The Japanese equipment provider said its machinery business for the PV industry accounted for almost all of its sales in the latest fiscal year. It expects an increase in both revenue and profits in current fiscal year.
The Japanese equipment provider also reported an increase in sales of 19.2% for fiscal year 2017. In the machinery business, the company said, all of sales of the large-scale deal were booked as planned.
The Japanese equipment provider also reported a profit of JPY 446 million ($4.0 million) for the first three quarters of the current fiscal year.
The Japanese equipment provider reported a profit of JPY 151 million ($1.3 million) for the first half of the current fiscal year. Revenue grew 231.3% year-on-year to JPY 2,227 million ($20.0 million).
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