Fiscal Year 1998 Half-Year Financial Results

Summary of Unconsolidated Results

Yen
(millions)

U.S. dollars
(millions)

1st Half
FY 1998

1st Half
FY 1997

Change (%)

FY 1997

1st Half
FY 1998

Net Sales

Y 1,418,818

Y 1,524,610

- 7

Y 3,229,084

$10,509

Operating Income

2,701

56,062

- 95

89,332

Income Before Income Taxes

9,066

44,959

- 80

89,800

Net Income

6,966

24,959

- 72

50,900

Amounts Per Share of Common Stock:

Basic Earnings

Y 3.8

Y 13.5

- 72

Y 25.1

$0.028

Net Sales by Product Area Yen
(millions) Yen
(millions) U.S. dollars
(millions)

1st Half
FY 1998 1st Half
FY 1997 Change (%) FY 1997 1st Half
FY 1998

Communications Systems

Y 252,706 Y 352,465 - 28 Y 696,111 $1,872

Computers & Information
Processing Systems

1,043,791 1,005,088 + 4 2,234,398 7,731

Semiconductors & Electronic
Components

122,321 167,057 - 27 298,575 906

[Semiconductors]

[111,481] [158,533] - 30 [282,245] [826]

TOTAL

Y 1,418,818 Y 1,524,610 - 7 Y 3,229,084 $10,509

Projections for FY1998 (April 1, 1998 - March 31, 1999)

Consolidated Earnings Forecast
	Yen (billions)	Change(%)
Net Sales	5,400	+ 8
Net Income	45	---

Unconsolidated Earnings Forecast

Yen
(billions) Change(%)

Net Sales 3,220 ---

Net Income 5 - 90