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

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: November 14, 2011

(Millions of yen with fractional amounts discarded, unless otherwise noted)
1. Consolidated performance for the second quarter of the fiscal year ending
March 31, 2012 (from April 1, 2011 to September 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	%
2Q ended September 30, 2011	109,551	(2.1)	6,448	21.0		6,547	116.5	3,162	9.6
2Q ended September 30, 2010	111,916	(32.0)	5,329	-		3,024	-	2,886	-
Note: Comprehensive Income: 2Q FY2011: 1,308 million yen (43.4%) ; 2Q FY2010: 2,314 million yen (- %)

	Net income per share	Fully diluted net income per share
	Yen	Yen
2Q ended September 30, 2011	12.21	-
2Q ended September 30, 2010	11.14	-

(2) Consolidated financial position
	Total assets	Net assets	Equity ratio
	Millions of yen	Millions of yen	%
As of September 30, 2011	321,948	154,187	47.7
As of March 31, 2011	353,392	155,758	43.9

Reference:

Equity

As of September 30, 2011: 153,634 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 second 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
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 second 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 September 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 September 30, 2011	1,231,247 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 Second quarter of the fiscal year ending March 31, 2012	259,097,734 shares
			For the Second quarter of the fiscal year ended March 31, 2011	259,196,265 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.