TOKYO, Aug. 5, 2011 (GLOBE NEWSWIRE) --
(Rounded down to million yen)
1. Consolidated business results for the fiscal year ended March 2011 (April 1, 2010 - March 31, 2011)
| (1) Consolidated results of operations | (% change from the previous corresponding period) | |||||||
| Net sales | Operating income | Ordinary income | Net income | |||||
| Million yen | % | Million yen | % | Million yen | % | Million yen | % | |
| March 2011 | 57,880 | 83.5 | 6,931 | 885.4 | 6,290 | -- | 4,483 | -- |
| March 2010 | 31,541 | (13.9) | 703 | (74.8) | 524 | (75.0) | 156 | (79.0) |
(Note) Comprehensive income:
Fiscal year ended March 2011: 2,726 million yen (310.8%)
Fiscal year ended March 2011: 663 million yen (--)
|
Net income per share |
Diluted net income per share |
Return on equity |
Ratio of ordinary income to total assets |
Ratio of operating income to net sales |
|
| Yen | Yen | % | % | % | |
| March 2011 | 180.63 | 175.66 | 19.2 | 11.5 | 12.0 |
| March 2010 | 6.58 | -- | 0.8 | 1.1 | 2.2 |
(Reference) Investment earnings/loss on equity-method:
Fiscal year ended March 2011: 37 million yen
Fiscal year ended March 2010: 0 million yen
| (2) Consolidated financial position | ||||
| Total assets | Net assets |
Shareholders' equity ratio |
Net assets per share |
|
| Million yen | Million yen | % | Yen | |
| March 2011 | 61,499 | 25,564 | 40.1 | 986.60 |
| March 2010 | 47,963 | 22,581 | 46.1 | 892.19 |
(Reference) Shareholders' equity:
Fiscal year ended March 2011: 24,660 million yen
Fiscal year ended March 2010: 22,129 million yen
| (3) Consolidated results of cash flows | ||||
|
Cash flows from operating activities |
Cash flows from investing activities |
Cash flows from financing activities |
Cash and cash equivalents at the end of period |
|
| Million yen | Million yen | Million yen | Million yen | |
| March 2011 | 1,832 | (4,419) | 4,505 | 7,310 |
| March 2010 | 2,374 | (1,521) | (459) | 5,867 |
2. Dividends
| Annual dividend |
Total dividend (Total) |
Dividend payout ratio (Consolidated) |
Rate of total dividend to net assets (Consolidated) |
|||||
|
End of 1Q |
End of 2Q |
End of 3Q |
Year-end | Annual | ||||
| Yen | Yen | Yen | Yen | Yen | Million yen | % | % | |
|
Fiscal year ended Mar. 2010 |
-- | 0.00 | -- | 12.00 | 12.00 | 297 | 182.4 | 1.4 |
| Fiscal year ended Mar. 2011 | -- | 0.00 | -- | 20.00 | 20.00 | 499 | 11.1 | 2.1 |
|
Fiscal year ending Mar. 2012 (forecast) |
-- | 0.00 | -- | 20.00 | 20.00 | 10.4 | ||
(Note) Breakdown of year-end dividend for fiscal 2011 Ordinary dividend: Yen 18.00 Commemorative dividend for the 30th anniversary of our establishment: Yen 2.00
3．Forecast of consolidated business results for the fiscal year ending March 2012
| (April 1, 2011 - March 31, 2012) | (% change from the previous year) | ||||||||
| Net sales | Operating income | Ordinary income | Net income |
Net income per share |
|||||
| Million yen | % | Million yen | % | Million yen | % | Million yen | % | Yen | |
| First half | 33,600 | 41.4 | 3,680 | 64.0 | 3,500 | 84.9 | 2,400 | 78.4 | 92.47 |
| Full year | 70,000 | 20.9 | 7,500 | 8.2 | 7,200 | 14.5 | 5,000 | 11.5 | 192.66 |
4. Others
(1) Changes in significant subsidiary during the period (changes in specified subsidiary accompanying changes in the scope of consolidation): Yes
New: 1 (company name) Hangzhou Solartech Co., Ltd. Excluded: --
(2) Changes in rules, procedures and indication methods of accounting process
(1) Changes due to revision of accounting standards: Yes
(2) Changes other than (1): None
(3) Shares outstanding (common stock)
(1) Number of shares outstanding at the end of period (treasury stock included)
Fiscal year ended March 2011 25,088,592 shares Fiscal year ended March 2010 24,897,022 shares
(2) Treasury stock at the end of period:
Fiscal year ended March 2011 93,344 shares Fiscal year ended March 2010 93,344 shares
(3) Average number of stock during period (cumulative period)
Fiscal year ended March 2011 24,820,473 shares Fiscal year ended March 2010 23,754,394 shares
(Reference) Summary of non-consolidated business results
1. Non-consolidated business results for the fiscal year ended March 2011
(April 1, 2010 - March 31, 2011)
| (1) Non-consolidated results of operations | (% change from the previous year) | |||||||
| Net sales | Operating income | Ordinary income | Net income | |||||
| Million yen | % | Million yen | % | Million yen | % | Million yen | % | |
| March 2011 | 19,300 | 27.1 | 1,166 | 781.7 | 1,979 | 126.9 | 1,421 | 126.1 |
| March 2010 | 15,181 | 10.0 | 132 | -- | 872 | (23.9) | 628 | 74.5 |
|
Net income per share |
Diluted net income per share |
|
| Yen | Yen | |
| March 2011 | 57.26 | 55.93 |
| March 2010 | 26.47 | -- |
| (2) Non-consolidated financial position | ||||
| Total assets | Net assets |
Shareholders' equity ratio |
Net assets per share |
|
| Million yen | Million yen | % | Yen | |
| March 2011 | 36,834 | 22,743 | 61.7 | 909.90 |
| March 2010 | 31,015 | 21,424 | 69.1 | 863.76 |
(Reference) Shareholders' equity:
Fiscal year ended March 2011: 22,743 million yen
Fiscal year ended March 2010: 21,424 million yen
* Implementation status of auditing procedure
This financial summary is not subject to auditing procedure pursuant to the Financial Instruments and Exchange Act. At the time of disclosure of this report, the auditing procedure of financial statements pursuant to the Financial Instruments and Exchange Act has not been completed.
* Explanation regarding appropriate use of business forecasts and other special instructions)
Forecasts regarding future performance in this material are based on information currently available to the Company and certain assumptions that the Company deems to be reasonable at the time this report was prepared. Actual results may differ significantly from the forecasts due to various factors.