Top Management Message

Koji Nakao Chairman & Representative Director		Yutaro Shintaku President & Representative Director

Let us first express our gratitude for your continued patronage and support of Terumo Corporation.

In the past six months, future economic prospects have become decidedly murkier, due to financial instability caused by the financial crisis in Europe and also the slowdown in economic growth in emerging countries. Even under these economic conditions, we have seen new opportunities for growth in the healthcare market where we can take advantage of our strengths, such as the improvement in medical standards in emerging countries and increasing needs for medical cost efficiency in developed countries.

We have launched our new three-year mid-term plan, “GP1: Change and Growth 2013” this year. We are targeting sustainable double-digit growth by implementing strategies including the promotion of integration with CaridianBCT, which we acquired in April 2011, and maximum utilization of the strengths of the two companies.

We appreciate once again for your continuous support.

December 2011