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Okano Valve <6492.T>-6mth group results

Wed Jul 8, 2009 2:01am EDT
 
   July 8 (Reuters) -
                OKANO VALVE MFG CO
                CONSOLIDATED FINANCIAL HIGHLIGHTS
 (in billions of yen unless specified)
            6 months ended  6 months ended  Full year to    Full year ended
               May 31, 2009    May 31, 2008    Nov 30, 2009    Nov 30, 2008
               LATEST          YEAR-AGO        COMPANY         YEAR-AGO  
               H1 RESULTS      H1 RESULTS      FORECAST        RESULTS   
 Sales               6.35            6.28           12.83                   
                                 (+9.2 pct)         (+4.0%)              
 Operating            921 mln        1.02            1.71                   
                                (+18.5 pct)         (+8.7%)              
 Recurring            964 mln        1.02            1.77                   
                                (+16.9 pct)        (+10.9%)              
 Net                  583 mln         589 mln         950 mln               
                                (+31.0 pct)         (+4.3%)              
 EPS                   Y32.61          Y32.94          Y53.12               
 Annual div                                             Y8.00           Y8.00
  -Q2 div               Y4.00           Y3.00                               
  -Q4 div                               Y5.00           Y4.00               
 NOTE - Okano Valve Mfg Co is a major manufacturer of large high-temperature, high-pressure valves.
 For latest earnings estimates made by Toyo Keizai, please
double click on 6492.TK1.



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