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 FY2025, higher sales revenue from Printing Solutions and Manufacturing-related & Wearables, together with a positive foreign-exchange impact, was offset by lower revenue in Visual Communications, U.S. tariffs, inventory reductions and a ¥25.9 billion impairment loss related to Fiery, which weighed on profit. For FY2026, the company expects to capture demand in areas including Precision Innovation, pass on part of the cost increases through pricing, improve efficiency and benefit from changes in U.S. tariff rates.