Now I will describe the status of our progress in the measuring instruments business unit. This has been one of the factors in the solid performance of the Industrial Business to date in the current fiscal year.
Overall, sales in this unit have been growing steadily throughout the past nine months. Cumulative revenue achieved in these nine months has already exceeded the figure for the full preceding year. The factors in this include new investment in OLED displays in the light source color area. This has resulted in heightened new demand from multiple companies, mainly in Asia, so that revenue has doubled year on year. In particular, the acquisitions of Instrument Systems (IS) in Germany and Radiant Vision Systems in the US have made significant contributions and are expanding revenue. The object color area is also growing steadily, and revenue has grown almost 20% year on year.
Overall, sales in this unit have been growing steadily throughout the past nine months. Cumulative revenue achieved in these nine months has already exceeded the figure for the full preceding year. The factors in this include new investment in OLED displays in the light source color area. This has resulted in heightened new demand from multiple companies, mainly in Asia, so that revenue has doubled year on year. In particular, the acquisitions of Instrument Systems (IS) in Germany and Radiant Vision Systems in the US have made significant contributions and are expanding revenue. The object color area is also growing steadily, and revenue has grown almost 20% year on year.