May 23, 2016,15:30 +0900(JST) FY 2015 Business Results
On May 13, we announced to the public our FY 2015 business results.
Our business results on a consolidated basis for FY 2015 were as follows: net sales of 2,933.1 billion yen; operating income of 143.5 billion yen; and ordinary income of 165.7 billion yen, with all the figures showing an increase from the previous fiscal year. Net sales, up 110.3 billion yen from the previous fiscal year, marked a record high for the second consecutive fiscal year. Meanwhile, net income attributable to owners of the parent decreased to 91 billion yen from FY 2014, when extraordinary profit was generated by the sale of our shares in Sumitomo 3M (currently 3M Japan). Although all the net sales, operating income, and ordinary income fell short of the announced forecasts, net income attributable to owners of the parent exceeded the forecast figure. This is largely thanks to your generous support, and I would like to express my deep appreciation to you all.
We announced our forecasts for FY 2016 consolidated results as follows: net sales of 2,950 billion yen; operating income of 160 billion yen; ordinary income of 185 billion yen; and net income of 100 billion yen.
It is less than two years before the deadline that we set under our mid-term business plan VISION 2017 to accomplish the targets including net sales of 3,300 billion yen and operating income of 200 billion yen. Our forecast figures for this fiscal year serve as a milestone toward the accomplishment of the targets.
Meanwhile, looking at the economic situation since the beginning of this year, I feel that although the economy was on a gradual recovery trend before, the uncertainty over the future is now evidently increasing due to a wide variety of risk factors. With this backdrop, I have disseminated to employees my message saying that nothing is more important than to vigorously promote improvement in terms of SEQCDD (Safety, Environment, Quality, Cost, Delivery, and Research and Development), which underpins the operations of manufacturers, and to establish an even more robust corporate structure to enable us to withstand environmental changes.
We look forward to again receiving your continued support this fiscal year.
【FY 2015 Business Results】
(Millions of Yen)
|Profit Attributable to Owners of the Parent||119,771||91,001||▲28,770|
【Forecasts for FY 2016 Business Results】
(Millions of Yen)
|Net Sales||Operating Income||Ordinary Income||Profit Attributable to Owners of the Parent|