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A Message from the Management

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To Our Shareholders and Investors


Aiming to Become a Sound and Dynamic Corporation

Guided by its corporate philosophy, "Create a sound and dynamic corporation through technology, trust and challenge," the Ryobi Group seeks to establish itself as an indispensable existence by responding to the needs of customers and society, through innovative, top-quality products and services. Aiming to be a company that continuously grows and develops by maintaining an optimal mix of die castings and finished products, Ryobi makes every effort to reinforce market competitiveness and improve its earnings power.

Adhering to its corporate philosophy, the Ryobi Group has vigorously promoted CSR activities in such areas as environmental protection and social contribution as well as legal and ethical compliance. Ryobi will give added impetus to dovetailing CSR initiatives with its corporate strategies, thereby realizing potent, CSR-oriented corporate management.

Ryobi follows its basic policy of consistently distributing stable, performance-based cash dividends to its shareholders through the enhancement of its earnings power and corporate structure. It was with great reluctance that no interim and year-end cash dividends were paid for the fiscal year ended March 31, 2010 due to a significant deterioration in performance. For the fiscal year ending March 31, 2011, we plan to pay out a full-year cash dividend of ¥6 per share in the form of a year-end cash dividend, based on the Company's forecast of achieving year-on-year performance improvements and, consequently, returning to profitability.

As Ryobi continues to expand and intensity its efforts to be a sound and dynamic corporation, we humbly ask for your continued understanding and support.

June 2010



 Hiroshi Urakami
 Chairman and CEO

 Susumu Yoshikawa
 President and COO