 |
November 6, 2003
Nisshin Steel Co., Ltd.
Consolidated Financial Highlights
Nisshin Steel Co., Ltd.
Six-month period ended September 30, 2003 and 2002
| 1. Results of operations (Millions
of yen*) |
| |
| |
2003
|
2002
|
| Net sales |
221,435
|
199,089
|
| Operating income |
18,733
|
1,654
|
| Income (loss) before special items |
13,595
|
(4,024)
|
| Net income (loss) |
5,410
|
(6,255)
|
|
| |
|
| 2. Per share amounts (Yen)
|
| |
| Net income (loss) per share |
5.56
|
(6.31)
|
| Cash dividends per share |
2.00
|
0
|
|
| |
|
| 3. Financial position (Millions
of yen*) |
| |
| Total assets |
630,849
|
624,888
|
| Total shareholders' equity |
240,874
|
221,446
|
|
| |
|
| 4. Cash flows (Millions of
yen*) |
| |
| Net cash provided by operating activities |
20,871
|
9,940
|
| Net cash used in investing activities |
(6,056)
|
(11,046)
|
| Net cash used in financing activities |
(15,113)
|
(3,888)
|
| Cash and cash equivalents at end of period |
30,148
|
28,158
|
|
| |
* Rounded down to the nearest millions of yen. |
| Nisshin Steel's consolidated financial statements include
the accounts of Nisshin Steel and its nine consolidated subsidiaries
listed below : |
| |
| Nisshin A&C Co., Ltd. |
Nisshin Kokan Co., Ltd. |
Nisshin Koki Co., Ltd. |
| Shinwa Kigyo Co., Ltd. |
Tsukiboshi
Logistics 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, 2004 |
| |
1.Projected results of operations (Millions
of yen) |
| |
| |
2004
|
| Net Sales |
442,000
|
| Income before special items |
23,000
|
| Net income |
10,000
|
|
| |
|
| |
2. Per share amount (Yen) |
| |
| Net income per share |
10.34
|
|
| |
|
|
Note :
|
The estimates above are based on information available at the time
of this writing and include uncertain factors. |
|
