Initiatives to enhance corporate value through information disclosure

We are enhancing information disclosure so that our stakeholders, such as shareholders and investors, can better understand the Company. As one of those initiatives, our financial and non-financial reports, which used to be published as Corporate Reports, have been revised to Integrated Reports since last year, based on the key points of International Integrated Reporting Framework. As a result, our Integrated Report was selected as one of the “Most-improved integrated reports” by Government Pension Investment Fund (GPIF)’s asset managers entrusted with domestic equity investment. We will continue to confirm the assessment of the Company from a third-party perspective and issues we face through responses to external evaluation or ganizations and active engagement in dialogue with shareholders/investors, and to improve such issues, thereby enhancing corporate value.

Timely and appropriate information disclosure

In order to eliminate the information gap between domestic investors and overseas investors, we have made it a policy to basically disclose information in English as well. Certain information, such as consolidated financial results and briefing session materials for analysts, are disclosed in Japanese and English simultaneously. Disclosure of annual securities report in English is an issue to be considered in the future.