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October 31, 2006
Nisshin Steel Co., Ltd.
Consolidated Financial Highlights
Nisshin Steel Co., Ltd.
Six-month periods ended September 30, 2006 and 2005
| 1. Results of operations (Millions of yen*) |
| |
| |
2006 |
2005 |
| Net sales |
301,296 |
281,925 |
| Operating income |
23,336 |
41,193 |
| Income before special items |
21,930 |
39,659 |
| Net income |
13,737 |
21,564 |
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| 2. Per share amounts (Yen) |
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| Net income per share |
14.70 |
22.83 |
| Cash dividends per share |
3.00 |
3.00 |
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| 3. Financial position (Millions of yen*) |
| |
| Total assets |
746,009 |
695,287 |
| Total shareholders' equity |
340,391 |
298,022 |
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| 4. Cash flows (Millions of yen*) |
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| Net cash provided by operating activities |
13,300 |
18,689 |
| Net cash used in investing activities |
(19,116) |
(8,718) |
| Net cash used in financing activities |
1,444 |
(11,861) |
| Cash and cash equivalents at end of period |
14,715 |
24,529 |
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* 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 : |
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| 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. |
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| Equity method is applied to the investments in unconsolidated subsidiaries and major affiliates. |
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| Projection for year ending March 31, 2007 |
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1.Projected results of operations (Millions of yen) |
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2007 |
| Net Sales |
625,000 |
| Income before special items |
47,000 |
| Net income |
28,000 |
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2. Per share amount (Yen) |
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| Net income per share |
29.99 |
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| Note : |
The estimates above are based on information available at the time of this writing and include uncertain factors. |
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