No category-specific facts could be extracted from this document.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.In Business Security, sales to consumer electronics retailers and drugstores, foreign-affiliated offices and data centers were strong, while the subscription-based business also grew. Electromechanics performed well in areas including industrial equipment, amusement and semiconductor manufacturing equipment, but the increase in selling, general and administrative expenses from growth investments outweighed this performance, resulting in lower operating profit.