Sales Projections of Vending Machines - Excel by msc85991

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									                                                                                 OMRON Group Reference Data as of May 2004

                       Ⅰ March 2004 Result
                             Financial Highlights                                                   ・・・ 04PL                       AEC Sales, Category, O.I., R&D, Capex                   ・・・   04AEC
                             Financial Highlights (by Quarter)                                      ・・・ 04PL-Q                     SSB Sales, Category, O.I., R&D, Capex                   ・・・   04SSB
                                  Sales by Segment and Region                                       ・・・ 04Sales                    HCB Sales, Category, O.I., R&D, Capex                   ・・・   04HCB
                                  Sales by Segment and Region (by Quarter)                          ・・・ 04Sales-Q                  OTHERS Sales, Category, O.I., R&D, Capex                ・・・   04Other
                                  Operating Income and R&D by Segment                               ・・・ 04R&D                      IAB Sales, O.I., R&D, Capex (by Quarter)                ・・・   04IAB-Q
                                  Operating Income and R&D by Segment (by Quarter)                  ・・・ 04R&D-Q                    ECB Sales, O.I., R&D, Capex (by Quarter)                ・・・   04ECB-Q
                                  BS, Capex, Depreciation                                           ・・・ 04BS                       AEC Sales, O.I., R&D, Capex (by Quarter)                ・・・   04AEC-Q
                                  IAB Sales, Category, O.I., R&D, Capex                             ・・・ 04IAB                      SSB Sales, O.I., R&D, Capex (by Quarter)                ・・・   04SSB-Q
                                  ECB Sales, Category, O.I., R&D, Capex                             ・・・ 04ECB                      HCB Sales, O.I., R&D, Capex (by Quarter)                ・・・   04HCB-Q
                                                                                                                                   OTHERS Sales, O.I., R&D, Capex (by Quarter)             ・・・   04Other-Q




                       *Name     of Business Segments*
                         IAB      Industrial Automation Business
                        ECB       Electronic Components Business
                        AEC       Automotive Electronic Components Business
                        SSB       Social Systems Solutions Business
                        HCB       Healthcare Business



Notes:
  1    The financial statements are prepared in accordance with U.S. GAAP standards.
  2    Includes 135 consolidated subsidiaries and 11 affiliated companies accounted for by the equity method.
  3    Forecast of results and future developments for this reference data are based on information available to the Company at the time when this reference data was produced and announced, as well as certain assumptions
       judged by the Company to be reasonable. Various factors could cause actual results to differ materially from these projections. Major factors influencing Omron's actual results include, but are not limited to, (i) the
       economic conditions surrounding the Company's businesses in Japan and overseas, (ii) demand trends for the Company's products and services, (iii) the ability of the Omron Group to develop new technologies and new
       products, (iv) major changes in the fund-raising environment, (v) tie-ups or cooperative relationships with other companies, and (vi) movements in currency exchange rates and stock markets.

   4    This reference data was produced and announced on May 7, 2004.




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                                                                                                                   (Billions of yen)
                   March2004          March2003           Change       March2004           Change         March2004            Change

                    Actual            Last Year            to LY      Original plan        to plan        Estimation           to Est.

                    Results            Results              %         as of May '03          %         as of February '04        %

Sales              585    100.0%      535    100.0% 109.3%            560      100.0% 104.4%              585      100.0% 100.0%

Cost of sales      345        59.0%   327        61.2% 105.3%         338        60.4% 102.0%             344        58.8% 100.2%

Gross Profit       240        41.0%   208        38.8% 115.6%         222        39.6% 108.1%             241        41.2%     99.6%

SG&A               142        24.3%   135        25.3% 105.2%         135        24.1% 105.3%             143        24.4%     99.4%

R&D Exp             46        7.9%    40          7.5% 115.6%           44         7.9% 105.7%             46          7.9% 101.1%

Operating Income    51        8.8%    32          6.0% 159.1%           43         7.7% 119.5%             52          8.9%    98.9%

Non-Ope.Exp.         3        0.6%    28          5.2%    12.4%          5         0.9%    68.2%             2         0.3% 170.5%

NIBT                48        8.2%      5         0.9% 1014.0%          38         6.8% 126.3%             50          8.5%    96.0%

NIAT                27        4.6%      1         0.1% 5246.8%          19         3.4% 141.1%             26          4.4% 103.1%




                   March2004          March2003          Difference    March2004          Difference      March2004           Difference

Currency Rate       Actual            Last Year            to LY      Original plan        to plan        Estimation           to Est.

(Yen)               Results            Results                        as of May '03                    as of February '04

US$                  113.4              122.1              -8.7          120.0                 -6.6          113.9                 -0.5

EURO                 132.4              121.1              11.3          125.0                   7.4         130.5                     1.9




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                                                                                                                                                                                                                          (Billions of yen)
Quarterly                                       March2004                                                                   March2003                                                                 Change

                                                 Actual                                                                     Last Year                                                                 to LY

                                                 Results                                                                     Results                                                                    %

                   1Q       2Q       1st Half      3Q       4Q       2nd Half   Full       1Q         2Q         1st Half      3Q         4Q       2nd Half   Full        1Q       2Q      1st Half     3Q      4Q      2nd Half    Full

Sales              134      136         270         147     168         315      585       117        130           247         131       157         288      535       114.9%   104.5%   109.4%     111.7%   107.1%   109.2%     109.3%

Cost of sales       81       76         157          87     101         188      345        76         76           152          79        96         175      327       106.2%   100.6%   103.4%     109.9%   104.5%   106.9%     105.3%

Gross Profit        53       60         113          60      67         127      240        40         54             95         52        61         113      208       131.5%   109.8%   119.1%     114.6%   111.0%   112.7%     115.6%

SG&A                34       37          71          33      38          71      142        31         34             65         32        38           70     135       107.7%   110.2%   109.0%     105.6%   98.5%    101.7%     105.2%

R&D Exp             10       11          20          10      16          26       46            9          9          18         10        11           22       40      102.1%   121.8%   111.7%      99.3%   136.6%   118.8%     115.6%

Operating Income    10       12          22          16      14          30       51            (0)    12             11         10        11           21       32       ---     99.5%    188.0%     159.4%   128.5%   143.2%     159.1%

Non-Ope.Exp.        (0)          2         2            0        1         1           3        2      22             24            (0)        4         3       28       -3.9%    9.9%       8.7% -263.7%     24.6%      38.1%     12.4%

NIBT                10           9       19          15      13          29       48            (2)    (10)          (13)        10            7        17           5    ---      ---       ---      152.7%   178.3%   163.5% 1014.0%

NIAT                    6        2         8            9    10          19       27            (2)        (8)       (10)           7          4        10           1    ---      ---       ---      144.3%   261.1%   186.7% 5246.8%




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                                                                                                                        (Billions of yen)
Sales                      March2004          March2003          Change    March2004          Change       March2004           Change
                            Actual            Last Year          to LY    Original plan       to plan      Estimation           to Est.
            By Region       Results            Results             %      as of May '03         %       as of February '04        %
         Japan             361        61.7%   325        60.8% 111.0%      338      60.4% 106.8%           363       62.1%      99.5%
        Overseas           224        38.3%   210        39.2% 106.8%      222      39.6% 100.8%           222       37.9% 100.8%
         North America      65        11.0%    68        12.7%   95.2%      70      12.5%     92.3%          65      11.2%      98.7%
                  Europe    84        14.4%    74        13.7% 114.7%       81      14.4% 104.7%             83      14.1% 102.2%
                    Asia    29        4.9%     27         5.0% 107.1%       28         4.9% 104.1%           28         4.8% 102.3%
                   China    31        5.3%     26         4.9% 117.7%       30         5.4% 103.4%           31         5.2% 102.1%
                  Export    15        2.6%     15         2.8% 100.7%       14         2.5% 109.3%           16         2.6%    97.6%
Total                      585    100.0%      535    100.0% 109.3%         560     100.0% 104.4%           585     100.0% 100.0%




Sales                      March2004          March2003          Change    March2004          Change       March2004           Change
                            Actual            Last Year          to LY    Original plan       to plan      Estimation           to Est.
          By Business       Results            Results             %      as of May '03         %       as of February '04        %
          IAB              230        39.3%   203        37.8% 113.4%      214      38.1% 107.6%           228       39.0% 100.7%
         ECB                89        15.2%    79        14.8% 112.1%       89      15.8% 100.6%             90      15.3%      99.4%
         AEC                59        10.1%    59        11.1%   98.9%      64      11.3%     92.6%          59      10.1%      99.7%
        SSB/AMB            136        23.3%   117        21.8% 116.6%      125      22.3% 108.8%           138       23.5%      98.9%
         HCB                47        8.0%     42         7.9% 110.9%       44         7.8% 108.0%           48         8.2%    97.8%
         Others             24        4.2%     35         6.5%   70.5%      26         4.6%   94.2%          23         3.9% 106.4%
         Total             585    100.0%      535    100.0% 109.3%         560     100.0% 104.4%           585     100.0% 100.0%




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                                                                                                                                                                                                                      (Billions of yen)

Sales                                                   March2004                                                            March2003                                                            Change

(Quarterly)                                              Actual                                                              Last Year                                                            to LY

                                                         Results                                                              Results                                                               %

           By Region       1Q       2Q       1st Half      3Q       4Q       2nd Half   Full    1Q       2Q       1st Half      3Q       4Q       2nd Half   Full     1Q       2Q      1st Half    3Q       4Q      2nd Half    Full

         Japan              78       81         160          90     111         201      361     66       78         144          78     103         181      325    118.7%   103.6%   110.5%     116.3%   107.5%   111.3%     111.0%

        Overseas            56       55         111          56      57         113      224     51       52         103          54      53         107      210    110.0%   105.8%   107.9%     105.1%   106.2%   105.7%     106.8%

        North America       17       16           33         16      16           31       65    18       17           35         17      16           33       68   97.7%    94.0%     95.9%      93.7%   95.1%      94.4%     95.2%

                 Europe     21       20           41         21      23           44       84    18       17           34         19      21           39       74   118.3%   117.6%   118.0%     111.3%   112.1%   111.7%     114.7%

                    Asia        7        7        14            7        7        15       29        6        7        13            7        7        14       27   116.9%   97.1%    106.4%     107.8%   107.5%   107.6%     107.1%

                  China         8        8        16            8        7        15       31        6        6        13            7        6        13       26   121.8%   120.8%   121.3%     119.8%   108.2%   114.3%     117.7%

                  Export        3        4         8            4        4         8       15        3        5         8            4        3         7       15   95.8%    98.1%     97.1%      94.2%   118.0%   104.7%     100.7%
         Total             134      136         270         147     168         315      585    117      130         247         131     157         288      535    114.9%   104.5%   109.4%     111.8%   107.1%   109.2%     109.3%




Sales                                                   March2004                                                            March2003                                                            Change

(Quarterly)                                              Actual                                                              Last Year                                                            to LY

                                                         Results                                                              Results                                                               %

         By Business       1Q       2Q       1st Half      3Q       4Q       2nd Half   Full    1Q       2Q       1st Half      3Q       4Q       2nd Half   Full     1Q       2Q      1st Half    3Q       4Q      2nd Half    Full
          IAB               54       56         111          58      61         119      230     47       51           98         51      53         104      203    116.1%   109.4%   112.6%     113.6%   114.6%   114.1%     113.4%
         ECB                22       21           44         23      22           45       89    20       19           39         20      21           40       79   113.3%   110.5%   111.9%     117.9%   106.9%   112.3%     112.1%
         AEC                15       14           28         15      16           31       59    14       15           28         15      16           31       59   106.2%   93.1%     99.5%      98.2%   98.6%      98.4%     98.9%
     SSB/AMB                26       28           54         31      52           82     136     18       24           42         26      49           75     117    143.6%   117.0%   128.4%     120.3%   104.7%   110.0%     116.6%
         HCB                12       11           23         13      11           24       47    10       10           20         12      10           22       42   115.7%   108.4%   112.0%     115.1%   104.3%   110.0%     110.9%

         Others                 6        6        11            6        7        13       24        9    11           19            8        8        16       35   65.9%    53.7%     59.1%      78.3%   91.3%      84.6%     70.5%

         Total             134      136         270         147     168         315      585    117      130         247         131     157         288      535    114.9%   104.5%   109.4%     111.8%   107.1%   109.2%     109.3%




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                                                                                                                        (Billions of yen)

Operating Income           March2004         March2003           Change    March2004          Change       March2004           Change
                            Actual           Last Year           to LY    Original plan       to plan      Estimation          to Est.
          By Business       Results           Results              %      as of May '03         %       as of February '04        %
         IAB                34       66.5%    24        74.5%    141.9%     29       67.4%    117.9%         35      66.3%     99.1%
         ECB                15       28.4%    10        31.9%    141.6%     13       30.2%    112.3%         15      28.3%     99.3%
         AEC                 1        1.9%     4        13.2%    23.6%       6       12.8%    18.2%           1         2.3%   83.4%
      SSB/AMB               10       20.2%     1         3.6%    901.7%      7       15.1%    159.5%         10      19.2%     103.7%
         HCB                 7       14.0%     4        11.9%    187.0%      4         9.3%   179.5%          8      15.4%     89.7%
        Others               4        7.4%     4        13.8%    85.1%       5       10.5%    84.5%           4         7.1%   102.8%
Eliminations & Corporate   (20)   -38.4%     (16)       -48.9%   124.9%    (20)     -45.3%    101.2%        (20)    -38.7%     98.1%
         Total              51    100.0%      32    100.0%       159.1%     43      100.0%    119.5%         52     100.0%     98.9%




R&D Exp.                   March2004         March2003           Change    March2004          Change       March2004           Change
                            Actual           Last Year           to LY    Original plan       to plan      Estimation          to Est.
          By Business       Results           Results              %      as of May '03         %       as of February '04        %
         IAB                15       31.2%    13        33.3%    108.2%     15       34.3%    96.0%          14      31.1%     101.4%
         ECB                 7       14.4%     6        14.9%    111.7%      6       14.3%    106.3%          7      15.0%     97.1%
         AEC                 5       11.2%     4        10.0%    130.0%      5       10.5%    113.0%          5      11.5%     98.1%
      SSB/AMB                8       16.3%     5        13.4%    140.7%      6       13.9%    124.6%          7      16.1%     102.7%
         HCB                 3        5.8%     3         6.2%    108.0%      3         5.9%   103.8%          3         5.7%   103.8%
        Others              10       21.1%     9        22.1%    110.1%      9       21.1%    105.4%         10      20.7%     103.2%
         Total              47    100.0%      40    100.0%       115.6%     44      100.0%    105.7%         46     100.0%     101.1%




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                                                                                                                                                                                                                                          (Billions of yen)

Operating Income                                            March2004                                                                       March2003                                                                  Change

(Quarterly)                                                  Actual                                                                         Last Year                                                                  to LY

                                                             Results                                                                          Results                                                                    %

        By Business        1Q         2Q         1st Half      3Q         4Q         2nd Half   Full       1Q         2Q         1st Half       3Q         4Q         2nd Half   Full       1Q       2Q     1st Half     3Q     4Q      2nd Half    Full

         IAB                    8          8         16             9          9         18        34           5          8         13              7          4         11        24      165.6% 100.0% 124.5% 123.6% 234.5% 162.9% 141.9%
         ECB                    4          3           8            4          3           7       15           2          3           5             4          2           6       10      254.4% 112.8% 162.3%        98.9% 181.8% 124.6% 141.6%
         AEC                    0          0           0            0          1           1           1        1          1           2             1          1           2           4   35.5%    0.8%    15.8%      13.8%   72.5%    34.9%     23.6%
      SSB/AMB                   (1)        2           1            4          6           9       10           (5)        1          (4)            (1)        6           5           1   13.5% 124.1%      ---        ---    91.2% 190.9% 901.7%
         HCB                    2          2           4            3          0           3           7        1          1           2             2          0           2           4   160.5% 285.7% 205.2% 175.7% 129.0% 168.2% 187.0%
        Others                  (0)        2           2            1          1           2           4        (1)        2           1             1          2           3           4     8.3%   97.8% 151.7%       76.9%   47.6%    59.9%     85.1%
Eliminations & Corporate        (4)        (5)        (9)           (5)        (6)       (10)     (20)          (3)        (5)        (8)            (4)        (4)        (8)     (16)     122.7% 113.0% 116.8% 116.2% 152.4% 132.7% 124.9%
         Total              10         12            22          16        14            30        51           (0)    12            11           10        11            21        32       ---     99.5% 188.0% 159.3% 128.8% 143.3% 159.1%




R&D Exp.                                                    March2004                                                                       March2003                                                                  Change

(Quarterly)                                                  Actual                                                                         Last Year                                                                  to LY

                                                             Results                                                                          Results                                                                    %

                           1Q         2Q         1st Half      3Q         4Q         2nd Half   Full       1Q         2Q         1st Half       3Q         4Q         2nd Half   Full       1Q       2Q     1st Half     3Q     4Q      2nd Half    Full

                            10         11            20          10        16            26        47           9          9         18           10        11            22        40      102.1% 121.8% 111.7%        99.5% 136.6% 118.9% 115.6%




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                                                                                                                           (Billions of yen)
B/S                              March2004         March2003        Change    March2004         Change       March2004             Change
                                   Actual          Last Year         to LY   Original plan      to plan       Estimation           to Est.
                                  Results           Results            %     as of May '03        %       as of February '04         %
Assets                           592      100.0%   567    100.0%   104.4%
 Cash and cash equivalents        95       16.0%    80     14.1%   118.9%
         Account Receivables     122       20.6%   110     19.4%   110.9%
                  Inventories     70       11.9%    75     13.3%    93.2%
         Other current assets     29        4.9%    30      5.2%    97.0%
                 Fixed assets    276       46.6%   272     48.0%   101.4%
Liabilities                      318       53.6%   316     55.7%   100.6%
                   Bank loans     45        7.7%    31      5.5%   147.0%
            Long-Term Dept        11        1.9%    40      7.1%    27.8%
             Other Liabilities   261       44.0%   245     43.1%   106.7%
Shareholders' equity             275       46.4%   252     44.3%   109.2%

CAPEX                            March2004         March2003        Change    March2004         Change       March2004            Change
                                   Actual          Last Year         to LY   Original plan      to plan       Estimation          to Est.
By Business                       Results           Results            %     as of May '03        %       as of February '04        %
     IAB                           7       19.2%     8     23.0%    91.8%       8       22.2%    91.3%         6       16.8%     117.7%
     ECB                           7       18.7%     7     20.0%   102.3%       7       20.0%    98.6%         7       17.8%     107.6%
     AEC                           9       23.7%     6     18.0%   144.2%       8       22.2%   112.5%         8       21.6%     112.5%
  SSB/AMB                          3        8.4%     5     13.0%    70.8%       4       10.6%    84.2%         4        9.7%      88.9%
     HCB                           2        5.0%     2      5.6%    98.3%       2        5.0%   105.6%         2        4.3%     118.8%
    Others                        10       25.0%     7     20.4%   134.6%       7       20.0%   131.9%        11       29.7%      86.4%
     Total                        38      100.0%    35    100.0%   109.7%      36      100.0%   105.6%        37      100.0%     102.7%

Depreciation                     March2004         March2003        Change    March2004         Change       March2004            Change
                                   Actual          Last Year         to LY   Original plan      to plan       Estimation          to Est.
By Business                       Results           Results            %     as of May '03        %       as of February '04        %
     IAB                          10       36.2%     9     29.3%   115.0%
     ECB                           6       21.0%     8     27.6%    71.6%
     AEC                           3       10.9%     4     11.8%    86.5%
  SSB/AMB                          7       23.9%     6     19.5%   113.7%
     HCB                           1        3.3%     2      5.4%    58.6%
    Others                         1        4.7%     2      6.4%    65.7%
     Total                        28      100.0%    30    100.0%    93.2%      31               89.2%         28                  98.8%



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                                                                                                                             (Billions of yen)
Sales                     March2004       March2003          Change          March2004          Change          March2004           Change
           IAB             Actual         Last Year          to LY          Original plan       to plan         Estimation          to Est.
                           Results         Results             %           as of May '03          %          as of February '04        %
Japan                     117     51.0%   102        50.5%   114.6%          105       49.2%    111.6%          117       51.3%     100.1%
Overseas                  113     49.0%   100        49.5%   112.1%          109       50.8%    103.7%          111       48.7%     101.4%
        North America      20      8.5%    20         9.8%   98.3%            20         9.4%   97.8%             20         8.7%   99.1%
                 Europe    61     26.4%    53        26.2%   114.4%           58       27.2%    104.6%            59      26.0%     102.4%
                   Asia    14      5.9%    12         6.0%   112.4%           13         5.9%   108.9%            13         5.8%   102.6%
                  China    18      8.0%    15         7.4%   123.1%           18         8.4%   102.3%            19         8.1%   99.4%
                 Export     0      0.1%     0         0.2%   79.1%             0         0.0%     ---              0         0.1%   117.3%
Total                     230    100.0%   203     100.0%     113.4%          214      100.0%    107.6%          228      100.0%     100.7%


By Products               March2004       March2003          Change
           IAB             Actual         Last Year          to LY                                Main Products
                           Results         Results             %
System Components            32%            32%               0%       Programmable Logic Controllers, Invertors, Motion Controls
Sensor Components            27%            26%               1%       Application Sensors, Proximity Sensors
Industrial Components        41%            42%               -1%      Relays, Switches, Timers and Others
                                                                                                                             (Billions of yen)
                          March2004       March2003          Change          March2004          Change          March2004           Change
           IAB             Actual         Last Year          to LY          Original plan       to plan         Estimation          to Est.
                           Results         Results             %           as of May '03          %          as of February '04        %
R&D Exp.                    15   6.3%      13         6.6%    108.2%          15      7.1%      96.0%             14     6.3%        101.4%
Operating Income            34   14.9%     24        11.9%    141.9%          29     13.6%      117.9%            35    15.1%          99.1%
CAPEX                        7   3.2%       8         4.0%     91.3%            8     3.7%      91.3%               6    2.7%        117.7%




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                                                                                                                                        (Billions of yen)
Sales                       March2004         March2003            Change           March2004              Change           March2004             Change
           ECB               Actual           Last Year            to LY           Original plan           to plan           Estimation           to Est.
                             Results           Results               %             as of May '03             %        as of February '04            %
Japan                        48       53.4%    43         54.3%    110.2%             49       55.4%       96.9%              49      54.2%       97.9%
Overseas                     42       46.6%    36         45.7%    114.3%             40       44.6%       105.1%             41      45.8%       101.2%
           North America     10       11.8%    12         14.7%    89.8%              12       13.6%       87.2%              11      11.9%       97.9%
                 Europe      10       11.7%     9         11.7%    112.0%             10       11.2%       104.9%             10      11.2%       103.6%
                     Asia     5        5.6%     5         5.9%     106.9%              5           5.4%    104.6%              5          5.3%    105.3%
                   China      9       10.3%     8         9.5%     121.5%              9           9.6%    107.5%              9          9.8%    104.7%
                   Export     7        7.4%     3         3.9%     211.2%              4           4.9%    152.7%              7          7.6%    96.6%
Total                        89      100.0%    79        100.0%    112.1%             89     100.0%        100.6%             90     100.0%       99.4%


By Products                 March2004         March2003            Change
           ECB               Actual           Last Year            to LY                                     Main Products
                             Results           Results               %
Electronic Mechanical
Components
                               66%              67%                 -1%       Relays, Switches, Connectors, Sensors, etc.

Semi Conductor                 12%               9%                 3%        B-MLA, P-MLA, etc.
Amusement                      16%              15%                 1%        IC Coin System, Sensors, Power supplies
Others                          6%               8%                 -2%       Mobile Devices, OA Sensors, etc.
                                                                                                                                        (Billions of yen)
                            March2004         March2003            Change           March2004              Change           March2004             Change
           ECB               Actual           Last Year            to LY           Original plan           to plan           Estimation           to Est.
                             Results           Results               %             as of May '03             %        as of February '04            %
R&D Exp.                       7     7.5%        6          7.6%     111.7%             6           7.1%     106.3%             7          7.7%      97.1%
Operating Income              15     16.4%     10          13.0%     141.6%            13          14.7%     112.3%            15         16.4%      99.3%
CAPEX                          7     8.0%        7          8.7%     102.9%             7           8.1%      98.6%             7          7.4%     107.6%




                                                                   10 / 20
                                                                                                                                        (Billions of yen)
Sales                            March2004          March2003          Change          March2004           Change           March2004           Change
              AEC                 Actual            Last Year          to LY          Original plan           to plan       Estimation          to Est.
                                  Results            Results             %            as of May '03             %        as of February '04       %
Japan                             25     42.2%       24        39.6%   105.4%           26     40.2%      102.6%                25   42.4%      99.4%
Overseas                          34     57.8%       36        60.4%   94.6%            38     59.8%      111.8%                34   57.6%      99.9%
                North America     21     35.5%       23        39.4%   89.2%            25     39.2%      119.2%                21   35.9%      98.5%
                       Europe      4      6.8%        4         6.2%   109.4%             4     6.3%          99.8%              4   6.6%       103.6%
                          Asia     9     14.9%        9        14.4%   101.9%             9    14.3%      104.0%                 9   14.8%      100.1%
                        China             0.0%                  0.0%     ---              0     0.0%            ---              0   0.0%         ---
                       Export      0      0.5%        0         0.4%   137.7%             0     0.0%            ---              0   0.3%       174.4%
Total                             59    100.0%       59     100.0%     98.9%            64    100.0%          92.6%             59   100.0%     99.7%


By Products                      March2004          March2003          Change
              AEC                 Actual            Last Year          to LY                                    Main Products
                                  Results            Results             %
Relays                              19%               25%               -6%      Automotive Relays, PCB Relays
Switches                            26%               25%               1%       Power Window Switches, Power Sheet Switches, etc.
Electronic Control Components       42%               44%               -2%      Electronic Power Steering Controllers, Door Lock Contorollers, etc.
Others                              13%                6%               7%       Laser Rader, Sensors, etc.
                                                                                                                                        (Billions of yen)
                                 March2004          March2003          Change          March2004           Change           March2004           Change
              AEC                 Actual            Last Year          to LY          Original plan           to plan       Estimation          to Est.
                                  Results            Results             %            as of May '03             %        as of February '04       %
R&D Exp.                            5        8.8%     4         6.4%    130.0%            5        7.2%       113.0%             5       9.0%     98.1%
Operating Income                    1        1.7%     4         7.1%     23.6%            6        8.7%         18.2%            1       2.0%     83.4%
CAPEX                               9    15.3%        6        10.4%    144.2%            8      12.6%        112.5%             8     13.6%     112.5%




                                                                   11 / 20
                                                                                                                                      (Billions of yen)
Sales                       March2004          March2003           Change          March2004             Change         March2004              Change
           SSB               Actual            Last Year           to LY          Original plan          to plan           Estimation          to Est.
                             Results            Results              %            as of May '03            %        as of February '04           %
Japan                       126     92.9%      105         89.8%   120.7%          113        90.4%      111.9%         128         92.7%      99.1%
Overseas                     10      7.1%       12         10.2%   80.6%             12           9.6%   79.9%              10          7.3%   95.9%
           North America      0      0.2%        0         0.2%    82.4%              1           0.6%   32.0%               0          0.1%   117.9%
                 Europe       1      0.7%        0         0.0%      ---              1           0.9%   85.6%               1          0.8%   89.7%
                     Asia     0      0.0%        0         0.1%    44.8%              0           0.0%     ---               0          0.0%   107.5%
                    China     0      0.3%        0         0.2%    124.3%             1           0.4%   71.6%               0          0.3%   102.3%
                   Export     8      5.9%       11         9.6%    71.4%             10           7.8%   82.7%               8          6.1%   95.8%
Total                       136    100.0%      117        100.0%   116.6%          125      100.0%       108.8%         138        100.0%      98.9%


By Products                 March2004          March2003           Change
           SSB               Actual            Last Year           to LY                                   Main Products
                             Results            Results              %
To Financial Institutions      35%               31%                4%       ATMs, BTRs and solutions sales
To Railway Companies           17%               20%                -3%      Ticket vending machines, pass gates and solution sales
To Traffic Sector              12%               11%                1%       Sales of road and signal management system, etc.
Others                         37%               38%                -1%      Device installation, maintenance and software development
                                                                                                                                      (Billions of yen)
                            March2004          March2003           Change          March2004             Change         March2004              Change
           SSB               Actual            Last Year           to LY          Original plan          to plan           Estimation          to Est.
                             Results            Results              %            as of May '03            %        as of February '04           %
R&D Exp.                       8        5.6%     5         4.6%     140.7%             6          4.9%    124.6%              7         5.4%    102.7%
Operating Income              10        7.6%     1         1.0%     901.7%             7          5.2%    159.5%            10          7.3%    103.7%
CAPEX                          3        2.4%     5         3.9%      70.8%             4          3.0%     84.2%              4         2.6%     88.9%




                                                                   12 / 20
                                                                                                                                    (Billions of yen)
Sales                        March2004          March2003           Change          March2004             Change        March2004           Change
             HCB              Actual            Last Year            to LY         Original plan          to plan       Estimation          to Est.
                              Results            Results              %            as of May '03            %        as of February '04       %
Japan                         21     45.4%       19        44.6%    112.7%           20       44.8%       109.2%            22    45.8%     96.8%
Overseas                      26     54.6%       23        55.4%    109.5%           24       55.2%       106.9%            26    54.2%     98.7%
             North America    13     28.4%       13        29.9%    105.3%           13       29.0%       105.9%            14    28.4%     97.9%
                   Europe      8     17.7%        8        17.8%    110.5%             8      17.5%       109.5%             8    17.3%     100.0%
                      Asia     1      2.5%        1         2.9%    97.4%              1           2.5%   109.1%             1       2.5%   101.7%
                    China      3      5.7%        2         4.6%    137.2%             3           5.7%   107.2%             3       5.8%   96.8%
                    Export     0      0.3%        0         0.1%    252.1%             0           0.5%   60.0%              0       0.2%   109.1%
Total                         47    100.0%       42     100.0%      110.9%           44      100.0%       108.0%            48   100.0%     97.8%


By Products                  March2004          March2003           Change
             HCB              Actual            Last Year            to LY                                  Main Products
                              Results            Results              %
Blood Pressure Monitors         54%               53%                 1%      Wrist/upper-arm, type for household use / and for professional use
Thermometers                    11%               11%                 0%      Ear type and feminine use for household use, and for professional use
Nebulizers                       8%                6%                 2%      Mesh-Type Nebulizer, etc.
Massage chairs                   5%                3%                 2%
Body Composition Analyzers       6%                3%                 3%
Others                          16%               24%                -8%      Law-frequency medical devices, etc.
                                                                                                                                    (Billions of yen)
                             March2004          March2003           Change          March2004             Change        March2004           Change
             HCB              Actual            Last Year            to LY         Original plan          to plan       Estimation          to Est.
                              Results            Results              %            as of May '03            %        as of February '04       %
R&D Exp.                        3        5.7%     3         5.9%     108.0%            3           6.0%    103.8%            3       5.4%    103.8%
Operating Income                7    15.3%        4         9.1%     187.0%            4           9.2%    179.5%            8    16.7%       89.7%
CAPEX                           2        4.0%     2         4.5%      98.3%            2           4.1%    105.6%            2       3.3%    118.8%




                                                                   13 / 20
                                                                                                                               (Billions of yen)
Sales                      March2004           March2003           Change      March2004              Change        March2004          Change
        Others               Actual            Last Year           to LY      Original plan           to plan       Estimation         to Est.
                            Results             Results              %        as of May '03             %        as of February '04        %
Japan                       24      98.0%       33        94.6%    73.1%        26      100.0%        92.1%           23     100.0%      104.1%
Overseas                     1       2.2%        2         5.4%    28.7%         0            0.0%      ---            0         0.0%      ---
        North America        0       0.5%       (0)        0.0% -711.8%          0            0.0%      ---            0         0.0%      ---
                 Europe     (0)     -0.1%        0         0.0% -333.3%          0            0.0%      ---            0         0.0%      ---
                    Asia     0       0.0%        0         0.1%    11.5%         0            0.0%      ---            0         0.0%      ---
                   China     0       1.7%        2         4.7%    25.8%         0            0.0%      ---            0         0.0%      ---
                 Export      0       0.1%        0         0.7%    6.4%          0            0.0%      ---            0         0.0%      ---
Total                       24    100.0%        35    100.0%       70.5%        26      100.0%        94.2%           23     100.0%      106.4%


                                                                                                                              (Billions of yen)
                           March2004           March2003           Change      March2004              Change        March2004         Change
        Others              Actual             Last Year           to LY      Original plan           to plan       Estimation           to Est.
                            Results             Results              %        as of May '03             %        as of February '04        %
R&D Exp.                     10        40.0%     9         25.6%     110.1%       9           35.8%     105.4%         10        41.3%     103.2%
Operating Income              4        15.5%     4         12.9%      85.1%       5           17.3%      84.5%          4        16.1%     102.8%
CAPEX                        10        38.8%     7         20.4%     134.6%       7           27.7%     131.9%         11        47.8%      86.4%




                                                                   14 / 20
                                                                                                                                                                                                                         (Billions of yen)
Sales                                                March2004                                                                March2003                                                              Change

(Quarterly)                                            Actual                                                                 Last Year                                                              to LY
          IAB                                          Results                                                                 Results                                                                 %

                          1Q       2Q       1st Half     3Q       4Q       2nd Half   Full       1Q       2Q       1st Half      3Q       4Q       2nd Half   Full        1Q      2Q      1st Half    3Q       4Q       2nd Half    Full
         Japan             26       28          55        30       33          63     117         22       27          49          26      27          53      102 117.7% 105.6% 111.1% 116.6% 119.1% 117.9% 114.6%

        Overseas           28       28          56        28       28          56     113         25       24          49          25      26          51      100 114.6% 113.6% 114.1% 110.6% 109.9% 110.3% 112.1%
        North America          5        5       10            5        5        9       20            5        5       10             5        5       10        20      98.9%   99.1%    99.0%      94.7%    100.8% 97.6%         98.3%
                 Europe    15       14          29        15       17          31       61        13       12          25          13      15          28        53 115.2% 117.3% 116.2% 112.3% 112.9% 112.6% 114.4%
                   Asia        3        3        7            3        3        7       14            3        3         6            3        3         6       12 126.4% 105.6% 115.1% 111.1% 108.8% 109.9% 112.4%

                  China        5        5       10            5        4        9       18            4        4         7            4        3         8       15 132.3% 125.3% 128.6% 124.8% 109.3% 117.7% 123.1%

                 Export        0        0        0            0        0        0            0        0        0         0            0        0         0           0   15.0%   267.4%   62.2%      90.0%    172.5% 131.3% 79.1%

Total                      54       56         111        58       61         119     230         47       51          98          51      53         104      203 116.1% 109.4% 112.6% 113.6% 114.6% 114.1% 113.4%




                                                                                                                                                                                                                         (Billions of yen)
(Quarterly)                                          March2004                                                                March2003                                                              Change
          IAB                                          Actual                                                                 Last Year                                                              to LY

                                                       Results                                                                 Results                                                                 %

                          1Q       2Q       1st Half     3Q       4Q       2nd Half   Full       1Q       2Q       1st Half      3Q       4Q       2nd Half   Full        1Q      2Q      1st Half    3Q       4Q       2nd Half    Full
Operating Income               8        8       16            9        9       18       34            5        8        13            7        4        11       24 165.6%       100.0%   124.5%     123.6%   234.5%    162.9%     141.9%
CAPEX                                                                                        7                                                                       8                                                             91.3%




                                                                                                                   15 / 20
                                                                                                                                                                                                                         (Billions of yen)
Sales                                                 March2004                                                               March2003                                                              Change

(Quarterly)                                            Actual                                                                 Last Year                                                              to LY
         ECB                                           Results                                                                 Results                                                                 %

                          1Q       2Q       1st Half     3Q       4Q       2nd Half   Full       1Q       2Q       1st Half      3Q       4Q       2nd Half   Full        1Q      2Q      1st Half    3Q       4Q       2nd Half    Full
         Japan             12       11          24        13       11          24       48        11       10          21          11      11          22        43 117.0% 106.7% 111.9% 119.6%               97.2% 108.1% 110.2%

        Overseas           10       10          20        10       11          22       42            9        9       18             9        9       18        36 109.1% 115.1% 112.0% 116.0% 118.6% 117.3% 114.3%
        North America          3        3        5            3        2        5       10            3        3         6            3        3         6       12      89.9%   88.0%    89.0%      88.4%    93.2%      90.7%     89.8%
                 Europe        3        2        5            2        3        5       10            2        2         4            2        3         5           9 115.4% 115.0% 115.2% 103.5% 114.3% 109.2% 112.0%
                   Asia        1        1        2            1        1        3            5        1        1         2            1        1         2           5 101.7% 110.6% 106.2% 102.0% 113.1% 107.6% 106.9%

                  China        2        2        4            2        2        5            9        2        2         4            2        2         4           8 106.0% 131.6% 117.2% 130.5% 121.6% 125.7% 121.5%

                 Export        1        2        3            2        2        4            7        1        1         1            1        1         2           3 220.4% 178.5% 194.1% 236.3% 215.8% 226.1% 211.2%

Total                      22       21          44        23       22          45       89        20       19          39          20      21          40        79 113.3% 110.5% 112.0% 117.9% 106.9% 112.3% 112.1%




                                                                                                                                                                                                                         (Billions of yen)
(Quarterly)                                           March2004                                                               March2003                                                              Change
         ECB                                           Actual                                                                 Last Year                                                              to LY

                                                       Results                                                                 Results                                                                 %

                          1Q       2Q       1st Half     3Q       4Q       2nd Half   Full       1Q       2Q       1st Half      3Q       4Q       2nd Half   Full        1Q      2Q      1st Half    3Q       4Q       2nd Half    Full
Operating Income               4        3         8           4        3        7       15            2        3         5            4        2         6       10 254.4%       112.8%   162.3%     98.9%    181.8%    124.6%     141.6%
CAPEX                                                                                        7                                                                       7                                                             102.9%




                                                                                                                   16 / 20
                                                                                                                                                                                                                       (Billions of yen)
Sales                                                 March2004                                                               March2003                                                             Change

(Quarterly)                                            Actual                                                                 Last Year                                                             to LY
         AEC                                           Results                                                                 Results                                                                %

                          1Q       2Q       1st Half     3Q       4Q       2nd Half   Full       1Q       2Q       1st Half      3Q       4Q       2nd Half   Full        1Q      2Q     1st Half    3Q       4Q      2nd Half    Full
         Japan                 6        6       12            6        7       13       25            5        6       11             6        6       13        24 115.5% 100.1% 107.4% 103.4% 104.0% 103.7% 105.4%

        Overseas               9        8       17            9        9       17       34            9        9       18             9        9       18        36 100.7%       88.7%   94.6%      94.5%    94.9%     94.7%     94.6%
        North America          5        5       11            5        5       10       21            6        6       12             6        6       12        23      93.2%   87.8%   90.5%      87.0%    88.8%     87.9%     89.2%
                 Europe        1        1        2            1        1        2            4        1        1         2            1        1         2           4 120.0% 104.1% 112.0% 107.5% 106.9% 107.2% 109.4%
                   Asia        2        2        4            2        2        5            9        2        2         4            2        2         5           9 115.4%    80.1%   96.8% 107.4% 105.4% 106.4% 101.9%

                  China                 0        0                     0        0            0                           0                     0         0           0    ---      ---     ---        ---     ---        ---       ---

                 Export                 0        0                     0        0            0                 0         0                     0         0           0    ---    208.2% 208.2%        ---    95.8%     95.8% 137.7%

Total                      15       14          28        15       16          31       59        14       15          28          15      16          31        59 106.2%       93.1%   99.5%      98.2%    98.6%     98.4%     98.9%




                                                                                                                                                                                                                       (Billions of yen)
(Quarterly)                                           March2004                                                               March2003                                                             Change
         AEC                                           Actual                                                                 Last Year                                                             to LY

                                                       Results                                                                 Results                                                                %

                          1Q       2Q       1st Half     3Q       4Q       2nd Half   Full       1Q       2Q       1st Half      3Q       4Q       2nd Half   Full        1Q      2Q     1st Half    3Q       4Q      2nd Half    Full
Operating Income               0        0         0           0        1        1            1        1        1         2            1        1         2           4   35.5%    0.8%     ---      13.8%    72.5%     34.9%      23.6%
CAPEX                                                                                        9                                                                       6                                                           144.2%




                                                                                                                   17 / 20
                                                                                                                                                                                                                          (Billions of yen)
Sales                                                 March2004                                                                March2003                                                               Change

(Quarterly)                                            Actual                                                                  Last Year                                                               to LY
         SSB                                           Results                                                                  Results                                                                  %

                          1Q       2Q       1st Half     3Q       4Q       2nd Half   Full       1Q        2Q       1st Half      3Q        4Q       2nd Half   Full        1Q      2Q      1st Half    3Q       4Q      2nd Half    Full
         Japan             23       25          48        29       49          78     126         15        20          35          22       47          69      105 153.8% 123.4% 136.4% 127.8% 105.4% 112.6% 120.7%

        Overseas               2        3        5            2        2        4       10            3         4         6            3         2         6       12      88.3%   79.7%    83.5%      69.1%    89.2%     77.4%     80.6%
        North America          0        0        0            0        0        0            0        0         0         0            0         0         0           0   75.3%   83.3%    78.9%      88.9%    86.0%     87.4%     82.4%
                 Europe        0        0        1            0        0        0            1        0         0         0            0         0         0           0    ---      ---      ---        ---     ---        ---      ---
                   Asia        0        0        0            0        0        0            0        0         0         0            0         0         0           0   16.7%   37.0%    24.0%      100.0% 150.0% 119.0% 44.8%

                  China        0        0        0            0        0        0            0        0         0         0            0         0         0           0   81.7%   135.9%   95.9%      575.7%   2.9%     154.3% 124.3%

                 Export        2        2        4            2        2        4            8        3         3         6            3         2         5       11      77.6%   72.7%    74.8%      57.8%    82.3%     67.6%     71.4%

Total                      26       28          54        31       52          82     136         18        24          42          26       49          75      117 143.6% 117.0% 128.4% 120.3% 104.7% 110.0% 116.6%




                                                                                                                                                                                                                          (Billions of yen)
(Quarterly)                                           March2004                                                                March2003                                                               Change
         SSB                                           Actual                                                                  Last Year                                                               to LY

                                                       Results                                                                  Results                                                                  %

                          1Q       2Q       1st Half     3Q       4Q       2nd Half   Full       1Q        2Q       1st Half      3Q        4Q       2nd Half   Full        1Q      2Q      1st Half    3Q       4Q      2nd Half    Full
Operating Income           (1)          2         1           4        6        9       10            -5        1        -4            -1        6         5           1    ---    124.1%     ---       ---     91.2%    190.9%     901.7%
CAPEX                                                                                        3                                                                         5                                                            70.8%




                                                                                                                    18 / 20
                                                                                                                                                                                                                        (Billions of yen)
Sales                                                 March2004                                                               March2003                                                              Change

(Quarterly)                                            Actual                                                                 Last Year                                                              to LY
         HCB                                           Results                                                                 Results                                                                 %

                          1Q       2Q       1st Half     3Q       4Q       2nd Half   Full       1Q       2Q       1st Half      3Q       4Q       2nd Half   Full        1Q      2Q      1st Half    3Q       4Q      2nd Half    Full
         Japan                 5        5       10            6        5       11       21            5        5       10             5        4         9       19 113.2% 104.1% 108.4% 123.7% 109.1% 117.1% 112.7%

        Overseas               7        6       12            7        6       13       26            6        5       11             6        6       13        23 117.7% 112.4% 115.2% 108.3% 100.9% 104.7% 109.5%
        North America          4        3        7            4        3        7       13            3        3         6            3        3         6       13 111.6% 102.9% 107.3% 105.3% 101.2% 103.3% 105.3%
                 Europe        2        2        4            2        2        5            8        2        2         3            2        2         4           8 126.6% 116.9% 121.8% 107.9% 97.9%               102.8% 110.5%
                   Asia        0        0        1            0        0        1            1        0        0         1            0        0         1           1 114.1% 92.3%       103.0% 91.7%        91.0%     91.4%     97.4%

                  China        1        1        1            1        1        1            3        0        0         1            1        1         1           2 146.7% 162.7% 153.5% 130.6% 118.4% 124.7% 137.2%

                 Export        0        0        0            0        0        0            0        0        0         0                     0         0           0   25.0%   -43.8% 742.9%         ---    87.8%    168.3% 252.1%

Total                      12       11          23        13       11          24       47        10       10          20          12      10          22        42 115.7% 108.4% 112.0% 115.1% 104.3% 110.0% 110.9%




                                                                                                                                                                                                                        (Billions of yen)
(Quarterly)                                           March2004                                                               March2003                                                              Change
         HCB                                           Actual                                                                 Last Year                                                              to LY

                                                       Results                                                                 Results                                                                 %

                          1Q       2Q       1st Half     3Q       4Q       2nd Half   Full       1Q       2Q       1st Half      3Q       4Q       2nd Half   Full        1Q      2Q      1st Half    3Q       4Q      2nd Half    Full
Operating Income               2        2         4        64          0        3            7        1        1         2            2        0         2           4 160.5%    285.7%   205.2% 3803.1% 129.0%        168.2%     187.0%
CAPEX                                                                                        2                                                                       2                                                            98.3%




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                                                                                                                                                                                                                                (Billions of yen)
Sales                                                 March2004                                                               March2003                                                                   Change

(Quarterly)                                            Actual                                                                 Last Year                                                                   to LY
        Others                                         Results                                                                 Results                                                                      %

                          1Q       2Q       1st Half     3Q       4Q       2nd Half   Full       1Q       2Q       1st Half      3Q        4Q        2nd Half   Full         1Q        2Q      1st Half     3Q        4Q       2nd Half    Full
         Japan                 5        6       11            6        7       13       24            8    10          18             7         7        15        33       65.1%     56.4%     60.4%      82.5%     95.1%      88.7%      73.1%

        Overseas               0        0        0            0        0        0            1        0        1         1            1         0          1           2    92.9%     10.8%     32.9%      15.2%     34.8%      24.8%      28.7%

        North America          0        0        0         (0)         0        0            0        0        0         0            0         0          0           0   1750.0%   200.0%    406.7%      7.8%      82.1%     -187.5%    -711.8%

                 Europe    (0)      (0)          (0)          0    (0)          (0)      (0)          0        0         0            0         0          0           0    50.0%    -75.0%    175.0%     -150.0%   -133.3%    -130.0%    -333.3%

                   Asia        0    (0)          (0)          0        0        0            0        0        0         0            0         0          0           0    0.0%     -314.3%   -244.4%    -233.3%    15.4%      147.1%     11.5%

                  China        0        0        0            0        0        0            0        0        0         1            1         0          1           2    74.6%     14.0%     34.5%      12.7%     29.8%      18.9%      25.8%

                 Export        0        0        0         (0)         0        0            0        0        0         0            0         0          0           0    ---       1.4%       8.1%     -24.0%     39.5%       3.4%      6.4%

Total                          6        6       11            6        7       13       25            9    11          19             8         8        16        35       65.9%     53.7%     59.1%      78.3%     91.3%      84.6%      70.7%




                                                                                                                                                                                                                                (Billions of yen)
(Quarterly)                                           March2004                                                               March2003                                                                   Change
        Others                                         Actual                                                                 Last Year                                                                   to LY

                                                       Results                                                                 Results                                                                      %

                          1Q       2Q       1st Half     3Q       4Q       2nd Half   Full       1Q       2Q       1st Half      3Q        4Q        2nd Half   Full         1Q        2Q      1st Half     3Q        4Q       2nd Half    Full
Operating Income           (1)          3         2           3    (5)          (9)          4        0        1         1            25        -2        -5           5    ---      196.9%    151.7%      11.0%    267.4%     183.2%     85.1%
CAPEX                                                                                    10                                                                            7                                                                  134.6%




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