the 27th term business report from july 1 2001 to june 30 2002 greetings our shareholders i would first like thank you for your special support o data am pleased have this opportunity offer my and a few words here we will outline of sales truly appreciate continued look forward receiving guidance encouragement akio hosono president september during current japanese economy slowed down at an increased pace while us regressed time in ten years partly due 11 incident which worsened world even further japan long economic stagnation together with it slump caused serious deflationary depression where same that prices decline domestic manufacturing sector private capital investment greatly decreased because less demand production issue non performing loans financial is still unresolved poor performance companies
