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Sumitomo Wiring Systems, Ltd.

Outline of President's Greeting in Initiation Ceremony of Year 2011

Fumikiyo Uchioke, President

The Tohoku Region Pacific Coast Earthquake occurred on March 11, and two of our group companies suffered severe damage. As Tohoku Sumidenso is unable to hold their initiation ceremony, three of their new employees are attending the ceremony held here today. SWS is now striving for reconstruction of the production system through the cooperation of group companies in Japan and overseas, as well as providing support for disaster areas, employees and their families involved in this catastrophe.

In the SWS Group, owing to the rapid recovery of order volumes, good results are expected in the business year ending in March 2011 for the second consecutive year. In this fiscal year, however, there are many concerns when considering the influence of the termination of the government's new car sales promotion project, the influence of economic slowdown in Europe and the United States on emerging countries, and the influence of the earthquake disaster. In these circumstances, SWS has formulated the "17 VISION" midterm management plan which sets a goal to obtain the top global share by 2017. As year 2011 is the starting year of this plan, we will all work together to achieve this goal. I expect new employees to contribute all of your fresh energy to this common purpose.

So as you embark on your journey in the workforce, I would ask you to keep the following three points in mind:

1. Be a person to be trusted by other people

Business is a team game, and results are produced through connections with many people, such as your boss at work and senior workers. It is important to establish good human relationships, where you can trust other people and other people can trust you. Please remember that you cannot produce high-quality products or high-value added output until you become a person to be trusted.

2. Be a person who can take an active part globally

"Manufacturing relies on development of personnel." Although SWS has already been implementing production, development, and sales activities in 30 countries, it is required that all employees become 'people to be accepted by international standards' in its true sense to further expand our business operations. That is, regardless of whether you are in Japan or overseas, you must acquire the abilities required as a professional with a global mind so that you can consider matters from a global perspective. I expect you, our young personnel, will play an important role as global personnel at the forefront of actual work sites from the earliest possible time.

3. Strive for self-improvement by setting the goal

While the business environment surrounding companies has rapidly been changing, it is more important for each of you to acquire the latest knowledge and skills. I would like all new employees to set the high goal and improve yourselves to acquire abilities and skills applicable anywhere. I am convinced that the steady accumulation of efforts made by each of you reinforces the organization, leading to companywide improvement.

I sincerely expect that you always take care of yourself mentally and physically, and will greatly progress as human resources to forge the future of SWS.

[Reference]
Number of new employees for career-track position as of April 1, 2011:
80 (26 administrative employees and 54 engineering employees)