Outlook for the FY2009

Looking at prospective trends in the Company's operating environment during the fiscal year ending March 31, 2009, in addition to a forecast of a deceleration of the U.S. economy following the emerging of the sub-prime loan crisis, we anticipate such factors as the progressive depreciation of the U.S. dollar and the appreciation of the yen, and the persistently high price levels of silver, aluminum, and other principal raw materials are expected to have the effect of reducing operating income by ¥45.0 billion from the fiscal year ended March 31, 2008.

However, we intend to offset the abovementioned negative impact by implementing our “Slim & Strong Drive.”, which is our supreme project for cutting down on fixed costs, as well as by promoting sales of our competitive products centered on products in the information solutions and document solutions fields during the fiscal year ended March 31, 2009.

Consequently, regarding consolidated performance in the fiscal year ending March 31, 2009, the Company projects ¥2,900.0 billion in revenue, ¥210.0 billion in operating income, ¥210.0 billion in income before income taxes, and ¥110.0 billion in net income.

• Fiscal Year 2008 (April 1, 2007 - March 31, 2008)
• Fiscal Year 2007 (April 1, 2006 - March 31, 2007)
• Fiscal Year 2006 (April 1, 2005 - March 31, 2006)
• Fiscal Year 2005 (April 1, 2004 - March 31, 2005)