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Kobayashi Pharmaceutical Reports Financial Results for the First Half Ended Sept. 30, 2007.

Publication: JCN Newswires
Publication Date: 22-NOV-07
Format: Online
Delivery: Immediate Online Access

Article Excerpt
Tokyo, Japan, Nov 22, 2007 - (JCN Newswire) - Kobayashi Pharmaceutical, Ltd. (TSE: 4967), a leading importer and distributor of medical equipment and pharmaceutical and consumer goods wholesaler, has announced consolidated financial results for the first half ended September 30, 2007.

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... Group continued aggressively with its "Creation and Innovation" management concept, invigorating existing markets by offering products and services with new added value. However, with the adsence of sales from the US subsidiary whose shares were sold last November, sales remained similar at 130,470 million yen, a slight decrease of 0.2% from the previous interim period.

Operating income rose marginally to 9,144 million yen, an increase of 0.1% over the previous interim period, while ordinary income decreased slightly to 7,994 million yen, an decrease of 0.8% on the previous period. Net income of 4,668 million yen represented a decrease of 4.4% from the previous interim period.

I. First Half Financial Summary (April 1, 2007 - Sept. 30, 2007)

(1) Consolidated Operating Results

(Millions of Yen)

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April 1 - Sept. 30, FY ended 2007 % 2006 % 3/31/07

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Net Sales 130,470 (0.2) 130,721 4.5 257,022 Operating Income 9,144 0.1 9,133 5.4 18,029 Ordinary Income 7,994 (0.8) 8,006 13.2 15,012 Net Income 4,668 (4.4) 4,881 37.2 8,297 Net Income per Share (Yen) 112.90 118.16 200.77 Net Income per Share, diluted (Yen) 112.77 117.98 200.47

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(2) Consolidated Financial Position

(Millions of Yen)

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As of Sept. 30, As of 2007 2006 3/31/07...

NOTE: All illustrations and photos have been removed from this article.

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