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              [html]<thead><tr><td>First, J would like to extend our deepest sympathies and hearfeit. condolences to all those who have suffered and</td><td>to the families and friends of those who tragically lost their fives in the devustating eartiquale and tounami</td></tr></thead><tbody><tr><td>that structionthesitern Japan on March 11.2011. We proy for the. early recovery of the affected people and areas.</td><td>SMRG is dedicated to seamlessly responding to clients ’ needs by leveraging our group - wide capabilities,</td></tr><tr><td>offering optimal products and services, and ensuring that every. employee and the overall group are capable of</td><td>responding to the challenges of globalization. I believe that through these measures,</td></tr><tr><td>we will contribute to the growth and development of our clients and society, and ourselves grow in partnership with then.</td><td>Through our basic policy of becoming “ a globally competitive financial services group</td></tr><tr><td>will the highest treat of our clients, society and other stakeholders. 2 by maximizing our core strengths of</td><td>(“ Spirt of Imovation,”“ Speed ” and “ Solution & Execution,” we : will continue to stay abead of the times,</td></tr><tr><td>no matter how challenging, and actively adapt to changes in our business environment.</td><td></td></tr><tr><td>Cash and cash equivalents</td><td></td></tr><tr><td></td><td></td></tr><tr><td></td><td></td></tr><tr><td></td><td></td></tr><tr><td></td><td></td></tr><tr><td></td></tr><tr></tr><tr></tr><tr></tr><tr></tr></tbody>
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