| | Fiscal Year Ended March 31, 2004 |
(Reference)
Fiscal Year Ended
March 31, 2003 |
Year on Year |
| |
| Net Sales |
| |
| Operating income |
| |
| Operating income excluding gain
due to transfer of the governmental welfare component |
| |
| Income before income taxes |
| |
| Net income |
| |
|
In billions of
yen |
% of net
sales |
| 711.9 |
100.0 |
| |
|
| 56.4 |
7.9 |
| |
|
54.5
|
7.7 |
| |
|
| 44.3 |
6.2 |
| |
|
| 28.0 |
3.9 |
| |
|
|
In billions of
yen |
% of net
sales |
| 725.0 |
100.0 |
| |
|
| 30.2 |
4.2 |
| |
|
-
|
- |
| |
|
| 15.0 |
2.1 |
| |
|
| 9.6 |
1.3 |
| |
|
|
| |
% |
| |
98.19 |
| |
|
| |
186.97 |
| |
|
|
- |
| |
|
| |
294.16 |
| |
|
| |
291.69 |
| |
|
|
| |
| Net income per share of common stock: |
| |
| Basic |
| Diluted |
| |
|
|
|
|
| 1. |
All figures are rounded down to the nearest 100 million yen. |
| 2. |
The consolidated financial statements of NEC Electronics are prepared in accordance with accounting principles generally accepted in the United States, or U.S. GAAP. However, the figure for operating income shown above represents net sales minus the cost of sales and selling, general, and administrative expenses, plus gain due to transfer of the governmental welfare component. |
| 3. |
Results for the fiscal year ended March 31, 2003 are provided, for the sake of comparison, as if NEC Electronics had existed as an independent company prior to November 1, 2002 (the date NEC Electronics was established). |
***

Information in the press releases, including product prices and
specifications is current on the date of the press announcement,
but is subject to change without prior notice.
