May 21, 2004

Revision of Dividend Projection for Fiscal 2003 Ended March 2004

At a meeting held on May 21, 2004, the board of directors of the company passed a resolution to revise its dividend projection for the year ended March 2004 as follows:

1. Reason for the revision

In view of the operating results for the year ended March 2004 and forecast of future earnings, the company decided to propose an increase in year-end per share dividend by 0.5 yen to 3.00 yen for full-year dividend of 5.50 yen at the forthcoming general shareholders' meeting for the 105^th reporting period.

2. Revision

	Interim dividend	Year-end dividend	Annual
Previous projection (announced Nov. 6, 2003)	2.50 yen	2.50 yen	5.00 yen
Revised projection	2.50 yen	3.00 yen	5.50 yen
Actual for the previous year (ended March 2003)	2.50 yen	2.50 yen	5.00 yen