nihonkohden

Philosophy & Strategy

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Left: Hirokazu Ogino,  President and CEO Right: Takashi Tamura,  Representative Director, Exective Operating Officer Left: Hirokazu Ogino, Representative Director, President and CEO
Right: Takashi Tamura, Representative Director, Exective Operating Officer
First we would like to sincerely thank our shareholders for your continued support.

We hereby report the results for the first half of FY2017 ending March 31, 2018.
In the first half of FY2017, the Company absorbed and merged domestic sales subsidiaries in April 2017, following the reorganization of sales operations in April 2016. Domestic sales increased as the Company concentrated on enhancing sales activities which match each market. Consumables and services also contributed to increased sales. Internationally, as the Company strengthened its business structure, sales in the Americas and Europe increased favorably. As a result, overall sales increased. Operating income decreased due to the increase of SG&A expenses such as R&D investments. Income attributable to owners of parent increased, reflecting foreign exchange gains compared to losses in the same period of the previous fiscal year.

In the second half of FY2017, the Company will enhance to improve its profitability as well as continue to focus on the growth of domestic and overseas businesses by introducing new products and services.
To realize its long-term vision for 2020, The CHANGE 2020, Nihon Kohden implements its new three-year mid-term business plan, TRANSFORM 2020, which starts from FY2017. The Company aims to transform its operations to achieve a highly profitable structure with company-wide efforts.
The interim dividend for the first half of FY2017 was 17 yen per share.
We deeply appreciate your continued support.