To Investors

　We would like to express our deepest sympathies to the victims of the Great East Japan Earthquake, which occurred on March 11th, 2011.
　When products are connected, both new power and new value are generated. Seal engineering is a technology for connecting products and preventing leaks that maximizes this effect. We at NIPPON VALQUA INDUSTRIES, LTD. have been winning the firm trust of customers and helping to enrich people’s lives and develop industries as a pioneer in seal engineering. Based on our sealing technology that has been highly evaluated over the world for many years, we have started to work on creating “something new” to meet the additional needs and wants of customers.
　Today, we in Japan have started down the long road to recovery and restoration following the destruction caused by the Great East Japan Earthquake. In addition to doing whatever we can to assist in the recovery of the regions devastated by the earthquake, at the VALQUA Group we believe that to meet stakeholder’s expectations it is precisely in a time like this that we consolidate a foundation for sustainable growth. Under such circumstances, now is the time for the entire Group to strive as one for strong growth based on our corporate philosophy - THE VALQUA WAY.
　With pride in and responsibility for being both a life supporter and industrial partner, we aim to be one of the world’s best companies. At VALQUA, we will continue to take great steps forward in order to meet the expectations of our stakeholders.

The slogan for New VALQUA Stage Five (NV-S5), our fifth medium-term management plan, is “Achieving management that anticipates changes in the times through THE VALQUA WAY.”

The three objectives of NV-S5 are:  
1)Enhancing our management framework through comprehensive streamlining and improved efficiency;
2)Strengthening our core businesses and core technologies through “selection and concentration,” and restructuring our foundation to achieve new growth; and
3)Raising our CSR management and human resources development to new levels.

I would like to take this opportunity to thank all stakeholders for their understanding and support of our Group management policy and to ask for their continued guidance and encouragement of VALQUA.