Taiyo Yuden announced financial results for the first 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 13% over the previous quarter to ¥3,357 million ($34.58 million USD) and dropped 9% from the same period last year.

The company’s full year optical media sales forecast remains unchanged at ¥12,500 million ($128.79 million USD), down 18.9% from 2013.