LETTER TO SHAREHOLDERS
COMPANY HIGHLIGHTS
1-1 Vision
1-2 Core Competency
1-3 Brand Image
1-4 Date of Incorporation
1-5 Milestones
ORGANIZATION AND CORPORATE
GOVERNANCE
2-1 Organization
2-2 Board of Directors and Executive Management
2-3 Corporate Governance
2-4 Certified Public Accountant (CPA) Information
2-5
Direct and Indirect Investments in Affiliated Companies
2-6
Changes in Shareholdings of Directors, Managers and Major Shareholders
FINANCIAL INFORMATION
3-1 Capital and Shares
3-2 Corporate Bond Issuance
3-3 Preferred Shares
3-4 Depositary Receipt Issuance
3-5
Employee Stock Options and New Restricted Employee Shares
3-6 Shares Issued for Merger and Acquisition
3-7 Use of Proceeds from Rights Issue
OPERATIONAL HIGHLIGHTS
4-1 Macro Environment
4-2 Overall Operating Results
4-3 Operating Results Review
4-4 Scope of Business
4-5 Market and Sales Overview
4-6 Human Resources
4-7 Environmental Protection Expenditure
4-8 Employee Relations
4-9 Major Contracts
FINANCIAL HIGHLIGHTS
5-1
Condensed Balance Sheets and Statements of Comprehensive Income
5-2 Financial Analysis
5-3 Audit Committee Report
5-4 2014 Consolidated Financial Statements
5-5 2014 Financial Statements
5-6 Financial Difficulties for the Company and its Affiliates
REVIEW AND ANALYSIS OF
FINANCIALCONDITIONS, OPERATING
RESULTS AND RISK MANAGEMENT
6-1 Balance Sheet Analysis
6-2 Statements of Comprehensive Income Analysis
6-3 Cash Flow Analysis
6-4
Analysis of Major Capex and Its Impact on Finance and Operations
6-5
Investment Policies, Reasons for Profit/Loss, Plans for Improvement, and Future Investment Plan
6-6 Risk Management
SPECIAL NOTES
7-1 Affiliates
7-2 Private Placement of Company Shares
7-3 TWM Shares Held/Sold by Subsidiaries
7-4 Other Supplementary Information
7-5
Other Significant Events Affecting Shareholders' Equity or Stock Price
2014 CONSOLIDATED FINANCIAL
STATEMENTS
2014 FINANCIAL STATEMENTS
CONTACT INFORMATION