Financial Highlights

Trends in Consolidated Performance Results

Sales and Profits (Net sales, Ordinary income, Net income)	Ratio of Profits to Net Sales (Operating income ratio, Ordinary income ratio, Net income ratio)
Comparative Ratios of Net Sales by Area	Capital Structure (Total assets, Net assets, Equity ratio)
Per Share Data (Net income, Net assets)	Capital Expenditure/Depreciation and Amortization
R&D Expenses	Interest-Bearing Debt
Return on Equity (ROE) Return on Assets (ROA)	Cash Flows

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		FY2004 (2004/3)	FY2005 (2005/3)	FY2006 (2006/3)	FY2007 (2007/3)	FY2008 (2008/3)
Net sales	(Millions of yen)	103,442	111,822	126,863	141,870	154,838
Operating income	(Millions of yen)	7,059	9,049	9,974	15,002	18,349
Ordinary income	(Millions of yen)	6,336	9,783	12,362	16,782	15,532
Net income	(Millions of yen)	4,082	6,282	7,875	9,246	8,670
Total assets	(Millions of yen)	208,291	211,345	206,967	215,403	211,774
Net assets	(Millions of yen)	141,643	144,224	150,597	153,978	155,863
Equity ratio	(%)	68.0	68.2	72.8	71.5	73.6
Net income per share	(Yen)	55.64	87.39	111.85	133.47	127.39
Net assets per share	(Yen)	1,963.75	2,048.25	2,167.27	2,249.67	2,304.73
Capital expenditure	(Millions of yen)	1,705	2,877	4,629	3,156	2,034
Depreciation and amortization	(Millions of yen)	2,513	2,273	2,314	2,375	2,784
R&D expenses	(Millions of yen)	3,892	3,986	4,830	5,385	6,008
Interest-bearing debt	(Millions of yen)	29,899	23,956	2,434	1,357	1,186
Return on equity (ROE)	(%)	2.9	4.4	5.3	6.1	5.6
Return on assets (ROA)	(%)	3.0	4.7	5.9	7.9	7.3
Net cash provided by operating activities	(Millions of yen)	7,720	9,962	10,084	6,199	21,008
Net cash provided by (used in) investing activities	(Millions of yen)	3,209	3,196	(2,103)	(211)	(2,020)
Net cash provided by (used in) financing activities	(Millions of yen)	(22,267)	(10,196)	(25,125)	(5,519)	(4,797)