Notes on the 1000

Asiaweek 1000 company rankings by sales; 1997 rank adjusted for companies with late data.

All data are for fiscal years that ended between July 1997 and June 1998, except for companies with an asterisk (*) in the Notes column, which denotes data from the previous accounting period.

The numbers refer to the month the fiscal year ended: 1 January; 2 February; 3 March; 4 April; 5 May; 6 June; 7 July; 8 August; 9 September; 10 October; 11 November; 12 December.

The letters denote publicly listed (L), unlisted (U), and state-controlled (S) companies.

Financial results incorporate those of subsidiaries. Sales also refers to turnover, gross income or revenue.

Net Profit is computed after deducting tax and minority interests while excluding extraordinary items.

% Change is from the previous year's result in local currency.

Sales per $1 Assets is equivalent to sales-to-assets ratio.

Equity is the sum of paid-up capital, reserves and retained earnings.

Market Capitalization is the total value of all shares of listed firms as of Oct. 23, 1998.

Profit as % of Sales is usually called net profit margin; Profit as % of Assets, return on assets; Profit as % of Equity, return on equity.

All money values are in U.S. dollars.

Currency conversion uses average 1997 rates (except for Market Cap.): for Australia, A$1.3439 per $1, China, RMB8.2898; Hong Kong, HK$7.80; India, Rs36.13; Indonesia, Rp2,909.4; Japan, ´120.99; Malaysia, RM2.8133; New Zealand, NZ$1.5083; Pakistan, Rs41.112; Philippines, 29.471 pesos; Singapore, S$1.4848; South Korea, 951.29 won; Taiwan, NT$28.6; Thailand, 31.364 baht.

NA = not available.

Values less than $50,000 appear as $0.0.

Market Capitalization from Datastream.

Australian data from IBIS Business information, Melbourne.

Key to notes:

A. Unconsolidated results reported by these Japan companies.

B. Hyundai Motor won the international bidding for Kia Motors (No.167) and its affiliate Asia Motors, beating out U.S. giant Ford, Samsung and Daewoo last month.

C. SK Corp. was formerly Yukong Ltd., renamed in October 1997.

D. Gross profits reported by these China companies.

E. SK Global Co. was formerly Sunkyong Ltd., renamed in January 1998.

F. SK Energy Sales Co., Ltd. was formerly Hungkuk Sangsa Ltd., renamed in October 1997. This company was also unified with six other agents of SK Corp.

G. SK Energy Asia was formerly Yukong International (S) Pte. Ltd., renamed in October 1997.

H. Mitsui Chemicals' results are not comparable with previous results.

I. Suzuken merged with Akiyama Inc. in April 1998.

J. Chichibu Onoda Cement Corp. merged with Nihon Cement Co. Ltd. in October 1998. The market capitalization reflects both companies' market values on October 23, 1998.

K. Kuraya Corp. changed its year-end from September to March. Fiscal 1996 results are for the year to September 1996.

L. Keio Electric Railway Co. Ltd. was formerly Keio Teito Electric Railway Co. Ltd., renamed in July 1998.

M. Okura & Co. filed for bankruptcy in August 1998.

N. China Steel Corp. changed its year-end from June to December in January 1998.

O. TAB Ltd. was formerly TAB of New South Wales. It was privatized in June 1998 and the tax structure are changed in October 1997.

P. Orica was formerly ICI Australia Ltd., renamed in February 1998.

Q. Brother Industries Ltd. changed its year-end from November to March. Fiscal 1996 results are for the year to November 1996.

R. Sichuan Changhong Electronic's turnover includes sales taxes.

S. STMicroelectronics Asia Pacific Pte. Ltd. was formerly SGS Thomson Microelectronics Asia Pacific (Pte) Ltd., renamed in May 1998.

T. Mitsumi Electric Co. Ltd. results are for 14 months.

U. Hindustan Lever Ltd. merged with Brooks Bond Lipton India Ltd. in January 1996 and with Pond's India Ltd. in January 1998.

V. JSR Co. Ltd. was formerly Japan Synthetic Rubber Co. Ltd., renamed in December 1997.

W. Unisia Jecs Corp.'s fiscal 1997 results are for 13 months.

X. Yamatake Corp. was formerly Yamatake-Honeywell Co. Ltd., renamed in July 1998.

Y. Katokichi Co. Ltd. changed its year-end from November to March. Fiscal 1996 results are for the year to November 1996.

Z. Maxtor Peripherals' fiscal 1996's sales and net

profit results are annualized.

AA. Okura Pulp & Paper Co. Ltd.'s fiscal 1996 results are for the year to December 1996.

AB. Nippon Shokubai Co., Ltd. changed its year-end from November to March. Fiscal 1996 results are for the year to November 1996.

AC. Unconsolidated results for Tae Kwang Industrial Co. Ltd.

AD. Pre-tax profits were reported by these China companies.

AE. Sembawang Corp. merged with Singapore Technologies Industrial Corp. in September 1998. The market capitalization reflects both companies' market values on October 23, 1998.

AF. ST Microelectronics Pte. Ltd. was formerly SGS Thomson Microelectronics Pte. Ltd., renamed in May 1998.

AG. Hoechst Marion Roussel Ltd. was formed by the merger of Nippon Hoechst Marion Roussel Ltd., Roussel Morishita Co. Ltd., Hoechst Pharmaceuticals & Chemicals K.K., and Nippon Uclaf Co. Ltd. in January 1998.