INTORODUCTION OF OUR COMPANY


1.ADDRESS

  HEAD OFFICE  UMEJIMA 2-14-7 ADACHI-KU TOKYO JAPAN(ZIP CODE 121-8520)

  GENENRAL AFFAIRS DIVISION
        PHONE: (03) 3889 - 6111   FAX: (03) 3848 - 1880

  PLAYTHINGS DIVISION
        PHONE: (03) 3889 - 6117   FAX: (03) 3889 - 6140


2. ESTABLISHMENT    MAY 8, 1923


3. CAPITAL         24,000,000 JAPANESE YEN


4. SITE AND BUILDING

  HEAD QUATER SITE: 4,929 SQARE METER

  OFFICE, FACTORY, WAREHOUSE  BUILDING:  5,173 SQARE METER


5. BUSINESS DETAILS

  PLAYTHINGS DIVISION :
     TO PLAN, DEVELOP, MANUFACTURE, SELL,

  EXPORT & IMPORTTHE FOLLOWINGS :
     TOYS, STATIONARY ITEMS, GIFT ITEMS, AMENITY RELATING ITEMS ETC.

  AMENITY GOODS DIVISION :
     PRECIOUS METAL PROCESS, ELECTRONICAL ITEMS' MANUFACTURING,
     NURSING RELATING ITEMS' MANUFACTURING ETC.


6. CUSTOMERS

  PLAYTHINGS DIVISON
     LEADING DEPARTMENT STORE,
     RETAILERS, WHOLESELLERS, IMPORTERS


7. CORRESPONDENT BANK

  The RESONA BANK (NISHIARAI BRANCH)
  THE SHOKO CHUKIN BANK BANK (OSHIAGE BRANCH)
  THE BANK OF TOKYO-MITSUBISHI UFJ,LTD. (SENJU CHUO BRANCH)


8. HISTORY OF DEVELOPMENT

  MAY. 1923
     Mr. Keikichi Iwaya started manufacturing mechanical toys under his private management
     at east side of Tokyo.

  MAY. 1929
     With growth of his business, Mr. Iwaya moved to the place of our current headquarter and
     established Iwaya Seisakusho (i.e. Limited Partnership) to devote himself to manufacturing
     mechanical toys for export..

  DEC. 1941
     During World War U, producing mechanical toy became impracticable.
     Iwaya Seisakusho produced Military Hardware instead.

  SEP. 1945
     The order from U.S. military caused Iwaya to shut down until the permission of peace industry
      was sanctioned in Nov.1945.

  NOV. 1945
     By utilizing the remaining of the raw materials, Iwaya started producing lighter,
      pen and heater etc.

  AUG. 1947
     With the resumption of export and import business, mechanical toy manufacturing was
     started again.

  MAR. 1952
     To meet the increase of the overseas demand, production was shifted into toy field entirely.

  SEP. 1955
     Established (KK) Iwaya Seisakusho as Toy sales company.

  MAR. 1962
     Entered into a contract with Victor Company of Japan, Limited (JVC) to start manufacturing
     electrical equipment.

  MAY. 1963
     Iwaya Seisakusho (i.e. Limited Partnership) and I (KK) Iwaya Seisakusho were merged.

  JUN. 1965
     Mr. Keikichi Iwaya received a Medal with Yellow Ribbon from the Prime Minister for his
      contribution towards the furtherance of mechanical toy exportation.

  APR. 1970
     Mr. Keikichi Iwaya had The Decoration of the Rising Sun, Gold and Silver Rays for many
     years of service in metal toy business.

  NOV. 1970
     Reinforced concrete three-story building (approx. 4,421u) and warehouse were constructed.

  JUN. 1971
     From 1964 to 1971 (total 8 times), the company received commendation for contribution towards
     export.

  JUL. 1973
     With the business diversification, company name was changed from (KK) Iwaya Seisakusho to
     Iwaya Kabushikikaisha(=KK)

  DEC. 1980
     Reinforced concrete three-story office (approx. 770u) and warehouse were constructed.

  APR. 1982
     Change of executive was proceed.
     Chairman of the board : Mr. Keikichi Iwaya
     Representative director: Mr. Hirokatsu Iwaya

  MAY. 1983
     The 60th anniversary of the founding of the company came around and started a direct sales
     toward all over the world.

  FEB. 1984
     Participated in the Nuremberg International Toy Fair (Nürnberger Spielwarenmesse)
     in Germany for the first time.

  MAY. 1984
     Participated in the International Tokyo Toy Show for the first time.

  JUN. 1984
     Mr. Keikichi Iwaya passed away.
     The prime minister appointed him dignity of 6th.

  MAY. 1985
     Proceeded CI (Corporate Identity)
     Company name was changed to Iwaya Corporation.

  NOV. 1986
     Set up a sales office in Taito Ward to start domestic sales.

  MAY. 1987
     Provided technical support to Sing Yip Toys Mfy. Ltd. in China. Started manufacturing
     in China.

  FEB. 1991
     EEntered into a contract with Canon Inc to start manufacturing electrical equipment.

  MAY. 1993
     Entered into business relations with SEGA Enterprises Corporation.

  JAN. 1995
     Entered into business relations with Sony Creative Products Inc.

  JUL. 1996
     Became a member of Cooperation of Toy Manufactures' Cooperatives in Tokyo.

  OCT. 1998
     Start producing computer devices in cooperation with Fujitsu Pasocon Systems (literalized).

  APR. 1999
     Mr. Hirokatsu Iwaya passed away.
     Executive was changed.

  FEB. 2002
     Participated in the American International Toy Fair in N.Y. for the first time.

  MAY. 2003
     The 80th anniversary of the founding of the company came around.

  NOV. 2003
     Developed "IP Robot Phone" through technical cooperation of Tachi Lab of the University
     of Tokyo.

  NOV. 2004
     DLaunched Scale Model "Super Sound" series to join the hobby market.

  JAN. 2006
     Participated in the Hong Kong Toys & Games Fair for the first time.

  OCT. 2007
     Launched "Super Sound Premium" series to join the market of metal die-cast scale model.

  APR. 2008
     Became a member of Tokyo Toy & Doll Wholesalers Cooperative Association.

  OCT. 2008
     Participated in the All Japan Plastic model R/C Show

  MAY. 2009
     Started Environmental Activities such as tree-planting, Carbon Offset.

  JUN. 2009
     Based on "Recycle One Protocol", the bond has been received.


9.GUIDING PRINCIPLE

  CREATING COMPANY OF UNIQUE IDEA'S COMFORT, JOYFUL, JOY (DELIGHT)


10.POLICY
(IWAYA'S STAFF ACTIVITY AND THE FUNDMENTAL POINTS OF JUDGE)
  ORIGINALITY
   (THE ATTITUDE TO THINK OVER NEW PLAN AND BUSINESS DEVELOPMENT ALWAYS)
  ENTHUSIASM
   (THE ATTITUDE TO ACT AGGRESSIVELY TOWARD THE ACHIEVEMENT OF PURPOSE)
  SINCERITY
   (THE ATTITUDE TO KEEP ONE'S POSITION INTO MINDCONSCIENTIOUSLY)
  GENTLEMIND
   (THE ATTITUDE OF GRATIUDE OF APOLOGY)