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.Operating profit was affected by a gain of approximately ¥1.8 billion on the sale of real estate related to the electrical installation materials business, as well as the end of filter sales to certain HDD business customers, manufacturing site consolidation costs, factory relocation costs, approximately ¥600 million in impairment losses on fixed assets and approximately ¥100 million in business transformation costs. Profit for the year declined due to higher withholding tax on dividends from group companies and a higher tax burden on the gain from the sale of real estate.