Impact of GM’s Filing for Chapter 11 Bankruptcy Protection in the U.S. on HORIBA’s Earnings

|   Press release

On June 1, 2009, General Motors Corporation (GM), one of our customers, filed for Chapter 11 bankruptcy protection in the U.S. Based on current information available, HORIBA’s trading relationship with GM, in terms of liabilities and assets, are as follows and impacts to HORIBA’s earnings for this fiscal year is expected to be limited.

On June 1, 2009, General Motors Corporation (GM), one of our customers, filed for Chapter 11 bankruptcy protection in the U.S. Based on current information available, HORIBA?s trading relationship with GM, in terms of liabilities and assets, are as follows and impacts to HORIBA?s earnings for this fiscal year is expected to be limited.

1. GM?s profile

?1? Corporate nameGeneral Motors Corporation
?2? Head office300 Renaissance Center, Detroit, MI 48265-3000, USA
?3? RepresentativeFrederick A. Henderson, President and Chief Executive Officer
?4? Main business activitiesAutomobile manufacturing

2. Types, amounts, and ratios to total net assets of liabilities and assets related to GM (as of June 1, 2009, preliminary)

(1) Types and amounts of liabilities and assets

Account receivable:86 thousand U.S. dollars
(8 million yen at the exchange rate of 94.97 yen per U.S. dollar, as of June 1, 2009)
Inventories:1,038 thousand U.S. dollars
(98 million yen at the exchange rate of 94.97 yen per U.S. dollar, as of June 1, 2009)

(Balance at HORIBA Instruments Incorporated (US), a Group subsidiary)

(2) Ratios to total net assets

Ratios to HORIBA?s net assets of 76,841 million yen at the closing date of the previous fiscal year

Accounts receivable0.01?
Inventories0.13?

(Balance at HORIBA Instruments Incorporated (US), a Group subsidiary)

3. Impact on earnings outlook

Given the amounts stated above, the impact on HORIBA?s earnings for this fiscal year is expected to be limited.

For inquiries:
Investor & Public Relations Department, HORIBA, Ltd.
Tel. 81-75-325-5003 (direct), 81-75-313-8121 (Main)