Preliminary Report on Consolidated Sales Figures and Non-Consolidated Earnings Results
(Fourth Quarter of Fiscal Year 2008)
DISCO Corporation today released a preliminary report of consolidated sales figures and non-consolidated earnings results for the fourth quarter (4Q) of fiscal year 2008. The official financial results for the fourth quarter of fiscal year 2008 will be reported on May 15, 2009 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 |
17,703 |
35,497 |
11,110 |
6,426 |
17,537 |
53,034 |
|
(Reference)
Fiscal Year 2007
|
19,979 |
26,161 |
46,140 |
23,301 |
22,175 |
45,477 |
91,618 |
|
YoY Change %
|
- 10.9% |
- 32.3% |
- 23.1% |
- 52.3% |
- 71.0% |
- 61.4% |
- 42.1% |
|
QoQ Change %
|
- 19.8% |
- 0.5% |
- |
- 37.2% |
- 42.2% |
- |
- |
|
Forecast
(As of January 21st, 2009)
|
- |
- |
- |
- |
- |
- |
54,000 |
|
Achievement Ratio
|
- |
- |
- |
- |
- |
- |
98.2% |
|
|
Consolidated sales of 6,426 million yen for the fourth quarter of 2008 were down 42.2% from the third quarter of 2008 and down 71.0% down from the fourth quarter of 2007. The achievement ratio for the full year consolidated sales of 53,034 million yen was 98.2% against the previous forecast which was announced on January 21st.
| 2. |
Quarterly Non-Consolidated Earnings Results of Fiscal Year 2008 |
|
1Q |
2Q |
1H |
3Q |
4Q |
2H |
Full year |
|
Sales
|
14,084 |
13,916 |
28,000 |
7,698 |
4,686 |
12,384 |
40,384 |
|
Operating Income
|
1,172 |
1,290 |
2,462 |
- 1,490 |
- 2,777 |
- 4,268 |
- 1,806 |
|
Operating Income Margin
|
8.3% |
9.3% |
8.8% |
- 19.4% |
- 59.3% |
- 34.5% |
- 4.5% |
|
Ordinary income
|
1,207 |
2,436 |
3,643 |
- 1,520 |
- 1,920 |
- 3,440 |
202 |
|
Ordinary income Margin
|
8.6% |
17.5% |
13.0% |
- 19.7% |
- 41.0% |
- 27.8% |
0.5% |
|
Net Income
|
752 |
1,621 |
2,373 |
- 950 |
- 1,789 |
- 2,740 |
- 366 |
|
Net Income Margin
|
5.3% |
11.6% |
8.5% |
- 12.4% |
- 38.2% |
- 22.1% |
- 0.9% |
|
|
| <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 income
|
3,587 |
5,551 |
9,138 |
5,281 |
1,868 |
7,150 |
16,289 |
|
Ordinary income 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% |
- 34.5% |
- 23.5% |
- 58.8% |
△74.3% |
△66.4% |
△45.0% |
|
Change in Operating Income
|
- 64.2% |
- 75.6% |
- 71.3% |
- |
- |
- |
- |
|
Change in Ordinary income
|
- 66.3% |
- 56.1% |
- 60.1% |
- |
- |
- |
△98.8% |
|
Change in Net Income
|
- 63.7% |
- 42.7% |
- 51.6% |
- |
- |
- |
- |
|
|
Non-consolidated earnings results for the fourth quarter of 2008 were an operating loss of 2,777 million yen due to significant decline in sales. The ordinary loss of 1,920 million yen was improved compared to the operating loss. This is attributable to the dividend payments by the consolidated subsidiaries and a subsidy from Hiroshima Prefecture for plant construction.
In the full year consolidated earnings results, the operating loss of 1,806 million yen improved by 494 million, ordinary income of 202 million yen improved by 102 million yen, and net loss of 366 million yen improved by 434 million from the previous forecast announced on January 21st. These are attributable to compression of personnel costs by a company-wide reduction in overtime work, implementation of temporary furloughs, and an employment adjustment among temporary staff, as well as effort to saving on each and every cost.
|
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 are intended to deliver real time information on financial results of our company to investors. The above forecast of financial results is based on certain information available to the Company at the time of announcement, and actual operating results may differ from the forecast due to various factors. |
|
Contacts: |
Shinichiro Ozawa / Hiroyuki Yoshida
Investor Relations Office
Phone: +81-3-4590-1099 |
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