To the Shareholders of Towa Pharmaceutical Co., Ltd. This is a booklet for the 70th Business Report. The cover features Yuzuru Hanyu and Tetsuko Kuroyanagi. One-third of the tri-fold booklet cover displays only the upper bodies of Yuzuru Hanyu and Tetsuko Kuroyanagi. The rest of the booklet contains the business report. The booklet will be shipped with waterproof treatment. Please note that there may be some minor scratches due to the pre-existing folds.