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March 7, 2002
Nisshin Steel Co., Ltd.
Consolidated and Non-consolidated Projection
for Year ending March 31, 2002
1. Projection
(Billion yen)
| |
Consolidated
|
Non-consolidated
|
|
Net
sales
|
(Loss) income before
special items
|
Net (loss)
income
|
Net
sales
|
(Loss) income before
special items
|
Net (loss)
income
|
Year ending
Mar. 31, 2002 |
Current |
390.0
|
(18.0)
|
(25.0)
|
280.0
|
(18.0)
|
(23.0)
|
|
Previous
(01/11/21)
|
395.0
|
(17.0)
|
(22.0)
|
285.0
|
(18.0)
|
(22.0)
|
(Reference-
Actual) |
Year ended
Mar. 31, 2001 |
445.0
|
16.1
|
0.7
|
323.0
|
16.6
|
2.1
|
Six-month
period ended Sep.
30, 2001 |
203.7
|
(7.6)
|
(13.3)
|
148.7
|
(8.6)
|
(13.4)
|
Note: The estimate above are based on information available at the time
of this writing and include uncertain factors.
2. Dividend for year ending March 31, 2002
In light of the above results, we regret to forgo the payment of the dividend
and ask for our shareholders' understanding and continued support.
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