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March 6, 2008
Nisshin Steel Co., Ltd.
Consolidated and Non-consolidated Projection for Year Ending March 31, 2008
1. Projection
(Billions of yen)
| |
Consolidated |
Non-consolidated |
Net sales |
Income before special items |
Net income |
Net sales |
Income before special items |
Net income |
Year ending Mar. 31, 2008 |
Current |
655.0 |
53.0 |
30.0 |
520.0 |
50.0 |
30.0 |
Previous Oct. 31, 2007 |
670.0 |
59.0 |
33.0 |
530.0 |
55.0 |
32.0 |
(Reference- Actual) |
Year ended Mar. 31, 2007 |
641.2 |
62.1 |
37.2 |
485.2 |
53.3 |
33.4 |
Six-month period ended Sep. 30, 2007 |
332.0 |
38.6 |
22.9 |
266.3 |
36.1 |
22.0 |
Note: The above projection is based on information available at the time of this release and includes certain assumptions.
2. Dividend for Year Ending March 31, 2008
Board resolved to pay a 4-yen/share year-end dividend.
Board also resolved to pay an additional 2-yen/share commemorative dividend to celebrate the Company's centennial (10 yen/share in annual total vs. 7 yen of the previous FY).
We thank our shareholders for continued support of the Nisshin Steel Group.
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