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Taiyo Yuden Reports Q4 2013 Results

Taiyo Yuden announced financial results for the fourth 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) decreased 9.3% over the previous quarter to ¥3,860 million ($38.27 million USD). Twelve month consolidated results reveal a year over year sales decline of 4.6% to ¥15,412 million ($152.80 million USD).

The company projects its 2014 optical media revenue will fall in the neighbourhood of ¥12,500 ($123.93 million USD).