II. Forecasts For The Year Ending March 31, 2003

[¥100 million]		Year ended March 31, 2002 FY 2001			Year ended March 31, 2003 FY 2002
		<Actual> 1st half	<Actual> 2nd half	<Actual> Total	<Forecast> 1st half	<Forecast> 2nd half	<Forecast> Total
Japan	Sales	1,908	1,759	3,667	1,910	2,060	3,970
	Operating income	25	6	31	45	93	138
	<%>	<1.3>	<0.3>	<0.8>	<2.4>	<4.5>	<3.5>
Americas	Sales	386	347	733	390	380	770
	Operating income	17	2	19	11	13	24
	<%>	<4.4>	<0.6>	<2.6>	<2.8>	<3.4>	<3.1>
Europe	Sales	440	358	798	410	375	785
	Operating income	-18	-45	-63	-10	-10	-20
	<%>	<-4.1>	<-12.6>	<-7.9>	<-2.4>	<-2.7>	<-2.5>
Asia	Sales	282	256	538	275	275	550
	Operating income	23	12	35	17	23	40
	<%>	<8.2>	<4.7>	<6.5>	<6.2>	<8.4>	<7.3>
Elimination	Sales	-492	-435	-927	-485	-490	-975
	Operating income	2	8	17	-8	-4	-12
Total	Sales	2,524	2,285	4,809	2,500	2,600	5,100
	Operating income	49	-10	39	55	115	170
	<%>	<2.0>	<0.4>	<0.8>	<2.2>	<4.4>	<3.3>

* The above Sales and Operating income breakdown are calculated based on the location of the Seller (each shipping division) and includes interarea sales and transfers. Therefore, the figures do not match the Sales breakdown of the "net Sales by Resion"

 Operating income by region is as shown.

 In Japan, sales of automotive bearings and components will continue to be strong, and recently, we have started seeing signs of recovery in demand for our precision machinery from the semiconductor production equipment and injection molding machine sectors. The economy is gradually starting to turn up, and we are planning to expand our sales. Please refer to the next slide for our profit outlook for Japan.