Summary of the Consolidated
Business Results for the First Half of FY 2004 (3)

(¥100 million)	(6 months ended Sep. 30, '03) FY '03: 1st half <Actual>	(6 months ended Sep. 30, '04) FY '04: 1st half <Revised forecast >	(6 months ended Sep. 30, '04) FY '04: 1st half <Actual>	Difference (amount) compared to the same period last year	Difference (%) compared to the same period last year
Sales	2,538	2,850	2,873	+335	+13.2%
Operating income <Operating income margin>	95 <3.7%>	185 <6.5%>	195 <6.8%>	+100	+105.6%
Ordinary income	61	155	178	+117	+191.9%
Profit before tax	80	161	195	+115	+142.8%
Net income	38	90	118	+80	+207.5%
(Rate: 1US$=) (Rate: 1EURO=)	(¥119.14) (¥131.71)	(¥108.69) (¥131.57)	(¥108.27) (¥132.63)
(¥100 million)	(6 months ended Sep. 30, '03) FY '03: Interim	(Year ended Mar. 31, '04) FY '03: Year-end	(6 months ended Sep. 30, '04) FY '04: Interim
ROE	4.2%	7.6%	13.2%
Interest bearing debts	2,629	2,465	2,274
D/E ratio	1.43	1.31	1.27
Inventory	826	759	767
Inventory turnover (times)	6.1	6.9	7.5