Brother Reveals 2015 Financial Results

Brother Industries, Ltd has reported on its financial results for the fourth quarter (Q4) and fiscal year 2015 (FY2015) ended March 31, 2016, with highlights including:

• Net sales reached a record high to JPY 749.5 billion (US$6.8 billion), an increase of 5.5% compared to FY2014,
• Operating income decreased 17.8% compared to FY2014, but maintained almost the same level of profit as last year,
• Current profits declined 5.7%, however, it increased year-on-year in real terms, excluding the impact from the consolidation of Domino,
• Printing and solutions segment net sales increased 0.5% to JPY 476.8 billion (US $4.38 billion) compared to FY2014, with an operating margin of JPY 34.2 billion (US $0.31 billion)

In the fourth quarter alone, Brother experienced a decline in net sales, operating income, and current profits. Operating income decreased 34.1% compared to the same period in last year, while net sales reported a decrease of 5.2%.

Detailed information at http://download.brother.com/

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