(Rounded down to million yen)
1. Consolidated business results for the fiscal year ended March 2011 (April 1, 2010 - March 31, 2011)
(% change from the previous
(1) Consolidated results of operations corresponding period)
--------------------------------------------------------------------------------------------------------------------------------
Net sales Operating income Ordinary income Net income
--------------------------------------------------------------------------------------------------------------------------------
Million Million
Million yen % Million yen % yen % yen %
March 2011 57,880 83.5 6,931 885.4 6,290 -- 4,483 --
March 2010 31,541 (13.9) 703 (74.8) 524 (75.0) 156 (79.0)
--------------------------------------------------------------------------------------------------------------------------------
(Note) Comprehensive income:
Fiscal year ended March 2011: 2,726 million yen (310.8%)
Fiscal year ended March 2011: 663 million yen (--)
--------------- ------ ------- ------ -------- ---------
Diluted Ratio of
Net net ordinary Ratio ofincome income Return income operating
per per on to total income to
share share equity assets net sales --------------- ------ ------- ------ -------- ---------
Yen Yen
------- % % %
March 2011 180.63 175.66 19.2 11.5 12.0
March 2010 6.58 -- 0.8 1.1 2.2
--------------- ------ ------- ------ -------- ---------
(Reference) Investment earnings/loss on equity-method:
Fiscal year ended March 2011: 37 million yen
Fiscal year ended March 2010: 0 million yen
(2) Consolidated financial position
-----------------------------------------------------------------------------------------Net
Shareholders' assets
Total equity per
assets Net assets ratio share
---------------------------------------- ----------- ----------- ------------- ------
---------------------------------------- Million yen Million yen % Yen
March 2011 61,499 25,564 40.1 986.60
March 2010 47,963 22,581 46.1 892.19
---------------------------------------- ----------- ----------- ------------- ------
(Reference) Shareholders' equity:
Fiscal year ended March 2011: 24,660 million yen
Fiscal year ended March 2010: 22,129 million yen
(3) Consolidated results of cash flows
----------------------------------------------------------
Cash and
Cash flows Cash flows Cash flows cash
from from from equivalents
operating investing financing at the endactivities activities activities of period ----- ----------- ------------ ----------- -----------
----- Million yen Million yen Million yen Million yen
March
2011 1,832 (4,419) 4,505 7,310 March 2010 2,374 (1,521) (459) 5,867 ----- ----------- ------------ ----------- ----------- 2. Dividends -------------------------------------------------------------------------------------------------------------------
Rate of total
dividend to
Total Dividend net
dividend payout ratio assets
Annual dividend (Total) (Consolidated) (Consolidated) ---------------------------------- ------------------------------------- -------- -------------- --------------
End End
End of of of
1Q 2Q 3Q Year-end Annual
---------------------------------- -------- ---- --- -------- ------Million
Yen Yen Yen Yen Yen yen % %
Fiscal year ended Mar. 2010 -- 0.00 -- 12.00 12.00 297 182.4 1.4
Fiscal year ended Mar. 2011 -- 0.00 -- 20.00 20.00 499 11.1 2.1
---------------------------------- -------- ---- --- -------- ------ -------- -------------- --------------
Fiscal year ending Mar. 2012
(forecast) -- 0.00 -- 20.00 20.00 10.4
---------------------------------- -------- ---- --- -------- ------ -------- -------------- --------------
(Note) Breakdown of year-end dividend for fiscal 2011 Ordinary
dividend: Yen 18.00 Commemorative dividend for the 30th anniversary of our establishment: Yen 2.00
3．Forecast of consolidated business results for the fiscal year ending March 2012
(April 1, 2011 - March 31, 2012) (% change from the previous year)
--------------------------------------------------------------------------------------------------------------------------------Net
income
per
Net sales Operating income Ordinary income Net income share --------------------------------------------------------------------------------------------------------------------------------
Million
---------------------------------------- Million yen % Million yen % Million yen % yen % Yen
First half 33,600 41.4 3,680 64.0 3,500 84.9 2,400 78.4 92.47
Full year 70,000 20.9 7,500 8.2 7,200 14.5 5,000 11.5 192.66
--------------------------------------------------------------------------------------------------------------------------------
4. Others
(1) Changes in significant subsidiary during the period (changes in specified subsidiary accompanying changes in the scope of
consolidation): Yes
New: 1 (company name) Hangzhou Solartech Co., Ltd. Excluded: --
(2) Changes in rules, procedures and indication methods of accounting process
(1) Changes due to revision of accounting standards: Yes
(2) Changes other than (1): None
(3) Shares outstanding (common stock)
(1) Number of shares outstanding at the end of period (treasury stock
included)
Fiscal year ended March 2011 25,088,592 shares
Fiscal year ended March 2010 24,897,022 shares
(2) Treasury stock at the end of period:
Fiscal year ended March 2011 93,344 shares
Fiscal year ended March 2010 93,344 shares
(3) Average number of stock during period (cumulative period)
Fiscal year ended March 2011 24,820,473 shares
Fiscal year ended March 2010 23,754,394 shares
(Reference) Summary of non-consolidated business results
1. Non-consolidated business results for the fiscal year ended March
2011
(April 1, 2010 - March 31, 2011)(% change from the previous
(1) Non-consolidated results of operations year)
--------------------------------------------------------------------------------------------------------------------------------
Net sales Operating income Ordinary income Net income
--------------------------------------------------------------------------------------------------------------------------------
Million Million
Million yen % Million yen % yen % yen %
March 2011 19,300 27.1 1,166 781.7 1,979 126.9 1,421 126.1
March 2010 15,181 10.0 132 -- 872 (23.9) 628 74.5
--------------------------------------------------------------------------------------------------------------------------------
----------------------
Diluted
Net net income income
per per
share share ----- ------ -------
Yen Yen March 2011 57.26 55.93
March
2010 26.47 --
----- ------ -------
(2) Non-consolidated financial position
------------------------------------------------------
Net
Shareholders' assets
Total equity per
assets Net assets ratio share
----- ----------- ----------- ------------- ------
----- Million yen Million yen % Yen
March
2011 36,834 22,743 61.7 909.90
March
2010 31,015 21,424 69.1 863.76
----- ----------- ----------- ------------- ------
(Reference) Shareholders' equity:
Fiscal year ended March 2011: 22,743 million yen
Fiscal year ended March 2010: 21,424 million yen
* Implementation status of auditing procedure
This financial summary is not subject to auditing procedure pursuant to the Financial Instruments and Exchange Act. At the time of disclosure of this report, the auditing procedure of financial statements pursuant to the Financial Instruments and Exchange Act has not been completed.
* Explanation regarding appropriate use of business forecasts and other special instructions)
Forecasts regarding future performance in this material are based on information currently available to the Company and certain assumptions that the Company deems to be reasonable at the time this report was prepared. Actual results may differ significantly from the forecasts due to various factors.
CONTACT: Takeru Yamamura, Director
T E L: +81-3-3281-8186