Non-Consolidated Interim Statements of Income and
Unappropriated Retained Earnings (Undisposed Deficit)
Six months ended September 30, 1997 and 1996 (Unaudited)

	Millions of yen		Thousands of U.S. dollars (Note 1)
	1997	1996	1997
Net sales	564,369	551,205	4,660,355
Cost of sales	473,376	466,223	3,908,968
Gross profit	90,993	84,982	751,387
Selling, general and administrative expenses	49,587	47,175	409,471
Operating income	41,406	37,807	341,916
Other income (expenses):
Interest and dividend income	8,841	4,583	73,006
Interest expense	(14,550)	(17,429)	(120,149)
Gain on sale or disposal of plant and equipment	---	5,822	---
Other, net	(20,596)	(14,999)	(170,074)
	(26,305)	(22,023)	(217,217)
Income before income taxes	15,101	15,784	124,699
Income taxes	8,100	2,200	66,887
Net income	7,001	13,584	57,812
Unappropriated retained earnings (undisposed deficit) at the beginning of the period	5,391	(16,392)	44,517
Appropriations:
Transfer from reserve	628	2,178	5,186
Transfer to reserve	(628)	(2,085)	(5,186)
	---	93	---
Unappropriated retained earnings (undisposed deficit) at the end of the period	12,392	(2,715)	102,329
	Yen		U.S. dollars (Note 1)
Net income per 1,000 shares	2,469	4,791	20.39