 |
May 23, 2002
Nisshin Steel Co., Ltd.
Consolidated Financial Highlights
Nisshin Steel Co., Ltd.
Years ended March 31, 2002 and 2001
1. Results of operations (Millions of yen)
| |
2002
|
2001
|
| Net sales |
394,494
|
445,096
|
| Operating income (loss) |
(10,384)
|
25,812
|
| Income (loss) before special items |
(17,096)
|
16,180
|
| Net income (loss) |
(25,221)
|
766
|
2. Per share amounts (Yen)
| Net income (loss) per share |
(25.36)
|
0.77
|
| Cash dividends per share |
-
|
2.00
|
3. Financial position (Millions of yen)
| Total assets |
638,458
|
648,846
|
| Total shareholders' equity |
233,500
|
252,377
|
4. Cash flows (Millions of yen)
| Net cash provided from operating activities |
13,795
|
49,186
|
| Net cash (used in) investing activities |
(9,547)
|
(33,381)
|
| Net cash (used in) provided from financing activities |
(13,022)
|
(18,791)
|
| Cash and cash equivalents at end of year |
33,789
|
16,135
|
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, 2003
1. Projected results of operations (Millions
of yen)
| |
2003
|
Six-month period ending September 30, 2002 |
| Net Sales |
405,000
|
200,000
|
| Income (loss) before special items |
0
|
3,000
|
| Net (loss) |
(6,000)
|
(4,500)
|
2. Per share amount (Yen)
| Net (loss) per share |
(6.03)
|
Note: The estimates above are based on information available at the
time
of this writing and include uncertain factors.
|
