Presentation Transcripts

Latest Update : May 26, 2009

Back to Financial Results (FY3/2009)

Investor Meeting Presentation for FY 3/2009 held on May 8, 2009

Table of Contents

Capital expenditures for the fiscal year ended March 31, 2009 totaled 20.2 billion yen, down 4.7 billion yen from the previous year. While we built a new rod-end bearing factory in Karuizawa, we scaled down our original plan significantly in light of the changing market environment with abrupt fall in demand during the fiscal year.

For the fiscal year ending March 31, 2010, with the exception of the planned construction of a new surface treatment facility at the Fujisawa Plant, we plan to restrict capital expenditures since we do not see a need for additional capacity in light of the current demand situation, and also because of the global economic uncertainty.

13page (total 44pages)

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