Taiyo Yuden Reports Q4 2015 Results

Taiyo Yuden announced financial results for the fourth quarter of its fiscal year ending March 31, 2015.

According to the statement, net sales of optical storage media (CD-R, DVD±R, BD-R) decreased 1.6% over the previous quarter to ¥3,494 million. Twelve month consolidated results reveal a year over year sales decline of 9.6% to ¥12,859 million.

The company projects its 2016 optical media revenue will clock in somewhere around ¥12,000 million.

Optical Media Products
(Millions of yen)

Year Ended March 31, 2014 Year Ended March 31, 2015
Production 7,326 7,328
Orders 14,248 12,828
Order Backlog 143 112
Sales 14,232 12,859

Amounts based on average unit sale prices and do not include consumption and related taxes.