Preliminary Report on Non-Consolidated Earnings Results and Consolidated Sales Figures
(Fourth Quarter of Fiscal Year 2007)
DISCO Corporation today released a preliminary report of non-consolidated earnings results and consolidated sales figures for the fourth quarter (4Q) and full year of fiscal year 2007. The official financial results for the fourth quarter and full year of fiscal year 2007 and will be reported on May 12, 2008 to Tokyo Stock Exchange.
| 1. |
Quarterly Non-Consolidated Earnings Results of Fiscal Year 2007 |
|
1Q |
2Q |
1H |
3Q |
4Q |
2H |
Full year |
|
Sales
|
15,370 |
21,236 |
36,606 |
18,672 |
18,205 |
36,878 |
73,485 |
|
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% |
|
Earnings per Share (Yen)
|
61.05 |
83.29 |
144.34 |
93.41 |
55.85 |
149.28 |
293.65 |
|
|
| <Reference> Non-Consolidated Earnings Results of Fiscal Year 2006 |
(Million yen) |
|
1Q |
2Q |
1H |
3Q |
4Q |
2H |
Full year |
|
Sales
|
15,865 |
17,185 |
33,051 |
18,339 |
19,441 |
37,781 |
70,832 |
|
Ordinary Profit
|
3,912 |
5,315 |
9,227 |
5,830 |
3,980 |
9,810 |
19,038 |
|
Ordinary Profit Margin
|
24.7% |
30.9% |
27.9% |
31.8% |
20.5% |
26.0% |
26.9% |
|
Net Income
|
2,358 |
3,274 |
5,633 |
3,538 |
1,589 |
5,128 |
10,761 |
|
Net Income Margin
|
14.9% |
19.1% |
17.0% |
19.3% |
8.2% |
13.6% |
15.2% |
|
Earnings per Share (Yen)
|
69.64 |
96.59 |
166.16 |
104.37 |
46.85 |
151.14 |
317.18 |
|
|
| <Reference> Year-on-Year Change |
|
1Q |
2Q |
1H |
3Q |
4Q |
2H |
Full year |
|
Change in Sales
|
- 3.1% |
23.6% |
10.8% |
1.8% |
- 6.4.% |
- 2.4% |
3.7% |
|
Change in Ordinary Profit
|
- 8.3% |
4.5% |
- 1.0% |
- 9.4% |
- 53.0% |
- 27.1% |
- 14.4% |
|
Change in Net Income
|
- 12.1% |
- 13.6% |
- 12.9% |
- 10.3% |
19.4% |
- 1.1% |
- 7.3% |
|
|
The achievement percentage of non-consolidated earnings results for the full year of 2007 against the previous forecast (announced in February 1st, 2008) were 89.5% in ordinary profit and 92.4% in net income. The differentials in operating profit brought about weaker-than-expected sales as our customer postponed their capital investments reflecting stagnated semiconductor market and depreciated oversea sales by exchange fluctuation. We also posted exchange loss in the non-operating expense item caused by abrupt appreciation in the yen in the fourth quarter.
| 2. |
Quarterly Consolidated Sales Figure of Fiscal Year 2007 |
|
1Q |
2Q |
1H |
3Q |
4Q |
2H |
Full year |
|
Fiscal Year 2007
|
19,979 |
26,161 |
46,140 |
23,301 |
22,175 |
45,477 |
91,618 |
|
(Reference)
Fiscal Year 2006
|
18,724 |
21,101 |
39,825 |
22,541 |
23,793 |
46,335 |
86,160 |
|
YoY Change %
|
6.7% |
24.0% |
15.9% |
3.4% |
- 6.8% |
- 1.9% |
6.3% |
|
QoQ Change %
|
- 16.0% |
30.9% |
- |
- 10.9% |
- 4.8% |
- |
- |
|
|
Consolidated net sales of 22,175 million yen for the fourth quarter of 2007 were down 4.8% from the third quarter of 2007 and down 6.8% from the fourth quarter of 2006. For the full year 2007, net sales were a record high of 91,618 million yen. However, the sales did not reach the previous forecast amount (94,500 million yen) by 3.0%, announced on February 1st, 2008. The drop in sales brought about weaker-than-expected non-consolidated sales as we announced on April 1st, 2008 and depreciated oversea sales amount due to exchange fluctuation.
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. |
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Contact: Keizo Sekiya
Phone: 81-3-4590-1099 |
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