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Issues to be addressed during FY2013, the final year of the Group’s current medium-term management plan Under our current medium-term management plan, dubbed ALL TOA 2013, we have set out three growth strategies: “expanding earnings from core products,” “accelerating growth in scale of high value-added products,” and “creating new products and new businesses.” Fiscal 2013, which is the final year under this plan, will be a crucial period for the steady implementation of these three growth strategies so as to pave the way to the next stage. In January 2013, our two subsidiaries Tsurumi Soda Co., Ltd. and Nihon Junyaku Co., Ltd., which have hitherto manufactured unique products in the Commodity Chemicals and Acrylic Products segments, respectively, were absorbed by Toagosei. Operations got off to a new start at their respective former plants in Yokohama and Hirono, under direct management by Toagosei. Not only is this change expected to help us realize faster and more efficient management of the Group, it has also strengthened our cost-competitiveness and created an organizational structure that maximizes synergy in the field of product development. The descriptions of our growth strategies provided on page 8 include clear explanations of the targets we aim to achieve. We at the Toagosei Group will continue working as one to achieve our goals and raise the Group’s enterprise value. Front view of Toagosei’s Hirono Plant (former Nihon Junyaku Plant) . Manufactures powdered acrylic polymer products, and develops new acrylic product variations . Has developed a market for unique products such as viscosity control agents in the field of toiletry products Aerial view of Toagosei’s Yokohama Plant (former Tsurumi Soda Plant) like cosmetic creams and toothpaste . Manufactures caustic soda and sodium hypochlorite, as well as products essential for the lifeline infrastructure of the Greater Tokyo area . Develops unique products employing proprietary technologies for the manufacture of high-purity chloralkali products such as high-purity liquefied hydrogen chloride Toagosei Co., Ltd. 7