Taiyo Yuden: Fiscal 1Q14 Financial Results

Recordable optical disc business down 9%

By Jean Jacques Maleval | September 9, 2013 at 2:58 pm

(in ¥ million)	1Q13	1Q14
Revenue	46,533	51,478
Growth		*11%*
Net income (loss)	(628)	3,138

Manufacturing of CD-Rs, DVD-Rs/DVD+Rs as well as recordable BD-Rs continues to be a part an old activity of Taiyo Yuden.

Recordable optical media product sales in the three-month period ended June 30, 2013 fell to ¥3,357 million, 9% lower compared to ¥3,689 million from the corresponding period of the previous fiscal year, reflecting the continuing decline of the worldwide optical market.

The Japanese firm stated: "The company is moving ahead with its structural reform program and is continuing to implement measures aimed at enhancing the profitability of its optical media products."