Next, this slide provides an explanation on production print segment sales for the first quarter of the fiscal year ending in March 2013. Sales volumes grew 4% year on year and net sales grew 5% year on year, which may seem lower than the growth that was experienced in the past.
A slow start was anticipated in the sales plans for the first quarter of the fiscal year ending in March 2013 in reaction to the performance in the fourth quarter of the fiscal year ended in March 2012 and restrained purchases to allow purchase of the new products to be released at gdrupa 2012 Print Media Fair,h the largest trade show for the printing industry, which is held once every four years. Performance has been in line with this sales plan. As can be seen in the graphs to the left, monthly sales have increased every month, with sales growing to nearly the same level as the previous fiscal year in June.
We believe that it will be possible to leverage this momentum to increase sales in the second quarter.
A slow start was anticipated in the sales plans for the first quarter of the fiscal year ending in March 2013 in reaction to the performance in the fourth quarter of the fiscal year ended in March 2012 and restrained purchases to allow purchase of the new products to be released at gdrupa 2012 Print Media Fair,h the largest trade show for the printing industry, which is held once every four years. Performance has been in line with this sales plan. As can be seen in the graphs to the left, monthly sales have increased every month, with sales growing to nearly the same level as the previous fiscal year in June.
We believe that it will be possible to leverage this momentum to increase sales in the second quarter.