The research investigated CEO`s perception about information technology(IT) and corporate strategy by analyzing CEO`s letters appeared in annual reports. Particularly, this paper examined whether there are differences in CEO`s perceptions about IT among industries, and time frame. The target industries are manufacturing, distribution/services, banking, and telecommunication; the target time frames are 1996 through 1999. Also, this research examined whether CEO`s perceptions about IT have positive effects on organizational performance. Major findings are: First, there are distinctive differences among industries in the number of times IT was mentioned, the types of applications discussed, and the content of the discussion. Second, the number of times IT was mentioned increased over time. Third, there is a slightly positive relationship between the number of times IT was mentioned and organizational performance; but, the finding is hard to generalize.