| KIRIN BREWERY COMPANY, LIMITED |
August 10, 2004 |
SUMMARY OF CONSOLIDATED INTERIM FINANCIAL STATEMENTS
AS OF JUNE 30, 2004 (UNAUDITED)
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(English Translation)
Fiscal year ending December 31, 2004
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KIRIN BREWERY COMPANY, LIMITED
10-1, Shinkawa 2-chome, Chuo-ku, Tokyo, Japan (URL http://www.kirin.co.jp/english/) |
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Code No.: |
2503 |
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Shares Listed: |
Tokyo, Osaka, Nagoya, Fukuoka and Sapporo |
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Representative: |
Mr. Koichiro Aramaki, President |
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For further information, please contact: |
Mr. Hideo Mori, General Manager, |
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Communications Dept. |
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Telephone: 81- 3- 5540- 3450 from overseas |
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Date of the Board of Directors' Meeting for the semi-annual operation results:
August 10, 2004
Whether US GAAP is applied: None |
| 1. |
Business results and financial positions for the first half
of the current fiscal year |
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(January 1, 2004 - June 30, 2004) |
[Unit: Japanese yen (¥) ] |
| (1) Results of operations: |
(Fractions less than ¥1 million have been omitted.)
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Sales
(¥ millions) |
Percentage change
(%) |
Operating income
(¥ millions) |
Percentage change
(%) |
Ordinary income
(¥ millions) |
Percentage change
(%) |
| 6 months ended June 30, 2004 |
759,449 |
3.6 |
44,871 |
19.4 |
42,420 |
8.7 |
| 6 months ended June 30, 2003 |
732,812 |
0.7 |
37,576 |
11.2 |
39,015 |
29.0 |
| Year ended December 31, 2003 |
1,597,509 |
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101,555 |
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94,676 |
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Net income
(¥ millions) |
Percentage change
(%) |
Net income per share primary
(¥) |
Net income per share diluted
(¥) |
| 6 months ended June 30, 2004 |
14,227 |
2.1 |
14.73 |
- |
| 6 months ended June 30, 2003 |
13,931 |
35.0 |
14.42 |
- |
| Year ended December 31, 2003 |
32,395 |
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33.27 |
- |
| Notes : |
(1) |
Equity in earnings of affiliates: |
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June 30, 2004 |
¥ 653 million |
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June 30, 2003 |
¥ 2,479 million |
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December 31, 2003 |
¥(2,189) million |
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(2) |
Average number of shares of common stock outstanding during the
period(Consolidated): |
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June 30, 2004 |
966,033,979 shares |
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June 30, 2003 |
966,404,828 shares |
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December 31, 2003 |
966,305,073 shares |
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(3) |
Change in accounting policies: None |
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(4) |
Percentage change means the ratio of increase or decrease in each
item of business results for the 6 months ended June 30, 2004 to those for the
6 months ended June 30, 2003. |
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Total assets
(¥ millions) |
Shareholders' equity
(¥ millions) |
Ratio of shareholders' equity to total assets
(%) |
Shareholders' equity per share
(¥) |
| June 30, 2004 |
1,756,290 |
832,102 |
47.4 |
861.34 |
| June 30, 2003 |
1,712,634 |
780,951 |
45.6 |
808.16 |
| December 31, 2003 |
1,787,867 |
803,882 |
45.0 |
831.84 |
| Notes : |
Number of shares of common stock issued and outstanding (Consolidated): |
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June 30, 2004 |
966,052,951 shares |
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June 30, 2003 |
966,337,168 shares |
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December 31, 2003 |
966,091,780 shares |
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Cash flows
from operating activities
(¥ millions) |
Cash flows
from investing activities
(¥ millions) |
Cash flows
from financing activities
(¥ millions) |
Cash and cash equivalents
at end of period
(¥ millions) |
| 6 months ended June 30, 2004 |
23,102 |
(26,057) |
(19,955) |
106,866 |
| 6 months ended June 30, 2003 |
23,528 |
(35,737) |
(19,271) |
74,136 |
| Year ended December 31, 2003 |
118,430 |
(62,867) |
(30,018) |
129,978 |
| (4)Scope of consolidation and application of equity method : |
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Consolidated subsidiaries: |
311 companies |
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Subsidiaries applied by the equity method: |
- |
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Affiliates applied by the equity method: |
14 companies |
| (5)Changes in scope of consolidation and application of equity method : |
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Consolidation: |
Increase |
5 companies, |
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Decrease |
3 companies |
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Equity method: |
Increase |
1 company, |
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Decrease |
2 companies |
| 2. |
Forecast of business results for the current fiscal year (January
1, 2004-December 31, 2004) |
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Sales
(¥ millions) |
Ordinary income
(¥ millions) |
Net income
(¥ millions) |
| Year ending December 31, 2004 |
1,680,000 |
102,000 |
43,000 |
| Notes : |
Forecasted net income per share ¥ 44.25: |
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Forecasted operating income ¥ 106,000 million |
| Refer to Page 10 for the assumptions and other matters related
to the above forecast. |
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