Business News

Consolidated Results for the Nine Months Ended December 31, 2007

Wednesday 30. January 2008 - Consolidated Financial Highlights

Consolidated Financial Highlights
(Millions of yen, thousands of U.S. dollars, except for per share data)

Income statements and cash flows data
Nine months ended
December 31 Change Year ended
March 31, 2007 Nine months
ended December 31, 2007
2006 2007
Statements of Income Data:
Net sales 1,074,098 1,037,272 (3.4%) 1,416,032 $9,086,921
Operating income 46,325 55,711 20.3% 50,343 488,051
Income before income taxes and minority interest 40,096 54,778 36.6% 3,476 479,877
Net income (loss) 13,941 22,236 59.5% (7,094) 194,796

Statements of Cash Flows Data:
Cash flows from operating activities 90,788 62,821 (30.8%) 160,229 550,337
Cash flows from investing activities (64,584) (49,684) (23.1%) (76,419) (435,252)
Cash flows from financing activities (28,463) (48,533) 70.5% (30,150) (425,168)
Cash and cash equivalents at the end of the period 279,590 299,614 7.2% 334,873 2,624,739

Per Share Data:
Net income (loss) per share
-Basic
70.99 113.24 59.5% (36.13) $0.99
-Diluted
– – – % – $-

Balance sheets data
December 31 March 31, 2007 December 31, 2007
2006 2007
Total assets 1,328,049 1,255,120 1,284,412 $10,995,357
Equity 513,639 507,966 494,335 4,449,987
Shareholders’ equity 490,882 483,222 470,317 4,233,220
Shareholders’ equity ratio (%) 37.0% 38.5% 36.6% 38.5%
Shareholders’ equity per share 2,499.87 2,460.87 2,395.14 $21.56

Notes
The consolidated figures are prepared on the basis of accounting principles generally accepted in Japan, which are different in certain respects as to application and disclosure requirements of International Financial Reporting Standards, and are compiled from the consolidated figures prepared by the Company as required by the Financial Instruments and Exchange Law of Japan (formerly the Securities and Exchange Law of Japan).
Figures in the ‘Change’ column are comparisons with the same period of the previous year.
Diluted net income per share is presented only if there are dilutive factors present.
Shareholders’ equity is equity excluding minority interest in subsidiaries.
U.S. dollar amounts are included solely for the convenience of readers. These translations should not be construed as representations that the yen amounts actually represent, or have been or could be converted into U.S. dollars at that or any other rate. The rate of \114.15 = U.S.$1 at December 31, 2007 has been used for the purpose of presentation.