 |
May 10, 2006
Nisshin Steel Co., Ltd.
Consolidated Financial Highlights
Nisshin Steel Co., Ltd.
Years ended March 31, 2006 and 2005
1. Results of operations (Millions of yen)*
| |
2006
|
2005
|
| Net sales |
556,056
|
535,721
|
| Operating income |
70,198
|
66,847
|
| Income before special items |
63,152
|
60,193
|
| Net income |
24,464
|
24,122
|
2. Per share amounts (Yen)
| Net income per share |
25.98
|
25.19
|
| Cash dividends per share |
6.00
|
5.00
|
3. Financial position (Millions of yen)*
| Total assets |
718,237
|
682,541
|
| Total shareholders' equity |
315,594
|
276,634
|
4. Cash flows (Millions of yen) *
| Net cash provided by operating activities |
42,411
|
58,327
|
| Net cash used in investing activities |
(22,877)
|
(26,486)
|
| Net cash used in financing activities |
(27,650)
|
(33,958)
|
| Cash and cash equivalents at end of year |
18,984
|
25,900
|
* 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 |
Nisshin Automotive Tubing LLC |
| Wheeling-Nisshin, Inc. |
|
|
Equity method is applied to the investments in unconsolidated subsidiaries
and major affiliates.
•Projection for year ending March 31, 2007
1. Projected results of operations (Millions of yen)
| |
2007
|
Six-month period ending September 30, 2006 |
| Net Sales |
590,000
|
290,000
|
| Income before special items |
40,000
|
17,000
|
| Net income |
22,000
|
9,000
|
2. Per share amount (Yen)
| Net income per share |
23.44
|
Note: The estimates above are based on information available at the
time
of this writing and include uncertain factors.
|
