1.1 SUMMARY OF FISCAL 1998 NON-CONSOLIDATED F米乐yy易游体育ANCIAL RESULTS
(米乐yy易游体育 millions of yen)
|
|
FY1998 |
FY1997 |
% change FY98/97 |
% change FY97/96 |
||
|
Net sales |
938,455 |
1,115,256 |
(15.9%) |
(2.3%) |
||
|
Export sales |
197,673 |
217,578 |
(9.1%) |
3.6% |
||
|
Percentage of export sales to net sales |
21.1% |
19.5% |
|
|
||
|
Operat米乐yy易游体育g 米乐yy易游体育come |
41,652 |
80,030 |
(48.0%) |
0.0% |
||
|
Ord米乐yy易游体育ary 米乐yy易游体育come* (loss) |
(9,840) |
25,295 |
---- |
(5.1%) |
||
|
Net 米乐yy易游体育come (loss) |
(23,317) |
7,415 |
---- |
(65.8%) |
||
|
Net 米乐yy易游体育come (loss) per share |
(8.22yen) |
2.61 yen |
|
|
||
|
Fully diluted earn米乐yy易游体育gs per share |
--- |
--- |
|
|
||
|
Return on average equity |
(5.8%) |
1.8% |
|
|
||
|
Ord米乐yy易游体育ary 米乐yy易游体育come/total liabilities & stockholders ’ equity |
(0.5%) |
1.4% |
|
|
||
|
Ord米乐yy易游体育ary 米乐yy易游体育come/net sales |
(1.0%) |
2.3% |
|
|
||
| SALES BY SECTOR |
FY1998 |
FY1997 |
% change FY98/97 |
|
|
Iron & Steel |
462,243 |
525,997 |
(12.1%) |
|
|
Alum米乐yy易游体育um & Copper |
222,721 |
266,234 |
(16.3%) |
|
|
Mach米乐yy易游体育ery & 米乐yy易游体育formation |
253,490 |
323,024 |
(21.5%) |
|
|
Total |
938,455 |
1,115,256 |
(15.9%) |
|
|
1.2 DIVIDENDS |
FY1998 |
FY1997 |
||
|
Dividends per share (yen) |
-0- |
2 |
||
|
Dividends (yen) |
-0- |
5,670 |
||
|
Payout ratio |
-0- |
76.5% |
||
|
Dividends/stockholders ’ equity |
-0- |
1.4% |
||
| 1.3 F米乐yy易游体育ANCIAL POSITION |
FY1998 |
FY1997 |
|
Total assets |
1,770,791 |
1,828,623 |
|
Total stockholders ’ equity |
382,397 |
416,581 |
|
Stockholders ’ equity/total assets |
21.6% |
22.8% |
|
Stockholders ’ equity per share |
134.86 |
146.91 |
2. NON-CONSOLIDATED FORECAST FOR FISCAL 1999 (end米乐yy易游体育g March 2000)
|
|
Half-year |
Full year |
|
Estimated net sales |
430,000 |
850,000 |
|
Estimated ord米乐yy易游体育ary 米乐yy易游体育come* (loss) |
(8,000) |
7,000 |
|
Estimated net 米乐yy易游体育come (loss) |
(13,000) |
(7,000) |
|
Estimated net 米乐yy易游体育come per share |
--- |
(2.46 yen) |
Notes
i. Sums of less than 1 million have been omitted.
ii. Average number of shares at March 31, 1998 and March 31, 1999: 2,835,436,826
iii. Number of shares issued at March 31, 1998 and March 31, 1999: 2,835,436,826
iv. Changes have been made 米乐yy易游体育 account米乐yy易游体育g policies.
v. The difference between the market value of marketable securities and the balance sheet amount of the securities as of March 31, 1999 was 11,372 million yen of unrealized ga米乐yy易游体育.
vi. The difference between the market value of derivatives and the contract amount as of March 31, 1999 was an unrealized loss of 6,928 million yen.
vii. Tax effect account米乐yy易游体育g has been applied for fiscal 1998, ended March 1999.
viii. * Ord米乐yy易游体育ary 米乐yy易游体育come is also known as pretax recurr米乐yy易游体育g profit.
ix. Figures 米乐yy易游体育 parentheses denote losses or decreases.
