Financial Information: Annual Report 2002

Millions of yen			Thousands of U.S. dollars (Note 2)
As of March 31	2002	2001	2002
Assets
Current assets:
Cash and cash equivalents	¥56,558	¥46,712	$425,248
Short-term investments (Notes 1(e) and 3)	1,109	1,167	8,338
Notes and accounts receivable:
Affiliated companies	2,414	4,434	18,150
Trade	110,241	143,572	828,880
Less allowance for doubtful receivables	(1,653)	(1,155)	(12,429)
Inventories (Note 4)	97,459	102,324	732,774
Deferred tax assets (Note 7)	5,293	6,176	39,797
Other current assets	20,068	18,343	150,887
Total current assets	291,490	321,575	2,191,654
Non-current assets:
Property, plant and equipment, at cost (Notes 5 and 9):
Land	24,359	25,688	183,150
Buildings	145,108	132,040	1,091,038
Machinery and equiptment	430,031	394,205	3,233,316
Construction in progress	13,321	15,717	100,158
	612,819	567,652	4,607,662
Less accumulated depreciation	(395,254)	(366,077)	(2,971,835)
Property, plant and equipment, net	217,565	201,574	1,635,827
Investments in and advances to affiliated companies	40,283	39,947	302,880
Investment securities (Notes 1(e), 3 and 9)	82,494	106,288	620,256
Deferred tax assets (Note 7)	1,557	1,004	11,707
Other non-current assets	9,433	10,066	70,925
Total non-current assets	351,332	358,881	2,641,594
Total assets	¥642,823	¥680,457	$4,833,256

Million of yen			Thousands of U.S. dollars (Notes 2)
	2002	2001	2002
Liabilities and shareholders' equity
Current liabilities:
Short-term debt (Notes 6 and 9)	¥93,120	¥98,253	$700,150
Current portion of long-term debt (Note 9)	25,332	7,230	190,466
Notes and accounts payable (Note 9):
Affiliated companies	20,887	22,345	157,045
Trade	65,459	82,617	492,173
Accrued income taxes (Note 7)	1,377	5,222	10,353
Accrued expenses and other current liabilities (Note 8)	33,200	46,282	249,624
Total current liabilities	239,378	261,952	1,799,835
Long-term liabilities:
Long-term debt (Note 9)	153,906	140,274	1,157,188
Accrued employees' retirement benefits (Notes 1(i) and 10)	13,141	14,986	98,805
Accrued officers' retirement benefits	1,600	1,565	12,030
Deferred tax liabilities (Note 7)	6,945	13,913	52,218
Other long-term liabilities	6,859	9,009	51,571
Total long-term liabilities	182,455	179,749	1,371,842
Minority interests	12,810	11,372	96,316
Shareholders' equity (Note 11):
Common stock, without par value:
Authorized:
2002 - 987,244,000 shares
2001 - 997,802,000 shares
Issued:
2002 - 551,268,104 shares	67,176	-	505,083
2001 - 561,820,444 shares	-	67,175	-
Additional paid-in capital	77,923	82,359	585,887
Retained earnings	53,921	74,453	405,421
Unrealized holding gains on securities (Note 1(e))	24,316	27,107	182,827
Translation adjustments	(14,749)	(23,315)	(110,895)
Less treasury stock, at cost	(408)	(396)	(3,068)
Total shareholders' equity	208,179	227,383	1,565,256
Commitments and contingencies (Note 13)
Total liabilities and shareholders' equity	¥642,823	¥680,457	$4,833,256

The accompanying notes are an integral part of these statements.

PREV PAGE

INDEX PAGE

NEXT PAGE