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Financial Conference for the Results of Fiscal 2003
Forecasts for FY 2004
«Economic Outlook for FY 2004»
 Japan: Healthy economic conditions expected to continue
- Strong domestic demand for machine tools and industrial machinery expected to continue
- Automobile production expected to remain flat
- Demand from the semiconductor and LCD production equipment sectors expected to remain robust
Overseas:
- Continued strong demand expected from China, especially for the industrial machinery sector
- Demand from the Americas and Europe expected to recover gradually
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