Non-Consolidated Financial Results
for the Fiscal Year Ended March 31,2004
(Millions of yen,millions of U.S.dollars,except per share data)
Year ended
March 31,2004		 Year ended
March 31,2003		 Change Year ended
March 31,2004
Yen % U.S.Dollars
 Net sales 61,828  57,853  6.9  585.0 
 Operating income 3,444  2,675  28.7  32.6 
 Ordinary income 3,465  2,870  20.8  32.8 
 Net income 1,275  226  462.8  12.1 
 Total assets 68,472  63,262  8.2  647.9 
 Total shareholders' equity 32,375  31,317  3.4  306.3 
 Shareholders' equity/total assets 47.3%  49.5%  -  47.3% 
 Shareholders' equity per share (Yen/US$) 574.93  550.35  -  5.44 
 Net income per share (Yen/US$) 22.62  3.94  -  0.21 
 Net income per share,fully diluted (Yen/US$) 22.55  -  -  0.21 
    Notes:
  1. The weighted average number of shares outstanding:For the fiscal year ended March 31, 2004 56,381,837 shares For the fiscal year ended March 31, 2003 57,481,213 shares
  2. The number of shares outstanding as of March 31, 2004 and 2003 were 56,312,445 shares and 56,905,049 shares, respectively
  3. The number of treasury stocks as of March 31, 2004 and 2003 were 1,972,285 shares and 968,681 shares, respectively
  4. U.S.dollar amounts represent translations using the approximate exchange rate on March 31, 2004, of 105.69 yen=US$1, and are included solely for the convenience of readers.
  5. Yen amounts are rounded down to the nearest million.

Forecast of Non-Consolidated Results
for the Six Months Ending September 30,2004 and the Year
Ending March 31,2005
(Millions of yen,millions of U.S.dollars,except per share data)
Six-Months ending
September 30,2004		 Year ending
March 31,2005
Yen U.S.Dollars Yen U.S.Dollars
 Net sales 29,500  279.1  60,000  567.7 
 Ordinary income 1,500  14.2  3,200  30.3 
 Net income 450  4.3  1,100  10.4 
 Dividend per share 3.75  0.04  3.75  0.04 
 Net income per share (Yen/US$) -  -  19.53  0.18 
Notes: Net income per share is computed based on the estimated weighted average number of shares outstanding during the fiscal year.
| Consolidated Financial Results | Non-Consolidated Financial Results | Consolidated Segment Information |

【 CLOSE 】