mitsubishi rayon creating opportunities for growth by leveraging unique specialties 2005 annual report since its establishment in 1933 as a manufacturer of staple co ltd has grown beyond the narrow boundaries mere maker synthetic fiber to become leading monomers and polymers based on mma methyl methacrylate an acrylonitrile business complexes through constant moni toring adaptation changing user needs we have expanded our sphere into such areas resins carbon fibers composite materials plastic optical high performance hollow membranes under current medium term three year management plan which commenced april aim transform group specialty corporate achieving sustainable excellent profits 1 financial highlights 2 message from president 7 board directors auditors executive officers 8 strategies action 10 mrc at glance 12 breakdown segment chemicals plastics 13 14 products engineering others 15 research & development 16 environment safety 17 nine summary 18 review 20 consolidated balance sheets 22 statements