Kyocera Announces Consolidated Financial Results for Third Quarter, Ended Dec. 31, 2023
These factors led to further weakness in Semiconductor- and Information & Communications- related markets, which comprise the company’s major revenue sources.
- These factors led to further weakness in Semiconductor- and Information & Communications- related markets, which comprise the company’s major revenue sources.
- Compared to the year-ago period, sales revenue decreased by 2.2%, to JPY1,492,672 (USD10,512) million, due mainly to lower demand for key products in the Core Components and Electronic Components segments, which offset rising sales in the Solutions segment.
- Profits decreased as well, due primarily to lower production equipment utilization rates caused by reduced orders, rising labor costs, and higher research and development investments to support future growth.
- Three Months Ended December 31,