Toshiba Memory Corporation successfully completed its separation from Toshiba Corporation and started independent operation on April 1, 2017. And, in order to our further growth, we launch corporate activity under our new shareholders as an independent company on June 1, 2018. We are dedicated to the development, manufacture and sales of memory and SSD. In a demanding and constantly changing business environment we aim to achieve more flexible and responsive management.

The primary driving force of our business is demand for NAND Flash memory for smartphones and other mobile digital products, and for SSD, that essential solution for enterprise systems and data centers that sustain our networked society. I have no doubt that the need for flash memory will increase, mirroring the intensifying rate of information creation and the quickening progress of IoT.

Our roots are in innovation, starting with the invention of the NAND Flash memory itself, and continuing through many generations of leading-edge devices. The latest results of our creative skills are BiCS FLASHâ?¢, our high density, high performance 3D flash memory that enrich people's lives and expand society's horizons. Looking to the future, we will continue to execute timely investments and ramp-up production to meet growing demand for storage.