Consolidated Financial Highlights (For the fiscal years ended March 31, 2003 and 2002)
|
Millions of yen & US dollars |
|||||
|
2003
|
2002
|
Changes (2003-2002)
Increase (Decrease) |
|||
|
Yen |
Dollar |
Yen |
Yen |
(%)
|
|
|
Net sales |
1,089,804 |
9,236 |
1,035,891 |
53,913 |
5.2 |
|
Operating profit (loss) |
33,178 |
281 |
(13,221) |
46,399 |
--- |
|
Income (loss) before income taxes, minority interests and equity in earnings (losses) |
12,905 |
109 |
(106,724) |
119,629 |
--- |
|
Net income (loss) |
3,009 |
26 |
(80,621) |
83,630 |
--- |
|
Net income (loss) per share |
|||||
|
Basic |
¥3.09 |
2.6¢ |
¥(84.46) |
87.55 |
--- |
|
Diluted |
¥3.09 |
2.6¢ |
¥(84.46) |
87.55 |
--- |
|
Return on Equity |
0.8% |
(18.5%) |
19.3% |
--- |
|
|
Return on Total Assets |
1.0% |
(7.8%) |
8.8% |
--- |
|
|
Return on Sales |
1.2% |
(10.3%) |
11.5% |
--- |
|
Notes:
1) Consolidated financial information is prepared in accordance with generally
accepted accounting principles (GAAP) in the United States of America.
2) The translation of Japanese yen amounts into US dollar amounts is included
solely for convenience and has been made for fiscal 2003 at the rate of ¥118
to $1, the approximate rate of exchange at March 31, 2003
.3) Equity in earnings (losses) of affiliated companies:
March 31, 2003: (786) millions of yen
March 31, 2002: 398 millions of yen
4) The numbers of average common shares outstanding were as follows:
March 31, 2003: 973,306,865
March 31, 2002: 954,530,062
5) Adopted new accounting standards.
6) Net income (loss) per share above is based on the provisions of Statements
of Financial Accounting Standards No.128,"Earnings per share"
7) Operating profit (loss) stated above is the sum of segment operating profit.
The amount is consistent with custom of the Japanese accounting practice by
subtracting cost of sales and selling general and administrative expenses from
net sales. This amount does not represent consolidated operating profit (loss)
under U.S.GAAP.
Projections for FY2004 (From April 1, 2003 to March 31, 2004)
|
Millions of yen |
|||
|
Net sales |
Income before income taxes |
Net income |
|
|
The first half of FY2004 |
540,000 |
11,000 |
3,000 |
|
The entire FY2004 |
1,115,000 |
28,000 |
11,000 |
1) Forecast of net income per share (basic): 11.08 yen
2) Refer to"Management Performance and Financial Conditions" for preconditions of the projections for FY 2004 above and other related issues.





