The Group established the Management Strategy Committee in April 2024, and has held discussions with the aim of determining a specific action plan to accelerate initiatives under the four basic policies: (1) Business transformation, (2) Investment for growth and improvement of profitability, (3) Sustainability management, and (4) Improvement of capital efficiency and enhancement of shareholder returns, of Medium-Term Management Plan 2023–2025 “Create the Next Generation,” which began in FY2023, and to further enhance the effectiveness of the initiatives. We are pleased to announce that based on recommendations from the Management Strategy Committee, the Board of Directors today decided on the following specific action plan.

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