Financial Overview

(in millions of JPY)

	FY ended Mar. 31, 2013	FY ended Mar. 31, 2012	Rate of change (%)	Factors
Overall
Sales	21,452	20,896	2.7	-
Operating income	606	528	14.8	-
Ordinary income	1,046	918	13.9	-
Current net income	683	986	(30.7)	-
Die-casting Business
Sales	20,807	20,253	2.7	-The Company experienced temporary slowdowns in production, being negatively impacted by a drop in sales after the eco-car sales incentives ended and the tense political situation between Japan and China. -Sales increased year-on-year due to the strong automotive markets in North America, Southeast Asia and elsewhere.
Operating income	1,526	1,347	13.3	-

Outlook for FY ending Mar. 31, 2014

(in millions of JPY)

	FY ending Mar. 31, 2014 (Forecast)	FY ended Mar. 31, 2013 (Actual Results)	Rate of change (%)
Sales	21,300	21,452	(0.7)
Operating income	400	606	(34.0)
Ordinary income	910	1,046	(13.0)
Net income	660	683	(3.4)

R&D Expenditure

(in millions of JPY)

	FY ended Mar. 31, 2013	FY ended Mar. 31, 2012	FY ended Mar. 31, 2011
Overall	20	15	18
-Die-casting Business	5	1	1

R&D Structure

Die-casting Business
-R&D activities are conducted by the Technical-Control functions.
-Taking environmental concerns into consideration, the Company is actively working to raise the yield or ratio of recyclable materials, emphasizing the creation of market innovations based on developmental technology.

Capital Expenditure

(in millions of JPY)

	FY ended Mar. 31, 2013	FY ended Mar. 31, 2012	FY ended Mar. 31, 2011
Overall	2,617	1,330	914
-Die-casting Business	2,584	1,329	907

Die-casting Business
-Capital investments were focused on the following projects:

• Maintenance and up-keep of existing facilities
• Rationalization and renewal of production facilities
• Construction of a new casting plant (Plant No. 2) at Suzhou Chuo Malleable Iron Co., Ltd., doubling its production capacity in China.

Planned Capital Investments

(As of Mar. 31, 2013)

Company/ Facility (Location)	Equipment	Planned amount of investment (in millions JPY)	Project period		Capacity increase
			From	To
The Company Nissin Plant (Aichi, Japan)	Die-casting equipment	441	Mar. 2013	Mar. 2014	*1
	Processing equipment	473	Mar. 2013	Mar. 2014	*1
The Company Kumamoto Plant (Kumamoto, Japan)	Processing equipment	169	Mar. 2013	Mar. 2014	*1
Toki Malleable Iron Co., Ltd. (Gifu, Japan)	Die-casting equipment	55	Apr. 2013	Mar. 2014	*1
Suzhou Chuo Malleable Iron Co., Ltd. (Suzhou, China)	Die-casting equipment	300	Apr. 2013	Mar. 2014	*1

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