In the Industrial Business, lenses for industrial and professional use were hit by falling demand, a major measuring instruments order was postponed until the fourth quarter or beyond, and TAC film came under pricing pressure. In spite of our focus on high value-added products, revenue for the 9-month period fell 20% to 65.5 billion yen.
Although operating profit was affected by lower sales and falling prices, patent-related income was recorded, boosting profit by 9% year on year to 14.4 billion yen.
Although operating profit was affected by lower sales and falling prices, patent-related income was recorded, boosting profit by 9% year on year to 14.4 billion yen.