Financial Overview

(in millions of JPY)

	FY2010	FY2009	Rate of Change (%)	Factors
Overall
Sales	11,597	10,049	15.4	-
Operating income	701	(150)	-	-
Ordinary income	494	(397)	-	-
Current net income	49	(465)	-	-

Highlights by Region

<Japan>
Domestic sales ware supported by growing vehicle exports by the Company's customers, as well as the effect of the eco-car incentive programs. Sales were 10,539 million yen, up 15.8 percent year-on-year, and operating profit was 490 million yen.

<USA>
Demand began to pick up, as the slowing U.S. automotive market started to stabilize. Sales in the U.S., however, remained weak due partially to a delay in new business. Sales were 1,480 million yen, up 5.1 percent year-on-year. The division reported an operating loss of 39 million yen.

Divestitures

- Cooper Standard Automotive Inc. announced its acquisition of USi, Inc. from the Company. USi, based in Tennessee, U.S., provides a coating process for use in automotive applications, including vehicles produced by a number of global automakers, including Ford, General Motors, Honda, Hyundai, Nissan and Toyota. Through the sale, Cooper Standard acquires USi's 109,000 square-foot plant in Tennessee. Terms of the sale were not disclosed. (From a press release on March 28, 2011)

Outlook for FY2011

(in millions of JPY)

	FY2011 (forecast)	FY2010 (Actual)
Sales	9,123	11,597
Operating income	275	701
Ordinary income	61	494
Net income	57	49

R&D Expenditure

(in millions of JPY)

	FY2010	FY2009	FY2008
Overall	1	1	2

Capital Expenditure

(in millions of JPY)

	FY2010	FY2009	FY2008
Overall	713	635	721

Capital Investment for FY2010
-The Company invested most heavily in the auto parts business.
-The Company spent approximately 485 million yen in dies to manufacture parts for compact SUVs and small trucks.