Financial Results
FINANCIAL RESULTS FOR THE THIRD QUARTER ENDED DECEMBER 31, 2003
Consolidated Results for the 9 Months Period ended December 31, 2003:
(Millions of yen except per share amounts)
Dec.31, 03

Net Sales 224,322
Operating Income 23,227
Income before income taxes and minority interests 22,255
Net Income 5,643
Per Share data
Net Income (Basic) 32.04
Net Income (Diluted) 32.04
Total Assets and Shareholders' Equity:
(Millions of yen except per share amounts)
Total Assets 496,474
Total Shareholders' Equity 335,325
Equity Ratio 67.5%
Shareholders' Equity Per Share 1,903.68
Cash Flows:
(Millions of yen except per share amounts)
Cash Flows from Operating Activites 8,189
Cash Flows from Investing Activites -7,447
Cash Flows from Financing Activites -5,566
Cash and Cash equivalents 60,613
Forecast of Results for Fiscal Year Ending March 31, 2004
(Millions of yen except per share amounts)
Net Sales 292,000
Income before income taxes and minority interests 22,000
Net Income 3,000
Net Income Per Share 17.03