Chiyoda Announces Consolidated Financial Results for the First Quarter of the Fiscal Year Ending March 31, 2011
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http://www.businesswire.com/news/home/20100804007171/en YOKOHAMA, Japan--(Business Wire)-- Chiyoda Corporation (TOKYO:6366): Company name: CHIYODA CORPORATION Listing: First Section of the Tokyo Stock Exchange Stock code: 6366 URL: http://www.chiyoda-corp.com/ Representative: Takashi Kubota, President & CEO Scheduled date to file Quarterly Report: August 13, 2010 (Millions of yen with fractional amounts discarded, unless otherwise noted) 1. Consolidated performance for the first quarter of the fiscal year ending March 31, 2011 (from April 1, 2010 to June 30, 2010) (1) Consolidated operating results (cumulative) (Percentages indicate year-on-year changes.) Net sales Operating income Ordinary income Net income Millions of yen % Millions of yen % Millions of yen % Millions of yen % 1Q ended June 30, 2010 53,475 (35.3 ) 2,909 1.4 1,272 (66.9 ) 1,308 (37.2 ) 1Q ended June 30, 2009 82,677 (27.7 ) 2,870 112.1 3,848 17.5 2,081 16.6 Net income per share Fully diluted net income per share Yen Yen 1Q ended June 30, 2010 5.05 - 1Q ended June 30, 2009 8.03 8.03 (2)Consolidated financial position Total assets Net assets Equity ratio Net assets per share Millions of yen Millions of yen % Yen As of June 30, 2010 310,391 149,430 48.0 574.39 As of March 31, 2010 328,174 149,253 45.3 573.61 Reference: Equity As of June 30, 2010: 148,882 million yen As of March 31, 2010: 148,683 million yen 2.Cash dividends Cash dividends per share Record date First quarter Second quarter Third quarter Fiscal year-end Annual Yen Yen Yen Yen Yen Fiscal year ended - - - 3.50 3.50 March 31, 2010 Fiscal year ending - March 31, 2011 Fiscal year ending - - 5.00 5.00 March 31, 2011 (Forecast) Note: Revision of the forecast in the first quarter of the fiscal year ending March 31, 2010: None 3. Consolidated earnings forecasts for the fiscal year ending March 31, 2011 (from April 1, 2010 to March 31, 2011) (Percentages indicate year-on-year changes.) Net sales Operating income Ordinary income Net income Net income per share Millions of % Millions of % Millions % Millions of % Yen yen yen of yen yen 2Q ending September 120,000 (27.1 ) 3,500 - 2,500 - 2,000 - 7.72 30, 2010 (cumulative) Fiscal year ending 240,000 (23.3 ) 6,000 252.5 6,500 34.4 4,000 35.4 15.43 March 31, 2011 Note: Revision of the forecasts in the first quarter of the fiscal year ending March 31, 2010: Yes 4. Others (1) Significant changes in subsidiaries during the period (changes in specified subsidiaries resulting in the change in scope of consolidation): None (2) Application of simplified accounting as well as specific accounting for preparing the quarterly consolidated financial statements: None (3) Changes in accounting policies, procedures, and methods of presentation for preparing the quarterly consolidated financial statements (changes described in the section of "Changes in significant matters forming the basis of preparing the quarterly consolidated financial statements") a. Changes due to revisions to accounting standards: Yes b. Changes due to other reasons: None Chiyoda Corporation Naoyuki Nakayama, +81-45-506-7538 General Manager IR & Public Relations Office Copyright Business Wire 2010
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