| 1. |
Reason for revision of the dividend outlook
6.00 yen was originally projected as the year-end dividend payment per share for the year ended March 2004. However, considering the business and operating results outlook, and the financial position of the company such as retained earnings, the board of directors of the company decided to increase ordinary dividend by 2.00 yen in order to reward its shareholders for their continued support.
This dividend payment will be made following the resolution at the ordinary general meeting of shareholders for the year ended March 2004 to be held on June 29, 2004.
|
| |
Interim period |
Year-end |
Annual |
Previous outlook
(November 14, 2003) |
-- |
6.00yen |
6.00yen |
| Revised outlook |
-- |
8.00yen |
8.00yen |
| Dividend per share for the year ended March 2003 |
-- |
6.00yen |
6.00yen |
|
Reference:
Projection of non-consolidated operating results for the year ended March 2004
(April 1, 2003 to March 31, 2004) |
(in million yen)
| |
Net sales |
Ordinary income |
Net income |
| Previous projection (A) |
50,000 |
2,900 |
1,500 |
| New projection (B) |
51,800 |
3,350 |
1,830 |
| Increase/Decrease (B-A) |
1,800 |
450 |
330 |
| % change |
3.6% |
15.5% |
22.0& |
| Operating results for the year ended March 2003 |
44,575 |
2,938 |
1,423 |
|
| Operating results outlook on consolidated basis will be announced as soon as it become available. |
|
