Shinwa Art <2437.OJ>-2008/09 parent results

July 10 (Reuters) -

SHINWA ART AUCTION CO LTD

PARENT-ONLY FINANCIAL HIGHLIGHTS

(in billions of yen unless specified)

Year ended Year ended Year to Six months to

May 31, 2009 May 31, 2008 May 31, 2010 Nov 30, 2009

LATEST YEAR-AGO COMPANY COMPANY

RESULTS RESULTS FORECASTS H1 FORECASTS
Sales 1.08 1.62 872 mln 364 mln

(-33.5 pct) (-27.2 pct) (-18.9%) (-29.5%)
Operating loss 198 mln prft 194 mln loss 29 mln loss 92 mln

(-56.7 pct)
Recurring loss 191 mln prft 201 mln loss 27 mln loss 91 mln

(-55.5 pct)
Net loss 279 mln prft 98 mln loss 51 mln loss 113 mln

(-61.8 pct)
EPS loss Y4,962.09 prft Y1,697.53 loss Y931.46 loss Y2,071.81
EPS Y1,696.82
Shares 57,870 57,870
Annual div nil Y2,500.00 nil

NOTE - Shinwa Art Auction Co Ltd is a major auction house..

If there is no Q1 or Q3 dividend, Q2 will in most cases
correspond to the first-half dividend and Q4 to the second-half
dividend announced before a new corporate law in 2006 allowed
companies to pay and report dividends on a quarterly basis.

For latest earnings estimates made by Toyo Keizai, please
double click on 2437.TK1.