L R AS Published on Friday 1 November 2019 - n° 296 - Categories:company results
Kyocera's Life & Environment Division slightly recovered
Japan's Kyocera announced that its photovoltaic business - the Life & Environment division - had seen its sales increase by 3% in the first half of 2018-2019 (at the end of September) to 42.1 billion yen. Profitability of solar energy has improved
thanks to the structural reforms implemented in fiscal year 2018 - 2019, which more than offset the increase in R&D spending on accumulators. The sector's net loss declined year-on-year from 6.3 billion yen to 4.9 billion yen.
PV Magazine of 31 October
Editor's note The Japanese have also benefited from the poorer competitive situation of Chinese manufacturers who can no longer rely on the cash cow that is their domestic market.