Fuji Electric’s net income down 7.8% y/y to USD355.4 million in FY 2017/18

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Financial results

Net sales during the year, however, increased 6.6% y/y to JPY893.4 billion

Fuji Electric’s net income fell 7.8% year-on-year (y/y) to JPY37.76 billion (USD356 million) in the financial year ended 31 March 2017, according to a company press release late last month.

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