Preliminary Report on Consolidated Sales Figures and Non-Consolidated Earnings Results
(First Quarter of Fiscal Year 2008)
DISCO Corporation today released a preliminary report of consolidated sales figures and non-consolidated earnings results for the first quarter (1Q) of fiscal year 2008. The official financial results for fiscal year 2008 will be reported on August 8, 2008 to the Tokyo Stock Exchange.
| 1. |
Quarterly Consolidated Sales Figure of Fiscal Year 2008 |
|
1Q |
2Q |
1H |
3Q |
4Q |
2H |
Full year |
|
Fiscal Year 2008
|
17,793 |
- |
- |
- |
- |
- |
- |
|
(Reference)
Fiscal Year 2007
|
19,979 |
26,161 |
46,140 |
23,301 |
22,175 |
45,477 |
91,618 |
|
YoY Change %
|
- 10.9% |
- |
- |
- |
- |
- |
- |
|
QoQ Change %
|
- 19.8% |
- |
- |
- |
- |
- |
- |
|
Forecast (As of May, 12th 2008)
|
- |
- |
45,300 |
- |
- |
- |
89,000 |
|
Achievement Ratio
|
- |
- |
39.3% |
- |
- |
- |
20.0% |
|
|
Consolidated sales of 17,793 million yen for the first quarter of 2008 were down 19.8% from the fourth quarter of 2007 and down 10.9% from the first quarter of 2007.
| 2. |
Quarterly Non-Consolidated Earnings Results of Fiscal Year 2008 |
|
1Q |
2Q |
1H |
3Q |
4Q |
2H |
Full year |
|
Sales
|
14,084 |
- |
- |
- |
- |
- |
- |
|
Operating Income
|
1,172 |
- |
- |
- |
- |
- |
- |
|
Operating Income Margin
|
8.3% |
- |
- |
- |
- |
- |
- |
|
Ordinary Profit
|
1,207 |
- |
- |
- |
- |
- |
- |
|
Ordinary Profit Margin
|
8.6% |
- |
- |
- |
- |
- |
- |
|
Net Income
|
752 |
- |
- |
- |
- |
- |
- |
|
Net Income Margin
|
5.3% |
- |
- |
- |
- |
- |
- |
|
|
| <Reference> Non-Consolidated Earnings Results of Fiscal Year 2007 |
(Million yen) |
|
1Q |
2Q |
1H |
3Q |
4Q |
2H |
Full year |
|
Sales
|
15,370 |
21,236 |
36,606 |
18,672 |
18,205 |
36,878 |
73,485 |
|
Operating Income
|
3,275 |
5,290 |
8,565 |
3,848 |
2,648 |
6,496 |
15,061 |
|
Operating Income Margin
|
21.3% |
24.9% |
23.4% |
20.6% |
14.5% |
17.6% |
20.5% |
|
Ordinary Profit
|
3,587 |
5,551 |
9,138 |
5,281 |
1,868 |
7,150 |
16,289 |
|
Ordinary Profit Margin
|
23.3% |
26.1% |
25.0% |
28.3% |
10.3% |
19.4% |
22.2% |
|
Net Income
|
2,074 |
2,830 |
4,904 |
3,174 |
1,897 |
5,071 |
9,976 |
|
Net Income Margin
|
13.5% |
13.3% |
13.4% |
17.0% |
10.4% |
13.8% |
13.6% |
|
|
| <Reference> Year-on-Year Change |
|
1Q |
2Q |
1H |
3Q |
4Q |
2H |
Full year |
|
Change in Sales
|
- 8.4% |
- |
- |
- |
- |
- |
- |
|
Change in Operating Income
|
- 64.2% |
- |
- |
- |
- |
- |
- |
|
Change in Ordinary Profit
|
- 66.3% |
- |
- |
- |
- |
- |
- |
|
Change in Net Income
|
- 63.7% |
- |
- |
- |
- |
- |
- |
|
|
Non-consolidated earnings results for the first quarter of 2008 were lower than expected figures which were announced May 12th, 2008. The achievement ratios were 17.8% in ordinary profit and 19.8% in net income respectively. The factors in these results were; precision processing equipment sales stagnated due to a slowdown of capital investment among our customers, mainly memory manufacturers, and sales administrative expenses increased especially in personal costs and R&D expenses because we accelerated our strategic investment for future growth.
|
Purpose of the Preliminary Report
DISCO Corporation makes preliminary reports on non-consolidated sales, earnings results, and consolidated sales as soon as they are tabulated. The preliminary reports intend to deliver real time information on financial results of our company to investors. The quarterly non-consolidated earnings results will not be disclosed at the official quarterly results; however, we disclose the figures as reference information in order to secure the company's management transparency. |
|
Contact: Keizo Sekiya
Phone: 81-3-4590-1099 |
|
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