Shinichiro Satani
President

Honda Tsushin Kogyo Co., Ltd.

In 2012 we will celebrate our 80th anniversary. The continuation of our business over this long 80 years is a direct result of the warm custom of our valued customers and the support afforded to us by our business partners.

In 2010, we implemented our mid-term corporate plan, (‘Plan 80’) designed to drive us forward up until the fiscal year 2012. It is our ultimate aim to establish Honda Tsushin Kogyo as a leading connector manufacturer with a strong lineup of products in specialized fields, in other words, to establish Honda Tsushin Kogyo as the industry standard while refining our technologies and drawing on our partnership with Panasonic Electric Works in order to accelerate corporate growth.

More specifically, based on our 4S strategy of focusing management resources on strategic areas to attack potential markets in order to deliver new products with a speed that will exceed the expectations of our customers, it is our hope to revolutionize our business portfolio with the development of new products in the area of new energy and car electronics and digital AV products in addition to our specialist fields of telecommunications and industrial equipment. In terms of sales, we will be looking at opening potential markets including those in developing countries. At the same time, our production strategies will continue to pursue high-mix, low-volume production domestically while expanding integrated production overseas in order to establish a global supply framework.

Although the future may bring drastic changes to our business environment, we will continue to implement structural reforms in order to continue to provide our products and services and we look forward to your continued custom and support.