Pentax 2012 Annual Report Download - page 70

As outlined above, profit before taxes amounted to ¥58,530 million and profit
for the year amounted to ¥42,680 million, a 20.8% and 28.4% down year on
year respectively. The ratio of profit before tax was 15.5%, a 2.0 percent point
decrease over the previous fiscal year's 17.5%.
Profitability of the Information Technology deteriorated from the previous
fiscal year due mainly to the slowdown in demands for mask blanks and
photomasks for semiconductor and glass disks for HDDs during the first half
of the fiscal year under the influence of the Great East Japan Earthquake, in
addition to the appreciation of the Japanese yen and the surge in the rear
earth prices in a part of the businesses. On the other hand, profitability for
optical glass and optical lenses business improved from the previous fiscal
year as the Company received larger orders of the high precision lenses on
the back of the brisk market of single lens digital cameras.
In the life Care business, eyeglass lens business recorded the reduction in
sales and profit caused by the loss of sales opportunities due to the
suspension of operation of the flagship plant for eyeglass lenses as a result of
the flooding in Thailand, in addition a loss of plant facilities, etc. due to
disaster in the amount of 5,909 million yen was recorded. Contact lens and
intraocular lens businesses enjoyed high profitability continuously from the
previous fiscal year. Medical endoscope business secured the similar level of
profitability as the previous year thanks to the increasing demands in the
emerging countries although the medical institutions in the United States and
Europe were holding off buying in the midst of financial uncertainty.
Return on assets (ROA) was 7.5%, and return on equity attributable to
owners of the Company (ROE) was 11.3%.
Income
Profit before tax/Profit for the year