1 slide1 medium term management plan august 7 2003 japan tobacco inc global growth company addressing mid to long changes in business environment jt v slide 2 forward looking and cautionary statements this presentation contains about our industry plans objectives financial condition results of operations that are based on current expectations assumptions estimates projections these discuss future identify strategies market trends contain or state other information subject various known unknown risks uncertainties factors could cause actual differ materially from those suggested by any statement we assume no duty obligation update advise change the which they expressed include without limitation health concerns relating use products legal regulatory developments including tax increases restrictions