|Results for the first quarter were that production volume of orders received ended at 105.9% on the same period last year thanks to the expansion of the production work system and positive activities to win orders, but that sales declined as a result of having made part of raw materials gratuitous because of change in order intake method and profits fell because of a decline in revenues from processing fees due to change in product composition as well as the declining trend of processing fees.
The summary is as follows.
Net sales ¥82.8billion (-11.4% from the previous year), Operating income ¥547million (-25.9%), Net income ¥317million (-28.1%), Net income per share ¥62.22
Net sales ¥82.8billion (-10.8% from the previous year), Operating income ¥541million (-24.8%), Net income ¥315million (-27.0%), Net income per share ¥61.81
Annual dividends per share will be ¥25,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 ¥28.8billion, ¥1,260 million and ¥690 million respectively.