We Build Hearts - p7 

Message from the CEO
Toward a Brighter Future for Japanese Society
- Our Commitment to "Endless Heart" -
Chairman and CEO Takeo Higuchi

Message from the COO
"Challenge 2005" Medium-Term Management Plan
- Creating Lasting Bonds, with "Endless Management"
as Our Core Strategy
President and COO Kenji Murakami

Message from the CFO
Executive Vice President and CFO Tetsuji Ogawa