0 50,000 100,000 150,000 200,000 (Millions of yen) 04 05 06 07 08 0 2,000 4,000 8,000 6,000 10,000 (Millions of yen) 04 05 06 07 08 0 2,000 4,000 8,000 6,000 10,000 (Millions of yen) 04 05 06 07 08 0 50,000 100,000 150,000 200,000 (Millions of yen) 04 05 06 07 08 Total assets Net worth 0 20 40 60 (%) 04 05 06 07 08 0 5,000 10,000 15,000 20,000 (Millions of yen) 04 05 06 07 08 0 3,000 6,000 12,000 9,000 15,000 (Millions of yen) 04 05 06 07 08 0 2 4 8 6 10 (Yen) 04 05 06 07 08 Toagosei Co., Ltd. 1 Net sales Capital expenditure R&D expenditures Total assets and net worth Net worth ratio Operating income Net income Cash dividends Contents The catch phrase on the cover, “Accelerating Growth” expresses the core concept behind our medium-term management plan for fiscal 2008 . 2010. It was printed using ink made from our popular UV-curable acrylic product Aronix. 2 Message from the President 4 Toagosei’s Business Domains 6 Commodity Chemicals 8 Acrylic Products 10 Specialty Chemicals 10 Functional Materials 13 New Materials Development 14 Plastics 16 Research & Development 18 Corporate Social Responsibility 20 Board of Directors and Corporate Auditors 21 Financial Section 41 Corporate Data