| Consolidated
Financial Statements for the Year Ended March 31, 1999
|
| ・ Shionogi Co., Ltd. |
May 24, 1999 |
| ・Code Number:4507 |
・Stock Exchange Listings:Osaka, Tokyo,
Nagoya |
| ・1-8, Doshomachi 3-chome, Chuo-ku,
Osaka 541-0045 |
Fukuoka, Sapporo |

・For further information, contact: |
Ken Endoh, General Manager,
General Administration Dept.
Tel:06-6202-2161 |
|
|
| ・Date of meeting of board of directors:May
24, 1999 |
|
1. Operating Results For the Year Ended March 31,
1999 (April 1, 1998 to March 31, 1999)
|
| (1) Sales and Income |
Note: All amount are rounded down
to the nearest million yen. |
| |
Net sales
(% change from previous year) |
Operating income
(% change from previous year) |
Ordinary income
(% change from previous year) |

|

Yen million |

% |

Yen million |

% |

Yen million |

% |
| Year ended March 31, 1999 |
372,167 |
(6.7) |
22,910 |
(25.7) |
26,402 |
(26.8) |
| Year ended March 31, 1998 |
348,745 |
(Δ 5.8) |
18,228 |
(Δ 26.0) |
20,824 |
(Δ 25.9) |
| |
Net income
(% change from previous year) |
Earnings per share |
Earnings per share (diluted) |
Return on equity |
Ordinary income/total assets |
Ordinary income/net sales |

|

Yen million |

% |

¥ |

¥ |

% |

% |

% |
| Year ended March 31, 1999 |
9,807 |
(2.5) |
27.94 |
―― |
4.2 |
6.6 |
7.1 |
| Year ended March 31, 1998 |
9,570 |
(Δ 28.4) |
27.26 |
26.90 |
4.2 |
5.3 |
6.0 |
|
| (Note) Equity in earnings of unconsolidated
subsidiaries and affiliates: xx, xxx million yen |

|

Total assets |

Shareholders' equity |

Shareholders equity/total assets |

Shareholders' equity per share |
| |
Yen million |
Yen million |
% |
¥ |
| Year ended March 31, 1999 |
409,168 |
239,253 |
58.5 |
681.63 |
| Year ended March 31, 1998 |
391,065 |
232,033 |
59.3 |
660.81 |
| (3) Scope of Consolidation and Application
of the Equity Method |
|

Consolidated subsidiaries: 7 |

|

|
| Unconsolidated subsidiaries:
11 |
: |
(to which the equity method is applied:
none) |
| Affiliates: 13 |
: |
(to which the equity method is applied:
none) |
| (4)Changes in Accounting Methods |
| 1) change in scope of
consolidation and application of the equity method |
 |

|

Consolidation |

(new) |

none |

|

Equity method |

(new) |

none |
| |
|
(exclusions) |
5 |
|
|
(exclusions) |
none |
| 2) changes in accounting
method・・・None |
2. Projected Results for the year ending March 31,
2000 (April 1, 1999 to March 31, 2000)
|

|

Net sales |

Ordinary income |

Net income |
| |
Yen million |
Yen million |
Yen million |
| Year ending March 31, 2000 |
388,000 |
27,000 |
12,000 |

(Reference) |

Estimated earnings per share (consolidated): ¥34.19
|
| |
Estimated earnings per share (non-consolidated):
¥32.75 |
| Reference: Non-consolidated results
for the year ended March 31, 1999 (April 1, 1998 - March
31, 1999) |
Net sales
(% change from previous year) |
Operating income
(% change from previous year) |
Ordinary income
(% change from previous year) |

Yen million |

% |

Yen million |

% |

Yen million |

% |
| 216,747 |
(2.4) |
20,733 |
(34.4) |
25,318 |
(32.5) |
Net income
(% change from previous year) |
Earnings per share |
Earnings per share
(diluted) |
Total assets |
Shareholders' equity |

Yen million |

% |

¥ |

¥ |

Yen million |

Yen million |
| 9,706 |
(7.8) |
27.64 |
―― |
327,871 |
226,479 |
|