Summary of the Consolidated
Business Results for the First Half of FY 2005 (3)

(¥100 million)	(6 months ended Sep. 30, '03) FY'04: 1st half <Actual>	(6 months ended Sep. 30, '04) FY'05: 1st half <Forecast>	(6 months ended Sep. 30, '04) FY'05: 1st half <Actual>	Difference (amount) compared to the same period last year	Difference (%) compared to the same period last year
Sales	2,873	(2,990)	3,029	+156	+5.4%
Operating income <Operating income margin>	195 <6.8%>	190 <6.4%>	184 <6.1%>	-11	-5.4%
Ordinary income	178	170	169	-9	-4.8%
Profit before tax	195	182	190	-5	-2.3%
Net income	118	100	100	-18	-15.8%
(Rate: 1US$=) (Rate: 1EURO=)	(¥108.27) (¥132.63)	(¥104) (¥136)	(¥106.27) (¥137.10)
(¥100 million)	(6 months ended Sep. 30, '03) FY'04: Interim	(Year ended Mar. 31, '04) FY'05: Year-end	(6 months ended Sep. 30, '04) FY'05: Interim
ROE	12.8%	11.9%	10.0%
Interest bearing debts	2,274	2,072	2,071
Shareholders' equity	1,795	1,883	2,084
D/E ratio	1.27	1.10	0.99
Inventory	767	817	902
Inventory turnover(times)	7.5	7.4	7.0