 |
September 9, 2004
Nisshin Steel Co., Ltd.
Consolidated and Non-consolidated Mid-term Projection
for Year Ending March 31, 2005
1. Projection
(Billions of yen)
| |
Consolidated
|
Non-consolidated
|
|
Net
sales
|
Income before
special items
|
Net income
|
Net
sales
|
Income
before
special items
|
Net income
|
| April
1, 2004-September 30, 2004 |
Current |
250.0
|
24.0
|
8.0
|
185.0
|
21.0
|
10.0
|
|
Previous
(5/10/04)
|
240.0
|
15.0
|
6.0
|
175.0
|
13.0
|
5.0
|
| April
1, 2004- March 31, 2005 |
Current |
520.0
|
48.0
|
17.0
|
380.0
|
41.0
|
18.0
|
Previous
(5/10/04) |
480.0
|
29.0
|
11.0
|
350.0
|
25.0
|
9.0
|
Note: The estimate above are based on information available at the time
of this writing and include uncertain factors.
2. Interim Dividend
At the board meeting held on September 9, 2004, it was resolved that
an interim dividend for the period ending September, 2004 be declared
and paid.
The amount of the dividend is to be officially decided at a board meeting
scheduled for a later date to approve the interim business results but
the dividend contemplated at the moment is 2.5yen/share with emphasis placed on stable dividend distribution and in view of the improvement in the Company's performance as indicated above.
We ask our shareholders for their continued support of the Nisshin Steel
Group.
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