The March 2014 consolidated financial results show higher sales and substantially increased profit. The core Business Technologies Business was the main driver of these results.
Net income was up sharply. Reorganization of the Groupfs management system led to a review of deferred tax assets, yielding a tax effect of ¥12.2 billion. On the other hand, the Group took an extraordinary loss of ¥28.4 billion, one reason being our withdrawal from the glass substrates for HDDs business.
Net income was up sharply. Reorganization of the Groupfs management system led to a review of deferred tax assets, yielding a tax effect of ¥12.2 billion. On the other hand, the Group took an extraordinary loss of ¥28.4 billion, one reason being our withdrawal from the glass substrates for HDDs business.