Advanced Ceramics / Ceramic Industry News

Kyocera 2012 Net Sales Down 6%

May 2, 2012
/ Print / Reprints /
ShareMore
/ Text Size+

Kyocera Corp. recently released its consolidated financial results for the fiscal year ended March 31, 2012. Consolidated net sales for fiscal 2012 decreased by ¥76,054 million (~ $938,000), or 6.0%, to ¥1,190,870 million (~ $14,690 million), compared with ¥1,266,924 million (~ $15,628 million) for fiscal 2011, reportedly due primarily to a decline in component demand for digital consumer equipment and a decrease in sales in the Telecommunications Equipment Group, in addition to the impact of the yen’s appreciation.

Profit from operations decreased by ¥50,349 million (~ $621,082), or 32.3%, to ¥105,575 million (~ $1,302 million), compared with ¥155,924 million (~ $1,923 million) for fiscal 2011. In addition, income before income taxes decreased by ¥49,539 million (~ $611,090), or 28.7%, to ¥122,793 million (~ $1,514 million), compared with ¥172,332 million (~ $2,125 million) for fiscal 2011.

“Although this fiscal year was characterized by a difficult business environment, we nevertheless made strategic efforts through merger and acquisition to enhance the future growth prospects of the Kyocera Group,” said Tetsuo Kuba, president. “In July 2011, we added the Denmark-based industrial cutting tools manufacturer Unimerco Group A/S as a wholly owned subsidiary, as well as the Japan-based LCD manufacturer Optrex Corporation in February of this year. These acquisitions will allow us to further expand our sales networks and enhance our business in each respective market.”

For additional information, visit http://global.kyocera.com.

Did you enjoy this article? Click here to subscribe to Ceramic Industry Magazine.

You must login or register in order to post a comment.

Multimedia

Videos

Image Galleries

June 2014 Issue Highlights

Our June 2014 issue is now available!

Podcasts

Manufacturing Day 2014

Manufacturing Day organizers share their insights with Managing Editor Kelsey Seidler.

More Podcasts

Ceramic Industry Magazine

CI September 2014 cover

2014 September

You won't want to miss the CI Top 10, traditionally our most popular article of the year!

Table Of Contents Subscribe

THE CERAMIC INDUSTRY STORE

M:\General Shared\__AEC Store Katie Z\AEC Store\Images\Ceramics Industry\handbook of advanced ceramics.gif
Handbook of Advanced Ceramics Machining

Ceramics, with their unique properties and diverse applications, hold the potential to revolutionize many industries, including automotive and semiconductors.

More Products

Clear Seas Research

Clear Seas ResearchWith access to over one million professionals and more than 60 industry-specific publications,Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.

Directories

CI Data Book July 2012

Ceramic Industry's Directories including Components, Equipment Digest, Services, Data Book & Buyers Guide, Materials Handbook and much more!

STAY CONNECTED

facebook_40px twitter_40px  youtube_40pxlinkedin_40google+ icon 40px