Kobayashi Pharmaceutical Reports Financial Results for the First Half Ended Sept. 30, 2007.
Publication Date: 22-NOV-07
Publication Title: JCN Newswires
Format: Online

Read this article now
Try Goliath Business News - FREE!

You can view this article PLUS...

  • Over 5 million business articles
  • Hundreds of the most trusted magazines, newswires, and journals (see list)
  • Premium business information that is timely and relevant
  • Unlimited Access

Now for a Limited Time, try Goliath Business News
Free for 7 Days!

Tell Me More   Terms and Conditions

Description

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.

The 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)

------------------------------------------------------------------------

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

------------------------------------------------------------------------

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

------------------------------------------------------------------------

(2) Consolidated Financial Position

(Millions of Yen)

------------------------------------------------------------------------

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

Access Full Article, Compliments of Goliath


More articles from JCN Newswires
New Edelman stakeholder study shows rising importance of PR in Japan., November 22, 2007
Fujitsu Reports Fiscal 2007 First-Half Financial Results; Sales Rise b..., November 22, 2007

Looking for additional articles?
Click here to search our database of over 3 million articles.