Securities code: 6268

Advance to The Next Stage President & CEO Kazuaki KOTANI

The forecast data presented herein reflects assumed results based on conditions that are subject to change. Nabtesco Corporation does not make representations as to, or warrant, in whole or in part, the attainment or realization of any of the forecasted results presented in this document. March, 2013 1

Agenda

I.

Steps in the Consolidation

II.

Company Overview

III. Main Products by Business Segment IV. Forecast for 2013/3 Consolidated Figures V.

Consolidated Annual Results by Business Segment

VI. Businesses with Good and Low Visibility VII. Topics VIII. Targeted Financial Figures IX.

Long-term Investment Strategy

2

Steps in the Consolidation

Oct., 2004 Merged into Nabtesco

Established in 1944

Sept., 2003 Establishment of Nabtesco (as a holding company)

Nov., 2002 Established in 1925

Conclusion of basic agreement with regard to consolidation

3

Company Overview Aiming to be the world’s leading manufacturer of Motion Control Systems and related components for Air, Land and Marine applications

Company Name Nabtesco Corporation Established

September 29, 2003

Address

7-9, Hirakawacho 2-chome, Chiyoda-ku, Tokyo 102-0093, Japan

Capital

10 billion yen

Representatives

President & CEO: Kazuaki KOTANI

Employees*

Consolidated 5,119

Consolidated subsidiaries* Japan: 11 (other 6 equity-method affiliates) International: 31 (other 3 equity-method affiliates) (*as of September 2012) 4

Main Products: Precision Equipment

Precision Reduction Gears Features High positioning accuracy, high rigidity No.1 Others Nabtesco 60%

Approx. 60% of the world market share for joints of industrial robots No.1

Others Nabtesco 60%

Approx. 60% of the domestic market share for machine tool ATCs (ATC = Automatic Tool Changer)

Main Customers Robots: Fanuc, Yaskawa Electric, KUKA Roboter (Germany), ABB Robotics (Sweden) Machine tools: Yamazaki Mazak, Okuma, Mori Seiki

5

Main Products: Transport Equipment Railroad Vehicles Brake Systems

No.1

Others

Nabtesco 50%

Approx. 50% of the domestic market share

No.1

Door Operating Systems

Others

70%

Marine Vessels 2-stroke Main Engine Control Systems

No.1

Others

Approx. 70% of the domestic market share Approx. 60% of the domestic market share (Approx. 40% of the world market share)

No.1

Others

Nabtesco 70%

Others

Air Dryers

Nabtesco 60%

Commercial Vehicles Wedge Chambers

Nabtesco

Approx. 70% of the domestic market share

No.1

Nabtesco 85%

Approx. 85% of the domestic market share

Main Customers Railroad vehicle equipment JR companies, Private railway companies, KHI, Bullet train and subway projects in China, etc. Marine vehicle equipment KHI, Mitsui Engineering & Shipbuilding, MHI, Hitachi Zosen, MHI, Diesel United, Hyundai Heavy Industries (Korea), MAN Diesel (Denmark) Commercial vehicle equipment Mitsubishi Fuso Truck & Bus, Hino, Isuzu, UD Trucks 6

Main Products: Aircraft & Hydraulic Equipment Flight Control Actuation Systems (FCA) ⃞ One of the four major world players in FCA manufacturing (major FCA supplier to Boeing Company) ⃞ Expanding business into engine accessories and electric power generation generation No.1 Nabtesco 100%

100% share of the FCA market for domesticallyproduced aircrafts

Traveling Motors for hydraulic excavators No.1 Nabtesco Others

30%

Approx. 30% of the world market share Drive units for wind turbine generators

Main Customers Hydraulic equipment Traveling motors: (Japan) Komatsu, Kobelco Construction Machinery, Sumitomo Construction Machinery Manufacturing, (China) Sany, Xugong Excavator, Zoomlion, Liu Gong, (Korea) Doosan Drive units for wind turbine generators: MHI, Others Aircraft equipment Boeing, MHI, KHI, IHI, Japanese Ministry of Defense, ANA, Singapore Airlines

7

Main Products: Industrial Equipment

Automatic Doors

Platform Screen Doors

No.1

No.1

Nabtesco Approx. 50% of the domestic

market share for building automatic doors (over 20% of the world market share)

50% Others

Others

Nabtesco 95%

Approx. 95% of the domestic market share (accumulated total)

Packaging Machines No.1 Others Nabtesco 85%

Approx. 85% of the domestic market share for automatic fillers/sealer machines for retort pouch foods

Main Customers Automatic doors Automatic doors for buildings: Major general contractors, sash manufactures, hospitals, banks, public institutions, etc. Platform doors: Subway projects in France, subway projects in China Packaging machines Ajinomoto, Marudai Food, Mitsui Sugar, P&G, Kao, Lion, Mars (France), beverage companies in US, food companies in China

8

Forecast for 2013/3 Consolidated figures 2012/3

2013/3

H1 result

H2 result

FullFull-year result

FullFull-year (previous Forecast )

H1 result

H2 forecast

FullFull-year forecast

97,671 (+23.5%)

100,856 (+11.8%)

198,527 (+17.3%)

185,000 (-6.8%)

90,666 (-7.2%)

89,834 (-10.9%)

180,500 (-9.1%)

12,234 (+29.4%)

10,624 (-1.2%)

22,858 (+13.1%)

17,000 (-25.6%)

7,595 (-37.9%)

6,605 (-37.8%)

14,200 (-37.9%)

Operating profit margin

12.5%

10.5%

11.5%

9.2%

8.4%

7.4%

7.9%

Ordinary profit

13,201 (+27.9%)

11,455 (-4.9%)

24,656 (+10.2%)

19,200 (-22.1%)

8,470 (-35.8%)

7,930 (-30.8%)

16,400 (-33.5%)

8,351 (+41.2%)

6,405 (-14.3%)

14,756 (+10.2%)

14,300 (-3.1%)

6,513 (-22.0%)

5,487 (-14.3%)

12,000 (-18.7%)

17

17

34

36 (forecast)

18

16 (forecast)

34 (forecast)

(JPY million)

Sales year-on-year) (year-

Operating profit (yearyear-onon-year)

year-on-year) (year-

Net profit (yearyear-on-year)

Dividend per share (Yen)

Notes： Full-year forecast for 2013/3 consolidated figures Notes： Full-year forecast for 2013/3 consolidated figures Revised downward the business performance forecast due to reduced profits caused by a drop in sales, particularly in three segments: Revised downward the business performance forecast due to reduced profits caused by a drop in sales, particularly in three segments: the railroad vehicle equipment business, which faces a slow recovery from decreased orders received from Chinese companies; the the railroad vehicle equipment business, which faces a slow recovery from decreased orders received from Chinese companies; the precision equipment business, which has been affected by inventory adjustment executed by some customers; and the hydraulic precision equipment business, which has been affected by inventory adjustment executed by some customers; and the hydraulic equipment business, which is heavily dependent on the Chinese construction machinery market. equipment business, which is heavily dependent on the Chinese construction machinery market.

9

Co nsolidated Annual Sales & Profit by Consolidated Business Segment 250,000

Precision

Transport

Aircraft & Hydraulic

Industrial

Sales (JPY million)

198,527 200,000

150,000

174,254 32,912 48,981

100,000

169,303

158,170 28,026 46,765

126,249 15,278

50,000

35,725

51,390 31,987

0

41,492 27,589

Operating Profit & Net Profit (JPY million) (11.1%)

48,289 48,182

45,000

64,240

46,200

29,575

41,798

48,000

(11.9%)

22,858

59,106

15,000

(7.6%)

12,012 6,060

10,000

11,025

4,554

2,506 4,682 4,425

6,466

(6.3%)

7,964

13,387 5,915

(7.9%)

3,654

4,133

1,804 4,017 1,902

2008/3

2009/3

2010/3

OPM

8,013

14,756 6,068

14,200

OP

5,200

12,000

603

2,614 2,209

0

(11.5%)

20,212

19,429 4,682

5,000

41,300

32,438

30,000

20,000

180,500

41,888 56,634

25,000

44,199

NP

4,100

5,609

6,130

2,220

2,646

1,400 3,500

2011/3

2012/3

2013/3 Forecast

10

Businesses with Good Visibility Mature market

Railroad Vehicles Japanese Market

Marine Vessels

Commercial Vehicles

Stable sales (around +/-5%) Key point: Higher factory operating rate

Will continue to face sluggish sales in the ship building market Business might begin to improve in the latter half of 2015/3 as a result of sales of new products that comply with NOx regulations and market recovery Key point: Cost reduction

Demand for trucks will continue to increase in South East Asia markets Important to find new markets (Establishment of a JV in India)

11

Businesses with Good Visibility Stable orders from the Ministry of Defense

Aircraft Equipment

Automatic Doors

Increase in sales to Boeing Expansion of the MRO business mainly for B777

Expansion of the sales network across four world regions Higher profitability due to value chain management in Japan and overseas

There will no longer be any special demand from sugar companies in and after 2014/3

Packaging Machines

The domestic market is mature Key point: Expansion of sales to overseas markets

* (MRO＝Maintenance, Repair and Overhaul) 12

Businesses with Low Visibility Precision Reduction Gears

Railroad Vehicles (Overseas Market)

Hydraulic Equipment (Chinese market)

Driven by capital investment in the automobile industry for the time being Key point: Timing of the receipt of orders for solar thermal power generation-related projects (in Europe, US and Africa)

Driven by investment schedule for the bullet train project in China Higher price competitiveness in the subway project in China Opportunities to enter overseas markets other than the Chinese market

Timing when inventory is reduced to zero for completed excavators and parts Business will recover in and after July 2013 (Best case scenario)

13

Topics Establishment of the New Energy Business Development Division Precision Equipment Segment

Precision Equipment Segment

Solar tracking equipment

New Division Solar tracking equipment

Drive units for wind turbines

Drive units for wind turbines

Receipt of an order for platform screen doors and automatic platform gates from the Hong Kong subway operator MTR Corporation

 Products: Platform screen doors and automatic platform gates  Lines: Sha Tin to Central Link (new line) and Ma On Shan Line (existing line) Amount：HK$415 million

14

Targeted Financial Figures for 2021/3

(JPY billion)

2012/3

2013/3

2021/3







198.5

180

400

Sales Operating profit O.P. margin

22.8

14.2

60

11.5%

7.9%

15.0%

ROA

7.6%

-

11.0%

ROE

15.6%

-

18.0%

Notes： Notes： Target Target 300 300billion billionyen yenininsales salesand andmore morethan than13% 13%ininO.P. O.P.margin marginas asan aninterim interimgoal goalinin2017/3. 2017/3. Risk Riskfactors： factors： Change Changeinincompetitive competitiveclimate climatewith withthe theappearance appearanceofofthird-party third-partysuppliers suppliersininemerging emergingcountries countries 15

Investment Strategy Technology

M&A

a. Creation of additional value through mechatronics products b. In relation to nursing care and medical treatment

Market

Target Target

Expansion of sales channels in the automatic door business

Production Capacity i.e. surface treatment

Areas Areasnot not addressed addressedso sofar far

CAPEX Automation

Target Target

Promotion of Production in Overseas Markets

Black Box 16