Taiyo Yuden announced financial results for the fourth quarter of its fiscal year ending March 31, 2013.

According to the statement, net sales of optical storage media (CD-R, DVD±R, BD-R) decreased 9.3% over the previous quarter to ¥3,860 million ($38.27 million USD). Twelve month consolidated results reveal a year over year sales decline of 4.6% to ¥15,412 million ($152.80 million USD).

The company projects its 2014 optical media revenue will fall in the neighbourhood of ¥12,500 ($123.93 million USD).