( Unit:Millions of Yen, figures less than a million yen are omitted.)

(1)Results of Operations

	Three months ended June 30		change
	2000	1999	(%)
Net sales	56,323	48,897	15.2
Operating income	9,884	8,068	22.5
Ordinary income	10,146	8,460	19.9
Net income	6,233	4,828	29.1
Net income per share(Yen)	53.68	41.58	-
Ordinary income / net sales	18.0%	17.3%	-

Notes : No changes have been made in accounting policy.

(2)Financial Position

	As of June 30,
	2000	1999
Total assets	241,234	239,341
Shareholders' equity	178,044	175,145
Shareholders' equity ratio	73.8%	73.2%
Shareholders' equity per share (Yen)	1,533.23	1,508.28

2.Earnings Forecasts (First Half : Six months ending September 30, 2000)

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	Six months ended Sep.30,
	2000	1999
Net sales	112,000	98,921
Operating income	18,800	16,449
Ordinary income	19,000	16,946
Net income	11,700	9,590
Ref:Expected net income per share (Yen)	100.75	82.58

This report is provided solely for the information of professional analysts who are expected to make their own evaluation of the company. These statements are based on management's assumptions and beliefs in light of the information currently available to it and therefore you should not place undue reliance on them.
These forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, performance or achievements to differ materially from that anticipated in these statements. These factors include changes in economic onditions, trends in our major markets, or currency exchange rates.
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