Olympus 2006 Annual Report Download - page 22

Download and view the complete annual report

Please find page 22 of the 2006 Olympus annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 59

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59

and
> The Information & Communication Business is run by ITX
Corporation, which became a consolidated subsidiar y in
September 2004. ITX Corporation implements business investment
and consultation specialized in the life sciences, networking tech-
nology, mobile technology, and business innovation. The principal
investment targets are mobile handset sellers, providers of mobile
solution services, mobile contents services, network infrastructure
systems, system development, and sellers of semiconductor-related
devices and electronics devices.
Though sales recorded a tremendous upswing of 74.5% to
¥284,908 million (US$2,477 million), Olympus experienced a
¥2,641 million (US$23 million) operating loss during the fiscal
year under review, while it had recorded a ¥1,037 million operat-
ing loss in the previous fiscal year.
I N F O R M A T I O N &
C O M M U N I C AT I O N
B U S I N E S S
Information
and Communication
Business
Sales
(Millions of yen)
163,248
284,908
112 ,738
221,005
05 06
Overseas sales
Domestic sales
50,510
63,903
G R O U P
C O M P A N Y
ITX
Corporation
Bringing synergistic effects
by working closely with
Olympus in creating new
businesses and business
models
Revenue increased owing to the year-round strong sales of com-
puter peripherals to the U.S. market in the networking technolo-
gies business and favorable sales of mobile handsets in the mobile
business. Despite brisk sales of mobile handsets, the Information
& Communication Business recorded an operating loss due to the
cost increases.
O U T L O O K F O R F I S C A L 2 0 0 7
> In accordance with the rapid progress of information technology,
Olympus acknowledges the importance of business in the network-
ing and mobile technology fields. With this in mind, Olympus is
striving to establish a firm position in this growing market. In the
fiscal year ending March 31, 2007, Olympus anticipates ¥282
billion of net sales and ¥1.5 billion of operating income.
20 OLYMPUS 2006