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HOME |Investors | Presentation | Financial Conference for the Results of the First Half of Fiscal 2003

Financial Conference for the Results
of the First Half of Fiscal 2003

Consolidated net sales -By customer location-

(¥100 million) (Six months ended
Sep. 30, 2002)

FY '02: 1st half
(Six months ende
Sep. 30, 2003)

FY '03: 1st half
Increase / (decrease) Upper: Effect of discontinued operations Net increase /
(decrease)
Lower: Effect of FOREX
Japan 1,366 1,324 -42 -113
-
+71
(+5.7%)
(Overseas sales ratio)
Overseas
(47.6%)
1,241
(47.8%)
1,214
-27 -33
-19
+25
(+2.1%)
The Americas 431 386 -45 -14
-48
+17
(+3.9%)
Europe 418 440 +22 -
+39
-17
(-3.8%)
Asia 392 388 -4 -19
-10
+25
(+6.5%)
Total 2,607 2,538 -69 -146
-19
+96
(+3.9%)
·Japan: Sales to the automotive industry remained strong. Sales to the general industrial sector also increased, while demand for precision machinery and parts have started to recover.
·The Americas: Sales in Brazil and Canada increased, but sales to the general industrial sector in the U.S. were sluggish. Sales to the automotive industry were strong throughout the region.
·Europe: Bearing sales to the automotive industry were strong, but demand from the general industrial sector was weak.
·Asia: Sales to the automotive industry increased
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