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Highlights of the Nine Month Results
(April 1, 2003 through December 31, 2003)(Consolidated)
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Summary |
The economic environment through the third quarter of Fiscal Year 2004 remained uncertain, however there were some signs of economic improvement in aspects such as expansion of capital investment, even under the continued stagnation of the deflationary situation. Adverse phenomenon such as the depreciation of the dollar arising from financial concerns in the U.S. cast a shadow on the export industry, which had been seeing favorable conditions.
Under these circumstances, the Sanoh Group made an all-out effort to expand sales of our main products - tubular products for automotive and transportation equipment - and to obtain new business for our automotive plastic products.
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Consolidated Results (in millions of yen, except per share data) |
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Nine Months Ending Dec. 31, 2003 |
Nine Months Ending Dec. 31, 2002 |
Year-Over-Year Comparison (%) |
| Sales |
35,485 |
35,081 |
+1.2 |
| Operating Income |
2,427 |
2,412 |
+0.6 |
| Ordinary Income |
2,206 |
2,371 |
-6.9 |
| Net Income for Nine Months |
1,221 |
1,162 |
+5.1 |
| Net Income for Nine Months per Share |
34.58 yen |
32.87 yen |
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