NISSUI has launched a new mid-term management plan (the new TGL plan) with the target year of 2011, which marks the 100th anniversary of the company's founding. We have also defined our mission as "contributing to a healthier and richer life for the people of the world by creating diverse values from marine resources and delivering them to customers."

The new TGL plan is intended to upgrade and advance the fields of business of the NISSUI Group in order to form a foundation for business in the new century. While utilizing the achievements of the previous TGL plan as a base, we will continue our efforts toward realizing True Global Links and becoming a True Global Leader. In the six years until 2011, both resources and technology will rapidly increase in value. The new plan will concentrate our management resources on "research and development (R&D)" and "capacities as a manufacturer," which will allow us to create higher values and establish a "new business model that links natural power, scientific power, and life values." In the first three years, we worked to reinforce our management and business structures. During the next three-year period, we will strive to capitalize on the outcome of our efforts.

As a business deriving great benefits from resources in the natural environment, NISSUI believes that its responsibility lies in making the most of these benefits for the people of the world and passing on these benefits to future generations. NISSUI has a traditional code of conduct, which has been kept alive in its genes: "to behave with integrity as a company and an individual." By further improving the transparency of our management and attaining the objectives of the new TGL plan, we will strive to meet the expectations of our customers and all stakeholders of the company. Your continued understanding and support will be greatly appreciated.

March 2010
Naoya Kakizoe
President & CEO,
Nippon Suisan Kaisha, Ltd.