The growth rate excluding foreign exchange effects was 9% in net sales and 37% in operating income.
On this slide, you can see the operating income analysis. An increase in expenses as we transform our business portfolio was covered by sales volume gains and cost reductions, while we also further benefited from foreign exchange effects with the weak yen, driving the significant profit growth.
On this slide, you can see the operating income analysis. An increase in expenses as we transform our business portfolio was covered by sales volume gains and cost reductions, while we also further benefited from foreign exchange effects with the weak yen, driving the significant profit growth.