Financial Overview

(in millions of JPY)

	FY ended Mar. 31, 2012	FY ended Mar. 31, 2011	Rate of Change (%)	Factors
Sales	135,376	59,278	-	1)
Operating Income	9,779	5,401	-	-
Ordinary Profit	8,864	5,572	-	-
Net Income	13,727	3,144	-	-

- Prior to March 2011, the Company operated as a single entity, Kikuchi Co., Ltd. From the 2012 fiscal year, figures reflect the Company's performance after its merger with Takao Kinzoku Kogyo., Co. Ltd.

Factors
1)
<Japan>
- Production volumes significantly dropped for a period right after the Great East Japan Earthquake and the flooding in Thailand. However, production at the Company's customers recovered to strong levels afterward.
- Revenue for the year was 47,517 million yen, and profit generated in Japan was 3,613 million yen.

<North America>
- Four companies were added as consolidated subsidiaries after the merger with Takao Kinzoku. Due to the Great East Japan Earthquake and the flooding in Thailand, production sharply dropped for a certain period. Nevertheless, production recovered along with the recovery at the Company's customers.
-Revenue was 43,649 million yen, and profit generated in North America was 1,196 million yen.

<Europe>
- One company was added as a consolidated subsidiary after the merger. Even though the European operations were affected by the Earthquake in Japan and the flooding in Thailand, sales at die facilities increased.
- Revenue was 9,545 million yen, and profit generated in Europe was 1,158 million yen.

<Asia>
- Four companies were added as consolidated subsidiaries as a result of the merger. Due to the flooding in Thailand, some of the Company's subsidiaries had to halt production operations. Two subsidiaries posted strong results.
- As a result of a reorganization of Indian operations, the operations of Global Auto-Parts Alliance India Private Ltd. were transferred to G-TEKT India Private Ltd.、 which resulted in an extraordinary loss.
- Revenue was 15,684 million yen, and profit generated in Asia was 2,475 million yen.

<China>
- One company was added as a consolidated subsidiary as a result of the merger. Some degree of recovery was seen emerging after the Great East Japan Earthquake, but the flooding in Thailand impacted operations, with the Company's customers reducing their production operations temporarily.
-Revenue was 24,719 million yen, and profit generated in China was 1,122 million yen.

<South America>
- Sales of automotive body parts decreased as a result of the Great East Japan Earthquake.
- While revenue was 4,316 million yen, the South American operations posted a loss of 38 million yen.

New Company

- The Company announced that it will form a new manufacturing subsidiary in Karawang, West Java, Indonesia. The new company, PT. G-TEKT Indonesia Manufacturing, will produce automotive body structural parts and thick precision parts. G-TEKT plans to invest 4 billion yen in the new company. The land area of the facility is 73,078 square meters and the building will cover 11,209 square meters. The new company is scheduled to be operational in January 2013, and its annual sales are estimated to be 3.2 billion yen in 2015. (From a press release on December 23, 2011)

Joint Venture

- The Company established a joint-venture, G-One auto Parts De Mexico, S.A. De C.V., with H-One in March 2012. Operations at the new joint venture are scheduled to start from January 2014.

- H-ONE Co., Ltd. and the Company both in Saitama Pref., Japan, announced additional information including the site and the production volume concerning their joint-venture plan in Mexico, which they announced on Dec. 26, 2011.   The company will be established in Celaya, Guanajuato, Mexico.  An operating officer of the company will be its representative.  They will invest approx. US$46 million (approx. 3,528 million yen) in total and plan to achieve sales of approx. US$66 million (approx. 5.06 billion yen) in 2015.  With a large-size transfer press and welding facilities, they plan to produce automotive parts of 200,000 vehicles per year.  The two companies had announced that, in order to respond to growing businesses of automakers, they would establish in February a new fifty-fifty joint venture company in Mexico, which would start operations in April 2014. (From an article in the Nikkan Jidosha Shimbun on January 21, 2012)

- The Company and H-ONE Co., Ltd. announced that they will establish a 50-50 joint venture, which will manufacture and sell automotive components, in Mexico. The new company, capitalized at approximately 20 million USD, is expected to be operational in April 2014. (From a press release on December 26, 2011)

>>>Financial Forecast for the Next Fiscal Year (Sales, Operating Income etc.)

R&D Expenditure

(in millions of JPY)

	FY ended Mar. 31, 2012	FY ended Mar. 31, 2011	FY ended Mar. 31, 2010
Overall	199	199	264

- The Company will launch development of a hot-stamping method for ultra-high-tensile steel sheets, which can further increase the strength levels of the materials. By the end of 2012, the company will install dedicated production equipment at its Hamura Plant, Tokyo and work on developing a new mass production technology. Honda Motor Co., Ltd., the company's major customer, has adopted structural components made from hot stamped ultra-high-tensile steel sheets in its new mini passenger vehicle. Since the automaker is likely to expand use of these advanced products in its product lineup, G-Tekt is poised to accelerate its development activities to meet the needs for lighter and safer products. It aims to engineer a highly competitive hot-stamping method to help its customers introduce hot-stamped, ultra-high-tensile steel sheets to a wider variety of vehicle models globally. (From an article in the Nikkan Jidosha Shimbun on March 16, 2012)

R&D Structure

- R&D activities involving new technologies and new products are conducted at the Company's main Technology Development Department.

- Fifteen engineers work at the Product Development Section as of March 2012.

R&D Activities

-Major R&D activities and achievements in the FY, which ended Mar. 31, 2012
1. Developing hot-press technology
2. Developing forming technology to manufacture high tensile strength steel sheets
3. Developing non-destructive inspection technology to test spot-welded points.
4. Developing precision stamping technology for precision,  heavy sheet-metal.
5. Developing technology to create forming simulations
6. Developing technology that contributes to reducing vehicle weight

Technology Contract Offered by the Company

(As of Mar. 31, 2012)

Partner	Country	Details	Period
Jefferson Industries Corporation	USA	Nonexclusive license involving production, use, and sales rights regarding technological and production expertise on automotive parts, stamping dies, and jigs	2003.10.01-2006.09.30 automatic extension every year thereafter
Jefferson Elora Corporation	Canada	Nonexclusive license involving production, use, and sales rights regarding technological and production expertise on automotive parts, stamping dies, and jigs	1997.03.31-2002.03.30 automatic extension every 5 years thereafter
Jefferson Southern Corporation	USA	Nonexclusive license involving production, use, and sales rights regarding technological and production expertise on automotive parts, stamping dies, and jigs	2001.05.31-2006.05.30 automatic extension every year thereafter
Austin Tri-Hawk Automotive Inc.	USA	Nonexclusive license involving production, use, and sales rights regarding technological and production expertise on automotive parts, stamping dies, and jigs	1998.01.25-2001.01.24 automatic extension every year thereafter
G-KT do Brasil Ltda.	Brazil	Nonexclusive license involving production, use, and sales rights regarding technological and production expertise on automotive parts, stamping dies, and jigs	1997.05.30-2002.05.29 automatic extension every year thereafter
Auto Parts Alliance (China) Ltd.	China	Nonexclusive license involving production, use, and sales rights regarding technological and production expertise on automotive parts, stamping dies, and jigs	2011.07.01 - 2016.06.30
Wuhan Auto Parts Alliance Co., Ltd.	China	Nonexclusive license involving production, use, and sales rights regarding technological and production expertise on automotive parts, stamping dies, and jigs	2011.04.01 - 2016.03.31
G-TEKT Europe Manufacturing Ltd.	U.K.	Nonexclusive license involving production, use, and sales rights regarding technological and production expertise on automotive parts, stamping dies, and jigs	2000.02.01 - 2004.01.31 automatic extension every year thereafter
G-TEKT (Thailand) Co., Ltd.	Thailand	Nonexclusive license involving production, use, and sales rights regarding technological and production expertise on automotive parts, stamping dies, and jigs	1997.04.01 - 2002.03.31 automatic extension every year thereafter
G-TEKT Eastern Co., Ltd.	Thailand	Nonexclusive license involving production, use, and sales rights regarding technological and production expertise on automotive parts, stamping dies, and jigs	1996.05.01 - 2001.04.30 automatic extension every year thereafter
G-TEKT India Private Ltd.	India	Nonexclusive license involving production, use, and sales rights regarding technological and production expertise on automotive parts, stamping dies, and jigs	2008.06.26 - 2013.06.25 automatic extension every year thereafter

Capital Expenditure

(in millions of JPY)

	FY ended Mar. 31, 2012	FY ended Mar. 31, 2011	FY ended Mar. 31, 2010
Overall	12,698	5,813	8,513

Capital Investments in FY ended Mar. 31, 2012
-The Company mainly invested to acquire production facilities at the Saitama Plant in Japan in order to produce new types of vehicle models, to expand the facilities at its Tochigi Plant in order to increase production capacity, to acquire machinery and equipment, to expand and enhance the production capacity at its Chinese operations, and to increase and enhance its die production capacity.

Recent Investment in Japan

-Expand plant buildings at the Tochigi Plant
-New model "CR-V" and "N-BOX"

Recent Investment Outside Japan

<North America>
-New model "CR-V" and "RDV"

<China>
APAC
-3,000t transfer press
-800t transfer press

WAPAC
-New model "Civic"
-Expand plant buildings

<Asia>
-1,500t Trial press
-New model "CR-V" and "Civic"
-Facilities designated for Mitsubishi and Suzuki business
-Expanding shipping warehouse

<Europe>
-Expanding the area to store parts and wagons/push-carts at its Wales Plant

<South America>
-Transfer press
-Investing to rationalize welding operations

Planned Capital Investments

(As of Mar. 31, 2012)

Plant	City	Equipment to be installed	Estimated amount of investment (in millions of yen	From	To	Purpose of investments
Saitama Plant	Saitama Pref., Japan	Equipment for manufacturing auto parts (stamping and welding equipment)	1,536	Apr. 2012	Mar. 2013	Increasing production capacity
		Equipment for manufacturing auto parts (dies, jigs and tools)	1,885	-	-	Dealing with model changes
Tochigi Plant	Tochigi Pref., Japan	Equipment for manufacturing auto parts (stamping and welding equipment)	1,605	May 2012	Apr. 2013	Increasing production capacity
		Equipment for manufacturing auto parts (stamping and welding equipment)	94	-	-	Dealing with model changes
Jefferson Industries Corporation	Ohio, USA	New facility	429	Apr. 2012	Mar. 2014	Increasing production capacity
		Equipment for manufacturing auto parts (stamping and welding equipment)	1,052	Apr. 2012	Mar. 2014	Increasing production capacity
		Equipment for manufacturing auto parts (dies, jigs and tools)	747	-	-	Dealing with model changes
Jefferson Southern Corporation	Georgia, USA	New facility	353	Jan. 2013	Feb. 2013	Increasing production capacity
		Equipment for manufacturing auto parts (stamping and welding equipment)	1,157	Mar. 2012	Mar. 2014	Increasing production capacity
		Equipment for manufacturing auto parts (dies, jigs and tools)	197	-	-	Dealing with model changes
Austin Tri-Hawk Automotive Inc.	Indiana, U.S.A.	New facility	35	Aug. 2011	Jul. 2012	Increasing production capacity
		Equipment for manufacturing auto parts (stamping and welding equipment)	1,151	Apr. 2011	Jul. 2014	Increasing production capacity
		Equipment for manufacturing auto parts (dies, jigs and tools)	1,405	-	-	Dealing with model changes
G-One auto Parts De Mexico, S.A. De C.V.	Guanajuato, Mexico	Plant designated for new production New facilities	3,727	Apr. 2012	Dec. 2013	-
G-TEKT (Thailand) Co., Ltd.	Ayutthaya, Thailand	Equipment for manufacturing auto parts (dies, jigs and tools)	2,226	-	-	Dealing with model changes
PT. G-TEKT Indonesia Manufacturing	Karawang, Indonesia	Plant designated for new production New facilities	5,932	Mar. 2012	Dec, 2016	-
Auto Parts Alliance (China) Ltd.	Guangzhou, Guangdong Province, China	Equipment for manufacturing auto parts (stamping and welding equipment)	453	Jan. 2012	Dec. 2012	Increasing production capacity
		Equipment for manufacturing auto parts (dies, jigs and tools)	180	-	-	Dealing with model changes
Wuhan Auto Parts Alliance Co., Ltd.	Wuhan, Hubei, China	New facility	315	Sep. 2011	Jun. 2012	Increasing production capacity
		Equipment for manufacturing auto parts (stamping and welding equipment)	631	Sep. 2011	Sep. 2012	Increasing production capacity
		Equipment for manufacturing auto parts (dies, jigs and tools)	857	-	-	Dealing with model changes