About UsKOITO succeeded in commercializing the world’s first LED headlamps and has been actively advancing development of new technologies and products that are eco-friendly. We work on manufacturing of products which are less hazardous to environment, taking the safety of people and the preservation of the earth into consideration. With regard to KOITO’s business results for the first half of fiscal 2011, from April 1 to September 30, 2010, the sales of the KOITO GROUP increased by 20% over the same term of the previous year due to various measures taken by the governments of Japan and other countries, such as tax breaks on eco vehicles and incentives for scrapping old vehicles, which boosted automobile production around the world.
Regarding profit, in addition to increases in sales, activities to improve business performance at each company in the GROUP, including enhancing productivity, restricting investment in plant and equipment, and reducing costs, greatly increased operating income, recurring profit, and net income for the first half of fiscal 2011, from April 1 to September 30, 2010 compared to the same term of the previous year. |