Consolidated net sales for the year ended March 2012 were ¥16,152 million, down 21.1% from the previous fiscal year. Sales of CD-Rs and DVD-Rs/DVD+Rs all declined year over year, although sales of BD-Rs were robust.

In the year ending March 2013, the Company will take steps to return its CD-R, DVD-R and BD-R businesses to profitability, focusing mainly on consumer electronics applications. We will also try to cultivate the market for archiving applications, which requires highly reliable product types.