Kyocera’s Diversified Portfolio and M&A Strategy Will Enable Solid Growth Under Uncertainties
Kyocera’s September quarter operating income was JPY 45.5 billion, which was above our forecast of JPY 41 billion. While demand of ceramic package and solar panels were weaker than anticipated, other business segments compensated for the shortfall. In particular, revenue of the components group showed impressive growth of 14.8% from the previous year because of the robust demand from the automotive and machinery industries. Kyocera forecasts that demand from smartphones will slow down in the sec...
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