Financial Highlights
| JFE Holdings, Inc.,
and consolidated subsidiaries |
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Millions of yen
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 |
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Year ended March 31, 2003 |
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| For the year: |
Net sales |
¥2,426,886
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|
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Operating income |
146,879
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Ordinary income |
104,670
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Net income |
15,951
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| At year-end: |
Total assets |
3,831,643
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|
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Total shareholders' equity |
594,563
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Debt outstanding |
2,057,105
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| Ratios: |
Return on sales (1) |
4.3%
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Return on assets (2) |
3.7%
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Return on equity (3) |
2.7%
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Debt-to-equity (4) |
346.0%
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(1) |
Return on sales = ordinary income/net
sales x 100 |
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(2) |
Return on assets = (ordinary income + interest and discount expenses)/total
assets x 100 |
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(3) |
Return on equity = net income/total
shareholders' equity x 100 |
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(4) |
Debt-to-equity = debt outstanding/total shareholders' equity |
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