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Financial Results of the First Quarter ended June 30, 2010 [Japan GAAP]
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July 30, 2010 |
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Corporate Name: I-NET CORP.
Stock Listing: Tokyo Stock Exchange 1st Section
Code No.: 9600 URL: http://www.inet.co.jp
Contact: Senior Manager, Finance and Accounting Department Masahiro Matsumoto
Phone #: +81-(0)45-682-0801
Scheduled date for filing of quarterly report: August 13, 2010
Scheduled date for divided payment: -
Quarterly earnings supplementary explanatory documents: No
Quarterly earnings presentation: No |
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(Values less than ¥1 million are omitted) |
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1. 1st Quarter consolidated performance for the term ending March 2011 (April 1, 2010 ~ June 30, 2010) |
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(1) Consolidated business performance(accumulating total) |
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(Percentages shown indicate year-on-year fluctuation rate for corresponding quarters) |
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Net sales |
Operating income |
Ordinary income |
Quarterly net incom |
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| 1st Qtr March 2011 term |
| 1st Qtr March 2010 term |
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¥ mil. |
% |
4,597 |
(7.6) |
4,977 |
(14.5) |
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Quarterly net income per share |
Quarterly net income per share after latent stock adjustment |
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| 1st Qtr March 2011 term |
| 1st Qtr March 2010 term |
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¥ --.--
(7.89)
(8.23) |
¥ --.--
―
― |
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(2) Consolidated financial conditions |
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Total assets |
Net assets |
Equity capital ratio |
Net assets per share |
1st Qtr March 2011 term
March 2010 term |
¥ mil.
20,476
21,326 |
¥ mil.
8,632
8,933 |
%
39.0
38.7 |
¥ --.--
561.50
581.47 |
| (Reference) Equity capital: |
1st Quarter ended June 30, 2010: ¥7,986 million |
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March 2010 term: ¥8,260 million |
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2. Dividend conditions |
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Dividend per share |
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1st Qtr term-end |
2st Qtr term-end |
3rd Qtr term-end |
Term-end |
Annual |
March 2010 term
March 2011 term |
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| March 2011 term (forecast) |
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10.00 |
― |
10.00 |
20.00 |
(Note) Changes in forecasts during the three months ended June 30, 2010:No |
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3. Consolidated performance forecast for the term ending March 2011 (April 1, 2010 ~ March 31, 2011) |
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(Percentages shown indicate period-over-period fluctuation rate for the full business year in comparison to the previous business year, and for the 2nd Quarter in comparison to the 2nd Quarter for the previous business year.) |
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Net sales |
Operating income |
Ordinary income |
Net income |
Net income per share for the term |
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| 2nd Quarter |
| Full business year |
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¥ mil. |
% |
10,140 |
(4.6) |
21,460 |
1.5 |
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¥ mil. |
% |
220 |
8.4 |
920 |
66.6 |
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¥ mil. |
% |
154 |
24.1 |
840 |
58.7 |
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¥ mil. |
% |
11 |
216.6 |
315 |
77.7 |
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(Note) Changes in forecasts during the three months ended June 30, 2010:No |
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4. Others
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(1) |
Significant transfers of subsidiaries during period (transfer of specific companies that will effect changes to the scope of consolidation) - No |
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(2) |
Application of accounting methods which are simplified or exceptional for quarterly consolidated financial statements:Yes |
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(3) |
Changes in significant accounting policies, procedures and presentation
Changes by revision of accounting standard : Yes
Changes other than the above : No
Note:Items to be disclosed in “Significant Changes in the Basis of Presenting Quarterly Consolidated Financial Statements” |
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(4) |
Number of issued shares (common stock)
| 1)Number of shares outstanding |
1st Qtr March 2011 term |
15,235,840 |
March 2010 term |
15,235,840 |
1st Qtr March 2011 term |
1,011,622 |
March 2010 term |
1,029,614 |
1st Qtr March 2011 term |
14,212,157 |
1st Qtr March 2010 term |
14,187,427 |
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| 2)Number of treasury stocks |
| 3) Average number of shares outstanding |
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[Indication of quarterly review procedure implementation status]
The quarterly earnings report is exempt from quarterly review procedure based upon the Financial Instruments and Exchange Act. It is under the review procedure process at the time of disclosure of this report.
[Descriptions concerning the Appropriate Utilization of Performance Forecasts, Other Items requiring Special Attention]
Performance forecasts are derived from judgments based on information available to I-NET CORP. at the time of announcement of this document. Consequent deviation from predicted values may occur due to changes in conditions arising from indeterminable internal or external factors. |
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