Photovoltaic business decline LED factory Toyota Synthetic estimates that this year's net profit will be reduced by 16%
Toyoda Gosei, the global LED and auto parts manufacturer, announced on the 25th the previous year (April 2013-March 2014) earnings report: Optoelectronics division (including LED chips/light bulbs and other LED related products) due to fierce competition The decline in prices caused sales to fall into recession. However, due to the growth in sales of auto parts and the benefit of the yen, the combined revenue increased by 15.0% to 689.477 billion yen, and the consolidated revenue rose 19.3% to 43.798 billion yen. The merger of pure profit rose 22.3% to 26.214 billion yen.
In the previous year, Toyota Synthetic Optoelectronics Division's revenue decreased by 5.0% to 52 billion yen, and the profit decreased by 53.1% to 1 billion yen. The revenue of the automotive components division grew by 15.8% to 620 billion yen and the profit growth of 23.7. % to 42.4 billion yen; other businesses (including air cleaners and mobile phone cases) revenue increased by 82.4% to 17.3 billion yen, and the profit surged by 107.1% to 300 million yen.
Toyota Synthetic estimates this year (April 2014 - March 2015) consolidated revenue will be reduced by 2.8% to 670 billion yen, and the combined profit will be reduced by 15.5% year-on-year to 37 billion yen. It is estimated that the annual reduction will be 16.1% to 22 billion yen. Toyota Synthetic said that the above-mentioned financial forecast for this year is based on the trial value of 1 US dollar against 100 yen.
In the previous year, Toyota Synthetic Optoelectronics Division's revenue decreased by 5.0% to 52 billion yen, and the profit decreased by 53.1% to 1 billion yen. The revenue of the automotive components division grew by 15.8% to 620 billion yen and the profit growth of 23.7. % to 42.4 billion yen; other businesses (including air cleaners and mobile phone cases) revenue increased by 82.4% to 17.3 billion yen, and the profit surged by 107.1% to 300 million yen.
Toyota Synthetic estimates this year (April 2014 - March 2015) consolidated revenue will be reduced by 2.8% to 670 billion yen, and the combined profit will be reduced by 15.5% year-on-year to 37 billion yen. It is estimated that the annual reduction will be 16.1% to 22 billion yen. Toyota Synthetic said that the above-mentioned financial forecast for this year is based on the trial value of 1 US dollar against 100 yen.
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