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HOME | Investors | Presentation | Financial Conference for the Results of the First Half of Fiscal 2002

Business Results for the Six Months
Ended September 30, 2002

 
 
 Consolidated inventories
 
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[¥100 million] (Six months ended Sep. 30, ‘01)
FY’01:1st half
 (Six months ended Sep. 30, ‘01)
FY’01:2nd half
 (Six months ended Sep. 30, ‘02)
FY’02:1st half		 Y.O.Y Excluding effect
of FOREX		 Y.O.Y
in loca
currencies
Japan 499 454 409 -45   -45
<Non-
consolidated> 		281 268 244 -24   -24
 
Overseas 547 521 432 -89 -24 -65
Americas 214 193 150 -43 -19 -24
Europe 212 215 179 -36 +1 -37
Asia 121 113 103 -10 -6 -4
 
Total 1,046 975 841 -134 -24 -110

 As a result of inventory reduction efforts both in Japan and overseas, inventory decreased by 11.0 billion yen. This does not include the 2.4 billion yen positive effect of foreign exchange rate fluctuations.

 We believe this is the result of our “APS (Advanced Production System — production innovation)” activities taking effect throughout our plants.

 We will continue these activities to further reduce inventories.
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