<Reference>


Note that we have revised our forecast of earnings for the fiscal year ending March 31, 2005 announced in autumn 2004 as follows.

[Revised Forecast]

(Billions of Yen)

Operating
revenue
Operating
income
Recurring profit Net profit
Year ending March 31,
2005
2,087 66 78 46

<Earlier Forecast (announced November 10, 2004)>

(Billions of Yen)

Operating
revenue
Operating
income
Recurring profit Net profit
Year ending March 31,
2005
2,049 65 74 44


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