To our shareholders and investors,
Welcome to UT Holdings’ website.
I would like to thank you for your support to and understanding of the company.

Let me first tell you about our latest business results. In fiscal 2011, Japan’s economy recovered gradually, thanks to a growth in exports associated with favorable economic growth in Asia and the government’s economic stimulus measures. However, the Great East Japan Earthquake that occurred on March 11, 2011 and the appreciation of the yen abruptly interrupted exports and production which had been the driving forces of the economic recovery. The Japanese economic outlook then became surrounded by numerous uncertainties once again.

In this environment, the UT Group focused on increasing share in services for existing clients and gaining new clients, given manufacturers’ outsourcing service needs triggered by the move to revise the Dispatched Worker Law, and thanks to our aggressive marketing activities to four growth areas (solar batteries, secondary batteries, LEDs, and displays) leveraged on our outsourcing track record in the semiconductor area.

We also put together the new five-year business plan with its vision being to “grow from No. 1 semiconductor outsourcing service provider to become Japan's No. 1^* outsourcing provider in quality and volume.” We are also aware of our social responsibilities: to create good job opportunities in local communities; to create career advancement opportunities to workers in outsourcing and subcontracting services; and to provide a cross-sector manufacturing employment coordinating function. We will strive hard to achieve our goals of 75 billion yen in net sales and 9 billion yen in operating profit for fiscal year ending March 2016. Our aim is to grow from the present “100 plants X 50 workers/plant = 5,000 workforce” to achieve a target of “300 plants X 70 workers/plant = 20,000 workers.”

Lastly, let me touch on our IR Policy. We have formulated and announced our IR Policy so as to fulfill our accountability as a public listed company, to constantly communicate a clear corporate message, and to become a company to be trusted by our shareholders and investors.

One of our important goals is to have an appropriate share price that is in line with our medium-term business plan. We aim to achieve this in the process of steadily realizing the medium-term plan, increasing the number of mid- to long-term stakeholders, and striving to enhancing shareholder satisfaction.

UT Holdings as well as the UT Group have begun to move forward ... vigorously. We will do our best to meet your expectations.

*No. 1 in manufacturing outsourcing to the semiconductor-related industries is in terms of the number of outsourced and dispatched workers (based on internal estimates from disclosed data of various companies.)