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| FINANCIAL RESULTS FOR THE FIRST QUARTER ENDED JUNE 30, 2003 |
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| Consolidated Results for the 3 Months Period ended June 30, 2003: |
| (Millions of yen except per share amounts) |
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Jun.30,
2003 |
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Net Sales |
75,569 |
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Operating Income |
8,587 |
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Income before income taxes
and minority interests |
8,226 |
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Net Income |
2,613 |
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Per Share data |
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Net Income (Basic) |
14.84 |
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Net Income (Diluted) |
N/A |
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| Total Assets and Shareholders' Equity: |
| (Millions of yen except per share amounts) |
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Total Assets |
455,958 |
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Total Shareholders' Equity |
309,668 |
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Equity Ratio |
67.9% |
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Shareholders' Equity Per Share |
1,758 |
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| Forecast of Results for Fiscal Year Ending March 31, 2004 |
| (Millions of yen except per share amounts) |
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Sep.30,
2003 |
Mar.31,
2004 |
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Net Sales |
145,500 |
290,500 |
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Income before income taxes and minority interests |
9,300 |
21,000 |
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Net Income |
1,500 |
2,500 |
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Net Income Per Share |
8.52 |
14.19 |
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