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Kyocera Result 27/04/2016

Kyocera reported year ending net profit of 109 billion yen ($968 million), down 5.9% from 115 billion yen ($1 billion). Turnover was 1.4 trillion yen ($13 billion), down 3% from 1.5 trillion yen ($14 trillion). Declines in telecom and applied ceramics, along with a 23 billion yen ($214 million) charge related to goodwill were responsible for the downturn.