08 Consolidated Financial Highlights Q1. Business Results and Forecasts Q2. Segment-based Management System Q3. Structural Reforms and Synergy Creation Q4. M&A Strategy Q5. Overseas Development Q6. Developing the Domestic Housing Stock Market Q7. Dividend Policy and Corporate Value 21  ■  Feature: The JS Group’s Overseas  Business Development Using Profits Generated From Domestic Operations to Invest Overseas Review of Operations 24 Review of Operations: Summary 26  ■  Metal Building Material Business 28  ■  Plumbing Fixtures Business 30  ■  Other Building Materials and Equipment Business 32  ■  Distribution and Retail Business 33  ■  Housing, Real Estate and Other Businesses 34 Activities for Sustainable Management 35  ■  Corporate Governance 49 Financial Information 90 Shareholder Information 91 Corporate Data Cautionary Statement with Respect to Forward-looking Statements Statements made in this annual report with respect to plans, strategies and  future performance that are not historical facts are forward-looking state- ments. JS Group Corporation cautions that a number of factors could  cause actual results to differ materially from those discussed in the forward- looking statements. JS Group Corporation Annual Report 2010 07 46  ■  Environmental Activities 10  ■  A Message From the Chairman The Only Corporate Group With  a Comprehensive Home and  Living Environment Business 13  ■  Interview With the President Seven Questions for President Masahiro Sugino