I want to thank our shareholders and investors for your unwavering support of Shimadzu Corporation business operations.
The Shimadzu Group started a new 3-year medium-term management plan in April 2017. Based on this plan and the slogan "Become a Company That Solves Challenges in Society in Collaboration with Partners All Around the World," we are implementing aggressive growth measures, such as investing in advanced healthcare and other high-growth fields, improving profitability by applying AI and IoT technologies to expand the aftermarket business and strengthening the competitiveness of key models, for example, and implementing organizational foundation reforms.
As a result, for the fiscal year ending March 2019, net sales were 391.213 billion yen (3.9 % increase year-on-year), operating income was 44.480 billion yen (3.9 % increase year-on-year), ordinary income was 45.462 billion yen (8.6 % increase year-on-year), and profit was 32.523 (9.0 % increase year-on-year), showing increases in both sales and profits for the sixth consecutive year. Fourth consecutive year of record results achieved for all of these figures.
In 2019, the final year of the medium-term management plan, we will reflect on what we have done and what we have not done with the various measures we have formulated, and we will strive to achieve our goals with a strong will to accomplish what we have decided.
I want to thank all our shareholders and investors and look forward to your ongoing understanding and support. Thank you.
Representative Director, President & CEO