Kyowa Hakko Kogyo Co., Ltd. Fiscal 2007 Operating Income up 28.3%: Sales and Operating Income Exceed Plan Targets

TOKYO--(BUSINESS WIRE)--Kyowa Hakko Kogyo Co. Ltd. (Kyowa Hakko)(TOKYO:4151) today announced its consolidated financial results for the year ended March 31, 2008 (Fiscal 2007). Consolidated net sales were ¥392.1 billion, up 10.7% and consolidated operating income was ¥39.3 billion, an increase of 28.3% compared to fiscal 2006. Recurring income increased 23.0% to ¥37.9 billion and net income increased 84.9% to ¥23.4 billion.

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