Latest Business Results

Business Results

（million of yen）

	2024/12	2025/12	Increase/ Decrease	Increase/ Decrease(%)
Net Sales	88,475	85,071	-3,403	-3.8%
Operating Income	19,201	16,638	-2,563	-13.4%
Ordinary Income	19,304	16,699	-2,604	-13.5%
Net Income	14,526	11,761	-2,764	-19.0%

During the consolidated fiscal year under review, the global economy faced increasing uncertainty due to ongoing geopolitical risks and heightened concerns over the outlook caused by U.S. tariff policies.

In markets related to the Group’s businesses, the interchangeable-lens camera market saw continued declines in DSLR cameras, while mirrorless cameras remained strong. As a result, total market unit volumes increased slightly year on year, while revenues were broadly in line with the previous fiscal year. The interchangeable lens market showed a similar trend, with a slight increase in unit volumes and flat revenues year on year.

Average exchange rates compared with the previous fiscal year showed the yen appreciating by approximately ¥2 against the U.S. dollar and depreciating by approximately ¥5 against the euro.

Under these circumstances, the Group recorded revenue growth in the Mobility & Healthcare and Other businesses. However, due to the negative impact of yen appreciation against the U.S. dollar and a decline in OEM shipments in the photographic business, consolidated net sales decreased to ¥85,071 million, representing a 3.8% year-on-year decline.

Despite ongoing efforts to reduce costs and improve productivity, profits declined due to lower sales, rising raw material and utility costs, higher personnel expenses, and increased SG&A expenses associated with strengthened research and development. As a result, operating income was ¥16,638 million (down 13.4% year on year), ordinary income was ¥16,699 million (down 13.5% year on year), and profit attributable to owners of parent was ¥11,761 million (down 19.0% year on year).

For details, please refer to Financial Report.