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II. Forecasts For The
Year Ending March 31, 2003
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| Sales
Forecasts |
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*[by
Region]
| [¥100
million] |
Year ending
March 31, 2002
FY
2001 |
Year ending
March 31, 2003
FY 2002
|
Y.
O. Y.
(%) |
<Actual>
1st half |
<Actual>
2nd half |
<Actual>
Total |
<Forecast>
1st half |
<Forecast>
2nd half |
<Forecast>
Total |
Total
|
2,524 |
2,285 |
4,809 |
2,500 |
2,600 |
5,100 |
+6.1% |
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| |
| Japan
|
1,318 |
1,229 |
2,576 |
1,321 |
1,423 |
2,744 |
+6.5% |
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| Overseas |
1,206 |
1,056 |
2,233 |
1,179 |
1,177 |
2,356 |
+5.5% |
|
| Americas |
403 |
362 |
765 |
410 |
417 |
827 |
+8.1% |
| Europe |
430 |
340 |
770 |
405 |
381 |
786 |
+2.1% |
| Asia |
373 |
354 |
698 |
364 |
379 |
743 |
+6.4% |
| * Classification
by Region shows sales recognized by customers
location. |
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Looking at sales by region,
In Europe, where we are still waiting for the
economy to bottom out, the recovery of demand for
general industrial bearings and precision machinery
is expected to be slow. Therefore, we forecast sales,
calculated in local currencies, to be slightly lower
than fiscal 2001.
We are forecasting a moderate recovery in Japan,
the Americas, Asia and all other regions.
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