annual report 2002 for the year ended march 31 kuraray co ltd l v s b z d p w f 1 financial highlights and consolidated subsidiaries contents to our shareholders 2 an interview with management 8 president of poval company 10 eval 12 at a glance 14 review operations 15 chemical products 18 fibers textiles 20 man made leather non woven fabrics fastening materials 22 diversified businesses 24 research development 26 caring environment 28 section 49 companies 50 history 51 directors corporate auditors 52 investor information forward looking statements this contains various which are based on current expectations assumptions future events all figures respect performance projections business plans its group constitute although believes that reasonable actual results trends could differ materially from those expressed or implied by such due risks uncertainties in