Resolutions for the General Meeting of Shareholders
Annual (161st)| Item | Details |
|---|---|
| Type of shareholders' meeting | Annual (161st) |
Items this document does not state (5)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.Although lower raw material and fuel costs and cost reductions in the German business had a positive effect, operating profit declined due to losses associated with the earthquake off the eastern coast of Aomori Prefecture, a major scheduled maintenance shutdown at the Hachinohe Plant, equipment failures caused by aging facilities, and lower sales volumes in the German business.