Fiscal 2011 (ended March 2011) Financial Results (Cumulative Basis)

(百万円)

Financial Highlights

• Sales increased year-on-year, thanks to growth in the number of active engineers and the number of client plants

  UT Holdings’ main business of outsourcing saw a higher-than-expected growth in the number of active engineers and the number of client plants, thanks to a gain in our share of existing clients and progress in acquiring new clients. The number of active engineers rose from 4,004 at the end of March 2010 to 5,346 at the end of March 2011, while the number of client plants surged from 76 at the end of March 2010 to 194 at the end of March 2011. As a result, the UT Group’ net sales increased by 12.0% year-on-year.

• Exclusive focus on the outsourcing business resulted in a surge in operating profit y-o-y

  The earthquake of March 11, 2011 caused operating profit to fall short of our initial forecast. However, steady sales growth and our exclusive focus on the outsourcing business helped to record significant growth of 396.1% year-on-year in operating profit.

• Only temporary impact from the Great East Japan Earthquake

  The quake of March 2011 caused some of our engineers to become inactive but that number has decreased faster than expected. In addition, our business in 4 growth areas (solar batteries, secondary batteries, LEDs, and displays) and environmental areas (power semiconductors and hybrid automotive components) continued to be robust, and the uptrend in dispatching and outsourcing needs remained intact. We will take the current environment as a good opportunity and continue to steadily satisfy clients’ needs.

Fiscal 2012 (ending March 2012) Financial Forecasts

Financial Highlights

• Financial Highlights

  We are using our accumulated expertise in the semiconductor area and expanding into 4 growth areas (solar batteries, secondary batteries, LEDs, and displays) to increase sales and the number of engineers. We expect the number of engineers to increase by around 1,700, from around 5,300 at the end of March 2011 to 7,000.

• Enhance large-scale outsourcing service capability

  By leveraging our strong track record and low turnover rates of our engineers, we will enhance our large-scale outsourcing service capability and raise the number of active engineers per plant, which will then lead to an improvement in the ratio of SG&A expenses to sales. This is how we will ensure high profitability.

• Improve benefits to employees (regarding as customers)

  We strategically treat our employees like our customers to raise the employee retention rate and enhance our hiring capability for engineers, with the ultimate aim of further ensuring our growth strategies.