Chiyoda Announces Consolidated Financial Results for the First Quarter of the Fiscal Year Ending March 31, 2012

YOKOHAMA, Japan--()--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: August 15, 2011
Preparation of Quarterly Supplementary Explanation Material: Yes
Quarterly Financial Results Presentation Held: Yes (for Analysts and Institutional Investors)
 

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

 

1.   Consolidated performance for the First quarter of the fiscal year ending March 31, 2012

      (from April 1, 2011 to June 30, 2011)

(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   %
1Q ended June 30, 2011 55,384 3.6 4,447 52.8 4,772 275.0 1,618 23.8
1Q ended June 30, 2010   53,475   (35.3)   2,909   1.4   1,272   (66.9)   1,308   (37.2)

Note: Comprehensive Income: 1Q FY2011: 1,492 million yen (35.5%) ; 1Q FY2010: 1,101 million yen (- %)

 
    Net income per share  

Fully diluted net
income per share

Yen Yen
1Q ended June 30, 2011 6.25 -
1Q ended June 30, 2010   5.05   -
     

(2)  Consolidated financial position

  Total assets Net assets Equity ratio
Millions of yen Millions of yen %
As of June 30, 2011 334,570 154,391 46.0
As of March 31, 2011   353,392   155,758   43.9
Reference:   Equity   As of June 30, 2011:   153,850 million yen   As of March 31, 2011:   155,242 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, 2011

- - - 11.00 11.00

Fiscal year ending March
31, 2012

-        

Fiscal year ending March
31, 2012 (Forecast)

      -   -   10.00   10.00

Note: Revision of the forecast in the First quarter of the fiscal year ending March 31, 2012: None

 

3.   Consolidated earnings forecasts for the fiscal year ending March 31, 2012

       (from April 1, 2011 to March 31, 2012)

    (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

2Q ending
September 30, 2011

110,000 (1.7) 6,500 22.0 6,000 98.4 4,000 38.6 15.44

Fiscal year ending
March 31, 2012

  250,000   1.2   11,000   (37.3)   12,000   (23.7)   8,000   0.3   30.88

Note: Revision of the forecasts in the First quarter of the fiscal year ending March 31, 2012: None

 

4.   Others

(1)   Changes in Significant Subsidiaries during the Period (changes in specified subsidiaries accompanying changes in the scope of consolidation): None
(2) Adoption of Specified Accounting Methods for the Preparation of Quarterly Consolidated Financial Statements: None
 
(3) Changes in Accounting Policies and Accounting Estimates / Restatements

a. Changes in accounting policies due to revisions of accounting standards, etc.: None

b. Changes in accounting policies other than a. above: None

c. Changes in accounting estimates: None
d. Restatements: 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 June 30, 2011       260,324,529 shares    
As of March 31, 2011 260,324,529 shares
b. Number of treasury stock at the end of the period
As of June 30, 2011 1,225,017 shares
As of March 31, 2011 1,222,540 shares
c. Average number of shares during the period (cumulative from the beginning of the fiscal year)
For the First quarter of the fiscal year ending March 31, 2012 259,100,022 shares
For the First quarter of the fiscal year ended March 31, 2011 259,200,391 shares
* Presentation of Implementation Status of Quarterly Review Procedure
The review procedure of quarterly financial statements based on the Financial Instruments and Exchange Law has not been completed at the time of the disclosure of these Consolidated Financial Statements.
* 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.

Contacts

Chiyoda Corporation
Naoyuki Nakayama, +81-45-506-7538
General Manager
IR & Public Relations Office

Contacts

Chiyoda Corporation
Naoyuki Nakayama, +81-45-506-7538
General Manager
IR & Public Relations Office