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Financial ratios (round all items to the second decimal place, except receivables collection period which is to be rounded to the unit) Current ratio: (

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Financial ratios (round all items to the second decimal place, except receivables collection period which is to be rounded to the unit) Current ratio: ( 1 ) Quick ratio: ( 2 ) Inventory turnover: ( 3 ) Receivables collection period: ( 4 ) days Debt to assets: ( 5 ) Long term debt to capitalization: ( 6 ) Asset turnover: ( 7 ) Profit margin: ( 8 ) Return on assets: ( 9 ) Total assets to shareholders' equity: ( 10 ) Return on equity: ( 11 ) Interest coverage ratio: ( 12 ) EBITDA margin: ( 13 )

Millions of Yen 2018 ASSETS Current assets: Cash on hand and in banks Trade notes and accounts receivable Short-term investment securities Inventories Deferred tax assets Other current assets Allowance for doubtful accounts Total current assets 33,751 35,998 143 17,106 798 1,736 (1,482) 88,050 Property, plant and equipment: Buildings and structures Machinery, equipment and vehicles Tools, furniture and fixtures 20,473 18,576 4,849 43,898 (30,216) 13,682 13,225 142 Less, accumulated depreciation Land Construction in progress Total property, plant and equipment 27,049 Investments and other assets: Investment securities Net defined benefit asset Deferred tax assets Other assets 8,005 84 684 2,175 Total investments and other assets 10,948 Total assets 126,047 2018 Net sales 82,981 Cost of sales 59,501 Gross profit 23,480 Selling, general and administrative expenses 19,718 Operating profit 3,762 Non-operating income (expenses): Interest and dividend income Interest expense Foreign currency exchange (loss) gain, net Royalty income Revenue from technical training Rental income Other, net 495 (330) (397) 77 101 118 87 Non-operating income, net 151 Ordinary profit 3,913 Special gains, net 4 Profit before income taxes 3,917 Income taxes: Current Deferred 852 146 998 Profit 2,919 Note: Depreciation and amortization 1,801 17,814 1,714 Short-term borrowings Current portion of long-term debt Notes and accounts payable: Trade Other Income taxes payable Other current liabilities Total current liabilities 13,196 2,802 15,998 315 3,452 39,293 Non-current liabilities: Long-term debt Net defined benefit liability Deferred tax liabilities on land revaluation Deferred tax liabilities Other liabilities Total non-current liabilities Total liabilities 1,035 1,359 2,252 498 515 5,659 44,952 Net assets: Shareholders' equity: Common stock Capital surplus Retained earnings Treasury stock, at cost Total shareholders' equity Accumulated other comprehensive income: Net unrealized holding gain on other securities Revaluation gain on land Foreign currency translation adjustments Remeasurements of defined benefit plans Total accumulated other comprehensive income 11,626 7,784 50,249 (1,703) 67,956 1,825 3,863 1,542 (64) 7,166 Non-controlling interests 5,973 Total net assets 81,095 Commitments and contingent liabilities Total liabilities and net assets 126,047

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