The social infrastructure systems business saw year-on-year decreases in orders and sales mainly due to a fall in large-scale projects in energy systems businesses, despite growth in the electrical equipment for rolling stock business in Japan and abroad.

The building systems business experienced an increase in orders and sales compared with the previous fiscal year due to a gradual recovery in demand for elevators and escalators in Japan and increasing demand for the same products in China and ASEAN countries.

As a result, total sales in the Energy and Electric Systems segment amounted to ¥1,027.7 billion, a 1% dip from the previous fiscal year, but operating income rose by ¥8.3 billion year on year to ¥83.1 billion, owing primarily to cost improvements.

The factory automation systems business experienced an increase in orders and sales compared with the previous fiscal year thanks to expanded demand in the Asian market, beginning with industrial machinery in China as well as rising flat panel display- and semiconductor-related capital expenditures in South Korea and Taiwan.

The automotive equipment business saw rises in excess of those of the previous fiscal year both in orders and sales due to increased demand in individual markets, including China and India. This occurred despite indications of decreasing demand following the termination of promotional incentives in certain markets in Japan and Western Europe.

As a result, total sales in the Industrial Automation Systems segment were ¥927.0 billion, a 26% increase year on year. Owing to this rise and other factors, operating income improved ¥74.0 billion to ¥100.1 billion.

The telecommunications equipment business experienced reductions in orders and sales due to decreased demand for optical broadband access systems and other communication infrastructure components in spite of increased sales of home broadband equipment.

The information systems and services business recorded a year-on-year decline in sales because of lower sales in the systems integration and other businesses.

In the electronic systems business, orders remained on par with those recorded for the previous fiscal year. However, sales decreased year on year due primarily to the reduction in large-scale projects in the electronic business.

As a result, total sales in the Information and Communication Systems segment amounted to ¥487.9 billion, down 7% year on year. Because of this decrease and other factors, operating income declined by ¥4.9 billion to ¥13.7 billion.

The semiconductor business experienced year-on-year increases in orders and sales owing to a rise in demand for industrial-, commercial-, railway-, and automotive-use power modules as well as optical transmission devices.

Orders and sales in the LCD module business were above those of the previous fiscal year thanks to expanded demand for industrial-use and vehicle-mounted products.

As a result, total sales in the Electronic Devices segment stood at ¥175.9 billion, up 27% year on year. Owing primarily to this increase in sales, operating income improved by ¥13.0 billion to ¥5.9 billion.

Sales in the Home Appliances segment increased by 12% year on year to ¥924.5 billion. This result was attributable to the following factors: a rise in sales of air conditioners both in Japan and abroad following last summer's heat waves; growth in domestic demand for consumer-use air conditioners, LCD televisions, and refrigerators due to a last-minute surge in response to a change made in the eco-point system for consumer electronics during the third quarter; and increased sales of photovoltaic (PV) systems in Japan and abroad owing mainly to the impact of government subsidies and other stimulus programs introduced in various countries.

As a result of this increase in sales and other factors, operating income improved by ¥37.2 billion compared with the previous fiscal year to ¥42.0 billion.