Letter to Shareholders
Organization and Corporate Governance
1-1
BOARD OF DIRECTORS AND EXECUTIVE MANAGEMENT
1-2
COMPENSATION TO DIRECTORS AND MANAGEMENT EXECUTIVES
1-3
CORPORATE GOVERNANCE
1-4
CERTIFIED PUBLIC ACCOUNTANT (CPA) INFORMATION
1-5
INFORMATION ON CPA CHANGES
1-6
COMPANY CHAIRMAN, PRESIDENT OR FINANCE/ ACCOUNTING MANAGER HELD POSITIONS IN THE COMPANY'S AUDIT FIRM OR ITS AFFLIATED COMPANIES
1-7
CHANGES IN SHAREHOLDINGS OF DIRECTORS, MANAGERS AND MAJOR SHAREHOLDERS
1-8
DIRECT AND INDIRECT INVESTMENTS IN AFFILIATED COMPANIES
1-9
RELATIONSHIP BETWEEN TWM'S TOP 10 SHAREHOLDERS
Financial Information
2-1
CAPITAL AND SHARES
2-2
CORPORATE BOND ISSUANCE
2-3
PREFERRED SHARES
2-4
DEPOSITARY RECEIPT ISSUANCE
2-5
EMPLOYEE STOCK OPTIONS AND NEW RESTRICTED EMPLOYEE SHARES
2-6
SHARES ISSUED FOR MERGERS AND ACQUISITIONS
2-7
USE OF PROCEEDS FROM RIGHTS ISSUE
Operational Highlights
3-1
PERFORMANCE BY DIVISION
3-2
SCOPE OF BUSINESS
3-3
MARKET AND SALES OVERVIEW
3-4
HUMAN RESOURCES
3-5
ENVIRONMENTAL PROTECTION EXPENDITURE
3-6
EMPLOYEE RELATIONS
3-7
ICT Security Risk Management
3-8
MAJOR CONTRACTS
Review and Analysis of Financial Conditions, Operating Results and Risk Management
4-1
BALANCE SHEET ANALYSIS
4-2
STATEMENTS OF COMPREHENSIVE INCOME ANALYSIS
4-3
CASH FLOW ANALYSIS
4-4
ANALYSIS OF MAJOR CAPEX AND ITS IMPACT ON FINANCE AND OPERATIONS
4-5
INVESTMENT POLICIES, REASONS FOR PROFIT/LOSS, PLANS FOR IMPROVEMENT, AND FUTURE INVESTMENT PLAN
4-6
RISK MANAGEMENT
4-7
OTHER SIGNIFICANT ITEMS
Special Notes
5-1
AFFILIATES
5-2
PRIVATE PLACEMENT OF COMPANY SHARES
5-3
OTHER SUPPLEMENTARY INFORMATION
5-4
OTHER SIGNIFICANT EVENTS AFFECTING SHAREHOLDERS’ EQUITY OR STOCK PRICE
CONTENTS