Close

TOP
News Releases

May 13, 2004

Summary Report on Financial Results (Consolidated)
for the Fiscal Year Ended March 31, 2004

List of Company Daiwabo Information System Co., Ltd. Listing Stock Exchange (Section)
Osaka Stock Exchange (1st)
Tokyo Stock Exchange (1st)
Code No. 9912
Location of Head Office 2-5, 3 chome, Hommachi, Chuo-ku, Osaka
(URL http://www.pc-daiwabo.co.jp/english/index.html)
Inquiry Section (Director & Manager of Financial Division)
Osamu Koyama PHONE +81-6-6281-1161
Date of the board of directors' meeting for the annual operation results: May 13, 2004
American accounting standard: Not applied

1. Business Results in the First Half of the Current Fiscal Year
(From April 1, 2003 to March 31, 2004)
(1) Financial Results (Fraction less than 1 million yen omitted)

Net Sales Operating Income Ordinary Income

Year Ended March 31, 2004
Year Ended March 31, 2003
million yen %
347,394 (3.8)
334,541 (6.1)
million yen %
3,800 (32.0)
2,879 (38.9)
million yen %
3,331 (27.0)
2,623 (28.8)


Net Income Net Income per Share Primary Net Income per Share Diluted Rate of Return on Equity Return on total Assets Ordinary Income on Sales

Year Ended
March 31, 2004
Year Ended
March 31, 2003
million yen %
1,605 (58.5)
1,012 (- 4.6)
yen sen
92 22
56 03
yen sen
- -
- -
%
5.9
3.8
%
2.6
2.0
%
1.0
0.8
Notes 1. Equity in earnings (losses) of affiliates:
Year ended March 31, 2004: -15 million yen
Year ended March 31, 2003: 10 million yen
  2. Average Number of Shares (Consolidated):
Year ended March 31, 2004: 16,351,714
Year ended March 31, 2003: 16,358,711
  3. Change in principal accounting policies: None*******
  4. Percentage change shows the ratio of increase or decrease in Net Sales, Operating Income, Ordinary income and Net Income for the year ended March 31, 2003 to those for the year ended March 31, 2003.

(2) Financial Positions

Total Assets Shareholders' Equity Ratio of Shareholders' Equity to Total Assets Shareholders' Equity per Share

Year Ended March 31, 2004
Year Ended March 31, 2003
million yen
133,192
122,912
million yen
27,873
26,609
%
20.9
21.7
yen sen
1,704 85
1,621 18
Note: Number of Shares Outstanding (consolidated)
Year ended March 31, 2004: 16,349,508
Year ended March 31, 2003: 16,354,048

(3) Cash Flows

Net Cash from Operating Activities Net Cash from Investing Activities Net Cash from Financing Activities Cash and Cash Equivalents at Term End

Year Ended March 31, 2004
Year Ended March 31, 2003
million yen
214
- 9,851
million yen
- 1,678
5,902
million yen
2,287
1,737
million yen
4,023
3,200
(4) Scope of Consolidation and Application of Equity Method
Consolidated Subsidiaries: 6 companies
Subsidiaries under Equity Method: None
Affiliates under Equity Method: 2 company

(5) Change in Scope of Consolidation and Application of Equity Method:
Consolidation: Increase None company, Decrease None company
Equity Method: Increase 1, Decrease None

2. Forecast for the Next Fiscal Year (From April 1, 2004 to March 31, 2005)

Net Sales Ordinary Income Net Income

6 Months Ending September 30, 2004
Year Ending March 31, 2005
million yen
172,000
374,000
million yen
1,300
4,500
million yen
550
2,200
Reference: Expected Net Income per Share for Year Ending March 31, 2005: 128.61 yen
The predictions presented above are based on information that could be obtained as of the date this material was announced and assumptions made as of the date this material was announced regarding uncertain factors that could affect future performance. Due to a variety of factors, actual results may differ greatly from these predictions.

Reference

Daiwabo Information System Co., Ltd.
Director of financial affairs section Osamu Koyama
PHONE +81-6-6281-1161
Fax +81-6-6258-2636

DAIWABO INFORMATION SYSTEM CO., LTD.