JFE Shoji : Financial Results for Fiscal Year 2016 ended March 31, 2017【PDF/213KB】

Financial Results for Fiscal Year 2016 ended March 31, 2017

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April 28th, 2017

1. FY2016 Accounts Settlement : Key Points

2. Consolidated Statements of Income

3. Consolidated Balance Sheet (Summary)

4. Consolidated Statement of Cash Flows (Summary)

5. Net Sales and Ordinary Income (Consolidated)

• Despite increasing sales volumes of steel products in China and

  ASEAN area, net sales decreased ¥85.4 billion down to ¥1,671 billion, due to falling prices of steel in domestic and overseas markets and appreciation of yen.

• Ordinary income increased ¥6.1 billion up to ¥21.8 billion, owing to profitability improvement of subsidiaries in USA,China and ASEAN area.

• Profit attributable to owners of parent increased ¥6.5 billion to ¥14 billion.

(Billions of yen)

FY2016	FY2015	Cumulative YoY change
		% change
Net sales	1671.0	1756.4	(85.4)	(5%)
Gross profit Gross profit margin	82.2 4.9%	77.4 4.4%	4.8 0.5%	6%
Selling, general and adm inistrative expenses	61.3	62.4	(1.1)	(2%)
Operating income	20.9	15.0	5.9	39%
Non-operating income	0.9	0.7	0.2
Ordinary income	21.8	15.7	6.1	39%
Extraordinary income (losses)	(0.7)	(2.3)	1.6
Income before income taxes	21.1	13.4	7.7	57%
Profit attributable to owners of parent	14.0	7.5	6.5	87%

● Net sales

Year-on-year decrease of ¥85.4 billion,to ¥1,671 billion.

● Ordinary income

Year-on-year increase of ¥6.1 billion,to ¥21.8 billion.

● Profit attributable to owners of parent

Year-on-year increase of ¥6.5 billion,to ¥14billion.