For the Year ended March 31, 2008
(*)Qualification: This is directly translated into English for the convenience
of readers, and all financial results with the accounting principles generally
accepted in Japan
Million yen
| [Consolidated] |
The Year ended March 31,2008 |
The Year ended March 31,2007
|
| Sales |
533,970 |
552,871 |
| Change from the previous year (%) |
▲3.4 |
— |
| Operating income |
7,231 |
16,544 |
| Change from the previous year (%) |
▲56.3 |
— |
| Ordinary income |
6,758 |
16,065 |
| Change from the previous year (%) |
▲57.9 |
— |
| Net income |
9,390 |
9,301 |
| Change from the previous year (%) |
1.0 |
— |
| Net income per share |
33.97yen |
33.64yen |
 |
| Total assets |
396,739 |
404,173 |
| Net assets |
128,029 |
127,351 |
| Net assets per share |
392.45yen |
404.59yen |
|
| Dividend |
10yen
(Interim 5yen,
Final 5yen) |
9yen
(Interim 4yen,
Final 5yen) |
Overview of the Year
The Company and its corporate group made a concerted effort to promote
the medium-term management policy named “New TGL Plan” (True
Global Links), which aimed to enhance its business field to a higher state-of-the-art
level and to improve the profitability of its business structure, as well
as reinforce its quality assurance system to ensure the delivery of safe
products that would satisfy every one of our customers.
Although every
one of our businesses were subject to price hikes of fuel, main and auxiliary
materials, and equipments/materials, passing on these cost onto sales
prices proved difficult due to structural factors; while King & Prince
Seafood Corp., the commercial precooked frozen seafood company, and the
aquaculture businesses in Chile and Indonesia also performed poorly. Consequently,
our operating results for the consolidated fiscal year under review were:
sales in the amount of 533,970 million yen, down 18,901 million yen (3.4%)
year-on-year; operating income of 7,231 million yen, down 9,313 million
yen (56.3%) year-on-year; and ordinary income of 6,758 million yen, down
9,307 million yen (57.9%) year-on-year.
In terms of extraordinary gains,
the gain on sales of fixed assets, including gains on sale of the former
site of the Harumi frozen food factory etc., the amount of 26,973 million
yen was recorded, and as extraordinary losses, impairment losses on goodwill
of King & Prince and losses on disposal
of fixed assets etc., the amount of 13,852 million yen were recognized.
As a consequence, net income was 9,390 million yen (up 89 million yen,
up 1.0% year-on-year).
The past data should look at IR
Library. IR
Library
