Overview of Business Segments
Imaging & Information Equipment Business
In Asia, sales in primarily China were steady, while those in North America, Europe and Japan fell below previous-year levels, depressed by their sluggish economies and the impact of the upsurge and continued appreciation of the yen.
In Asia, net sales and operating income stood at ¥4,295 million and ¥325 million, respectively, while in North America, net sales and operating income came to ¥1,123 million and ¥55 million, respectively. In Europe, net sales and operating loss totaled ¥3,013 million and ¥27 million, respectively.
Information Service Business
Although IT investments remain sluggish, net sales and operating income were slightly above previous-year levels.
This is due to our efforts to expand sales through our new proactive sales policy in educational markets and continuous cost-cutting efforts.
As a result, this sector recorded net sales of ¥915 million and an operating income of ¥35 million.
Other Business Activities
In the Real Estate Leasing Business, net sales decreased slightly due to the departure of some tenants, despite the continued steady trend. This sector recorded net sales of ¥399 million and an operating income of ¥229 million.
In Other Business, sales were sluggish, despite proactive efforts to market new products, owing to the limited impact of the product launches in the latter half of the second quarter. The lackluster sales were also due to the effects of the continued slump in consumer spending in the domestic market. The segment’s income/loss situation improved, thanks to the impact of cost-cutting measures, etc. This sector recorded net sales of ¥831 million and an operating loss of ¥6 million.