Sales of mainstay products in the Business Technologies Business and the Healthcare Business were solid, but the negative impact of the stronger yen totaled 7.5 billion yen and 62.7 billion yen for the quarter and the first nine months, respectively, leading to lower revenue in both areas. However, excluding FOREX effects, each posted a growth in revenue of 3%.
Operating profit for the quarter rose by 19% to 15.9 billion yen. One of the management measures we are working on is optimizing the value of intellectual property. During the third quarter, patent-related income of 7.8 billion yen was posted, leading to a significant increase in profit. Moreover, although this patent-related income was a one-off factor, even excluding the effects of this income and of FOREX, profit grew on both a 3-month and a 9-month basis.
In the Business Technologies Business, growth in hybrid-type sales, which combine MFPs for office use and IT services, in addition to our efforts to drive the shift to mid- and high-speed color models, resulted in an increase in sales of high-end products. After excluding FOREX effects, revenue and profit each increased on both a 3-month and a 9-month basis. In the Industrial Business, mainstay products recorded a decline in revenue due to lower sales, but higher profit was achieved due to the posting of patent-related income.
Operating profit for the quarter rose by 19% to 15.9 billion yen. One of the management measures we are working on is optimizing the value of intellectual property. During the third quarter, patent-related income of 7.8 billion yen was posted, leading to a significant increase in profit. Moreover, although this patent-related income was a one-off factor, even excluding the effects of this income and of FOREX, profit grew on both a 3-month and a 9-month basis.
In the Business Technologies Business, growth in hybrid-type sales, which combine MFPs for office use and IT services, in addition to our efforts to drive the shift to mid- and high-speed color models, resulted in an increase in sales of high-end products. After excluding FOREX effects, revenue and profit each increased on both a 3-month and a 9-month basis. In the Industrial Business, mainstay products recorded a decline in revenue due to lower sales, but higher profit was achieved due to the posting of patent-related income.