sales. Operating income declined by 34.5%.
The Eye Care Company recorded net sales growth of 6.3% thanks to increased sales in the USA, Asia, and Japan but operating income declined by 4.8%.
*As of April 1, 2016, the names of the Smart Infrastructure Company and the Eye Care Company were changed to the Smart Infrastructure Business and the Eye Care Business, respectively.