HORIBA is a global group of companies that provides analytical and measurement equipment in fields that are indispensable to people's lives, including the environment, health, safety, and energy. We are expanding our business operations by making use of our advanced technological capabilities and global network. HORIBA products hold No. 1 or No. 2 share positions of global markets - for example, our automotive emission measurement systems command an 80% share of the global market - accounting for approximately 60% of total sales.

Prior to 2005 HORIBA’s growth was led by the Automotive Test Systems segment. In the subsequent five years, the company had been supported by the recovery and growth of the Semiconductor Instruments & Systems segment. Over the next five years, leading up to 2015, we expect attractive profit contributions from the Medical-Diagnostic Instruments & Systems segment, which will balance our earnings structure.

HORIBA’s Well-Balanced Management

HORIBA has five business segments and three operating regions. We will deliver sustainable growth with well-balanced management as one integral entity, without dependence on any one segment or region.

Note: For the fiscal year ended December 31, 2006, the accounting term for the Company was 9 months and 11 days as a result of a change in its fiscal year-end from March 20 to December 31.