Achieving Record Net Sales and Profits

FY2006 saw the launch of new models into the market. Improved sales and a better product mix, combined with the effects of yen depreciation, caused a reduction in costs that more than offset the rise in materials prices, thus delivering our highest revenues and profits to date. Consolidated net sales increased 11.2% from the preceding fiscal year, to ¥3,247.5 billion. Consolidated operating income rose 28.4%, to ¥158.5 billion, and consolidated net income grew 10.5%, to ¥73.7 billion.

Such results meant we were able to increase our cash dividend from an intended ¥5 per share to ¥6 per share. Furthermore, in the September 2007 mid-term period, we plan to reinstate interim dividends for the first time in 15 years.