Financial Overview

(in millions of JPY)

	FY2010 (ended Mar. 2011)	FY2009	Rate of change (%)	Factors
Sales	219,032	175,750	24.6	Sales increased year-on-year because its customers produced more volume as a result of their having created new model vehicles; and because the Company’s new production plants launched commercial operations.
Operating income	21,764	12,191	78.5	-
Ordinary income	20,313	11,801	72.1	-
Net income	11,750	6,537	79.7	-

Business Plan

The Company will strengthen its activities to expand sales of torque converters. The Company, which has been procuring dampers used in the torque converters from outside suppliers, is going to develop these dampers on its own, planning to start in-house production in fiscal year 2011. Leveraging its expertise in the area of car body parts stamping, it aims to increase its competitive edge in terms of both product performance and cost efficiency. Raising the ratio of self-developed components is expected to contribute to boosting the sales volume of its torque converters. Unipres intends to increase their sales for fiscal year 2012 by 43 percent from the 2009 level to 7 billion yen, a quarter of which (1.8 billion yen) is expected to come from those equipped with its proprietary dampers. A torque converter damper functions as a shock absorber when the engine and the transmission are directly connected. (From an article in the Nikkan Jidosha Shimbun on May 25, 2010)

Subsidiary

The Company will acquire as of June 17 the remaining stake in its consolidated subsidiary Unipres Kyushu Corporation located in Fukuoka Prefecture from Mitsuike Corporation to turn it into its 100 percent-owned subsidiary for the purpose of enhancing management efficiency. Unipres Kyushu, which was established in 1976, is owned 20 percent by Mitsuike and supplies stamped body parts to Nissan Kyushu Plant. (From an article in the Nikkan Jidosha Shimbun on June 9, 2010)

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

R&D Expenses

(in millions of JPY)

	FY2010	FY2009	FY2008
Overall	2,300	2,000	2,000

R&D Activities
-The Company has 204 research and development staff members as of March 31, 2011.
-The Company has 77 industrial property rights as of March 31, 2011.

The Company will establish Unipres R&D Co., Ltd. on April 1. The new company will integrate the Group’s technology development functions to engineer stamping technologies for body structural parts, precision parts for transmissions and plastic components. Based on the establishment, Unipres’ Engineering Development Department, Engineering Department, Production Engineering Department, Transmission Engineering Development Department, and Transmission Engineering Department will be consolidated, while a new Engineering Division will be formed as a contact point between Unipres headquarters and the new company. Unipres R&D will be located in Yokohama City, Kanagawa Prefecture. Approximately 350 engineers at Unipres will be working at the new company. (From an article in the Nikkan Jidosha Shimbun on March 17, 2011)

<Product Development>
-Optimizing the strength and rigidity of products
-Developing products that are more compact and lighter in weight
-Designing products in which stamping technology can be applied
-Shortening development periods

<Material Development>
-High-strength steel plates
-Highly rigid plastic materials

<Process Development>
Stamping process for super high-strength steel plats
Hot stamping method
Precision metal stamping
Stamping process for light-alloy materials
Welding process for light-alloy materials
Processing of high-strength pipes
Stamping process for high-strength plastics
Compound molding process for plastic composites

The Company has realized highly improved productivity through the improvement of its hot press technology. The new method achieves rapid cooling by pouring out cooling water from the surface of the die and passing it between the die surface and the car body panel. Making use of a basic technology developed by Nippon Steel Corporation, it enables special processing on the die surface in line with the shape of the part. This new method has approximately tripled hot press productivity. Unipres plans to gradually adopt it starting with mass-produced parts for Nissan Motor. (From a press release on November 24, 2010)

Capital Investment

(in millions of JPY)

	FY2010	FY2009	FY2008
Overall	14,400	13,700	11,800
Automotive Parts	-	13,600	11,600

-Japan
The Company invested 7.9 billion yen mainly to renew auto-parts production facilities and equipment to respond to model-changes made by its customers.

-North America
The Company invested 1.4 billion yen mainly to renew auto-parts production facilities and equipment to respond to model-changes made by its customers.

-Europe
The Company invested 1.0 billion yen mainly to renew auto-parts production facilities and equipment to respond to model-changes made by its customers.

-Asia
The Company invested 3.9 billion yen mainly to renew auto-parts production facilities and equipment to respond to model-changes made by its customers; and to establish a new company in China.

Planned New Facilities

(As of Mar. 31, 2011)

Company Facility （Location）	Target of Investment	Planned Investment Total （in million yen）	Start	End (Scheduled)	Capacity Increase after Completion
The Company Headquarters & Offices (Kanagawa Pref., Japan Shizuoka Pref., Japan)	Improving workplace environment and strengthening crisis management activities	2,300	Apr. 2011	Mar. 2012	-
The Company Tochigi Plant (Tochigi Pref., Japan Kanagawa Pref., Japan)	Improving production operations, renewing production facilities and equipment to respond to model changes, and conducting other initiatives.	800	Apr. 2011	Mar. 2012	-
The Company Fuji Plant (Shizuoka Pref., Japan)	Improving production operations, renewing production facilities and equipment to respond to model changes, and conducting other initiatives.	1,500	Apr. 2011	Mar. 2012	-
Unipres Kyusyu Co., Ltd. Headquarters & Plant (Fukuoka Pref., Japan)	Improving production operations, renewing production facilities and equipment to respond to model changes, and conducting other initiatives.	1,800	Apr. 2011	Mar. 2012	-
Unipres U.S.A., Inc. Headquarters & Plant (U.S.A.)	Improving production operations, renewing production facilities and equipment to respond to model changes, and conducting other initiatives.	900	Apr. 2011	Mar. 2012	-
Unipres Mexicana, S.A. de C.V. Headquarters & Plant (Mexico)	Improving production operations, renewing production facilities and equipment to respond to model changes, and conducting other initiatives.	3,800	Jan. 2011	Dec. 2011	Slight increase
Unipres (UK) Limited Headquarters & Plant (UK)	Improving production operations, renewing production facilities and equipment to respond to model changes, and conducting other initiatives.	2,300	Jan. 2011	Dec. 2011	Slight increase
Unipres Guangzhou Corporation Headquarters & Plant (China)	Improving production operations, renewing production facilities and equipment to respond to model changes, and conducting other initiatives.	3,000	Jan. 2011	Dec. 2011	Slight increase
Unipres Precision Guangzhou Corporation Headquarters & Plant (China)	Improving production operations, renewing production facilities and equipment to respond to model changes, and conducting other initiatives.	2,300	Jan. 2011	Dec. 2011	Production capacity of 400,00 per year
Unipres India Private Limited Headquarters & Plant (India)	Improving production operations, renewing production facilities and equipment to respond to model changes, and conducting other initiatives.	1,800	Apr. 2011	Mar. 2012	Slight increase
Subsidiary planned to be establishined in Indonesia	Constructing new production plant and facilities to commence production of new products.	1,200	Jul. 2011	Dec. 2011	-