| |
Millions of yen |
Thousands of
U.S. dollars (Note 2) |
|
 |
|
|
| Years ended 31st March, |
1998 |
1999 |
1889 |
1999 |
|
|
|
| Net sales (Note 4) |
¥121,204 |
¥115,901 |
$1,005,421 |
$961,437 |
| Cost of sales (Note 4) |
108,200 |
102,955 |
897,551 |
854,049 |
|
|
|
| Gross Profit |
13,004 |
12,946 |
107,870 |
107,388 |
| |
| Selling, general and administrative expenses |
11,114 |
11,069 |
92,189 |
91,821 |
|
|
|
| Operating income |
1,890 |
1,877 |
15,681 |
15,567 |
| |
| Other income and expenses: |
|
|
|
|
| Interest and dividend income |
439 |
485 |
3,641 |
4,022 |
| Interest expense |
(209) |
(227) |
(1,732) |
(1,883) |
| Gains on sales of marketable securities and other |
838 |
561 |
6,951 |
4,652 |
| Foreign exchange losses and other |
(433) |
(545) |
(3,595) |
(4,521) |
|
|
|
| Income before extraordinary items |
2,525 |
2,151 |
20,946 |
17,837 |
| |
| Extraordinary items: |
| Writedown of investment securities |
(106) |
- |
(881) |
- |
|
|
|
| Income before income taxes |
2,419 |
2,151 |
20,065 |
17,837 |
| |
| Income taxes |
1,575 |
1,410 |
13,067 |
11,693 |
|
|
|
| Income before minority interests |
844 |
741 |
6,998 |
6,144 |
| |
| Minority interests in (income) loss of Consolidated subsidiaries |
3 |
(1) |
24 |
(10) |
| Equity in income (loss) of affiliates |
(135) |
(291) |
(1,117) |
(2,412) |
|
|
|
| Net income |
712 |
449 |
5,905 |
3,722 |
|
|
|
| |
| Retained earnings: |
|
|
|
|
| Balance at beginning of year |
26,445 |
26,214 |
219,367 |
217,446 |
| Appropriations: |
|
|
|
|
| Cash dividends, 12 per share |
(876) |
(846) |
(7,262) |
(7,014) |
| Bonuses to directors and corporate auditors |
(68) |
(35) |
(564) |
(290) |
|
|
|
| Balance at end of year |
¥26,214 |
¥25,782 |
$217,446 |
$213,864 |
|
|
|
| See the accompanying Notes to Consolidated Financial Statements. |
