npc companypresentation ver.4.0 2010.12

NPC TownsSingaporeCompany InformationDecember 2010

CR_Ver.4.0_2010.12

Copyright 2010 NPC Incorporated. All rights reserved.

Company Outline


1. Corporate Overview2. History

Month YearDec.1992 NPC Incorporated (NPC) was founded Tokyo with capital of 12.5 mil Japanese yen for manufacturing Vacuum Sealer. Sep.1994 Photovoltaic Vacuum Laminator was launched for the domestic market.Jul. 1996Overseas marketing for Photovoltaic Vacuum Laminator has started.Aug.1996 NPC America Corporation, for customer support, was founded in NJ, USA as a wholly owned subsidiary.Sep.1996 Osaka sales office was opened in Izumi, Osaka.May 1998 Photovoltaic Cell Tester, Tabber & Stringer, and Module Tester were launched.Aug.1999Marketing for a full line of photovoltaic module assembly has started.Aug.1999 NPC Europe GmbH, for customer support, was founded in Cologne, Germany as a wholly owned subsidiary.Jun. 2002 Yokohama sales office was founded in Tsuzuki, Yokohama. Aug.2005 ISO14001 was obtained Registration# CR-E0333 Oct.2006 Matsuyama factory was expanded. (Matsuyama factory No.2)Jun. 2007NPC stock was initially listed on the Mothers market of the Tokyo Stock Exchange.Dec.2007Matsuyama factory was expanded. (Matsuyama factory No.2)Aug. 2008Matsuyama factory was expanded. (Matsuyama factory No.3_A).Feb.2009Singapore Branch started in operation April. 2009Matsuyama factory was expanded. (Matsuyama factory No. 3_B)May. 2009Shanghai branch was opened in Shanghai, China.Aug. 2009ISO9001 was obtained Quality Management SystemRegistration# 4088.Feb. 2010Taiwan branch was opened in Hsin-Chu, Taiwan.May. 2010Korea branch was opened in Gyeonggi-do, Korea.Sep. 2010Meier Solar Solutions (new Meier) was founded as a wholly owned subsidiary of NEG and took over the business of old Meier.

NameNPC IncorporatedLocation1-1-20 Minami-senju, Arakawa-ku, TokyoFoundationDecember, 1992President & CEOYoshiroh ChikakiBusinessPhotovoltaic Business Vacuum Sealer BusinessBusiness establishmentTokyo HQ Factory (Arakawa, Tokyo) Matsuyama Factory (Matsuyama, Ehime)Osaka Office (Sakai, Osaka)Yokohama Office (Yokohama, Kanagawa)Singapore Branch (Singapore)Shanghai Branch (Shanghai, China)Taiwan Branch (Hsin-Chu, Taiwan) Korea Branch Gyeonggi-do, KoreaConsolidated subsidiaryNPC America Corporation NPC Europe GmbHMeier Solar Solutions GmbHEmployees523 persons (Consolidated) 395 persons (Non-consolidated) ( as of September 1, 2010 )


Can provide all equipment necessary for the PV module assembly, including the full assembly line.3. NPC Specialties 1) All Technologies For Module AssemblyThin FilmModuleCrystalline SiModule60MW Crystalline Silicon Assembly Line30MW Thin Film Assembly LineModule TesterCell TesterTabbing & Stringing MachineModule Laminator


The whole cycle of business functions, R&D -> Designing -> Manufacturing -> Sales -> Customer support -> R&D, is done by ourselves, in order to surely build needs and requests from customers into our equipment in a timely manner.R&D/DesigningManufacturingSales/MarketingCustomer SupportR&D and Designing Department in the Matsuyama factory.Various kind of needs from customers can be built into equipment.R&D is being promoted vigorously for next generation model and future automation.Manufacturing Department in the Matsuyama factory.Manufacturing with superior workmanship.All equipment for PV module assembly can be manufactured here.

Sales meeting/negotiation.Equipment is delivered worldwide with 3 sales bases in Japan, Europe, and USA.Worldwide 24-hour technical support is provided from 11 support offices over the world.Free on-site service.

3. NPC Specialties 2) Every Function In-House


Business Outlook for FY2011(September, 2009August, 2011)Financial Data (September, 2009August, 2010)


4. Financial DataSales by SegmentReceived Orders by Segment( Unit: million Japanese yen / USD1.00= JPY90 )1) Business Results ended FY2010Quarterly Orders5 billionFY(Yen)


4. Financial DataNo seasonality is seen.Business policy for FY2011 Production expansion Priority on strengthening R&DEnhancing the synergy effects with Meier Solar Solutions SourceNPC-Prepared-10042) History & Sales ending August 2011Million yen1,7892,3473,7954,1896,5549,37314,16456.543.566.833.243.256.842.357.739.460.659.640.434.066.0Yr2003 and 2004: Non-consolidated basisForecastSales2nd halfSales1st half14,99744.555.524,334 (USD270M)59.540.5%FY


NPC Action Course Near-to-mid term strategy


Expected Effect from Capital & Business tie-up with Meier Solar Solutions GmbHNEG Berlin officeMeier Rossla factoryNEG Cologne HQMeier Bocholt HQfactorySourceSolarbuzz LLCMarketbuzz 2010PV-related factories gather in this areaPV-related academic and research institutes gather in this area5. Synergy Effects with Meier Solar Solutions 1) Another center of the NPC group in Germany


Specialist of Module Laminator Strong marketing and information network in EuropeFull product line-upStrong worldwide information networkOriginal global support networkSingle product supply of Module LaminatorWeak exposure to the Asia regionGeographical disadvantage to EuropeGeographical concentration of factoriesPotential risk from strong yenMutual ComplementAccumulated number of shipment for Module Laminator: About 350 unitsAccumulated number of shipment for Module Laminator About 750 units AdvantageDisadvantageAdvantageDisadvantage5. Synergy Effects with Meier Solar Solutions 2) Mutual Complement of Advantages


NPC IncorporatedNPC America CorporationMeier Solar Solutions GmbHMinimizing the foreign currency riskLess transportation costs and a shorter lead timeHigher production capacityAbility to optimize production by full-line manufacturing both in Asia and EuropeProduction flowsProduction flowsNPCMeierHigher customer coverage Enhancement of ability to collect and analyze informationReinforced global service facilitiesProductionSales and ServiceMatsuyamaRosslaBocholtNPC Europe GmbH5. Synergy Effects with Meier Solar Solutions 3) Expected Effects (1)


R&DR&D maintain worldwide customer coverage understand customer needs all over the world, integrate technologies and experiences into our products, in order to maximize our customer satisfaction.Customer needsCustomer needsMaximize Customer Satisfaction5. Synergy Effects with Meier Solar Solutions 4) Expected Effects (2)


6. Production StrategyContribution to the environmentFactory No.3M1M2M3No.3-BInstallation of 90kW PV SystemNo.3-AFactory No.1Factory No.2Including an office space1) Expansion Of The Production Capacity (1)


6. Production StrategyFactory No.3 Expansion 2010/20112) Expansion Of The Production Capacity (2)Factory CFactory DFactory EFactory AFactory BOffice buildingFutsal fieldNEWMeier Solar Solutions factories in Germany


Mechanical DevelopmentDeveloping the new process techniques, employing the new materials and etc,

Research & Development Electrical DevelopmentDeveloping the optics, algorithms, formula, and etc.

Quality ManagementManaging and improving the quality of the products.

Intellectual Property ManagementManaging the intellectual property rights and patents Design ManagementManaging the documents, risks and safety standards Electrical DesignDesigning the electric components and diagrams Control EngineeringDesigning the computer software, PLC programs, and robot programs Mechanical DesignDesigning the machine, parts, and components.6. Production Strategy 3) Engineering Resources Design & Engineering Production Mechanical AssemblyAssembling the machines and components. Electrical AssemblyWiring and assembling the machines and components. Machining Fabricating the parts and components. 214 Technical Staffs* *As of April 1, 2010


7. Sales Strategy1) Global Solar Market and NPC Clients


7. Sales Strategy2) Delivery history of Key Equipment As of November 28, 2010

JapanAmericasEU and AfricaAsia and OthersTotalCell Tester(Double Head)201216120(18)168(18)Tabber & Stringer(Double Head)(CF)77

(6)91(4)116(1)(1)278(16)562(21)(7)Laminator(Meier sold by NPC)189118(1)161286(1)754(2)Module Tester12762853


KoreaChinaTaiwanJapan TokyoOsakaMatsuyamaCologneBerlinNew JerseyCaliforniaSingaporeSourceNPC-Prepared-1010NPC IncorporatedNPC America CorporationMeier Solar Solutions GmbHNPC Europe GmbHMatsuyamaRosslaBocholtProduction siteCountry where NPC machine was deliveredCountry where NPC has received an inquiryNPCMeierIndiaItalySpainCzech7. Sales Strategy2) NPC Global Production and Sales & Service Network


Sharing the technologies & expertise between Client & NPC9. Partnership


TaiwanSingaporeNew JerseyCaliforniaKoreaChinaIndiaItalyCzechSpainGermany (Cologne, Bocholt, Rossla, Berlin)Japan (Tokyo, Osaka, Matsuyama)NPC TOWNSMatsuyama castleOsaka castleTokyo Metro TramNew York CityCologne CathedralSingapore


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2010.4.1 :14:122:37:41

npc companypresentation ver.4.0 2010.12

Documents

npc incorporated npc

npc stock

npc specialties

taiwan korea branch

pv module assembly

yokohama sales office

photovoltaic vacuum

chinataiwan branch hsinchu