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Highlights of Fiscal Year 2004 (Year ending March 31, 2004)
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Overview |
The automotive industry improved significantly in the 2004 fiscal year due to an increase in demand for new cars in the domestic market as well as the replacement demand for semi-trucks following the implementation of new diesel engine exhaust regulations. In addition, export volume grew owing to increased exports to Asia, while exports to North America declined due to an increase in local production. As a result, there was a slight increase in automobile production over the previous year.
Under these circumstances, the Sanoh Group made our best efforts to increase sales of our main products, such as brake and fuel tubing for automotive application, as well as our plastic products, utilizing our worldwide global network.
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Consolidated Results (in millions of yen, except per share data) |
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FY2004 |
FY2003 |
Change Over
Previous Year (%) |
| Sales |
48,150 |
47,325 |
+1.7 |
| Operating Income |
3,182 |
3,120 |
+2.0 |
| Ordinary Income |
2,883 |
2,966 |
-2.8 |
| Net Income |
1,603 |
1,518 |
+5.6 |
| Net Income Per Share |
43.83 yen |
41.39 yen |
- |
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Unconsolidated Results (in millions of yen, except per share data) |
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FY2004 |
FY2003 |
Change Over Previous Year (%) |
| Sales |
42,709 |
40,776 |
+4.7 |
| Operating Income |
2,487 |
2,770 |
-10.2 |
| Ordinary Income |
2,553 |
2,862 |
-10.8 |
| Net Income |
1,595 |
1,401 |
+13.8 |
| Net Income Per Share |
43.60 yen |
38.07 yen |
- |
*Dividend per share: 11 yen per year (including 5 yen interim dividend) |
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