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LEAD

Sound and Video Solution Proposals for World Markets

Throughout FY2012, TOA has been reinforcing its organizational structures in ways that will allow us to better pursue regional business in international markets. The main thrust of these efforts involves giving our various operational bases the autonomy to take products from the planning and development stages all the way through to manufacturing and sales. Our 6-year medium-term management plan (FY2009-FY2014) includes a vision of "an alliance of five companies each closely tied to its regions," and achieving that vision means steadily increasing our ability to bring to market region-specific products that are well matched to regional needs. Domestically in Japan, too, along with our corporate philosophy of "sound, not equipment," we're advancing our capacities for offering sound and video solutions.

I'm happy to report our performance is generally trending favorably, buoyed by strong domestic sales. We've been developing sound technologies since our founding in 1934, and moving forward we intend to continue building on these to develop new products that address a variety of needs and problems, and that bring out the hidden demands latent in world markets.