2009AnnualReport_press

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Financial highlights…2To our shareholders…4Divisional review…6Financial review…14Five-year summary…16Consolidated subsidiaries…17Consolidated balance sheets…18Consolidated statements of income…20Consolidated statements of changes in net assets…21Consolidated statements of cash flows…22Notes to consolidated financial statements…23Report of Independent Auditors…29Directors and corporate auditors…30Corporate data…31Profile of the Hamamatsu family and sales representatives…32Table of contents

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