Revenue in the Business Technologies Business grew by 12%. In the commercial and industrial printing field, the so-called production print and MPM (marketing print management) business saw revenue increase by 24%.
In the Healthcare Business, conditions in the domestic market were unusually difficult in the previous year, but in 1Q this year the operations returned to growth mode and revenue increased by 11%.
Revenue in the Industrial Business fell year on year by 6% with Performance Materials being especially weak and declining 10%. This was because in 1Q of the previous year there was a one-time surge in demand for TAC film related to notebook PC sales caused by the withdrawal of support for Windows XP. This created a difficult year-on-year comparison and revenue decreased this year as a result. This quarter's revenue was higher than in 3Q and 4Q of the previous fiscal year.
As for operating profit, Business Technologies Business rose by 3% but this figure includes the negative impact of the exchange rate and, if this were excluded, the increase in profit would have been 11%.
The Healthcare Business returned to profit, albeit a very small one.
The Industrial Business saw profits fall by ¥2 billion, but as shown in the chart on p.3, the actual decline due to business factors was ¥700 million. The majority of the ¥1.5 billion in gains on sales of assets related to the withdrawal of the glass substrate for HDDs business the previous year affected this segment and was a major factor in the decline in profits this quarter.
Corporate, etc. worsened by ¥2.7 billion, ¥2 billion of which consisted of structural reform (special early retirement) expenses, while gains on sales of company housing and dormitories of ¥400 million posted the previous year did not recur this year, leading to a total of ¥2.4 billion in special factors.
In the Healthcare Business, conditions in the domestic market were unusually difficult in the previous year, but in 1Q this year the operations returned to growth mode and revenue increased by 11%.
Revenue in the Industrial Business fell year on year by 6% with Performance Materials being especially weak and declining 10%. This was because in 1Q of the previous year there was a one-time surge in demand for TAC film related to notebook PC sales caused by the withdrawal of support for Windows XP. This created a difficult year-on-year comparison and revenue decreased this year as a result. This quarter's revenue was higher than in 3Q and 4Q of the previous fiscal year.
As for operating profit, Business Technologies Business rose by 3% but this figure includes the negative impact of the exchange rate and, if this were excluded, the increase in profit would have been 11%.
The Healthcare Business returned to profit, albeit a very small one.
The Industrial Business saw profits fall by ¥2 billion, but as shown in the chart on p.3, the actual decline due to business factors was ¥700 million. The majority of the ¥1.5 billion in gains on sales of assets related to the withdrawal of the glass substrate for HDDs business the previous year affected this segment and was a major factor in the decline in profits this quarter.
Corporate, etc. worsened by ¥2.7 billion, ¥2 billion of which consisted of structural reform (special early retirement) expenses, while gains on sales of company housing and dormitories of ¥400 million posted the previous year did not recur this year, leading to a total of ¥2.4 billion in special factors.