The full-year results for fiscal year 2016 were affected by the rise of the yen against both the dollar and the euro. The impact on revenue was a reduction of ¥91.8 billion and on operating profit a reduction of ¥19.6 billion. As a result, both revenue and profit fell. With the forex impact excluded, however, both revenue and profit effectively grew.
Full-year revenue for FY2016 was ¥962.6 billion, which was down 7% year on year. However, when the forex impact is excluded, profit effectively shows growth by ¥22.7 billion, a 2% increase. Operating profit of ¥50.1 billion is down 17% year on year. With the forex impact excluded, however, the figure effectively achieves a rise of ¥9.7 billion, a 16% increase. Even when the special factor of patent-related income of ¥7.8 billion posted in the third quarter is excluded, the results show that a profit increase was secured.
Meanwhile, results for the fourth quarter from January through March, with the forex excluded, came in at broadly the same level as in the previous year.
Full-year revenue for FY2016 was ¥962.6 billion, which was down 7% year on year. However, when the forex impact is excluded, profit effectively shows growth by ¥22.7 billion, a 2% increase. Operating profit of ¥50.1 billion is down 17% year on year. With the forex impact excluded, however, the figure effectively achieves a rise of ¥9.7 billion, a 16% increase. Even when the special factor of patent-related income of ¥7.8 billion posted in the third quarter is excluded, the results show that a profit increase was secured.
Meanwhile, results for the fourth quarter from January through March, with the forex excluded, came in at broadly the same level as in the previous year.