| Nissho
Iwai Corporation |
|
| Listed
stock exchange: |
the
first sections of Tokyo, Osaka, and Nagoya |
| Headquarters: |
Osaka,
Tokyo |
| Securities
Code: |
No.
8063 |
| Contact
Information: |
Seiichi
Aoki, General Manager, Public Relations Dept. |
| |
Tel.
(03) 5520-2400 |
| Board
of Directors' Meeting: |
May
17, 2001 |
| |
| 1.
Consolidated Business Results for the Fiscal Year Ended March 31,
2001 |
| (1) Results
of Operations |
|
|
Net
Sales |
Operating
Income |
Recurring
Profit |
| Millions
of Yen |
% |
Millions
of Yen |
% |
Millions
of Yen |
% |
| March
31, 2001 |
6,474,402
|
-11.1
|
62,253 |
26.8
|
39,063
|
21.9
|
| March
31, 2000 |
7,281,304
|
-15.9
|
49,088
|
9.1
|
32,053
|
33.6
|
|
|
Net
Income |
EPS |
EPS
(Fully Diluted) |
ROE
(Net Income) |
ROA
(Recurring Profit) |
Recurring
Profit to
Net Sales |
| Millions
of Yen |
% |
Yen |
Yen |
%
|
% |
%
|
| March
31, 2001 |
20,041
|
96.1
|
22.92
|
21.59
|
13.2
|
1.0
|
0.6
|
| March
31, 2000 |
10,220
|
-
|
11.69
|
11.10
|
5.9
|
0.7
|
0.4
|
| Notes: |
| 1. |
Equity in earnings
of unconsolidated subsidiaries and affiliates during the period:
-6,535 million yen |
| |
preceding period:
-2,037 million yen |
| 2 |
Average number
of outstanding shares during the period: 874,430,543 shares |
| |
preceding
period: 874,430,051 shares |
| 3. |
Changes in
accounting policies during the period: NA |
| 4. |
Percentages
indicate changes in net sales, operating income, recurring profit
and net income compared with the preceding fiscal year. |
|
|
Total
Assets |
Shareholders'
Equity |
Shareholders'
Equity Ratio |
(BPS) |
| Millions
of Yen |
Millions
of Yen |
% |
Yen |
| March
31, 2001 |
3,613,977
|
120,276 |
3.3
|
137.55
|
| March
31, 2000 |
4,078,286
|
182,446
|
4.5
|
208.65
|
| Notes: |
| 1. |
Number of outstanding shares as of March 2001: |
874,431,407 |
shares |
| |
as of March 2000: |
874,429,560 |
shares |
| 2. |
The decrease
in shareholders' equity was the result of 1) the inclusion of foreign
currency translation adjustments of ¥67,716 million, which was
formerly included in total assets, as a decrease in shareholders'
equity in accordance with a change in accounting standards, as well
as 2) the write off of evaluation losses incurred by bringing forward
mark-to-market accounting of other marketable securities at year-end,
from which non-consolidated valuation differences of ¥(15,254
million) and consolidated valuation differences of ¥(5,297)
million were recorded in the shareholders' equity section to build
a sounder financial position. |
| |
|
|
|
Cash
Flows from Operating Activities |
Cash
Flows from Investing Activities |
Cash
Flows from Financing Activities |
Cash
and Cash Equivalents at Year-end |
| Millions
of Yen |
Millions
of Yen |
Millions
of Yen |
Millions
of Yen |
| March
31, 2001 |
132,977
|
308,448
|
-
470,305 |
274,909 |
| March
31, 2000 |
61,973
|
401,084
|
-
347,106 |
298,779
|
| (4)
|
Items Related to Consolidation and Companies Accounted for by the
Equity Method |
|
Consolidated
subsidiaries |
:
350 |
|
Unconsolidated
subsidiaries (accounted for by the Equity Method) |
:
15 |
|
Unconsolidated
affiliates (accounted for by the Equity Method) |
:
172 |
| (5) |
Changes
in the Scope of Consolidation |
|
Consolidated
companies |
Added:
28 |
|
|
Removed:
90 |
| |
Equity
method |
Added:
19 |
|
|
Removed:
37 |
| 2. Consolidated
Business Projections for the Fiscal Year Ending March 31, 2002 |
|
|
Net
Sales |
Recurring
Profit |
Net
Income |
| Millions
of Yen |
Millions
of Yen |
Millions
of Yen |
Interim
period ending
September 30, 2001 |
2,900,000
|
13,000
|
5,000
|
Fiscal
year ending
March 31, 2002 |
6,000,000
|
45,000
|
20,000
|
| Reference:
Projected net income per share for the fiscal year ending March
31, 2002: 22.87 yen |
|
