With the sale of all shares of Daiichi Kasei Holdings on March 31, 2015, the importance of the plastics business declined for Advanex. As a result, the Company opted to merge its plastics business with the precision-spring business beginning in FY2016. Also beginning in FY2016, the Advanex Group strengthened its regional management systems, including important overseas operations, so the Company began reporting region-by-region results as segment results at this time. In FY2015 1H, the operations of Daiichi Kasei Holdings comprised a significant portion of the operations of the Advanex Group in Asia including Japan, but were not included in Group operations in North America and Europe. For this reason revenues and earnings were strongly adversely affected by this development in Asia, but not in North America and Europe, so comparisons are made on the same basis as in previous periods.

Japan
With the majority of the Advanex Group's plastics business now excluded from the consolidated accounts, H1 revenues and earnings declined YoY, as operations in Japan turned in a net loss of ¥145 million on net sales of ¥3.936 billion. Excluding plastics operations, net sales rose for automotive and precision-machinery applications but fell in the case of office-automation applications. The decline in revenue and earnings in Japan was also aggravated by the consolidation of Funabashi Electric as a wholly owned subsidiary, which boosted fixed expenses.

North America
Trends in operations for the automotive and infrastructure sectors were positive, driving increases in both revenues and earnings. Net sales in North America reached ¥1.097 billion and earnings attained ¥52 million.

Europe
Results from the medical-equipment sector were solid, and results from the aircraft sector also increased. This region posted segment net income of ¥147 million on net sales of ¥1.249 billion, marking improvements in both revenues and earnings.

Asia ex-Japan
As a result of the exclusion of most plastics operations from consolidation, both net sales and net income declined, to ¥3.641 billion and ¥322 million respectively. When plastics operations are excluded from calculations, however, increases in sales to the automotive and smartphone sectors caused both revenues and earnings to rise.