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Taiyo Yuden Reports Q4 2014 Results

Taiyo Yuden announced financial results for the fourth 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) decreased 4.7% over the previous quarter to ¥3,633 million. Twelve month consolidated results reveal a year over year sales decline of 7.7% to ¥14,232 million.

The company projects its 2015 optical media revenue will clock in somewhere around ¥12,000 million.

Optical Media Products
(Millions of yen)

Year Ended March 31, 2013 Year Ended March 31, 2014
Production 9,991 7,326
Orders 15,350 14,248
Order Backlog 127 143
Sales 15,412 14,232

Amounts based on average unit sale prices and do not include consumption and related taxes.