financial highlights 01 to our shareholders 02 topics 2004 in shibaura 05 review 08 five year summary 11 as the corporation which is relied by society 12 environmental activities 14 board of directors 15 investor information 16 contents mechatronics started operations 1939 successor engineering works co ltd famous one japan s largest manufacturers heavy electrical equipment building on this heritage company made major contributions infrastructure that supported industrial development supplying electric power particularly motors 1998 repositioned itself and established a new corporate identity provider for digital age since then dramatic innovations business structure have us essential manufacturing electronic components support social progress 21st century it environment fulfill demands determined become e truly based enterprise an places priority earth other words & we will supply products services suited