Terumo Corporation FY2016 H1 Financial Results Earnings

Terumo Corporation reported first half FY2016 (ending March 31, 2017) financial results on November 10, 2016, achieving record operating income of 39.4 billion yen despite foreign exchange headwinds. The company reduced USD receivables and managed FX exposure while maintaining growth in cardiac and vascular business segments through product expansion and quality improvements.