printed in japan annual report 2001 for the year ended march 31 profile financial highlights 1 interview with ceo 2 toto improving lifestyles by focusing on comfortable bathrooms and environment 7 review of operations 18 section 20 progress through years 37 board directors 38 international network 39 corporate data 40 ltd established 1917 has built a reputation reliability as s largest manufacturer plumbing related equipment company product lineup ranges from sanitary ware faucets washbasins to unit water heaters modular kitchens recent we have diversified into advanced ceramics other business fields addition expanding our overseas presence particularly china united states forward looking statements this contains including information about plans earnings forecasts strategies such reflect management estimates assumptions based available at time writing accuracy is inherently uncertain because it affected future macroeconomic trends developments consumption competitive challenges contents consolidated subsidiaries 2000
