FY2002 Interim Period Performance Outline (billions of yen) Net Sales JAPAN Sales Overseas Sales Operating Income Recurring Profit Net Income Currency Exchange Rate (=yen) ROE(%) ROA(%) Earnings per share Capital Expenditure Depreciation R&D Expenditure Loans & Equivalents nitial Projection (May.18,2001) 1H/2002 Results Results Forecast 1H/2001 nitial Projection (May.18,2001) FY2002 1H/2002 270.0 163.5 0.6%) 106.5 9.4%) 11.5 (4.3%) 10.0 (3.7%) 8.5 (3.1%) 115/US$ 105/EUR 4.2% 1.6% 46.0yens 10.0 9.0 10.5 56.5 248.7 148.3 9.6%) 100.4 0.4%) 7.7 (3.1%) 7.5 (3.0%) 7.2 (2.9%) 122/US$ 106/EUR 3.7% 1.4% 35.0yens 8.2 9.5 10.9 81.5 Results FY2002 FY2001 251.2 153.7 1.2%) 97.5 8.8%) 12.5 (5.0%) 13.9 (5.6%) 10.0 (4.0%) 106/US$ 102/EUR 4.9% 1.9% 48.6yens 7.1 8.8 10.2 73.6 550.0 312.0 6.7%) 238.0 3.3%) 23.5 (4.3%) 21.0 (3.8%) 15.0 (2.7%) 115/US$ 105/EUR 7.4% 3.0% 72.6yens 18.0 18.0 21.5 50.0 505.0 297.5 8.9%) 207.5 1.1%) 13.0 (2.6%) 10.0 (2.0%) 9.0 (1.8%) 121/US$ 105/EUR 4.6% 1.8% 43.5yens 17.3 18.6 22.4 49.7 519.1 308.5 9.4%) 210.6 0.6%) 23.0 (4.4%) 19.2 (3.7%) 13.3 (2.6%) 108/US$ 98/EUR 6.4% 2.5% 64.5yens 14.8 17.3 20.5 70.4 Free Cash Flow 24.0 -10.3 13.7 -0.2 -8.4 -8.6 -15.0 -2.4 -17.4 39.0 -17.8 21.2 31.4 -13.0 18.4 -9.1 -5.4 -14.5 12,100 10,800 22,900 12,097 12,252 24,349 12,513 9,906 22,419 11,900 10,900 22,800 11,900 10,200 22,100 12,325 9,952 22,277 Operating Activities Investing Activities Total No. of Employees JAPAN Overseas Total (990) (Newly consolidated) (990) Sales by Business segment 150.0 52.5 24.5 21.0 11.0 11.0 Musical Instruments AVჷIT Life Related Electronic Equipment Recreation Others 5.6%) 9.4%) (9.1%) (7.8%) (4.1%) (4.1%) 144.6 41.5 23.8 18.4 10.8 9.6 8.1%) 6.7%) (9.6%) (7.4%) (4.3%) (3.9%) 142.6 42.5 24.2 22.2 10.4 9.4 6.7%) 6.9%) (9.6%) (8.8%) (4.1%) (3.7%) 306.5 106.0 47.5 45.0 23.0 22.0 5.7%) 9.3%) (8.6%) (8.2%) (4.2%) (4.0%) 283.0 95.0 47.0 38.0 22.0 20.0 6.0%) 8.8%) (9.3%) (7.5%) (4.4%) (4.0%) 284.9 100.2 46.9 43.2 21.8 22.1 4.9%) 9.3%) (9.0%) (8.3%) (4.2%) (4.3%) Operating Income by Business segment 7.9 1.3 0.9 1.9 -0.8 0.3 Musical Instruments AVჷIT Life Related Electronic Equipment Recreation Others 3.8 1.2 1.0 2.6 -0.8 -0.1 9.2 0.5 0.7 3.3 -1.1 0.4 13.8 4.0 1.3 4.7 -0.8 0.5 5.0 3.3 1.4 4.8 -1.3 -0.2 12.3 3.9 0.9 6.7 -1.3 0.5 Non Consolidated Basis 177.0 172.9 178.3 342.0 5.5 (3.1%) 7.6 (4.4%) 8.3 (4.7%) 8.5 (2.5%) 6.5 (3.7%) 8.6 (5.0%) 10.3 (5.8%) 10.0 (2.9%) Recurring Profit 6.0 (3.4%) 8.6 (5.0%) 7.4 (4.2%) 7.5 (2.2%) Net Income Loans & Equivalents Loans(Short term , Long term) Convertible Bonds Cash & Bank Deposit No. of Employees No. of Full-time Staff at year-end Average No. of Temp. Staff Net Sales Operating Income 315.0 5.5 (1.7%) 7.0 (2.2%) 6.5 (2.1%) 346.1 11.1 (4.7%) 13.3 (5.8%) 9.6 (4.2%)