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Highlights of Fiscal Year 2002 (Year ending March 31, 2002)
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| Summary |
In the Japanese automotive industry, domestic sales were
favorable in Fiscal Year 2002, however, exports declined for the first time in
two years, and production and sales were lower than the previous year.
Under these circumstances, Sanoh grappled with the expansion of new orders for our main products, such as automotive tubing components and heat exchangers for refrigerators, and for our plastic automotive products, our new enterprise.
We combine exceptional business management and technology in order to provide our customers with superior manufactured goods and expand our technical services. By utilizing a network of domestic and international subsidiary and affiliate companies, we strive to maintain sales, improve productivity, and reduce costs in order to counterbalance the effects of demands for drastic price reductions from our main customers.
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| Consolidated Results |
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Fiscal
Year 2002
(Million Yen) |
Fiscal
Year 2001
(Million Yen) |
Change over previous year
(%) |
| Sales |
40,592 |
40,584 |
0.0 |
| Operating Income |
1,099 |
1,598 |
-31.2 |
| Ordinary Income |
1,571 |
1,840 |
-14.6 |
| Net Income |
905 |
972 |
-6.9 |
| Net Income per Share |
25 yen 7 sen |
26 yen 86 sen |
- |
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| Unconsolidated Results |
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Fiscal
Year 2002
(Million Yen) |
Fiscal
Year 2001
(Million Yen) |
Change over previous year
(%) |
| Sales |
34,678 |
35,499 |
-2.3 |
| Operating Income |
1,208 |
1,521 |
-20.6 |
| Ordinary Income |
1,500 |
1,756 |
-14.6 |
| Net Income |
862 |
902 |
-4.5 |
| Net Income per Share |
23 yen 86 sen |
24 yen 91 sen |
- |
* Dividends per share : 10 yen per year (including 5 yen
mid-term dividend) |
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