Financial Overview

(in millions of JPY)

	FY2009	FY2008	Rate of Change (%)	Factors
Overall
Sales	16,352	19,109	(14.4)	-
Operating income	(361)	(722)	-	-
Ordinary income	(209)	(530)	-	-
Net income	(158)	17	-	-
Electric Products Division
Sales	8,197	11,447	(28.4)	-
Operating income	4	14	(71.4)	-
Motor Division
Sales	7,525	6,591	14.2	-Increased production of vehicles by customers who use the Company's key products, including motors for power steering and ABS in vehicles.
Operating income	140	(168)	-	-

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

R&D Expenditure

(in millions of JPY)

	FY2009	FY2008	FY2007
Overall	242	227	319
Electrical Products Division	119	131	213
Motor Division	85	65	67

R&D Activities

Motor Division
-The Company is developing a compact, high output and low-cogging type brushless motor for use in a vehicle to save energy and a small-size ABS motor for easier installation.

Capital Expenditure

(in millions of JPY)

	FY2009	FY2008	FY2007
Overall	250	578	737

-The Company made investment in establishment of a rationalized production line for electric products, rationalization of facilities to save energy and introduce IT, and installation of new molds to allow the Company to respond to orders for new products and to update old facilities.

The Major Investments on Mechanical Equipment

(in millions of JPY)

Segment	Amount	Main facilities
Electrical Products Division	87	Electric components rationalization facilities, etc.
Motor Division	11	Motor production line

Capital Investment Plans

(As of Mar. 31, 2010)

Site name	Location	Type of facility and activities	Planned investment amount (million yen)	From	To
Headquarters factory	Shizuoka Pref., Japan	Equipment to streamline production of EPS motors	291	Oct. 2009	Aug. 2010
Headquarters factory	Shizuoka Pref., Japan	Electric component production; and rationalizing facilities	49	Apr. 2010	Mar. 2011
Gotemba factory	Shizuoka Pref., Japan	Equipment for new model motor production	48	Apr. 2010	Mar. 2011