I would like to express my thanks for your loyal patronage. My name is Hirokazu Kamiseki and I became a president and chief executive officer as the successor to the former president, Minamikawa. I will do my utmost to live up to your expectations to the best of one's poor ability, so please extend to me the same courtesy you have to the predecessor.

We have grown as a manufacturer of a comprehensive line of gears, gearmotors, and other equipment for transmitting mechanical power by crafting innovative, high-performance, compact products that inspire the trust of customers. Confidence in the quality of our products informs our slogan, an invitation to customers to "Make your choice with your ease of use."

However, the business environment feels the impact of a worldwide financial crisis , and we regard difficult circumstances surrounding our business environment as continuance. Concerning my appointment as the president and CEO, in order to overcome the current difficulties, it’s my sincere desire to achieve a favorable balance between offence and defense by sharing a sense of crisis and producing open cooperate culture. More specifically, I will implement the following policies.

1. Improvement of productivity and thorough cost reduction with the aim of improvement of profitability.
2. As for gearmotors, strengthening of order receipt for custom-made products by taking our advantages as well as expansion and aggressive sales of reducer for servo motor 「GTR-AR」.
3. As for gears, launch the development of the new processing technology.

Going forward, I look forward to your support as we continue to marshal every organizational resource to meet the expectations and earn the trust of customers, shareholders, and other stakeholders.