Decreased sales and Increased profit. Appreciation of the yen compared to last year caused reduced net sales but sales increased by volume in each region, resulting in a substantial increase in revenues of 6.4% when excluding the impact of foreign currency.
Operating income increased by 8.5% even including foreign currency effects due to increased profit from increase in sales on a volume basis and cost reduction and fixed costs reduction measures.
ROE was 7.4%. The Annual dividend was 16 yen. We are forecasting a increase diviends to 20yen in 2017.
*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.