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Looking at net sales by business segment, we saw sales in the automobile business fall by 69.7 billion yen, or 20.4%, year on year to total 272.5 billion yen due to declining sales volumes in the wake of the earthquake as well as foreign exchange losses due to the strong yen.
Aerospace Division sales were down 0.6 billion yen, or 3.5%, year on year to total 16.9 billion yen due to foreign exchange losses.
Industrial Products Division sales were up 0.7 billion yen, or 8.5%, year on year to reach 8.6 billion yen due to increased sales of power generators used for reconstruction efforts following the March 11 earthquake.
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