<Reference
for the First Half of FY2004(Apr. 2003 to Sep. 2003)
Non-Consolidated Financial Results>
(Nov. 17 ,2003)
Fuji Heavy Industries Ltd.
(in
100 millions of yen)
(in thousands of units) |
RESULTS
1st HALF ofFY2003
Apr. 2002 to Sep.
2002 |
RESULTS
1st HALF of FY2004
Apr. 2003 to Sep. 2003 |
RESULTS
FY2003
Apr. 2002 to Mar.
2003 |
FORECAST
FY2004
Apr.
2003 to Mar. 2004 |
FORECAST
FY2004
(May 2003)
Apr.
2003 to Mar. 2004 |
Net
Sales
Domestic
Overseas |
4,440
2,043
2,397 |
4,551
2,144
2,407 |
2.5%
5.0%
0.4% |
9,122
4,325
4,796 |
9,400
4,740
4,660 |
3.0%
9.6%
△2.9% |
9,600
4,900
4,700 |
Margin
Percentage
Operating Income |
|
|
△41.2% |
|
|
△38.2% |
|
Margin
Percentage
Ordinary Income |
|
|
△29.5% |
|
|
△35.4% |
|
Margin
Percentage
Net Income |
|
|
7.5% |
|
|
0.6% |
|
Factors
of Change
in Operating Income |
|
Gain factors |
|
Reduction in cost |
71 |
|
|
Loss factors |
|
Increase of expenses and others |
78 |
Foreign exchange |
57 |
Decrease in sales mix |
27 |
Increase in R&D expenses |
10 |
|
|
Gain factors |
|
Reduction in cost |
143 |
Decrease in R&D expenses |
18 |
|
|
Loss factors |
|
Increase of expenses and others |
144 |
Foreign exchange |
135 |
Decrease in sales mix |
73 |
|
Gain factors |
|
Reduction in cost |
125 |
Increase in sales mix |
100 |
|
|
Loss factors |
|
Increase of expenses and others |
164 |
Foreign exchange |
130 |
Increase in R&D expenses |
22 |
|
Foreign
Exchange Rate
YEN/US$ |
126 |
120 |
|
124 |
116 |
|
118 |
Capital
Investment |
134 |
200 |
|
346 |
350 |
|
450 |
Depreciation
and Amortization |
125 |
135 |
|
270 |
290 |
|
300 |
R&D
Expenses |
292 |
302 |
|
598 |
580 |
|
620 |
Interest
bearing debt |
1,482 |
1,359 |
|
1,459 |
1,450 |
|
1,550 |
Performance
of operation |
|
Net
Sales to increase
Operation
Income to decrease
Best
Net Sales |
|
Net
Sales to increase
Operation
Income to decrease
Best Net Sales |
|
Domestic
Production Volume |
213 |
222 |
4.3% |
440 |
460 |
4.7% |
462 |
Domestic
Sales
Small Cars
Minicars |
121
49
72 |
119
56
63 |
△1.5%
15.5%
△13.0% |
252
104
148 |
263
119
144 |
4.5%
14.6%
△2.7% |
271
127
144 |
Export |
98 |
97 |
△0.4% |
196 |
199 |
1.4% |
196 |
Knock
Down Parts |
53 |
46 |
△13.3% |
108 |
92 |
△14.2% |
108 |
|