Consolidated Financial Results

Billions of yen
  FY2008
(Apr. '07-Mar. '08)
FY2009
(Apr. '08-Mar. '09)
Change
Amount %
Revenue 100.0% 2,846.8 100.0% 2,434.3 (412.5) (14.5)
Proforma Operating Income 8.5% 240.3 2.9% 70.8 (169.5) (70.6)
Structural Reform expenses   33.0   33.5 +0.5 No data
Operating Income 7.3% 207.3 1.5% 37.3 (170.0) (82.0)
Income Before Income Taxes 7.0% 199.3 0.4% 9.4 (189.9) (95.3)
Net Income 3.7% 104.4 0.4% 10.5 (93.9) (89.9)
Earnings per Share ¥205.43 ¥21.10 ¥(184.33)
Cash dividends per Share ¥35 ¥30(Plan)  
Exchange Rate: US$ ¥115 ¥101 ¥(14)
Euro ¥162 ¥145 ¥(17)

Revenue

The Company's consolidated revenue declined to ¥2,434.3 billion, or 14.5% below the level in the previous fiscal year.

The main factors behind the revenue decline were the sharp appreciation of the yen and a decrease in the Imaging Solutions segment's sales of such products as color films and digital cameras. Moreover, while Information Solutions and Document Solutions segment sales were smooth during the first half of the fiscal year, the sales of those segments dropped greatly due to the impact of the economic crisis since September.

Operating Income

Consolidated operating income totaled ¥37.3 billion, down 82.0% from the previous fiscal year.

Of the ¥170.0 billion fall in operating income, we estimate that ¥87.9 billion was due to the impact of lower sales, ¥33.1 billion was a consequence of the appreciation of the yen, and ¥33.5 billion was associated with structural reform expenses. While operating income was ¥7.3 billion higher than the projection announced in January, it was more than 80% below the level recorded in the previous fiscal year.

Consolidated financial statements are prepared in accordance with accounting principles generally accepted in the United States of America.

Archives (FY2008 - FY2005)