Financial Overview

(in millions of JPY)

	FY2010	FY2009	Rate of change (%)	Factors
Overall
Sales	19,421	16,412	18.3	-
Operating income	627	43	1,358.1	-
Ordinary income	910	225	304.4	-
Current net income	737	(36)	-	-
Die-casting Business
Sales	18,860	13,990	34.8	-Sales increased year-on-year as a result of tax reductions on eco cars and eco-car sales incentives that created a strong market for mainly fuel-efficient mini and compact cars. Nevertheless, unit sales dropped after the incentives ended, as well as after the Great East Japan Earthquake.
Operating income	1,468	771	90.4	-

Performance Forecast

(in millions of JPY)

	FY2011 Forecast	FY2010 Result	Rate of change (%)
Sales	19,700	19,421	1.4
Operating income	180	627	(71.3)
Ordinary income	600	910	(34.1)
Net income	600	737	(18.6)

R&D Expenditure

(in millions of JPY)

	FY2010	FY2009	FY2008
Automobile & other vehicle components	1	2	2

R&D Structure

 Die-casting Business
-The SE section is in charge of all activities, from development through to design, casting and appraisal.
-The Company is focusing on creating a market through developmental technology, conducting activities that will increase the re-use/recycle rate of parts materials while keeping environmental concerns in mind.

Capital Expenditure

(in millions of JPY)

	FY2010	FY2009	FY2008
Overall	914	794	1,576
Die-casting Business	907	789	1,563

Die-casting Business
-The Company invested mainly in the repair and upkeep of its current facilities and equipment. It also made capital improvements, rationalizing and renewing its production facilities.

New Equipment Installations

(As of Mar. 31, 2011)

Company/ Facility (Location)	Equipment	Planned amount of investment (million yen)	Project period		Capacity increase
			From	To
The Company Nissin Plant (Aichi, Japan)	Die-casting equipment	400	Mar. 2011	Mar. 2012	*1
	Processing equipment	202	Mar. 2011	Mar. 2012	*1
The Company Kumamoto Plant (Kumamoto, Japan)	Processing equipment	92	Mar. 2011	Mar. 2012	*1
Toki Malleable Iron Co., Ltd. (Gifu, Japan)	Die-casting equipment	29	Apr. 2011	Mar. 2012	*1
Suzhou Chuo Malleable Iron Co., Ltd. (Suzhou, China)	Die-casting equipment	250	July 2010	Sep. 2011	166tons/month expected
	Die-casting equipment	2,000	Aug. 2011	Oct. 2012	2,250tons/month expected

*1: The project is to renew facilities, so the production capacity will remain unchanged.