Next, are the major factors of extraordinary gains and losses.
The fiscal year ended March 31, 2007 had about 5.0 billion yen of extraordinary gain on sales of land of its subsidiary, Yusoki Kogyo K.K., and about 2.4 billion yen of extraordinary gain on transfer of the substitutional portion of the employees’ pension fund from subsidiaries.
Meanwhile, the fiscal year ended March 31, 2008 had 1.5 billion yen of extraordinary gain on sale of Fuji Robin Industries, Ltd. shares to Makita Corporation in a friendly takeover bid. As a result, extraordinary gains decreased by 5.6 billion yen year on year.
Extraordinary losses stemmed from loss on sale and disposal of property, plant and equipment, amounting to 5.5 billion yen, due to the renewal of the paint shops of Yajima Plant of the Gunma Manufacturing Division, and 13.2 billion yen of impairment loss was recognized for minicar manufacturing facilities of the Gunma Manufacturing Division following OEM supply from Daihatsu Motor and etc..

As a result of the above, extraordinary losses increased by 11.3 billion yen year on year.