Our company, OURD, Overseas Uranium Resources Development Company, Ltd., focuses its activities on the development and import of nuclear fuel to Japan.
   We fulfill an essential mission for Japan, country poor in natural resources, by prospecting for uranium, developing mines overseas, producing uranium concentrates and selling the raw materials to the Japanese utilities.
   Although we hold sufficient reserves of this resource, promising for the energetic future, the development and production of uranium requires some high and long-term investments. Therefore, it is necessary to gain the cooperation and trust of all shareholders to secure a stable supply of resources.
   We have pursued sustained efforts since the foundation of the company, over 40 years ago, for the "Prospection, Development, Sale" of uranium. The results of these efforts are our actual product, an essential commodity that will become more precious and valuable, expected to develop furthermore with the increasing demand for energy.

   I would like to offer you, all shareholders, our customers, partners, employees, and parties involved from the local and regional communities, my profound gratitude for your ongoing support, trust and understanding. OURD is committed to continuing its relentless efforts and mission to fulfill your expectations.

Takeshi SAITO
President