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As a result, the machine tools segment as a whole posted a decrease in net sales of 46.707 billion yen (down 20.2% year on year), although new initiatives aimed at acquiring new orders such as holding online exhibitions were strengthened while market conditions were on a recovering trend.
As a result, the machine tools segment as a whole posted a decrease in sales with net sales of 46.7 billion yen (down 20.2% year on year) despite new efforts by the Group to receive orders, including the holding of online exhibitions, amid the market following the recovery trend.
As a result, the machine tools segment as a whole posted a decrease in sales with net sales of 30.8 billion yen (down 12.6% year on year) and operating profit to 4.5 billion yen (down 33.3% year on year), in reaction to strong performance a year ago, although we pursued sales of machines equipped with low frequency vibration (LFV) cutting, one of the Group's unique technologies, amid a cautious stance toward capital expenditure both in Japan and abroad.
As a result, the machine tools segment as a whole posted a decline in sales to 15.7 billion yen (down 7.8% year on year) and operating profit to 2.6 billion yen (down 17.8% year on year), because of a cautious stance toward capital expenditures in Japan and overseas. The Group promoted sales of machines equipped with low frequency vibration (LFV) cutting, the Group's unique technology, but sales suffered due in part to a reaction from the previous year, when sales were strong.
As a result, the machine tools segment as a whole posted a significant increase in sales with net sales of 54.2 billion yen (up 16.6% year on year), which was supported by favorable market conditions both in Japan and abroad and increased sales of machines equipped with low frequency vibration (LFV) cutting, one of the Group's unique technologies.
As a result, the machine tools segment overall posted net sales of 38.3 billion yen (up 84.7% year on year), driven by an increase in products equipped with the low-frequency vibration-cutting (LFV) technology the Company had been developing for some time.
8 I am now moving on to the Machine Tools segment.
8 続いて、工作機械事業です。
Further reasons for the increase in inventory include rising inventory due to a decrease in sales and longer delivery times for custom modifications in the Machine Tools segment as well.
[Machine tools segment] Q) In terms of orders in the machine tools business and the future outlook, is there any risk of orders decreasing going forward?
Amid this environment, in the Machine Tools Segment the Group continued to increase production capacity in response to increased orders and strove to increase sales.
As a result, in the Machine Tools Segment, burgeoning capital investment demand, primarily in Europe, and the Group's aggressive sales activities bore fruit, leading both sales and profits to reach new record high levels, following those recorded in the previous fiscal year.
The operating margin of the Machine Tools segment is declining. What are the reasons?
Q) 工作機械事業の営業利益率が低下しているが、要因は何か。
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