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November 16, 2004 |
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| Summary Report of Interim Business Results for the Term ending March 2005 (consolidated) |
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| Listed company:I-Net Corporation |
(Code 9600, Tokyo Stock Exchange, Second Section) |
| Location of company headquarters: KanagawaPrefecture |
| (URL: hhttp://www.inet.co.jp/) |
| Name and title of representative: Noriyoshi Ikeda, President |
| Contact: Kimio Ichikawa |
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| Director and Manager, Finance and Accounting Department TEL (045) 682-0801 |
| Date of convocation of Board of Directors meeting for interim business results:November 16, 2004 |
| Utilization of American accounting standards
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no |
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1. Consolidated performance for the interim term ending September 2004 (April 1 – Sept. 30, 2005) |
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(1) Consolidated business performance
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(Values less than ￥1 million are omitted.) |
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Sales |
Operating profit |
Ordinary profit |
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| Sept. 2004 interim term |
| Sept. 2003 interim term |
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￥mil. |
% |
11,758 |
0.3 |
11,718 |
△2.1 |
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| Term ending March 2004 |
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Interim term net profit |
Interim net profit per share |
Interim term net profit per share after latent stock adjustment |
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| Sept. 2004 interim term |
| Sept. 2003 interim term |
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| Term ending March 2004 |
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| Notes: |
1) |
Interim equity method investment profit/loss: Sept. 2004 interim term -, Sept. 2003 interim term –, term ending March 2004 - |
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2) |
Average number of shares during the term (consolidated)
Sept. 2004 interim term: 14,223,744, Sept. 2003 interim term: 14,396,647, term ending March 2004: 14,373,356
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3) |
Changes in accounting methods: no |
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4)
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The percentages indicated for sales, operating profit and interim term net profit represent the fluctuation rate compared to the same interim term in the previous year. |
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5)
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Net profit per share for the Sept. 2003 interim term after latent stock adjustment was posted to interim net loss and therefore is not noted. |
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(2) Consolidated financial conditions |
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Total assets |
Equity capital |
Equity ratio |
Equity capital per share |
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| Sept. 2004 interim term |
| Sept. 2003 interim term |
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| Term ending March 2004 |
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| Note: |
Number of outstanding shares as of the end of the term (consolidated)
Sept. 2004 interim term: 14,146,939, Sept. 2003 interim term: 14,396,577, term ending March 2004: 14,302,999
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(3) Consolidated cash flow conditions |
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Net cash provided by operating activities |
Net cash used in investing activities |
Net cash provided by (used in) financing activities |
Net change in cash and cash equivalents |
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| Sept. 2004 Interim term |
| Sept. 2003 Interim term |
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| Term ending March 2004 |
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| (4) |
Items relating to the scope of consolidation and equity method application
Number of consolidated subsidiaries: 3, number of affiliated companies to which the equity method does not apply: 0, number of affiliated companies to which the equity method applies: 0
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| (5) |
Changes in the scope of consolidation and equity method application
Consolidated (new): 0, (exempted): 0, equity method (new): 0, (exempted): 0
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2. Consolidated performance forecast for the term ending March 2005 (April 1. 2004 – March 31, 2005) |
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Sales |
Ordinary profit |
Net profit for the term |
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(Reference) Forecast net profit per share for the term (full business year): ￥28.98 |
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The above performance forecast was prepared based on information obtainable on the day of the announcement and actual performance may differ from the forecast figures due to various factors in the future. |
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