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Annual Report, etc.
Financial Information

September 7, 2001
Nisshin Steel Co., Ltd.

Consolidated and Non-consolidated Mid-term Projection for Fiscal 2001

1.Projection (Million yen)

[1] Consolidated (April 1, 2001-September 30, 2001)
 
Net sales
Income (loss) before special items
Net income (loss)
Projection
205,000
(8,500)
(11,000)
Reference-actual (April 1, 2000-Sep. 30, 2000)
222,312
9,206
(6,037)
[2] Non-Consolidated (April 1, 2001-September 30, 2001)
 
Net sales
Income (loss) before special items
Net income (loss)
Projection
150,000
(9,000)
(11,000)
Reference-actual (April 1, 2000-Sep. 30, 2000)
162,716
9,557
(5,043)

[3] Consolidated (April 1, 2001-March 31, 2002)

 
Net sales
Income (loss) before special items
Net income (loss)
Projection
410,000
(12,000)
(16,000)
Reference-actual (April 1, 2000-Mar. 31, 2001)
445,096
16,180
766

[4] Non-Consolidated (April 1, 2001-March 31, 2002)

 
Net sales
Income (loss) before special items
Net income (loss)
Projection
300,000
(13,000)
(16,000)
Reference-actual (April 1, 2000-Mar. 31, 2001)
323,072
16,633
2,166
Note 1: The estimate above are based on information available at the time of this writing and include uncertain factors
Note 2: The loss in value of marketable securities in write-down is subject to change in accordance with the actual value at the end of this interim term.

2.Interim dividend forgone

We are obliged to forgo the payment of an interim dividend and ask for our shareholders' kind understanding.

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