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I. Consolidated Results
 
 Inventories
 
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[¥100 million]
 (Year ended
March 31, 2000)
FY 1999		 (Year ended
March 31, 2001)
FY 2000		 (Year ended
March 31, 2002)
FY 2001		 Y.O.Y Excluding effect of exchange rate fluctuations Y.O.Y
based in local curencies
Japan 568 523 454 -69   -69
<Non-consolidated>
 381 313 268 -45    
Overseas 447 500 521 +21 +56 -35
Americas
 163 184 193 +9 +23 -14
Europe 195 196 215 +19 +19 -
Asia 89 120 113 -7 +14 -21
 
Total 1,015 1,023 975 -48 +56 -104
 

 Inventory decreases, calculated in local currencies, amounted to 6.9 billion yen in Japan and 3.5 billion yen overseas as the result of world wide inventory reduction efforts. This reduction amount is reduced to 4.8 billion yen which includes the effects of foreign exchange fluctuations.
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