Ushio Inc. · TSE:6925

Ushio — Q3 FY2009 Earnings Presentation

12 slides from Ushio's earnings presentation, Jan 30, 2009

1. Slide 1: Lighting-Edge Technologies

   Lighting—€dge Technologies

2. Slide 2: Third quarter results summary

   (8F) ams (OA~12A) | | e1~wmM 4A~12A)| | WM GA~3A) | 2008473 Fi #4 2009453 2009: 2008 2009 3AM | sarees eam SAM | os aneeramatt SAM oane St ATMA LE ('07.10~12) M@u: mab) ('07.4~12) P@u:® GaP) ('07.4~'08.3) [@u- Sati) km 367 1,110 MEEEN COE 1,481 MIRAE 58 TN 100 aso. 1259 497.7% eA = 72 203 iE 233 EE)

3. Slide 3: Multi-year sales and profit trends

   Le BRA it (ara) (iF) o—e ERARE 2,000 -- 250 - 40 2004/3 2005/3 2006/3 2007/3 2008/3 poo 2004/3 2005/3 2006/3 2007/3 2008/3 ert ) USHID tighting—edge Technologies

4. Slide 4: FY2009 quarterly results and forecast

   20094F3 Fi #4 (4) 1Q 2Q 4Q ($78) icLe 334 346 340 BA at 39 41 24 2 Fl ak 60 38 17 24 HAF at 39 16 16 CLS 11.8% 11.9% 7.2% 7.2% Thee SARS 18.1% 11.0% 4.8% 5.2% TLS MARS 11.9% 4.9% A3.1% 5.0% USHID tighting—eage technologies

5. Slide 5: Quarterly sales and operating margin trends

   cL BRA it o—e BRARZ (8F) (18F) 100 15.4% 15.9% 13.5% 9.395 11.8% 11.9% 3673/0 : 7.2% 7.2% 2008 2008 #2009 2009 2009 2008 2008 2009 2008 2008 2009 2009 10 2Q =63Q 4Q 10 20 3Q 40 a (2007.9) (2008.3) (2008.9) (2009.3) USHIO Lighting—Edge Technologies

6. Slide 6: Balance sheet comparison

   ,, £36 it £69 BRM + FE esecccce i eovcce 4A ak Creeerrrrrer irr he EN SE coceeeed 4... ZO HTH 0 OO os eC ELE REE « BRE ONO R | 2008/3 2008/12 BIA (7 A) 2008/3 2008/12 Le 3.2 3.2 EBHRE 2.4 2.9

7. Slide 7: Assets and equity ratio

   (18 FA) 2,166 alae 1,917 A248 connne A HAG + BBS eocce BPR oveee EOhmKHAaw oe HraR scot secs MAE @ BCRALE 2008/3 2008/12 74.3% 76.1% 2008/3 2008/12 USHID tighting—eage technologies

8. Slide 8: Quarterly trends

   ee HES: cocccee <BR - tO vevre RBS iE th 13) Ocoee BRR BEE 161 oe PRE 189 178 176 eccee BIT 38 @ooes ADFY 2008/1Q 2008/2Q 2008/3Q 2008/4Q 2009/1Q 2009/2Q 2009/3Q (2007.9) (2008.3) (2008.9) USHID tighting—eage technologies

9. Slide 9: Results by segment

   AA wet (aK) CP SF) (BR) BAR Be Cat) (CF YT) (BRM) MS 2007/4~12 MMM 2008 /4~12 MS 2007/4~12 mum 2008/4~12 USHID tighting—eage technologies

10. Slide 10: Segment breakdown

    2008/4~12 2007/4~12 WERRRe 251 WARRRm 279 WERLRe PARRA 277 265 USHID tighting—eage technologies

11. Slide 11: Multi-year financial trends

    BER MANS TAMER (18 FA) (ara) me Bae ea ek 80-- 60+ 60 or 20+ 2005/3 2006/3 2007/3 2008/3 2009/3 0 2005/3 2006/3 2007/3 2008/3 2009/3 (FE) (F#) KARAO200F3IASMRCINOSELT. BMPESAH. LMRMSENMMCGOTHYET. USHID tighting—eage technologies

12. Slide 12: Lighting-Edge Technologies

    Lighting —€dge Technologies

Ushio — Q3 FY2009 Earnings Presentation on 6ix