 |
May 10, 2005
Nisshin Steel Co., Ltd.
Consolidated Financial Highlights
Nisshin Steel Co., Ltd.
Years ended March 31, 2005 and 2004
1. Results of operations (Millions of yen)*
| |
2005
|
2004
|
| Net sales |
535,721
|
451,451
|
| Operating income |
66,847
|
35,732
|
| Income before special items |
60,193
|
26,497
|
| Net income |
24,122
|
9,786
|
2. Per share amounts (Yen)
| Net income per share |
25.19
|
10.10
|
| Cash dividends per share |
5.00
|
4.00
|
3. Financial position (Millions of yen)*
| Total assets |
682,541
|
637,246
|
| Total shareholders' equity |
276,634
|
249,415
|
4. Cash flows (Millions of yen) *
| Net cash provided by operating activities |
58,327
|
40,605
|
| Net cash used in investing activities |
(26,486)
|
(10,703)
|
| Net cash used in financing activities |
(33,958)
|
(31,875)
|
| Cash and cash equivalents at end of year |
25,900
|
27,815
|
* Rounded down to the nearest millions of yen.
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 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, 2006
1. Projected results of operations (Millions
of yen)
| |
2006
|
Six-month period ending September 30, 2005 |
| Net Sales |
580,000
|
290,000
|
| Income before special items |
68,000
|
34,000
|
| Net income |
36,000
|
18,000
|
2. Per share amount (Yen)
| Net income per share |
37.84
|
Note: The estimates above are based on information available at the
time
of this writing and include uncertain factors.
|
