Financial Summary for FY2011
and Outlook for FY2012
- This table shows earnings results for fiscal 2011, based on our quarterly reports.
- Earnings started to improve from the end of the first half of the fiscal year toward the fiscal year-end, especially in the fourth quarter due to an eventual recovery in income.
- The main factor behind the rise in SG&A compared with the previous fiscal year was an increase in personnel expenses. I will explain this point later.