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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 business segment-

(¥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
Bearings 1,604 1,641 +37 -
-16
+53
(+3.3%)
Automotive components 751 630 -121 -119
-3
+1
(+0.2%)
Precision machinery 165 197 +32 -
+0
+32
(+19.0%)
Others 87 70 -17 -27
+0
+10
(+16.5%)
Total 2,607 2,538 -69 -146
-19
+96
(+3.9%)
·Bearings: Sales to the automotive industry increased 4.5%, including a special demand for trucks in Japan following the implementation of a stricter emission-control regulation for diesel-fueled vehicles in October 2003.
Sales to  the general industrial sector increased 2.2%, supported by strong demand in Japan.
·Automotive components: Sales of automatic transmission components increased, but sales in Europe were sluggish.
·Precision machinery: Domestic sales to the semiconductor, liquid crystal display (LCD) production equipment industries and the machine tool sectors increased.
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