KIRIN
BREWERY COMPANY, LIMITED
SUMMARY OF CONSOLIDATED FINANCIAL RESULTS FOR THE 9 MONTHS
ENDED SEPTEMBER 30, 2003 (UNAUDITED)
(English Translation)
Fiscal year ending December 31, 2003
|
November
11, 2003
|
KIRIN BREWERY COMPANY,
LIMITED
10-1, Shinkawa 2-chome, Chuo-ku, Tokyo, Japan (URL http://www.kirin.co.jp/english/) |
| |
Code No.: |
2503 |
| |
Shares Listed: |
Tokyo, Osaka,
Nagoya, Fukuoka and Sapporo |
| |
Representative: |
Mr. Koichiro Aramaki, President |
| |
For further
information, please contact: |
Mr. Hideo
Mori, Executive officer, |
| |
|
General
Manager of Communications Dept. |
| |
|
Telephone:
81- 3- 5540- 3450 from overseas |
1. |
Items pertaining to preparation of quarterly consolidated statements of income,
etc. |
| |
Whether US GAAP is applied:
None |
| |
Change in accounting
policies: Yes (Please see “SEGMENT INFORMATION”) |
| |
Changes in scope of consolidation
and application of equity method: |
| |
Consolidation
: Increase 1 company |
| |
Equity
method : Decrease 1 company |
| |
|
| 2. |
Business results and
financial positions for the 9 months (January 1, 2003 - September 30, 2003) |
| |
[Unit:
Japanese yen (¥) ]
|
| (1) Results of operations: |
(Fractions
less than ¥1 million have been omitted.)
|
| |
Sales
(¥ millions)
|
Percentage
change
(%)
|
Operating
income
(¥ millions)
|
Percentage
change
(%)
|
Income
before
extraordinary items
(¥ millions)
|
Percentage
change
(%)
|
| 9 months ended
September 30,2003 |
1,173,527
|
0.1
|
81,879
|
5.2
|
78,113
|
6.5
|
| 9 months ended
September 30,2002 |
1,172,292
|
0.9
|
77,857
|
25.7
|
73,342
|
24.1
|
| Year ended
December 31, 2002 |
1,583,248
|
|
89,789
|
|
84,443
|
|
| |
Net income
(¥ millions)
|
Percentage
change
(%)
|
Net income
per share
primary
(¥)
|
Net income
per share
diluted
(¥)
|
| 9 months ended
September 30,2003 |
34,870
|
13.0
|
36.08
|
36.07
|
| 9 months ended
September 30,2002 |
30,857
|
29.2
|
31.44
|
-
|
| Year ended
December 31, 2002 |
32,540
|
|
33.26
|
-
|
| Notes : |
Percentage change means
the ratio of increase or decrease in each item of business results for the 9 months
ended September 30, 2003, to those for the 9 months ended September 30, 2002. |
| |
Total
assets
(¥ millions)
|
Shareholders'
equity
(¥ millions)
|
Ratio
of shareholders'
equity to total assets
(%)
|
Shareholders'
equity per share
(¥)
|
| September 30, 2003 |
1,746,930
|
801,875
|
45.9
|
829.90
|
| September 30, 2002 |
1,716,697
|
783,015
|
45.6
|
804.39
|
| December 31, 2002 |
1,744,131
|
769,227
|
44.1
|
795.71
|
| |
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)
|
| 9 months ended September
30,2003 |
72,100
|
(49,345)
|
(8,832)
|
118,748
|
| 9 months ended September
30,2002 |
52,210
|
(156,693)
|
71,799
|
110,823
|
| Year ended December 31,
2002 |
87,750
|
(175,377)
|
50,699
|
105,625
|
| 3. |
Forecast
of business results for the current fiscal year (January 1, 2003-December 31,
2003) |
| |
Sales
(¥ million)
|
Income
before
extraordinary items
(¥ million)
|
Net income
(¥ million)
|
Net income
Per share
(¥)
|
| Year ending December 31,
2003 |
1,610,000
|
87,000
|
33,000
|
34.15
|
Note: Forecasted operating income ¥90,000 million |
