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Taiyo Yuden Optical Media Sales Decline

Taiyo Yuden announced financial results for the second quarter of its fiscal year ending March 31, 2013.

According to the statement, net sales of optical storage media (CD-R, DVD±R, BD-R) fell 2.3% over the previous quarter to ¥3,606 million ($44.17 million USD) and dropped 7.9% from the same period last year. Consolidated results for the first half of the fiscal year reveal a sales decline of 5% over last year to ¥7,295 million ($89.36 million USD).

The company’s full year optical media sales forecast remains unchanged at ¥15,000 ($183.75 million USD).