With the electronics manufacturing industry applying the brakes, as well as due to the earthquake and appreciation of the yen, sales were down by 1.9%, operating income by 14.9%, and ordinary income by 14.8%. Net income for the quarter, with the profit from the sale in the US of SDS/VAC, should be up by 12%.

The slump in electronics related gas and equipment is expected to continue along in Q4 so that the outlook for that quarter was revised downward. Sales, operating income, and ordinary income were revised downward from what was announced previously. Sales are expected to be down by 1.6%, amounting to 476 billion, with operating income down by 15.4%, amounting to 30 billion, and ordinary profit down by 15.1%, amounting to 29 billion. Net profit for the quarter, taking into account the previously mentioned selloffs, should be up by 53.1%, amounting to 19.5 billion.

Their industrial related gas business for this quarter shows that oxygen, nitrogen, and argon went below the figure of the same period of last year, and while for equipment, welding and cutting related equipment exceeded the figures, large facilities such as ASUs were sluggish. M&A activity overseas moved along well. As a result, sales were down by 0.4%, and operating income by 4.7%.

In their electronics related business, although electronics materials gas moved along steadily in Korea, Taiwan, and China, they were sluggish in Japan. For equipment, sales were down due to the postponing of capital investment. Sales were down by 10.4%, with operating income down by 41.1%.

For the energy related area, sales were up by 4.8%, while operating income was up by 29.5%. As for their other businesses, the medical related area moved along well, with sales up by 3.2%, and operating income up by 22.8%.