Financial Overview

(in millions of JPY)

	FY ended Mar. 31, 2013	FY ended Mar. 31, 2012	Rate of change (%)	Factors
Sales	237,832	239,086	(0.5)	1)
Operating income	16,025	24,631	(34.9)	2)
Ordinary income	18,153	24,255	(25.2)
Net income	11,218	14,529	(22.8)

Factor
1) Operating Revenue
-Operating revenue was slightly lower year-on-year due the sudden, rapid fall in production volumes in China and Japan. Nevertheless, positive factors included higher production levels in line with greater production volumes of new vehicles at customers' plants, increased sales of molding facilities purposely built to be sold, the launch of commercial production at new plants, and favorable currency translation due to the lower valuation of the yen.

2) Operating Profit
-Although the Company reaped the benefits from its streamlining activities initiated throughout the Group, which centered on making use of the Unipres Production System, operating profit was lower due to higher expenses that were incurred during the fiscal year such as those resulting to respond to new-model-vehicle launches one after the other and those for initial start-up costs for capital investments at new plants in Indonesia and China.

Business Performance

<Japan>
-The impact from the sudden and rapid fall in production was significant, with operating revenue decreasing 13.4% and operating profit decreasing 44.8% year-on-year.

<North America>
-Operating revenue increased 36.3% year-on-year, thanks to the region's higher production levels in line with greater new-car production at OEMs, increased sales of molding facilities purposely built to be sold, and favorable currency translation. On the other hand, operating profit fell 89.2% because of all the higher expenses the region incurred in responding to new-model-vehicle launches one after the other.

<Europe>
-Operating revenue increased 13.0% year-on-year and operating profit increased 0.7% year-on-year, supported by the region's higher production levels in line with greater new-car production volumes at OEMs, and increased sales of molding facilities purposely built to be sold.

<Asia>
-Operating revenue increased year-on-year due to two new plants coming online during the year. They were Unipres Precision Guangzhou Corporation and PT. Unipres Indonesia. However, the region's performance was negatively impacted by the sudden and rapid fall in production in China. Operating profit decreased 5.9% for the year because of the high initial start-up costs involved with setting up new plants in Indonesia and China.

Business Partnership

-The Company said that the company and Magnetto Automotive of Italy signed a memorandum of understanding on a capital and business alliance between the company and MA Automotive Brasil Ltda., which is Magnetto Automotive's Brazilian subsidiary. Based on the agreement signed on September 20, Unipres will acquire 40 percent of MA Automotive Brasil's capital, forming a business alliance with the company to manufacture and sell automotive body products in Brazil. Rhe company and Magnetto Automotive have been maintaining collaborative relationship through UM Corporation, SAS, their France-based joint venture, which has been supplying stamped body parts to automakers in Europe, including the Renault-Nissan Group, since 2003. MA Automotive Brasil manufactures and sells automotive panels and car body parts for PSA Peugeot Citroen Brazil. (From a press release, September 21, 2012)

Business Plan

-The Company is aiming to increase sales of transmission components to 60 billion yen by FY2016, which is double the result in FY2011. It aims to achieve this target by stepping up overseas production of stamped precision parts used in continuously variable transmissions, while boosting sales of its torque converters developed in-house. By increasing its focus on transmission parts business as well, the company is poised to accelerate its growth pace globally, especially in the emerging markets. (From an article in the Nikkan Jidosha Shimbun on Nov. 27, 2012)

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

R&D Expenses

(in millions of JPY)

	FY ended Mar. 31, 2013	FY ended Mar. 31, 2012	FY ended Mar. 31, 2011
Overall	3,000	2,400	2,300

R&D Activities

-The Company has 277 research and development staff members as of March 31, 2013.
-The Company has 93 industrial property rights as of March 31, 2013.

<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
-Lightweight 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

Capital Investment

(in millions of JPY)

	FY ended Mar. 31, 2013	FY ended Mar. 31, 2012	FY ended Mar. 31, 2011
Overall	24,400	17,800	14,400

-Japan
The Company invested 9.4 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 7.4 billion yen mainly to renew auto-parts production facilities and equipment to respond to model-changes made by its customers.

-Europe
The Company invested 1.8 billion yen mainly to renew auto-parts production facilities and equipment to respond to model-changes made by its customers.

-Asia
The Company invested 5.7 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.

Investments in Japan

Expanded On-site Plant at Nissan's Plant Premises
-Unipres Kyushu Corporation, a subsidiary of the company, is operating its own "onsite factory" at Nissan's plant in Kyushu to supply its components directly to the automaker's vehicle assembly lines. As Nissan has transferred production of the new Note and the NV350 Caravan to Kyushu, operation of the "onsite" production line is running at full capacity. Unipres is going to open a new "onsite factory" also at Nissan's Tochigi Plant in 2013 based on the automaker's initiatives to reduce total production cost, including expenses for parts delivery. Moves by Nissan's suppliers to produce parts at locations closer to the automaker's facilities are expected to increase. (From an article in the Nikkan Jidosha Shimbun on Oct. 20, 2012)

-The Company will start synchronized production of its structural components within the Nissan Tochigi Plant in 2013. By installing equipment for welding and other processes close to the body production line at the Nissan plant, the supplier will produce and supply parts sequentially in synchronization with of the vehicle assembly process. This synchronized operation at a Nissan plant is being already conducted by a subsidiary of Unipres in Kyushu, western Japan. While the supplier of stamped components already makes its products on the premises of the Nissan Tochigi Plant, it intends to seek further efficiency in production and supply operations by synchronizing production at a location closer to the automaker's vehicle assembly line. (From an article in the Nikkan Jidosha Shimbun on Oct. 4, 2012)

Investments Outside Japan

<Mexico>
-The Company announced that its subsidiary Unipres Mexicana, S.A. de C.V. will construct a new plant to produce transmission parts in Aguascalientes. The new plant, which is scheduled to commence operations in July 2014, is in response to an increase in production in Mexico by Jatco, a major customer of the company. The supplier has been producing precision stamping parts for transmissions in Japan and China, and exporting them from China to Mexico. This time, however, it has decided to start local production to meet growing needs in the local market. In view of Mexico in which the automobile market is expected to grow steadily, and also potential marketing opportunities with suppliers than other Jatco, Unipres will enhance sales activities and establish a firm foothold in Mexico. The new plant has land of 100,000 square meters and a building area of 20,000 square meters. The investment will amount to 5.3 billion yen (approximately $68 million). It expects to achieve 6.7 billion yen (approximately $87 million) in sales with about 290 employees in 2016. (From an article in the Nikkan Jidosha Shimbun on Oct. 10, 2012)

Planned Capital Investments

(As of Mar. 31, 2013)

Company Facility （Location）	Target of Investment	Planned Investment Total （in million yen）	Start	End (Scheduled)	Capacity Increase after Completion
Headquarters (Kanagawa Japana, Shizuoka Japan)	Improve working environment and strengthen crisis management framework	1,500	Apr. 2013	Mar. 2014	-
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.	900	Apr. 2013	Mar. 2014	Slight increase
Fuji Plant (Shizuoka Pref., Japan)	Improving production operations, renewing production facilities and equipment to respond to model changes, and conducting other initiatives.	600	Apr. 2013	Mar. 2014	Slight increase
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.	1,300	Apr. 2013	Mar. 2014	Slight increase
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.	3,300	Apr. 2013	Mar. 2014	Slight increase
Unipres Southeast U.S.A., Inc. (U.S.A.)	Improving production operations, renewing production facilities and equipment to respond to model changes, and conducting other initiatives.	1,500	Apr. 2013	Mar. 2014	Slight increase
Unipres Mexicana, S.A. de C.V. Headquarters & Plant (Mexico)	Building new plant for transmission parts, Enhancing production operations and renewing production facilities due to vehicle model change	5,600	Jan. 2013	Dec. 2013	Increase annual production capacity of transmission parts to the equivalent of 2 million units
Unipres (UK) Limited Headquarters & Plant (UK)	Improving production operations, renewing production facilities and equipment to respond to model changes, and conducting other initiatives.	3,800	Jan. 2013	Dec. 2013	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.	1,100	Jan. 2013	Dec. 2013	Slight increase
Unipres Zhengzhou Corporation Headquarters & Plant (China)	Establish a plant at a new production site and install new facilities and equipment	5,700	Jan. 2013	Dec. 2013	Increase annual production capacity to 200K unit range
Unipres Precision Guangzhou Corporation Headquarters & Plant (China)	Improving production operations, renewing production facilities and equipment to respond to model changes, and conducting other initiatives.	600	Jan. 2013	Dec. 2013	Slight increase
PT. Unipres Indonesia Headquarters & Plant (Indonesia)	Improving production operations, renewing production facilities and equipment to respond to model changes, and conducting other initiatives.	1,100	Jan. 2013	Dec. 2013	Slight increase