2nd Quarter/FY2016 ending in March 2017 Consolidated Financial Results
8/20 Industrial Business: Performance Material
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Next, we will look at the Performance Materials Business. As I mentioned at the beginning of this presentation, sales in the TAC film business bottomed out during the first quarter at 9.5 billion yen, recovering to 11.9 billion yen in the second quarter. While there were several major reasons for this, one was the orders received mainly in China for ZeroTAC for large screen TV IPS panels. In addition, one of our competitive strengths is the creation of optical ultra-thin film for mid- to small-sized panels. This was the second reason for growth. The third reason for the increase in margin on sales in a manner different from the second half of the previous fiscal year was strong sales of QWP film, which allows users to see the exact colors of images on displays even through sunglasses. We believe that these trends will also lead to results going into the second half. We will work to regain market share with ultra-thin film, QWP film, and new VA film.
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