Non-Consolidated Interim Statements of Income and
Undisposed Deficit
Six months ended September 30, 1996 and 1995 (Unaudited)

                                                                 Thousands of   
                                                                  U.S.dollars   
                                        Millions of yen            (Note 1)     
                                   --------------------------   --------------  
                                      1996          1995             1996
--------------------------------   --------------------------   --------------  
Net sales                           \  551,205    \  550,103       $ 4,965,811
Cost of sales	                       466,223	     456,183	     4,200,207
                                   ------------  ------------   --------------  
  Gross profit	                        84,982	      93,920	      765,604

Selling, general and
 administrative expenses	        47,175	      46,824          425,000
                                   ------------  ------------   --------------  
  Operating income	                37,807	      47,096	      340,604

Other income (expenses):
  Interest and dividend income	         4,583	       5,791	       41,288
  Interest expense	               (17,429)	     (22,506)	     (157,018)
  Gain on sale of securities	            −	      12,903	           −
  Gain on sale or disposal of
   plant and equipment	                 5,822	      12,936	       52,450
  Special employees' 
   retirement benefits                      −	      (5,135)	           −
  Other, net	                       (14,999)	     (17,699)	     (135,126)
                                   ------------  ------------   --------------  
	                               (22,023)	     (13,710)	     (198,406)

Disaster casualty loss	                    −	      (6,906)	           −
                                   ------------  ------------   --------------  
Income before income taxes	        15,784	       26,480	      142,198

Income taxes	                         2,200	          575	       19,820
                                   ------------  ------------   --------------  
Net income	                        13,584	       25,905	      122,378
                                   ------------  ------------   --------------  

Undisposed deficit at the
 beginning of the period	       (16,392)	      (86,364)	     (147,675)

Disposition:
 Transfer from reserve	                 2,178	          647	       19,622
 Transfer to reserve	                (2,085)	           −	      (18,784)
                                   ------------  ------------   --------------  
                                            93	          647             838
                                   ------------  ------------   --------------  

Undisposed deficit at the 
 end of the period	            \   (2,715)	   \  (59,812)	 $    (24,459)
                                   デュエルビッツ 出金=====  デュエルビッツ 出金=====   デュエルビッツ 出金デュエルビッツ 出金= 

                                                                    U.S.dollars 
                                               Yen                   (Note 1)   
--------------------------------------------------------------  --------------- 
Net income per 1,000 shares           \  4,791	    \  9,136	 $     43.16
                                   ------------  ------------   --------------