In 1931, we at the Taishin Company, Ltd. opened our doors, beginning our long history. The pursuit of solid business foundations based on the healthy trust between Taishin and its clients has been our corporate motto since Mr. Wan-Chu Huang founded the company in Kobe almost 80 years ago. Since then, our diversified businesses have expanded their operations network. As a result, we have increased our international presence through P.R. China and numerous countries worldwide. Historically, the growth of Taishin has been derived from our continual efforts to nurture trust between the people with whom we conduct business. Indeed, such trust is the origin of our company name "Taishin." In all arenas, including the business world, there are cyclical changes. But whatever the situation, we continue to strive for the best, bearing in mind the true meaning of our company name, "Taishin."