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May 12, 2006 |
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Summary of Individual Financial Statements for the Term ending March 2006
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Listed Corporate Name: I-Net Corp.
Tokyo Stock Exchange (1st Section)
Code No 9600
Location of company headquarters: KanagawaPrefecture
(URL: http://www.inet.co.jp/)
Representative: Representative Director and PresidentNoriyoshi Ikeda
Contact: Director Manager, Finance and Accounting DepartmentKimio Ichikawa
Phone #:+81-45-682-0801
Date of convocation of Board of Directors meeting for business results: May 18, 2006
Interim dividend program: yes
Scheduled date for the commencement of dividend payments: June 26, 2006
Date of regular General Meeting of Shareholders: June 23, 2006
Adoption of stock trading unit system: yes (1 trading unit = 100 shares)
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1. Business performance for the term ending March 2006 (April 1, 2005 – March 31, 2006)
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(1) Business performance
(Values less than \1 million are omitted.)
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Sales |
Operating profit |
Ordinary profit |
| March 2006 term
March 2005 term |
| ¥mil. |
% |
| 17,471 |
0.2 |
| 17,441 |
3.1 |
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| ¥mil. |
% |
| 1,310 |
13.0 |
| 1,159 |
43.1 |
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| ¥mil. |
% |
| 1,358 |
18.4 |
| 1,147 |
42.1 |
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Net profit for the term |
Net profit per share for the term |
Net profit per share for the term after latent stock adjustment |
Equity capital
Net profit margin for the term
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Total capital
Ordinary profit margin |
Sales
Ordinary profit margin |
March 2006 term
March 2005 term
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| ¥mil. |
% |
| 650 |
19.8 |
| 543 |
66.9 |
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Notes: 1) Average number of shares during the term
March 2006 term: 14,172,232, March 2005 term: 14,154,138
2) Changes in accounting methods: no
3) The percentages indicated for sales, operating profit, ordinary profit and net profit for the term represent the fluctuation rate compared to the previous term.
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(2)
Dividend conditions |
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Annual dividend per share |
Total dividend (annual) |
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Equity capital dividend rate |
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Interim |
Term end |
March 2006 term
March 2005 term
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¥ --.--
20.00
15.00 |
¥ --.--
7.50
0.00 |
¥ --.--
12.50
15.00
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¥mil.
285
210 |
%
43.6
39.1 |
%
3.6
2.9 |
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Note: Dividends for the term ending March 2006 consisted of ¥7.50 in ordinary dividends plus a special dividend of \5.00 to commemorate the company’s listing in the First Section of the Tokyo Stock Exchange.
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(3)
Financial conditions |
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Equity capital |
Equity ratio |
Equity capital per share |
March 2006 term
March 2005 term
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¥mil.
16,188
15,949 |
¥mil.
7,891
7,376 |
%
48.7
46.3 |
¥ --.--
550.51
525.44 |
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Notes: 1) Number of outstanding shares as of the end of the term
March 2006 term: 14,335,272, March 2005 term: 14,039,519
2) Number of shares of treasury stock at the end of the term
March 2006 term: 900,568, March 2005 term: 1,196,321
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2.
Performance forecast for the term ending March 2007 (April 1, 2006 – March 31, 2007) |
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Sales |
Ordinary profit |
Net profit of the term |
Annual dividend per share |
Interim |
Term end |
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Interim
Full business year
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¥mil.
8,750
18,580 |
¥mil.
460
1,410
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¥mil.
240
780 |
¥ --.--
10.00
- |
¥ --.--
-
10.00 |
¥ --.--
-
20.00
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(Reference) Forecast net profit per share for the term (full business year):¥54.41
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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