These include products made primarily of synthetic resins, raw materials supply. In this period, we have co-financed the new business ventures of Mitsubishi Gas Chemical Company, Inc. We have also invested ten companies within the group, including production and transportation companies.

With regard to our commercial trading in this 21 era, the trend for chemical companies to specialize in functional product fields will continue to grow. Manufacturing will also become increasingly borderless and the area of Japanese economic activity will broaden in Asia. In an effort to meet these trends, we have established Shanghai Ryoyo Trading Co., Ltd. In March, 2004. While maintaining product areas we have heretofore developed, we will strive evermore to become a trading company with services truly useful to our customers.

Moreover, with regard to our insurance business, our service has been updated and has become more flexible by the liberalization coming about through the Big Bang policies put into effect in the year 2001. We are making every effort to line-up products which offer the greatest protection at the lowest cost. Thus, we will focus on becoming the top customer-oriented service provider in the insurance sector.

We are committed to further enhance the well being and prosperity of our customers, by providing ever better service. We look forward to your continuous support.