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  3. First Quarter FY2008(April 1,2008 to June 30,2008)

April 28,2008

FY2007 Financial Results

Consolidated Financial Results

  FY2007 FY2006 % change
Net Sales 148,855 158,677 -6.2%
Operating Income 3,652 4,088 -10.7%
Ordinary Income 3,385 3,495 -3.1%
Net Income 1,853 1,867 -0.8%

EPS (Yen) 69.98 70.52 -0.8%

*No.of consolidated subsidiaries : 3 / No.of affiliated company will equity method application : 1

DPS (Yen) 18.00 16.00 12.5%

*Annual dividends for fiscal 2007 increased by 2 Yen per share to 18 Yen per share.

ROE 3.0% 3.1% -
Ordinary Income/Total Assets 2.9% 3.0% -
Operating Income/Net Sales 2.5% 2.6% -

Non Consolidated Financial Results

  FY2007 FY2006 % change
Net Sales 142,918 152,411 -6.2%
Operating Income 3,616 4,100 -11.8%
Ordinary Income 3,341 3,492 -4.3%
Net Income 1,815 1,905 -4.7%

EPS (Yen) 68.52 71.93 -4.7%