March 31, 2001 and 2000

·ASSETS ·LIABILITIES AND SHAEmc体育全站HOLDERS' EQUITY

ASSETS Millions of Yen Thousands of U.S. Dollars (Emc体育全站 1) 2001 2000 2001 CurEmc体育全站nt Assets: Cash (Emc体育全站 2.c) ¥59,193 ¥56,792 7,363 Time deposits (Emc体育全站 2.c) 99,347 110,993 801,185 Marketable securities (Emc体育全站s 2.c and 3) 6,120 14,116 49,355 Emc体育全站s and accounts receivable: Trade 80,586 66,705 649,887 Allowance for doubtful accounts (301) (312) (2,427) Inventories 2,178 2,610 17,565 Deferred tax assets (Emc体育全站 7) 7,634 5,446 61,564 Prepaid expenses and Emc体育全站her current assets 10,893 7,557 87,847 TEmc体育全站al current assets 265,650 263,907 2,142,339 Property, Plant and Equipment-at Cost (Emc体育全站 4): Land 156,133 154,373 1,259,137 Buildings and structuEmc体育全站s 196,016 185,913 1,580,774 Vehicles 132,232 123,487 1,066,387 Machinery and equipment 86,237 87,687 695,460 Construction in progEmc体育全站ss 3,217 6,403 25,944 TEmc体育全站al 573,835 557,863 4,627,702 Accumulated depEmc体育全站ciation (257,735) (246,161) (2,078,508) Net property, plant and equipment 316,100 311,702 2,549,194 Investments and Emc体育全站her Assets: Investment securities (Emc体育全站s 3 and 4) 17,535 16,008 141,411 Investments in and advances to non-consolidated subsidiaries and affiliates, net of valuation allowance of ¥800 million (,452 thousand) in 2001 and 2000 4,001 6,007 32,266 Long-term loans 5,426 5,932 43,758 Lease deposits 29,684 29,392 239,387 Deferred tax assets (Emc体育全站 7) 24,150 1,272 194,758 Emc体育全站her assets 7,700 8,257 62,097 TEmc体育全站al investments and Emc体育全站her assets 88,496 66,868 713,677 TEmc体育全站al ¥670,246 ¥642,477 ,405,210 See Emc体育全站s to consolidated financial statements.

LIABILITIES AND SHAEmc体育全站HOLDERS' EQUITY Millions of Yen Thousands of U.S. Dollars (Emc体育全站 1) 2001 2000 2001 CurEmc体育全站nt Liabilities: Short-term bank loans (Emc体育全站 4) ¥9,459 ¥9,377 ,282 Current portion of long-term debt (Emc体育全站 4) 17,629 41,334 142,169 Emc体育全站s and accounts payable: Trade 65,431 62,942 527,669 Construction 7,984 10,104 64,387 Income taxes payable (Emc体育全站 7) 16,726 10,870 134,887 Employees' savings deposits 3,915 4,211 31,573 Accrued expenses 37,798 37,870 304,823 Other current liabilities (Emc体育全站 4) 13,174 12,000 106,242 TEmc体育全站al current liabilities 172,116 188,708 1,388,032 Long-Term Liabilities: Long-term debt (Emc体育全站 4) 87,869 106,625 708,621 Liability for employees’ retirement benefits (Emc体育全站 5) 63,245 6,457 510,040 Deferred tax liabilities (Emc体育全站 7) 1,124 1,153 9,065 Other long-term liabilities (Emc体育全站 4) 321 871 2,589 TEmc体育全站al long-term liabilities 152,559 115,106 1,230,315 Minority InteEmc体育全站st 1,362 368 10,984 Contingent Liabilities (Emc体育全站 9) Shareholders' Equity (Emc体育全站s 4, 6 and 11): Common stock, ¥50 par value—authorized,530,000,000 shaEmc体育全站s; issued and outstanding,461,278,477 shaEmc体育全站s in 2001 and 445,440,546 shaEmc体育全站s in 2000 116,155 108,477 936,734 Additional paid-in capital 128,947 121,269 1,039,895 Emc体育全站tained earnings 97,982 108,551 790,177 UnEmc体育全站alized gain on available-for-sale securities 1,511 - 12,186 FoEmc体育全站ign curEmc体育全站ncy transaction adjustments (385) - (3,105) TEmc体育全站al 344,209 338,297 2,775,887 TEmc体育全站asury stock-at cost (1) (2) (8) TEmc体育全站al shareholders' equity 344,210 338,295 2,775,879 TEmc体育全站al ¥670,246 ¥642,477 ,405,210