Kyocera reports earnings
Kyocera, aka Kyoto Ceramic Company, reported net sales down 4.5% to 1,526 billion yen for the year
o Operating profit down 29.5% to 70.6 billion yen
o Net profit was down 16.3% to 90.2 billion yen
- Document Solutions Group (MFPs and printers) division total sales down 12.1% to 316.2 billion yen
o Business profit down 16.6% to 28.7 billion yen
o Last quarter’s sales revenue down from 92.3 billion yen to 90.1 billion yen
Business profit of 10.4 billion, up from 6.9 billion yen YoY