Since TAIYO YUDEN’s inception in 1950, we have achieved growth by undertaking the research, development, manufacture and sales of various types of electronic components. Our product lineup includes capacitors, as well as inductors, communication devices, circuit modules and energy devices. The source of our strength comes from the undertaking of development starting from material development in product commercialization. This approach enables us to continually provide products that respond closely to customer needs in the markets we serve. We offer products used in such electronic devices as smartphones and wearable and AV devices. We also offer products in a wide range of fields such as automobile, industrial equipment, healthcare and environmental and energy sectors, where the application of IT and electronics is accelerating. In keeping with our management philosophy of “employee well-being,” “betterment of local communities” and “responsibility to provide returns to shareholders,” I feel strongly that TAIYO YUDEN will continue to build relationships enabling mutual development with all stakeholders, beginning with business partners and shareholders. TAIYO YUDEN aims to leverage our state-of-the-art technology and development. We will continue to propose capabilities cultivated since our establishment to further contribute to society and achieve growth as we make our utmost efforts in undertaking business activities. In closing, I ask everyone for your continued support.