Chiyoda Announces Consolidated Financial Results for the Third Quarter of the Fiscal Year Ending March 31, 2011

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: February 14, 2011

(Millions of yen with fractional amounts discarded, unless otherwise noted)

1.	Consolidated performance for the Third quarter of the fiscal year ending March 31, 2011 (from April 1, 2010 to December 31, 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	%
3Q ended December 31, 2010	184,314	(16.7)	12,897	-	10,653	353.3	5,427	860.6
3Q ended December 31, 2009	221,310	(35.7)	(525)	-	2,349	(63.6)	565	(83.5)

	Net income per share	Fully diluted net income per share
	Yen	Yen
3Q ended December 31, 2010	20.94	-
3Q ended December 31, 2009	2.18	2.18

(2) Consolidated financial position
	Total assets	Net assets	Equity ratio	Net assets per share
	Millions of yen	Millions of yen	%	Yen
As of December 31, 2010	331,696	152,933	46.0	588.23
As of March 31, 2010	328,174	149,253	45.3	573.61

Reference:

Equity

As of December 31, 2010:

152,420 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 March 31, 2010	-	-	-	3.50		3.50
Fiscal year ending March 31, 2011	-	-	-
Fiscal year ending March 31, 2011 (Forecast)				5.00		5.00
Note: Revision of the forecast in the Third quarter of the fiscal year ending March 31, 2011: 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 yen	%	Millions of yen	%	Millions of yen	%	Millions of yen	%	Yen
Fiscal year ending March 31, 2011	240,000	(23.3)	16,000	840.0	13,000	168.7	4,000	35.4	15.43
Note: Revision of the forecasts in the Third quarter of the fiscal year ending March 31, 2011: None

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
(4)	Number of issued shares (common stock)
	a.	Total number of issued shares at the end of the period (including treasury stock)
		As of December 31, 2010	260,324,529 shares
		As of March 31, 2010	260,324,529 shares
	b.	Number of treasury stock at the end of the period
		As of December 31, 2010	1,204,834 shares
		As of March 31, 2010	1,117,239 shares
	c.	Average number of shares during the period (cumulative from the beginning of the fiscal year)
		For the Third quarter of the fiscal year ending March 31, 2011	259,185,548 shares
		For the Third quarter of the fiscal year ended March 31, 2010	259,330,800 shares

* Proper use of earnings forecasts, and other special directions

The forward-looking statements, including earnings forecasts, contained in these materials are based on information currently available to the Company and on certain assumptions deemed to be reasonable. Actual business and other results may differ substantially due to a number of factors.