Consolidated Statements of Shareholders' Equity

Financial Section

				U.S. dollars
	Yen			(thousands)
	(millions)			(Note 2)
	________________________________			_________
Years ended March 31	1993	1994	1995	1995
Common stock:	_________	_________	_________	_________
Balance at beginning of year	221,713	221,886	223,483	2,511,045
Conversion of bonds	172	1,597	167	1,877
Exercise of warrants	1	-	-	-
Balance at end of year	221,886	223,483	223,650	2,512,922

Capital surplus:
Balance at beginning of year	395,394	395,790	398,546	4,478,045
Conversion of bonds	321	1,654	170	1,910
Exercise of warrants	1	-	-	-
Other, net	74	1,102	85	955
Balance at end of year	395,790	398,546	398,801	4,480,910

Legal reserve:
Balance at beginning of year	19,288	21,124	22,218	249,640
Transfer from retained earnings	1,836	1,094	1,838	20,652
Balance at end of year	21,124	22,218	24,056	270,292

Retained earnings:
Balance at beginning of year	528,658	462,409	413,660	4,647,865
Net income (loss)	(32,602)	(37,672)	45,020	505,843
Cash dividends paid	(18,130)	(10,883)	(18,166)	(204,112)
Transfer to legal reserve	(1,836)	(1,094)	(1,838)	(20,652)
Bonuses to directors and statutory auditors	(691)	(390)	(648)	(7,281)
Translation adjustments	11,569	77	13,770	154,719
Adoption of tax effect accounting (Note 9)	(12,742)	-	-	-
Other, net	(11,817)	1,213	2,010	22,584
Balance at end of year	462,409	413,660	453,808	5,098,966

The accompanying Notes to Consolidated Financial Statements are an integral part of these statements.