�@In the current automobile industry in Japan, integration of manufacturing bases and international and domestic business alliances are going on because of such factors as reduced domestic production caused by increased production in overseas operations and an increase in the number of imported vehicles. When we take a look at the domestic market, customers' needs are becoming more and more diversified as indicated by facts such as the higher share of RV's in the market. To cope with this trend, all automobile manufacturers in Japan are successively putting more attractive and more cost competitive new models into the market, resulting in excessively fierce competition. �@In such a hard environment, Nissan Shatai has been making efforts to provide, in a timely manner, excellent products which will never fail to meet customers' expectations. To attain this goal, we have fully utilized our special capability of multi-model medium/small-volume production by virtue of rapid development through the use of 3-D CAD system and our world's top level flexible body assembly lines. At the same time, we are continuously strengthening our consistent vehicle manufacturing capability which encompasses everything from product planning to R & D, production and quality assurance as a "manufacturer specialized in RV's and CV's". As a result of this, Nissan Shatai is now providing to our users RV's such as ELGRAND, Prairie Liberty, and Wingroad, CV's such as Caravan and AD Van, microbus CIVILIAN, and so on. This means that 12 models or approximately one third of Nissan's total models are being manufactured in Nissan Shatai. �@We are determined to keep devoting ourselves to manufacture of safer and more environment-friendly products of much higher quality so as to be able to provide NISSAN vehicles which will be appreciated and relied upon by people all over the world. So, I would like to solicit your continued advice and support.