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<Quarterly Financial Review (First Quarter of Fiscal Year 2004)>
Outline of Fiscal 2004 First Quarter Consolidated Financial Results
Net sales were 601.2 billion yen, up 17.5% over the same period last year.
Operating income was 35.3 billion yen, up 22.1% compared to the same period last year. Operating profit ratio was 5.9% for the period, exceeding the 5.7% for the same period last year as well as the 5.4% for the previous fiscal year as a whole.
Net income for the quarter ended June 30, 2004 was 19.5 billion yen, up 39.3% over the same period last year, all indicating continuing solid financial performance.


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