|The Company announced its results for the 29th term (for the year ending March 2005) on 22nd April.
In the first half, sales and profits showed a historical high, helped by the introduction of one new and one additional production lines, which was carried out in the previous term, the execution of continuous operation including Sundays in some manufacturing lines, and the record summer heat wave.
However, in the quiet period in the second half, income from wages for processing declined, accompanying a major fall in orders received, but the efforts made to reduce manufacturing costs did not much help, resulting in a major loss from a profit in last term.
Summary of the results is set out below.
Net sales ¥31.6 billion (+25.3% from the previous year), Operating income ¥1,208 million (+22.2%), Net income ¥671 million (+33.8%), Net income per share ¥126.07
Net sales ¥31.4 billion (+25.3% from the previous year), Operating income ¥1,169 million (+21.5%), Net income ¥653 million (+33.4%), Net income per share ¥122.52
Annual dividends per share will be ¥30 (including a memorial dividend of ¥5),which includes an interim dividend of ¥10.
Consolidated net sales, operating and net income for 30th fiscal year (ended in Mar.,2006) will be estimated ¥28.8 billion, ¥1,260 million and ¥690 million respectively.