Message from the CEO

The worldwide energy market is currently entering into a rather turbulent period. Crude oil prices are at high levels that we have never experienced before, and worldwide demand for natural resources are significantly increasing by rapid economic growth and motorization in developing countries led by the BRICs.

Taking advantage of our experience and expertise in Asian markets centered on Japan from the very early stage of LNG trade, we are aggressively expanding our LNG business portfolio. Specifically, we are working to establish the next LNG trade which can be explained as a dynamic trade over multiple markets. This involves securing LNG from Southeast Asia, Oceania, the Middle East and North Africa, and delivering the LNG to Asian, European and American markets.

Our core competence is the marketing and coordination activities in relation with Japanese utility companies which is where our LNG business all started. Moreover, establishing an LNG chain in European and U.S. markets that are similar to that of Japan is a different approach from major oil companies, and is also a unique approach that only a few companies can carry out. As a Japanese trading house, it is our challenge and task to create higher values for the entire LNG chain by investing in European and U.S. LNG markets to link the various markets together.

We are confident in materializing the LNG NEXTrade and in raising our corporate values to a new level by applying our core competence to new business opportunities.

Ken-ichi YONEZAWA, President and CEO

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