Minebea Co., Ltd. Supplementary data for financial results Half Year ended September 30, 2001 （ November 16, 2001) Any statements in the presentation which are not an historical fact are future projections made based on certain assumptions and our management's judgment drawn from currently available information. Please note that actual performance may vary significantly from any particular projection, due to various factors. Factors affecting our actual performance include: (i) changes in economic indicators surrounding us or demand trends; (ii) fluctuation of foreign exchange rates or interest rates; and (iii) our ability to continue R&D, manufacturing and marketing in a timely manner in the electronics business sector, where technological innovations are rapid and new products are launched continuously. However, this is not a complete list of the factors affecting actual performance.
（ Supplementary financial data ） Consolidated Balance Sheets (Assets) As of As of As of change Sept. 30, 2001 Sept. 30, 2000 Mar. 31 2001 Mar. 01-Sept. 01 Remarks 1 35,282 1 35,282 1 35,282 1 35,282 1 56,607 1 37, 1 06 ( 1 ,824) Current assets Cash and cash equivalents and 1 5,748 1 5,748 1 5,748 1 5,748 25,90 1 11 ,930 3,8 1 8 marketable securities 48,85 1 48,85 1 48,85 1 48,85 1 55,277 (6,426) 59,6 1 8 Notes and accounts receivable Decrease in sales As a result of 5 1 , 1 74 5 1 , 1 74 5 1 , 1 74 5 1 , 1 74 5 1 , 1 47 52,764 ( 1 ,590) Inventories inventory reduction 1 9,507 1 9,507 1 9,939 1 7, 1 35 1 9,507 1 9,507 2,372 Others measures 202,643 202,643 202,643 202,643 209,7 1 4 (7,07 1 ) 1 83,903 Fixed assets 1 65,988 1 65,988 1 65,988 1 65,988 1 68,732 (2,744) 1 40,535 Tangible fixed assets Capex ￥ 13,191mn 1 5,444 1 5,444 1 6,225 1 5,444 1 5,444 (78 1 ) Intangible fixed assets 1 7, 1 00 Depreciation ¥11,616mn 2 1 ,209 2 1 ,209 2 1 ,209 2 1 ,209 24,756 (3,547) 26,268 Investment and other assets 1 07 1 07 1 07 1 07 1 28 1 44 (37) Deferred assets 338,032 338,032 338,032 338,032 340,639 346,965 (8,933) Total assets １ １ １ １
（ Supplementary financial data ） Consolidated Balance Sheets (Liabilities) As of As of As of change Sept. 30, 2001 Sept. 30, 2000 Mar. 31 2001 Mar. 01-Sept. 01 Remarks 11 6,432 11 6,432 11 6,432 11 6,432 1 30,220 1 27,290 ( 1 0,858) Current liabilities 25, 1 42 25, 1 42 25, 1 42 25, 1 42 38,674 29, 1 70 (4,028) Decrease in sales Notes and accounts payable 65, 1 27 65, 1 27 65,002 66,529 65, 1 27 65, 1 27 ( 1 ,402) Short-term interest-bearing debts 26, 1 60 26, 1 60 26,542 3 1 ,588 26, 1 60 26, 1 60 (5,428) Others 1 2 1 ,695 1 2 1 ,695 1 2 1 ,695 1 2 1 ,695 1 24,243 11 8,978 2,7 1 7 Long-term liabilities 1 20,075 1 20,075 1 20,075 1 20,075 1 23,898 11 8,629 1 ,446 Long-term interest-bearing debts 1 ,620 1 ,620 1 ,620 1 ,620 345 348 1 ,272 Others Mainly due to decrease in notes and 238, 1 28 238, 1 28 254,464 246,269 238, 1 28 238, 1 28 (8, 1 4 1 ) Total liabilities accounts payable and other current liabilities 11 6 11 6 389 1 22 11 6 11 6 (6) Minority interest in Consolidated subsidiaries 99,787 99,787 99,787 99,787 85,785 1 00,574 (787) Shareholders' equity 338,032 338,032 338,032 338,032 340,639 346,965 (8,933) Total liabilities and Shareholders' equity 1 85,202 1 85,202 1 85,202 1 85,202 44 1 88,900 1 85, 1 58 Interest-bearing debts 1 69,454 1 69,454 1 69,454 1 69,454 (3,774) Net interest-bearing debts 1 62,999 1 73,228 ２ ２ ２ ２
（ Supplementary financial data ） Consolidated Statements of Income (Millions of yen) Year ended Mar.01 Year ending Mar. 02 Year ended Mar.01 first half first half second half Y.O.Y Change Remarks 1 42, 1 24 1 44,92 1 1 36,882 1 36,882 1 36,882 1 36,882 (5,242) Net sales Due to sale of Actus, and fall in demand of for PC- 1 00,53 1 1 02,397 98,935 98,935 98,935 98,935 ( 1 ,596) Cost of sales related products. 4 1 ,593 42,524 37,946 37,946 37,946 37,946 (3,647) Gross profit 29.3% 29.3% 27.7% 27.7% 27.7% 27.7% Gross profit margin Decrease as a result of 24,4 1 6 26,723 25,449 25,449 25,449 25,449 1 ,033 S.G.& A. expenses sale of Actus offset 1 7, 1 77 1 5,800 1 2,496 1 2,496 1 2,496 1 2,496 (4,68 1 ) increase due to FX Operating income fluctuations and by 1 2. 1 % 1 0.9% 9. 1 % 9. 1 % 9. 1 % 9. 1 % Operating income margin transfer of domestic sales division from Keiaisha NMB (3,545) (3,545) (4, 1 90) (4,06 1 ) (3,545) (3,545) 645 Other income (expense) (3,7 1 0) (3,399) (2,748) (2,748) (2,748) (2,748) 962 Net interest income Interest expense decreased (480) (662) (796) (796) (796) (796) (3 1 6) Other 8952 8952 8952 8952 1 2,987 11 ,739 (4,035) Ordinary income ( 1 ,232) ( 1 , 1 07) (9 1 2) (9 1 2) (9 1 2) (9 1 2) 320 ｃｆ . P. 7. Extraordinary income (loss) Income (loss) 11 ,755 1 0,632 8040 8040 8040 8040 (3,7 1 5) before income taxes 4,6 1 6 2,840 3,645 3,645 3,645 3,645 (97 1 ) First half income tax Income taxes adjustments amounted to (44) Minority interest in earnings of 54 50 1 0 1 0 1 0 1 0 ¥1,162mn under tax effective consolidated subsidiaries accounting system 4,384 4,384 7,084 7,742 4,384 4,384 (2,700) Net Income (loss) ３ ３ ３ ３
（ Supplementary financial data ） Consolidated Statements of Income ~ Main Categories in Selling, General and Administrative Expenses ~ Year ending Mar. 02 Year ended Mar.01 Year ended Mar.01 first half first half second half Y.O.Y Change 5, 1 20 5, 1 20 5, 1 20 5, 1 20 5,556 6,040 (436) Shipping and packaging 4,963 5,564 5,887 5,887 5,887 5,887 924 Accrued bonuses 1 ,266 1 ,266 1 ,098 1 ,352 1 ,266 1 ,266 1 68 Depreciation expense 1 , 1 0 1 1 , 1 0 1 1 , 1 0 1 1 , 1 0 1 1 ,429 1 ,608 (328) Sales commission 593 593 760 773 593 593 ( 1 67) Amortization of consolidation adjustments ４ ４ ４ ４
（ Supplementary financial data ） Consolidated Statements of Income – Breakdown for Extraordinary Income and Loss – (Millions of yen) Year ending Mar. 02 Remarks first half Reversal of additional tax of 1 ,522 1 ,522 1 ,522 1 ,522 Extraordinary income Minebea Investment (Pte.) Ltd. ¥665mn 7 1 4 7 1 4 7 1 4 7 1 4 Gain from discharge of debts Gain from discharge of debts Gain from discharge of debts Gain from discharge of debts Sale of company housing ¥118mn 1 64 1 64 1 64 1 64 Gain on sales of fixed assets Gain on sales of fixed assets Gain on sales of fixed assets Gain on sales of fixed assets 23 1 23 1 23 1 23 1 Reversal of allowance for doubtful receivables Reversal of allowance for doubtful receivables Reversal of allowance for doubtful receivables Reversal of allowance for doubtful receivables Reversal of allowance for loan to Asia Investment ¥229mn Reversal of allowance for loss Reversal of allowance for loss Reversal of allowance for loss Reversal of allowance for loss 4 1 3 4 1 3 4 1 3 4 1 3 on the liquidation of the automotive wheel business on the liquidation of the automotive wheel business on the liquidation of the automotive wheel business on the liquidation of the automotive wheel business Sale of equipment and machinery 2,434 2,434 2,434 2,434 Extraordinary loss 842 842 842 842 Loss on disposal of inventories Loss on disposal of inventories Loss on disposal of inventories Loss on disposal of inventories 52 52 52 52 Loss on sales of fixed assets Loss on sales of fixed assets Loss on sales of fixed assets Loss on sales of fixed assets 1 00 1 00 1 00 1 00 Loss on disposal of fixed assets Loss on disposal of fixed assets Loss on disposal of fixed assets Loss on disposal of fixed assets 7 1 3 7 1 3 7 1 3 7 1 3 Loss one sales of investments securities in affiliates Loss one sales of investments securities in affiliates Loss one sales of investments securities in affiliates Loss one sales of investments securities in affiliates Realized losses on bank shares 4 11 4 11 4 11 4 11 Loss on liquidation of affiliates Loss on liquidation of affiliates Loss on liquidation of affiliates Loss on liquidation of affiliates Power System Inc. (USA) 3 1 3 3 1 3 3 1 3 3 1 3 Retirement benefit expense Retirement benefit expense Retirement benefit expense Retirement benefit expense (9 1 2) (9 1 2) (9 1 2) (9 1 2) Net Extraordinary income (expense) ５ ５ ５ ５
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