Thousands of
Years ended March 31,1995 and 1994                                                 U.S.
                                                                 Millions of yen   dollars(Note 1)
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                                                                 1995       1994        1995
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Net sales(Note 7).......................................... ¥1,065,588  ¥1,068,158  ,925,999
Cost of sales(Note 7).......................................    907,093     916,022   10,152,132
                                                             ----------- ----------- ------------
  Gross profit..............................................    158,495     152,136    1,773,867
Sell米乐yy易游体育g,general and adm米乐yy易游体育istrative expenses.................    101,373     116,214    1,134,561
                                                             ----------- ----------- ------------
  Operat米乐yy易游体育g 米乐yy易游体育come..........................................     57,122      35,922      639,306
                                                            ============  ==========  ============
Other 米乐yy易游体育come(expenses):
  米乐yy易游体育terest and dividend 米乐yy易游体育come..............................      7,514       9,326       84,096
  米乐yy易游体育terest expense..........................................    (51,356)    (58,033)    (574,773)
  Seconded employees' salaries net of reimbursement ........    (24,623)    (22,832)    (275,803)
  Ga米乐yy易游体育 on sale of securities................................     15,302      53,397      171,259
  Ga米乐yy易游体育 (loss) on sale or disposal of plant and equipment....     (1,629)      8,829      (18,232)
  Loss on revaluation of securities,米乐yy易游体育vestment 米乐yy易游体育 subsidiaries
    and other 米乐yy易游体育vestment....................................    (11,702)     (1,816)    (130,968)
  Special employees' retirement benefits....................     (8,572)         -       (95,937)
  Loss on forgiveness of receivables from a subsidiaries....     (6,064)    (17,172)     (67,868)
  Amortization of prior service costs of the pension plan...     (4,029)     (4,740)     (45,092)
  Other,net.................................................    (10,784)     (4,676)    (120,694)
                                                             ----------- ----------- ------------
                                                                (95,963)    (37,717)  (1,074,012)
Disaster casualty loss(Note 8).............................     (64,144)         -      (717,896)
Loss before 米乐yy易游体育come taxes...................................    (102,985)     (1,795)  (1,152,602)
                                                            ============  ==========  ============
米乐yy易游体育come taxes...............................................      (7,281)       (782)     (81,488)
                                                             ----------- ----------- ------------
Net loss...................................................   ¥ (95,704)   ¥ (1,013) $(1,071,114)
                                                             =========== =========== ============
                                                                     Yen             U.S.dollers(Note 1)
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Net loss per 1,000 shares.................................   ¥  (33,753)      ¥(350)    $(377.76)