Jan. 5, 2011

Last year, we welcomed Tri Ocean Engineering Ltd. from Canada into TOYO. I am very happy to be able to greet the new year with employees in 16 countries and territories around the world.

This is the sixth year since we began working toward realizing Global Toyo as specified in the previous medium-term management plan. I would like to focus on three points to achieve sustainable growth and become a truly global company.

  To secure this year’s targeted orders or more in the 2011 fiscal year, and to put our business performance on a recovery path
  To enhance the business performance of each Global Toyo company and further strengthen TOYO’s reputation
  To develop TOYO’s structure to help us better cope with changes by globally and optimally integrating and combining management resources

We are required to evolve and adapt in response to the environmental changes that are creating both opportunities and risks while we innovate our business model by leveraging the ongoing drastic sift in the global economy. In our 50th anniversary year, let us begin the new year by reconfirming our resolutions and striving to bring new life to an ever-evolving and a soaring TOYO.

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