Greetings

Dear Shareholders,

We offer our deepest condolences on those who perished in the Great East Japan Earthquake and our sympathy for those who are suffering from the disaster. We pray for the earliest possible recovery in the disaster area.

I would like to express my thanks for your ongoing support of our business.

In presenting you with the business results for the first half of our 66th fiscal year (April 1, 2011 – September 30, 2011), I would like to offer a brief word of explanation.

The economy in Japan during the consolidated cumulative second quarter showed recovery of production activities plunged by the influence of the Great East Japan Earthquake, along with prompt restoration of supply chains. However, while stagnant economic recovery in the US and debt crisis in Europe were hovering, yen rose and started to compress profits of exporting companies, resulting in the slowdown of the economic recovery.

Our group in this business environment was committed to sales activities focused on mobile phone and amusement related products including smart phones. Consolidated net sales amount reached JPY58.259 billion, 7.4% up from the same term last year. The operating profit was JPY2,197 million (1.3% up from the same term last year), current profit JPY2,080 million (10.0% up from the same term last year), and quarterly net profit JPY1,224 million (0.8% down from the same term last year).

Based on this profit status and prospected business performance for the whole financial year, we have decided to proceed with an interim dividend payment of JPY15 per share as informed you earlier.

Although the harsh business environment is expected to continue ahead, we will continue to fully engage with our customers, take on new challenges, and provide innovative values to achieve the goals for the full year.

Please be informed that our company entered into an agreement for capital and business alliance with Toyota Tsusho Corporation (Toyota Tsusho) on August 1, 2011.

Once Toyota Tsusho proposes a takeover bid for our company to the maximum extent of 51% of ownership through offers from shareholders in accordance with this partnership agreement, our company will become an affiliate of Toyota Tsusho. Please rest assured that our company will continue to maintain independence of management as a listed company even after the takeover.

This partnership is expected to produce high synergy with Toyota Tsusho group in the expansion of sales in the automobile, amusement and semi-conductor areas which we emphasize in our growth strategy. Both companies are in a strong supplementary relationship in terms of products handled and sales channels, and will exchange technologies and resources to leverage mutual strengths, enabling both companies to provide business partners with broader range of services.

We are confident that this partnership will contribute to enhanced corporate value and further growth.

We would appreciate your continued understanding and support.

Sincerely yours,

Satoshi Sakurai, Chairman of the Board