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FY Ended March 2004

Photo:Annual report year ended March 31, 2004 Cover With an aim to attain higher sales and income, we promoted further efforts to maximize core competencies in our mainstay businesses and to reinforce our competitive edge.
In the feature "Breakthroughs / HDD Spindle Motors and Other Precision Small Motors", we introduce our new course for higher profitability and growth potential with two new FDB units and HDD spindle motors using those FDBs, and Minebea-Matsushita Motor Corporation, a new joint venture established in April 2004.

Special Feature: Breakthroughs - HDD Spindle Motors and Other Precision Small Motors -

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