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Consolidated Results for the half year ended September 30, 2003
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Consolidated Financial Highlights
(Millions of yen, thousands of U.S. dollars, except for per share data)
<Income statements and cash flows data>
|
Six months ended
September 30, |
Change |
Year ended March 31, |
Six months ended
September 30, |
|
2003 |
2002 |
2003 |
2003 |
|
Statements of Income Data: |
Net sales |
 657,854 |
601,997 |
9.3% |
1,322,453 |
$5,913,294 |
Operating income |
33,115 |
12,278 |
169.7% |
49,360 |
297,663 |
Income before income taxes and minority interest |
28,789 |
6,795 |
323.7% |
31,629 |
258,777 |
Net income |
16,563 |
2,105 |
686.8% |
12,510 |
148,881 |
|
Statements of Cash Flows Data: |
Cash flows from operating activities |
73,092 |
56,965 |
28.3% |
159,504 |
657,007 |
Cash flows from investing activities |
(41,968) |
(66,356) |
(36.8%) |
(107,943) |
(377,240) |
Cash flows from financing activities |
49,221 |
46,821 |
5.1% |
9,111 |
442,436 |
Cash and cash equivalents at end of the period |
270,009 |
167,764 |
60.9% |
192,288 |
2,427,047 |
|
Per Share Data: |
Net Income per share
-Basic |
94.53 |
13.86 |
582.0% |
81.08 |
$0.85 |
-Diluted |
94.36 |
– |
-% |
|
$0.85 |
Notes |
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I. |
The consolidated figures are not intended to present the financial position and results of operations and cash flows in accordance with accounting principles and practices generally accepted in countries and jurisdictions other than Japan. |
II. |
Figures in ‘Change’ column are comparisons with the same period of the previous year. |
III. |
As a result of a change in accounting standards, bonuses to directors and statutory auditors, which are appropriated from retained earnings subsequent to fiscal year end and not reflected in the statement of income of the fiscal year, were reflected in the calculation of net income per share for the period ending September 30, 2003 as if they were charged to income in such fiscal year. Comparative figures have been presented as though the new standard had been applied retroactively. Diluted net income per share are presented only if there are dilutive factors present. |
IV. |
U.S. dollar amounts are included solely for the convenience of readers. These translations should not be construed as representations that the yen amounts actually represent, or have been or could be converted into U.S. dollars at that or any other rate. The rate of 111.25 = U.S.$1 at September 30, 2003 has been used for the purpose of presentation. |
<Balance Sheets data>
|
September 30, 2003 |
March 31, 2003 |
September 30, 2002 |
September 30, 2003 |
Total assets |
1,250,829 |
1,196,080 |
1,238,105 |
$11,243,407 |
Shareholders’ equity |
398,870 |
281,316 |
272,035 |
3,585,348 |
Debt/Equity ratio (%) |
31.9% |
23.5% |
22.0% |
31.9% |
Shareholders’ equity per share |
2,031.27 |
1,851.13 |
1,791.30 |
$18.26 |
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