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Oct 31, 2003

Financial Forecast Revision


The financial forecast for the year ending March 31, 2004 announced on April 30, 2003 has been revised based on the Company's recent business trend as follows;



[Consolidated financial forecast revision]



Financial forecast revision for the year ending March 31, 2004 (April 1, 2003 - March 31, 2004)



                                                                                          (Millions of Yen, %)

  Net sales Ordinary income Net income
Previous forecast (A)

(April 30, 2003)
465,000 5,000 (6,000)
Revised forecast (B) 495,000 8,000 1,000
Amount of increase/decrease (B-A) 30,000 3,000 7,000
Percent increase/decrease 6.5 60 -
Results for the year ended

March 31, 2003
460,580 (230) (41,554)




[Non-consolidated financial forecast revision]



Financial forecast revision for the year ending March 31, 2004 (April 1, 2003 - March 31, 2004)

                                                                                          (Millions of Yen, %)

  Net sales Ordinary income Net income
Previous forecast (A)

(April 30, 2003)
372,000 (12,000) (12,000)
Revised forecast (B) 402,000 (3,000) (2,000)
Amount of increase/decrease (B-A) 30,000 9,000 10,000
Percent increase/decrease 8.1 - -
Results for the year ended

March 31, 2003
369,384 (11,313) (43,161)




[Reason for revision]



For the forecast for the year ending March 31, 2004, earning increase due to recovery of semiconductor-related capital investment is expected. In addition, we are implementing structual reform measures to thoroughly reduce costs, and we expect to signal restoration of profitability by reporting net income on a consolidated basis. In these circumstances, we have overcome the financial forecast for the Year ending March 31, 2004 announced on April 30, 2003.

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