For more than a century and a half, Kajima has built its business by building trustthe strongest foundation for pursuing mutually beneficial relationships with a wide variety of stakeholders. Clients, employees, society, and investors all depend on Kajima, and for many good reasons. Of course, the Company's bedrock commitment to safety, quality, ethics, and the environment are important to all of these vital partners. But Kajima also offers unique value in each of its relationships. Clients rely on the Company for its superior technologies and dedication to finding creative solutions for their needs, no matter how sophisticated or complex. Employees thrive in an atmosphere of innovation and success. Society looks to Kajima to continue to improve the quality of human life. Investors appreciate the Company for its resolve to turn challenges into opportunities, as it did in the financial year covered in this annual report. For Kajima, trust is the key to moving ahead.