 |
April 27, 2007
Nisshin Steel Co., Ltd.
Consolidated Financial Highlights
Nisshin Steel Co., Ltd.
Years ended March 31, 2007 and 2006
1. Results of operations (Millions of yen)*
| |
2006
|
2007
|
| Net sales |
556,056
|
641,245
|
| Operating income |
70,198
|
63,270
|
| Income before special items |
63,152
|
62,130
|
| Net income |
24,464
|
37,213
|
2. Per share amounts (Yen)
| Net income per share |
25.98
|
39.86
|
| Cash dividends per share |
6.00
|
7.00
|
3. Financial position (Millions of yen)*
| Total assets |
718,237
|
826,539
|
| Total shareholders' equity |
315,594
|
385,694
|
4. Cash flows (Millions of yen) *
| Net cash provided by operating activities |
42,411
|
52,249
|
| Net cash used in investing activities |
(22,877)
|
(48,040)
|
| Net cash used in financing activities |
(27,650)
|
(7,338)
|
| Cash and cash equivalents at end of year |
18,984
|
15,984
|
* 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, 2008
1. Projected results of operations (Millions of yen)
| |
2008
|
Six-month period ending September 30, 2007 |
| Net Sales |
710,000
|
350,000
|
| Income before special items |
56,000
|
31,000
|
| Net income |
32,000
|
18,000
|
2. Per share amount (Yen)
| Net income per share |
34.55
|
Note: The estimates above are based on information available at the
time
of this writing and include uncertain factors.
|
