annual report 2003 http www softbank co jp the no 1 name in broadband contents 2 to our shareholders 4 reason why is market 12 directors and corporate auditors 13 financial section 56 directory 57 shareholder information 02 dawn of ubiquitous age group a dedicated developing related businesses all activities are guided by management philosophy endeavoring benefit society economy fostering sharing wisdom knowledge gained through it revolution we convinced that will accelerate pace 21st century translating this belief into action building networks introducing innovative services create entirely new markets contributing increasing enterprise value there three principal electronic technologies fundamental part affluent lives first telephone which was invented 1876 second television where broadcasts began 1941 third microprocessor appeared 1970s believe encompasses driven certain