Third-quarter net sales in the Kyoto-based conglomerate’s applied ceramics division – which makes PV cells and modules, among other items – soared roughly ¥17bn from the preceding three-month period to ¥ 68.3bn.

Its operating profit jumped about ¥3.4bn on the quarter to approximately ¥8bn, mainly due to strong solar demand in its home market.

Kyocera raised its full-year, group net sales forecast by 11.7%