Skip to content

Taiyo Yuden Reports Q2 2014 Results

Taiyo Yuden announced financial results for the second quarter of its fiscal year ending March 31, 2014.

According to the statement, net sales of optical storage media (CD-R, DVD±R, BD-R) increased 2.1% over the previous quarter to ¥3,429 million ($34.23 million USD), but dropped 5.2% from the same period last year. Additionally, an extraordinary loss of ¥862 million ($8.6 million USD) was recorded to cover the costs associated with the previously announced job cuts and restructuring at That’s Fukushima.

The company has increased its full year optical media sales forecast to ¥13,500 million ($134.75 million USD), up 8% over its previous guidance.