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OKAYA Electric Industries, Co., Ltd.

Presentation 2010

Prepared by : OKAYA ELECTRIC INDUSTRIES CO., LTD.Issue date: June 2010

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Company ProfileCompany Profile Year Founded:Year Founded: 1939 1939 Capital:Capital: $22M ($1 = \90) $22M ($1 = \90) 　　 €　　 € 17M (€1 = \12017M (€1 = \120 ） ） Stocks:Stocks: Listed on Tokyo Stock Exchange (First section) Listed on Tokyo Stock Exchange (First section) The location of sales office and FactoryThe location of sales office and Factory ：： <Sales office><Sales office> Tokyo / Oosaka / Nagoya / Fukuoka / Nagano / Shizuoka / Hokuriku Tokyo / Oosaka / Nagoya / Fukuoka / Nagano / Shizuoka / Hokuriku Hong Kong / Shanghai / Shenzhen / Singapore / U.S.A.Hong Kong / Shanghai / Shenzhen / Singapore / U.S.A. <Design Center><Design Center> Nagano Nagano ⇒ Noise product / Led Display / Sensor products Saitama Saitama ⇒ Surge Devices / LCD Display <Factory><Factory>China (Dong Guan) / Sri Lanka / Iwate / Fukushima/ Saitama Quality Management System:Quality Management System: ISO9001 Environmental Management System:Environmental Management System: ISO14001

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Sales Sales

The year 2009 Sales: $131M ($1=\90) €98M (1€=\120The year 2009 Sales: $131M ($1=\90) €98M (1€=\120 ） ） (From 1.Apr.2009 to 31.Mar.2010)(From 1.Apr.2009 to 31.Mar.2010)

0

5,000

10,000

15,000

20,000

2002 2003 2004 2005 2006 2007 2008 2009

Fisical year

The amount of sales (unit=million yen)

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Sales Breakdown Sales Breakdown 2009 Fiscal2009 Fiscal

Product Segments

NOISE55%

SURGE20%

LED8%

LCD15%

SENSOR2%

Overseas53%

Domestic47%

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NOISE PRODUCT RANGE NOISE PRODUCT RANGE

Capacitor (60% / sales at noise division ) Noise filter (40% / sales at noise division))

<Capacitor Range><Capacitor Range>

1) Noise suppression capacitors (70% at product qty)1) Noise suppression capacitors (70% at product qty)

2) PFC capacitors2) PFC capacitors

3) High pulse capacitors3) High pulse capacitors

4) Spark quenching 4) Spark quenching

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Noise

Products

Home Appliances・ TV 　・ Air Conditioner・ Air Purifier ・ Refrigerator 　・ Washing Machine 　・ IH Cooker etc.

Industrial Machine・ Machinery

・ Semiconductor Device ・ Robot・ Medical Equipment 　 etc.

Office Appliances・ Telephone 　・ Fax Machine・ PC 　・ Copier・ Projector・ Digital Camera etc.

Automobile・ Automobile 　

・ Train etc.

35%

30%

35%

Noise Product Market Noise Product Market by Applicationby Application

Future aim.

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Capacitors RangeCapacitors Range

Noise Suppression CapacitorsNoise Suppression Capacitors

PA-series (5%) RE-series(10%) LE(-M/-MX)-series(70%) ⇒ ⇒ ＊ Other (10%)

Market Market

LCD/PDP TV-----SONY, Panasonic, SHARP, TOSHIBA etc.LCD/PDP TV-----SONY, Panasonic, SHARP, TOSHIBA etc.

Air conditioner-----Daikin, FUJITSU GENERAL, Mitsubishi etc.Air conditioner-----Daikin, FUJITSU GENERAL, Mitsubishi etc.

White goods-----Panasonic, Sharp, Philips etc.White goods-----Panasonic, Sharp, Philips etc.

Industries----Yasukawa, FANAC, FUJI, Mitsubishi, HitachiIndustries----Yasukawa, FANAC, FUJI, Mitsubishi, Hitachi

other--------Canon, Nintendo, GE, Deltaother--------Canon, Nintendo, GE, Delta

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Capacitors Range-2Capacitors Range-2

PFC capacitor PFC capacitor

HCE-series(5%) HCE-series(5%) AFP-series(10%)⇒ AFC-series(85%)⇒

Market

LCD/PDP TV (85%)----- SONY, Panasonic, SHARP, TOSHIBA etc.SONY, Panasonic, SHARP, TOSHIBA etc.

AC adaptor for PC(10%)---Delta, Lite-on, Sanken etc (power source maAC adaptor for PC(10%)---Delta, Lite-on, Sanken etc (power source manufacuture).nufacuture).

Other (5%)----Canon, Epson, etc. Other (5%)----Canon, Epson, etc.

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Surge

Products

Home Appliances・ TV 　・ Air Conditioner・ Air Purifier ・ Refrigerator 　・ Washing Machine 　・ IH Cooker etc.

Industrial Machine・ Machinery

・ Semiconductor Device ・ Robot・ Medical Equipment 　 etc.

Office Appliances・ Telephone 　・ Fax Machine・ PC 　・ Copier・ Projector・ Digital Camera etc.

Communication・ Mobile Phone ・ Modem 　

・ Splitter ・ GPS etc.

25%

25%

25%

Surge Product Market Surge Product Market by Applicationby Application

25%

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Surge Product Device-1Surge Product Device-1 Surface-mount GDT (RHCA-series)Surface-mount GDT (RHCA-series)

MarketMarket

Communication device (modem) / Information technology deviceCommunication device (modem) / Information technology device

LCD/PDP TV / recorder LCD/PDP TV / recorder

Panasonic, Sharp, Hitachi, Mitsubishi, Sanyo, Sumitomo Panasonic, Sharp, Hitachi, Mitsubishi, Sanyo, Sumitomo

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Surge Product Device-2Surge Product Device-2 GDT (R26GDT (R26 ・・ 28-series/R3628-series/R36 ・・ 38-series)38-series)

MarketMarket

Communication device (modem) / Information technology deviceCommunication device (modem) / Information technology device

Solar power generationSolar power generation

Panasonic, Kyocera, OMURONPanasonic, Kyocera, OMURON

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Surge Product Device-Surge Product Device-33

Module for AC power source (LV-series)Module for AC power source (LV-series)

RAV-seriesRAV-series RCM-series RSPD-series LV-series⇒ ⇒ ⇒ Market

FA 機器 (40%) / Machine(30%) / Solar power generation(15%)Solar power generation(15%) / / Medical device(5%)Medical device(5%)

FANUC / YASUKAWA / Kyocera /SHIMADZU FANUC / YASUKAWA / Kyocera /SHIMADZU

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NOISE PRODUCT RANGENOISE PRODUCT RANGE Capacitor (60% / sales at noise division ) Noise Suppression Capacitors PA RE LE-series (LE / LE-M / LE-MX)⇒ ⇒ Market LCD / PDP TV (%) ・ Air Conditioner(%) ･ White Goods(%) ・ other(%) Sony Panasonic Sharp Hitachi Tosiba PFC capacitors HCE AFP AFC AFS⇒ ⇒ ⇒ Market LCD / PDP TV (%) High Pulse Capacitors Spark Quenching

Noise filter (40% / sales at noise division))

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Product RangeProduct Range

Noise Noise Suppression CapacitorsNoise Suppression Capacitors Noise FiltersNoise Filters Spark Quenchers Spark Quenchers Snubber capacitorSnubber capacitor Capacitor for PFC circuitCapacitor for PFC circuit Inductance Coils Inductance Coils

Surge Surge Absorbers Surge Absorbers

LED Displays LED Displays LCD Displays LCD Displays

EMI Products Display Products

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Company ProfileCompany Profile

Year founded : Year founded : 1939 1939 Capital:Capital: $22 $22M, ($1M, ($1 ＝＝ \90) \90)

(March 2010)(March 2010) 　　　 　　　 €€ 18M, (€118M, (€1 ＝＝ \120)\120) Sales:Sales: $131M, $131M, ($1($1 ＝＝ \90) \90)

(Apr.2009-Mar.2010) (Apr.2009-Mar.2010) €98M, (€1€98M, (€1 ＝＝ \120)\120) Employees:Employees: 22,100 (March 2010),100 (March 2010) Stocks: Stocks: Listed on Tokyo Stock ExchangeListed on Tokyo Stock Exchange

(First section)(First section)

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Noise/Surge ProductsNoise/Surge Products

Noise Suppression Capacitors

Noise suppression capacitors are most widely applied in power line applications as countermeasures to noise occurring in inverters, switching power supplies, brush motors, and to the full range of office automation equipment.

Designed for Across-the Line and Line-Bypass applications, OKAYA capacitors are rated up to 310VAC with capacitance values from 0.001uFd to 10uFd.

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EMI/RFI Power Line Noise Filters

Conductive noise interferes with electric components and systems by being transmitted along power lines and the wiring of electronic circuits. OKAYA’s power line filters are designed to suppress conducted EMI/RFI emissions over a broad range of frequencies. Single Phase and 3-Phase Filters are available with voltage ratings to 500VAC and power rating to 250Am. All filters have Safety agency approvals for worldwide acceptance.

Noise/Surge ProductsNoise/Surge Products

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Surge Absorbers (TVSS)

Power surges, both voltage and current, are occurring continually in today’s power systems. Whether they occur naturally, such as from lightning and static electricity; or are man made, such as from inductive surges from motor, transformers, solenoids, etc. Power surges are a fact of life. These power surges have a very high voltage and current level as compared to electrical noise.

OKAYA’s Transient Voltage Surge Suppressors are designed to aid in the suppression of high-energy transient voltage surges. Products ranging from Gas Tubes to Suppression Systems have worldwide approvals to meet safety agency requirements.

Noise/Surge ProductsNoise/Surge Products

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Spark Quencher

Spark Quenchers are easily selectable electronic components designed to prevent or substantially minimize the occurrence of arching and noise generation in relay and switch contacts. They also serve as snubbing circuits for solid state switching devices.

Spark Quenchers consist of specially designed capacitors and resistors connected in series. Spark discharges and induced noise are absorbed over a wide range by the accumulation characteristic and impedance of the capacitor, while the RC time constant delays and averages surge voltage and oscillation.

Noise/Surge ProductsNoise/Surge Products

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*Features.

・ Low loss & High permissible ripple current.

・ High withstand voltage

(Between line and case; 2500Vrms-60sec).

・ Low buzz sound.

*Application.

・ PFC circuit for electrical appliances.

Capacitor for PFC circuit.Capacitor for PFC circuit.

AFC series.AFC series.

*Electrical characteristics.

・ Rated voltage; 450VDC

・ Capacitance range; 0.47 to 4.7uF (±10%)

・ Operating temperature range; -40 to 105℃

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Display ProductsDisplay Products

High Power LED

Bo-Jo LED

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Display ProductsDisplay Products

LCD Display

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ManagementManagement

Chief Executive Officer Chief Executive Officer Ritsuo MaruyaymaRitsuo Maruyayma Chief Operating Officer Chief Operating Officer Hisayoshi YamagishiHisayoshi Yamagishi Senior Managing Director of Administration Senior Managing Director of Administration

– Ikuo Matsuoka, Senior Managing DirectorIkuo Matsuoka, Senior Managing Director

Senior Senior Director of SalesDirector of Sales – Kazuyoshi IchinoseKazuyoshi Ichinose, Managing Director , Managing Director

Director of AccountingDirector of Accounting – Suguru Yoshino, Director Suguru Yoshino, Director

Director of R&D Director of R&D – Akira Kamo, DirectorAkira Kamo, Director

Director of ManufacturingDirector of Manufacturing– Masamitsu Aoki, DirectorMasamitsu Aoki, Director

AuditorAuditor– MaMasaakisaaki Ogawa Ogawa– Masuo UchimuraMasuo Uchimura– Hideo SuzukiHideo Suzuki

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SalesSales

Fiscal year Fiscal year SalesSales

2002 2002 10,25810,258

2003 2003 11,17011,170

2004 2004 12,535 12,535

20052005 13,68413,684

20062006 15,88515,885

20072007 15,972 15,972

    2008 13,368 2008 13,368

Note: unit= million yen

Consolidated all OKAYA group

020406080

100120140160180200

Sal

es (hu

ndre

d-m

illion

yen

)

2002 2003 2004 2005 2006 2007 2008

Fiscal year

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Sales BreakdownSales Breakdown

Noise (Capacitor & Noise filter) 58% Surge Absorbers 19% Display (LED & LCD) 19% Sensor 4%

2008 Fiscal

Noise58%Surge

19%

Display19%

Sensor4%

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Market PositionMarket Position

Noise Suppression Capacitors (Case type) Noise Suppression Capacitors (Case type) No.1 World

5050 million pieces monthly million pieces monthly

  Surge AbsorbersSurge Absorbers No.2 Japan

10 million pieces monthly10 million pieces monthly

  

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LED

Characteristics

Lighting refraction technology by lens designing.,High Quality, Assembly technology

Display Product Display Product ApplicationsApplications

LCD

Characteristics

Custom made LCD modules, Quality Assurance

Sensor

Photo sensor

LED lighting source encoder

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Major CustomersMajor Customers SonySony PanasonicPanasonic

NECNEC ToshibaToshiba HitachiHitachi FujitsuFujitsu SharpSharp RicohRicoh SanyoSanyo EpsonEpson PioneerPioneer OkiOki MitsubishiMitsubishi FujiFuji JVCJVC MurataMurata

SiemensSiemens Schneider (French)Schneider (French) SchaffnerSchaffner IBMIBM HP HP HP/CompaqHP/Compaq HoneywellHoneywell ElectroluxElectrolux MotorolaMotorola DellDell GEGE WhirlpoolWhirlpool RockwellRockwell KodakKodak AlcatelAlcatel FanucFanuc SMC CorpSMC Corp

CelesticaCelestica JabilJabil FlextronicsFlextronics ArrowArrow TycoTyco SolectronSolectron YasukawaYasukawa

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Okaya World-WideOkaya World-Wide

Sales Division Japan OKAYA Japan

North/South America OKAYA America

Asia OKAYA Hong Kong, OKAYA Singapore

Europe and the rest OKAYA Japan

Engineering

Division

Nagano Tech Center Capacitors, Noise Filters, Surge Absorbers, Spark Quenchers, LED, LCD modules

Saitama Tech Center Surge Absorbers, Switching Spark Gap, Plasma Displays, Neon lamps

Production

Division

Iwate (Japan) Capacitors, Spark Quenchers

Fukushima (Japan) Noise Filters

Nagano (Japan) Noise Filters, Surge Absorbers, LED

Saitama(Japan) Plasma Displays, Neon lamps

China Capacitors, Surge Absorbers, Noise Filters, LED

Sri Lanka Capacitors

Taiwan LCD

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Sales NetworkSales Network

Okaya JapanOkaya Japan Japan, Europe, Middle East, Africa, OceaniaJapan, Europe, Middle East, Africa, Oceania Okaya AmericaOkaya America North/South AmericaNorth/South America Okaya Hong Kong Okaya Hong Kong Asia- China, Taiwan, KoreaAsia- China, Taiwan, Korea Okaya SingaporeOkaya Singapore 　　 Asia – the rest of AsiaAsia – the rest of Asia

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Factory LocationsFactory Locations

Donguang,China Fukushima, Japan

Nagano, Japan 　

Iwate, Japan Saitama, Japan

Katunayake ,Sri Lanka

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Quality Management Quality Management SystemSystem

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Environmental Environmental Management SystemManagement System

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List of ISO Certification List of ISO Certification As of March 2008As of March 2008

　Corporate

　Division

　

　 Date of Certification

　 Date of Certification

　 ISO No. ９００１ ISO No. １４００１　　 Version 2000 　 Version 2004

Okaya Japan 　　　　

Administration, Sales 2.23,2007 2.23,2007

Nagano Plant 2.23,2007 2.23,2007

Saitama Plant 2.23,2007 2.23,2007

Fukushima Plant 2.23,2007 2.23,2007

Iwate Plant 2.23,2007 2.23,2007

Okaya China 　　　

Headquarters 2.23,2007 2.23,2007

Donguan Plant 2.23,2007 2.23,2007

Sales 　 2.23,2007 2.23,2007

Representative Offices 2.23,2007 2.23,2007

Okaya America 　 2.23,2007 2.23,2007

Okaya Singapore 　 2.23,2007 2.23,2007

Okaya Lanka 　 2.23,2007 2.23,2007

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Thank you for your attention