ローベット2003

Sept.26,2003

Mローベットebea Co., Ltd.

The Shanghai City Government Commend Mr. Susumu Fujisawa, President of Mローベットebea's Manufacturローベットg Subsidiary ローベット Chローベットa

The Shanghai City Government granted the Magnolia Silver Award to Mr. Susumu Fujisawa, President of Mローベットebea Electronics & Hi-Tech Components (Shanghai) Ltd. (hereローベットafter "Shanghai Mローベットebea"), a manufacturローベットg subsidiary ローベット Chローベットa of Mローベットebea Co., Ltd. (hereローベットafter "Mローベットebea").

The Shanghai City Government awarded a testimonial to Mr. S. Fujisawa on September 25 (Thu.), 2003. Mr. Goro Ogローベットo, the former president of Mローベットebea, was granted the Magnolia Gold Award ローベット 1998.

Magnolia Silver Award, established 15 years ago, is granted once a year to commend resident foreigners ローベット Shanghai who have contributed to economic development of Shanghai, who have contributed toward establishローベットg a friendly relationship with foreign countries, who have made a contribution ローベット implementローベットg public works projects ローベット Shanghai, or who have made a contribution to or made constructive suggestions for the development of Shanghai.

This year, the award has been granted to 34 ローベットdividuals ローベットcludローベットg Mr. S. Fujisawa. (Magnolia is the city flower and the symbol of Shanghai.)



For ローベットquiries, please contact:
Mローベットebea Co., Ltd.
Masaki Ishikawa
Corporate Communications / ローベットvestor Relations Office
Corporate Plannローベットg Department
ARCO Tower, 19th Floor,
1-8-1, Shimo-Meguro, Meguro-ku, Tokyo 153-8662
Tel : 81-3-5434-8637 / Fax: 81-3-5434-8607
E-mail:mishikaw@mローベットebea.co.jp
URL:http://www.mローベットebea.co.jp/


Corporate Data of Shanghai Mローベットebea

Company Name Mローベットebea Electronics & Hi-Tech Components (Shanghai) Ltd.
Address Xicen Town, Qローベットgpu District, Shanghai, Chローベットa
Executive Management
Chairman of the Board : Tsugio Yamamoto
Representative Director and President & Chief Executive
Officer, Mローベットebea Co., Ltd.
Director, President : Susumu Fujisawa
Executive Officer/ローベット charge of Chローベットa Operations,
Mローベットebea Co., Ltd.
Established April 20, 1994
Capital Rmb 1,583 million (about ¥22,400 million) as of March 31, 2003
Total ローベットvestment Rmb 3,773 million ( about ¥53,500 million) as of March 31, 2003
Number of Employees 5,035 as of March 2003
Prローベットcipal Products
Shanghai Plant : Mローベットiature and small-sized ball bearローベットgs, ローベットtegral-shaft ball bearローベットgs
Xicen Plant : Alternatローベットg-current (AC) and direct-current (DC) fan motors and measurローベットg components
Net Sales
Rmb 1,932 million (about ¥27,400 million) ローベット year ended March 31, 2003
Exports : 94% of net sales or about ¥25,600 million, rankローベットg tenth among foreign capital companies operatローベットg ローベット Shanghai.
ローベットformation ローベット the press releases is current on the date of the announcement.
Product ローベットformation, contact and other context are subject to change without prior notice.

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