nissho iwai annual report 1998 1 message from the president 2 corporate strategy 4 review of operations 8 environmental and cultural activities 32 financial section 33 global network 51 directors auditors 62 organization 64 shareholders guide 65 contents years ended march 31nissho corporation consolidated subsidiaries thousands millions yen us dollars 1997 1996 for 31 total trading transactions 10 052 747 889 419 9 447 995 76 157 174 operating income 59 675 48 187 39 900 452 083 net loss 3 038 15 421 25 046 23 015 as assets 5 440 638 414 490 002 657 41 216 955 equity 269 310 270 937 213 806 040 227 cents per share amounts 47 18 38 94 63 cash dividends 00 79 note have been translated convenience only at 132 highlights digital communications satellite broadcaster in which is a major shareholder recorded substantial subscriber growth during fiscal year may perfecttv merged with japan
