Message from the President

To Our Shareholders and Investors

I am Hiroki Takenaka,and succeeded my predecessor,Yoshifumi Iwata, as president and CEO in April 2007.

On the basis of our consolidated mid-term management plan, the Renewal IBIDEN 95 Plan, the IBIDEN Group has adhered to a policy of quality-centered product-making and of strengthening global competitiveness,devoting every effort to enhancing corporate value and augmenting our operating base to enable sustained growth.

Amid these conditions,we have established our new corporate philosophy,IBIDEN WAY,as well as a new six-year consolidated mid-term management plan,the Global IBI-TECHNO 100 Plan.

We will spare no effort to maintain and strengthen the operating base that we have made ever more substantial,and work to become a corporate group capable of sustained growth.

June, 2007
President & CEO
Hiroki Takenaka