Toagosei Co., Ltd. 1 0 50,000 100,000 150,000 200,000 (Millions of yen) 05 06 07 08 09 151443 155804 162729 162615 140033 0 4,000 2,000 6,000 8,000 10,000 (Millions of yen) 05 06 07 08 09 7071 9241 6949 6689 5971 0 4,000 2,000 6,000 8,000 10,000 (Millions of yen) 05 06 07 08 09 5275 5010 4794 4753 4472 0 50,000 100,000 150,000 200,000 (Millions of yen) Total assets Net worth 05 06 07 08 09 186521 99501 195607 103870 182681 105339 172464 99271 161609 99449 0 20 40 80 60 (%) 05 06 07 08 09 53.3 53.1 57.7 57.6 61.5 0 5,000 10,000 15,000 20,000 (Millions of yen) 05 06 07 08 09 15236 12950 12719 11668 11158 0 6,000 3,000 9,000 12,000 15,000 (Millions of yen) 05 06 07 08 09 12131 6961 6403 1895 3541 7.5 7.5 8 8 6 0 4 2 6 8 10 (Yen) 05 06 07 08 09 Net sales Capital expenditures 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 Commodity Chemicals 6 Acrylic Products 8 Specialty Chemicals 8 Functional Materials 10 New Materials Development 12 Plastics 14 Research & Development 16 Corporate Social Responsibility 18 Board of Directors and Corporate Auditors 19 Financial Section 39 Corporate Data