Imaging Solutions (Fiscal Year 2007 Earnings)

The Company achieved a rise in color paper sales that reflected higher market share and other factors, but sales of color films and digital minilabs decreased. As a result, consolidated revenue in this segment amounted to ¥605.4 billion, down 12.2% compared with the previous fiscal year.

Operating income in this segment decreased to ¥42.6 billion, affected by the recording of ¥60.1 billion in structural reform charges. However, excluding this impact, pro-forma operating income grew considerably, to ¥17.5 billion, up ¥15.8 billion from the previous fiscal year.

This was largely because the Company was able to offset the negative impact of the surge in the prices of raw materials by increasing the color paper sales volume and improving fixed costs thanks to the implementation of structural reform measures. The progressive depreciation of the yen against the dollar and the euro had a further positive effect.

• Fiscal Year 2008 (April 1, 2007 - March 31, 2008)
• Fiscal Year 2007 (April 1, 2006 - March 31, 2007)
• Fiscal Year 2006 (April 1, 2005 - March 31, 2006)
• Fiscal Year 2005 (April 1, 2004 - March 31, 2005)