KYOTO (dpa-AFX) - Kyocera Corp. (KYO), on Thursday, reported that 9-month
profit attributable to owners of the parent decreased by 28,417 million yen, or
23.9%, to 90,366 million yen as compared with the previous nine months.

On a per share basis, earnings attributable to owners of the parent declined to
63.94 yen compared to 82.74 yen reported in the previous year.

Operating profit declined by 34,040 million yen, or 29.9%, to 79,844 million
yen, and profit
before income taxes decreased by 37,118 million yen, or 22.8%, to 125,638
million yen compared to last year.

Profit decreased due mainly to the lower utilization ratio of production
facilities caused by a decrease in orders while Kyocera continues to invest in
anticipation of demand growth, as well as an increase in labor costs and
research and development expenses.

Sales revenue for the nine months decreased by 33,825 million yen, or 2.2%, to
1,492,672 million yen, as compared with the nine months ended December 31, 2022,
due mainly to a decrease in demand for the company's principal products in the
Core Components Business and the Electronic Components Business as a result of a
sluggish condition in principal markets, which more than offset an increase in
sales in the Solutions Business.



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