Nishimatsu Construction Co., Ltd.
Logo2 Financial Results

Consolidated 

Financial Results (abstract)

as of 31st March, 2008

Nishimatsu Construction Co., Ltd.

 Consolidated

Millions of Yen
Millions of Yen
Thousands of
U.S. Dollars
(1) Result of Operations
March 2007
March 2008
March 2008
       
Net Sales 492,526 432,694 4,318,734
Income from Operations 5,516 4,027 40,199
Ordinary Profit 6,474 3,522 35,159
Net Income -7,466 -2,955 -29,501
       
       
Per Share of Common Stock      
Net Income -26.91 yen -10.65 yen -0.106 dollars
Cash Dividends Applicable to the Year 9.00 yen 9.00 yen 0.090 dollars
       
       
(2) Assets and Equity      
       
Total Assets 713,713 649,079 6,478,482
Total Net Assets 195,181 168,543 1,682,238
Net Assets/Assets Ratio (%) 27.3% 25.9% 25.9%
Net Assets per Share (in yen) 703.26 yen 605.83 yen 6.047 dollars
       
       
(3) Cash Flows      
       
Cash flows from operating activities -17,411 10,929 109,090
Cash flows from investing activities 14,058 1,656 16,535
Cash flows from financing activities -344 -23,061 -230,181
Cash balance as of 31st March 2008 84,973 72,620 724,825


 
(4) Forecast for Fiscal Year 2008
First Half of the
 Year
Whole Year
     
Net Sales 184,000 494,000
Income from Operations 0 10,000
Ordinary Profit 500 11,000
Net Income 100 5,000
Net Income per Share 0.36 yen 18.02 yen
Cash Dividends Applicable to the Year -     9.00 yen


Issued and Outstanding Number of Shares:   277,957,513 Shares (31st March 2008)
                                                                             277,957,513 Shares (31st March 2007)
 

Non-Consolidated

Millions of Yen

Millions of Yen

Thousands of
U.S. Dollars

(1) Result of Operations
March 2007
March 2008
March 2008
       
Net Sales 476,222 414,036 4,132,514
Income from Operations 4,592 2,122 21,186
Ordinary Profit 5,772 1,729 17,267
Net Income -7,362 -3,238 -32,323
       
       
Per Share of Common Stock      
Net Income -26.53 yen -11.67 yen -0.116 dollars
       
       
(2) Assets and Equity      
       
Total Assets 692,764 623,579 6,223,971
Total Net Assets 191,122 163,692 1,633,817
Net Assets/Assets Ratio (%) 27.6% 26.3% 26.3%
Net Assets per Share (in yen) 688.80 yen 590.08 yen 5.890 dollars

 

(3) Forecast for Fiscal Year 2008
First Half of the
 Year
Whole Year
     
Net Sales 177,000 476,000
Income from Operations -500 9,000
Ordinary Profit 0 10,000
Net Income 0 4,500
Net Income per Share 0.00 yen 16.22 yen

 

Note 1: Figures in US$ in this report are converted from yen at the rate of 100.19JPY=US$1.00, the rate prevailing on 31st March 2008, for the readers' convenience only.
Note 2: The accounting policy for the Net Sales from Contracts Completed has been changed from a completion basis to a percentage of completion basis for contracts that were awarded after 1st April, 2006 with a construction period exceeding 1year and a contract sum of more than 100 million Japanese Yen.  
Note 3: Please note that the above business forecast is based on information available at the time of the Financial Results, so there is a possibility of change due to various factors.

Copyright © 2008 Nishimatsu Construction Co., Ltd. All Rights Reserved.