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 2018, net sales were 376.53 billion yen (9.9 % increase year-on-year), operating income was 42.822 billion yen (15.5 % increase year-on-year), ordinary income was 41.871 billion yen (13.0 % increase year-on-year), and profit was 29.838 (12.7 % increase year-on-year). All of these figures represented record-high levels for the Group.
In 2018, the second year of the medium-term management plan, we will work toward establishing stronger growth strategies, increasing corporate value, and building a strong business base for achieving sustained growth in the future, based on the slogan "Become a Company That Solves Challenges in Society in Collaboration with Partners All Around the World."
I want to thank all our shareholders and investors and look forward to your ongoing understanding and support. Thank you.
Representative Director, President & CEO