|
May 24, 2001
Nisshin Steel Co., Ltd.
Consolidated Financial Highlights
Nisshin Steel Co., Ltd.
Years ended March 31, 2001 and 2000
1. Results of operations (Millions of yen)
|
2001
|
2000
|
| Net sales |
445,096
|
430,955
|
| Operating income |
25,812
|
15,583
|
| Income before special items |
16,180
|
5,610
|
| Net income (loss) |
766
|
(5,919)
|
2. Per share amounts (Yen)
| Net income (loss) per share |
0.77
|
(5.95)
|
| Cash dividends per share |
2.00
|
2.00
|
3. Financial position (Millions of yen)
| Total assets |
648,846
|
669,265
|
| Total shareholders' equity |
252,377
|
244,998
|
4. Cash flows (Millions of yen)
| Net cash provided from operating activities |
49,186
|
23,918
|
| Net cash used in investing activities |
(33,381)
|
(53,330)
|
| Net cash (used in) provided from financing activities |
(18,791)
|
19,535
|
| Cash and cash equivalents at end of year |
16,135
|
18,374
|
Nisshin Steel's consolidated financial statements include the accounts
of Nisshin Steel and its nine subsidiaries listed below :
| Nisshin A&C Co., Ltd. |
Nisshin Kokan Co., Ltd. |
Nisshin Koki Co., Ltd. |
| Shinwa Kigyo Co., Ltd. |
Tsukiboshi Kaiun Co., Ltd. |
Tsukiboshi Shoji Co., Ltd. |
| Nisshin Holding, Inc. |
Nisshin Steel USA, LLC |
Wheeling-Nisshin, Inc. |
Equity method is applied to the investments in unconsolidated subsidiaries
and major affiliates.
Projection for year ending March 31, 2002
1. Projected results of operations (Millions
of yen)
|
2002
|
Six-month period ending September 30,
2001 |
| Net Sales |
440,000
|
215,000
|
| Income before special items |
6,500
|
2,500
|
| Net loss |
(3,500)
|
(2,000)
|
2. Per share amount (Yen)
| Net loss per share |
(3.52)
|
Note: The estimates above are based on information available at the
time of this writing and include uncertain factors.
|