NOTICE OF SETTLEMENT
OF
CONSOLIDATED ACCOUNTS
March 31, 2000

Noritake Co.,Limited
1-36,Noritake-Shinmachi 3-chome,Nishi-ku,Nagoya 451-8501,Japan
The Company's shares are listed on the First Section of Nagoya, Tokyo, Osaka and Sapporo Stock Exchange. (Securities Code No.5331)
(1)Date of the meeting of Board of Directors to settle accounts...May 23, 2000
(2)Date of the annual general meeting of shareholders.............June 29, 2000
(3)An Inquiry relating to this notice should be made to:
Hitoshi Tanemura,Director and General Manager of Accounting and Financing Dept.
Tel :(052)561-7116

1.Business Results for the Current Fiscal Year
(From April 1, 1999 to March 31, 2000)

(1) Results from Operation
Net Sales
( Increase over the Preceding FY )
Operating Income
( Increase over the Preceding FY )
Ordinary Income
( Increase over the Preceding FY )
For the Fiscal Year
ended March 31,2000
ended March 31,1999
(mil.yen) (%)
118,720 ( -4.1)
123,851 ( -2.1)
(mil.yen) (%)
4,245 ( 22.9)
3,454 ( -32.3)
(mil.yen) (%)
4,588 ( 68.4)
2,724 ( -44.1)

Net Income
( Increase over the Preceding FY )
 Net Income
per Share		 Fully Diluted
Net Income per Share
For the Fiscal Year
ended March 31,2000
ended March 31,1999
(mil.yen) (%)
2,268 ( 999.0)
206 ( -93.3)
(yen)
14.10
1.28
(yen)
----
----

Ratio of Net Income to
Shareholders' Equity		 Ratio of Ordinary
Income to Total Assets		 Ratio of Ordinary
Income to Net Sales
For the Fiscal Year
ended March 31,2000
ended March 31,1999
(%)
3.6
0.3
(%)
3.6
2.1
(%)
3.9
2.2

Note : 1. Differences between market value and book value of marketable securities
:
30,536 million yen
2. Differences between market value and contract value of derivatives
:
5 million yen
3.Change in accountiong policies
:
 None

(2) Financial Position

Total Assets
(A)		 Shareholders' Equity
(B)		 (B) / (A)
For the Fiscal Year
ended March 31,2000
ended March 31,1999
(mil.yen)
126,415
129,420
(mil.yen)
63,519
63,759
(%)
50.3
49.3

Shareholders' Equity
per Share
For the Fiscal Year
ended March 31,2000
ended March 31,1999
(yen)
400.93
396.20

(3) Cash Flows

Cash flows from
Operationg Activities
 Cash flows from
Investing Activities
 Cash flows from
Financing Activities
 Cash and Cash equivalents
For the Fiscal Year
ended March 31,2000
ended March 31,1999
3,708
-
523
-
4,647
-
10,055
-

(4) The number of consolidaed subsidiaries and affiliates accounted for by equity method.

2000 1999
Consolidated subsidiaries
Affiliates, accounted for by equity 		55
3 		54
6


2. Business Outlook for Fiscal Year Ending March 31, 2001

(From April 1, 2000 to March 31, 2001)

Net Sales Ordinary Income Net Income

The Interim period
Through the period
(mil.yen)
58,000
120,000
(mil.yen)
2,000
5,200
(mil.yen)
- 700
1,000


(Reference) Projected net income per share (through the period) 6.31 yen

NORITAKE CO., LIMITED