| Notes: |
(1) |
Ordinary income = Operating income+non-operating income – non-operating expenses |
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(2) |
Ordinary income before interest and discount expenses = Ordinary income + Interest and discount expenses |
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(3) |
Free cash flows = Cash flows from operating activities + cash flows from investing activities |
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(4) |
The amounts of crude steel output by former Kawasaki Steel were on a non-consolidated basis |
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(5) |
Return on sales (ROS) = Ordinary income/Net sales x 100 |
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(6) |
Return on assets (ROA) = (Ordinary income+interest and discount expenses) /total assets* x 100
*(Total assets at beginning of term + total assets at end of term)/2 |
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(7) |
Return on equity (ROE) = Net income/total shareholders' equity** x 100
**(Total shareholders' equity at beginning of term+total shareholders' equity at end of term)/2 |
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(8) |
Debt-to-equity ratio = debt outstanding/total shareholders' equity x 100 |
