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FY Ended March 1998

Photo:Annual report -Year ended March 31, 1998- Cover While achieving a record-high consolidated net sales, operating income and net income, we strengthened our financial position and drastically reduced the balance of interest-bearing debt. To expand our position as the world's premier comprehensive manufacturer of high precision components, we have established three objectives and five principles.
In the feature, we have introduced core capabilities and huge potential such as "achieving higher levels of quality", "expansion of the Shanghai Plant", and "vertically integrated manufacturing system".

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