Since April of 2003, our Three-Year Structural Reform Plan has progressed well, thanks to all the kind support we have received, and we were able to achieve most of the targets set for the term ending March, 2006. I, along with all the executives and the employees, would like to say by way of appreciation that this great achievement was only possible because of the strong support and assistance of our customers, huge assistance from the shareholders and financial institutions, and the support from our business partners and cooperating companies that we received during hard times.
The achievement of our plan brought an end to the 10-year reconstruction phase of our company, and now we are entering a new stage.

Since last year, there have been incidents that may have shaken to their foundations the trust in Japanese “craftsmanship” and “construction technologies”. As one of the people in the construction industry and an engineer, it pains me to see those incidents.
Japan rose again from the ruins in 60 years by its own efforts. Japan won the unshakable trust in its technology from the world. I wonder if Japan recently might have lost its way, confused by its economic success.
I think it is important for Japan to listen to the alarm bells and be true to its origins of “craftsmanship”.

The things, we at Kumagai Gumi build have long lives as products. They will be evaluated in 50, 100 years. The true evaluation awaits the employees who dealt with the construction long after they retire.
Therefore, nothing is more important for us Kumagai Gumi than to have passion and persistence for “craftsmanship” and to do sound and honest work.
We should never forget that we are given contracts not because we have succeeded in our own efforts only but because of the many people who have created the long history of Kumagai Gumi and who have supported us and created this heritage.

We will never forget the debt of gratitude we owe to those who have supported us. We will treasure their trust more than anything, and we will pursue the honesty of craftsmanship.
We are going to make even greater efforts to exceed their expectations. We would appreciate any further guidance, direction, and kindness.