（Nov. 12, 2004）
Fuji Heavy Industries Ltd.
Fuji Heavy Industries Ltd.
<Reference for the First Half of FY2005(Apr. 2004 to Sep. 2004)
Non-Consolidated Financial Results>
(in 100 millions of yen)
(in thousands of units)
(in thousands of units)
| RESULTS 1st HALF of FY2004 Apr. 2003 to Sep. 2003 |
RESULTS 1st HALF of FY2005 Apr. 2004 to Sep. 2004 |
RESULTS FY2004 Apr. 2003 to Mar. 2004 |
FORECAST FY2005 Apr. 2004 to Mar. 2005 |
FORECAST FY2005 (May 2004) Apr. 2004 to Mar. 2005 |
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|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Sales Domestic Overseas |
4,551 2,144 2,407 |
4,864 2,183 2,680 |
6.9 % 1.8 % 11.4 % |
9,369 4,648 4,720 |
9,650 4,621 5,029 |
3.0 % △ 0.6 % 6.5 % |
9,850 5,030 4,820 |
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| Margin Percentage Operating Income |
3.2 % 144
|
4.1 % 199
|
37.9 % | 3.2 % 301
|
4.0 % 390
|
29.4 % | 3.6 % 355
| ||||||||||||
| Margin Percentage Ordinary Income |
3.6 % 162
|
3.5 % 168
|
4.1 % | 3.0 % 284
|
3.7 % 360
|
26.3 % | 3.4 % 330
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| Margin Percentage Net Income |
2.4 % 109
|
1.4 % 67
|
△ 39.0 % | 2.0 % 190
|
1.5 % 140
|
△ 26.4 % | 1.8 % 180
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| Factors of Change in Operating Income |
Gain factors
Loss factors
|
Gain factors
Loss factors
|
Gain factors
Loss factors
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| Foreign Exchange Rate YEN/US$ |
120 | 110 | 116 | 108 | 105 | ||||||||||||||
| Capital Investment | 200 | 108 | 327 | 280 | 320 | ||||||||||||||
| Depreciation and Amortization | 135 | 132 | 294 | 270 | 280 | ||||||||||||||
| R&D Expenses | 302 | 277 | 573 | 544 | 577 | ||||||||||||||
| Interest bearing debt | 1,359 | 1,468 | 1,368 | 1,400 | 1,550 | ||||||||||||||
| Performance of operation | Net Sales to increase Operation Income to increase Best Net Sales |
Net Sales to increase Operation Income to increase Best Net Sales |
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| Domestic Production Volume | 222 | 253 | 13.8 % | 465 | 487 | 4.6 % | 513 | ||||||||||||
| Domestic Sales Small Cars Minicars |
119 56 63 |
133 52 82 |
12.0 % △ 8.6 % 30.7 % |
262 119 144 |
276 110 166 |
5.4 % △ 7.3 % 16.0 % |
302 113 189 |
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| Export North America Europe Other |
97 56 21 20 |
114 60 27 27 |
17.1 % 7.2 % 27.3 % 33.3 % |
201 106 49 46 |
212 105 52 54 |
5.5 % △ 0.8 % 7.9 % 17.4 % |
214 119 49 46 |
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| Knock Down Parts | 46 | 58 | 27.4 % | 90 | 119 | 32.3 % | 121 | ||||||||||||