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Highlights of the First Quarter Results for Fiscal Year 2004
(April 1, 2003 through June 30, 2003)
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Summary |
Economic conditions during the first quarter of this year remained uncertain since the previous period, reflecting the stagnation in domestic personal consumption and the employment situation under deflationary conditions, as well as influence from the sluggish U.S. economy.
In this economic environment, we strived to increase sales of tubular components for automobiles and other transportation equipment, plastic automotive products, etc., and as a result, our sales for the first quarter amounted 12,044 million yen, nearly meeting expectations. As for earnings, under such influences as exchange fluctuations, ordinary income was 637 million yen, and net income for this period was 265 million yen.
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Consolidated Results |
| กก |
FY2004
First Quarter
(Million Yen) |
*For Reference:
FY2003 Full-year Settlement
(Million Yen) |
| Sales |
12,044 |
47,325 |
| Operating Income |
660 |
3,120 |
| Ordinary Income |
637 |
2,966 |
| Net Income for the First Quarter |
265 |
1,518 |
| Net Income for the First Quarter per Share |
7 yen 49 sen |
41 yen 39 sen |
| Diluted Net Income for the First Quarter per Share |
7 yen 45 sen |
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* Because Sanoh only began disclosing overviews of quarterly business performance from the third quarter of fiscal year 2003, the results of the first quarter of the previous year are not presented for comparison. |
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