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Medium-term Management Plan (TOTO WILL2022)

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FY2018-2022 Mid-Term Management Plan TOTO WILL2022

October 30,2017

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Contents 1.Review of V-Plan 2.For the Next 100 Years 3.Mid-Term Management Plan 4.Finally 1.Review of V-Plan V-Plan 2017 Current Promotion Framework

In FY2016, we began promoting the V-Plan under a framework consisting of two businesses - global housing equipment business and new business domains - and three innovation tasks underpinning these.