Communication with Shareholders and Investors

We engage in communication with shareholders and investors as follows (as of April 2026).

1. 1.
   We have an Investor Relations Division, a part of Finance & Accounting Headquarters which in charged with formulating the policies and strategies that guide our IR activities, studying how information should be disclosed to our stakeholders and Investors.
2. 2.
   We hold financial results briefings twice a year in spring and autumn, providing opportunities for communication between top management and institutional investors (see Table 1 below).
   In addition, we held our first small meeting in Tokyo on November 27, 2025, which was attended by eight institutional investors.
3. 3.
   We also had an online briefing for individual investors and shareholders on the evening of November 27, 2025. During this event, our top management shared their thoughts and perspectives with more than 2,000 attendees.
4. 4.
   We host an annual roundtable with major shareholders with voting rights on topics including our business performance and corporate governance initiatives. In addition to reporting views and information from those events to the Board of Directors and sharing them with board members, we use them to improve our governance.
5. 5.

   The Director of Finance & Accounting Headquarters serves as the executive responsible for constructive dialogue with shareholders and investors.
   We engage in one-on-one meetings with institutional investors and actively exchange views on matters such as the growth strategies of each business and shareholder returns (see Table 2 below).

   （1）No.of participants in financial results briefings

   *You can see the entire image in the figure by scrolling horizontally.

   (Number of participants)

   	FY2021	FY2022	FY2023	FY2024	FY2025
   May	35	35	39	54	44
   November	38	34	41	42	48
   Total	73	69	80	96	92

   （2）Trends in institutional investor IR coverage

   *You can see the entire image in the figure by scrolling horizontally.

   (Number of coverages)

   	FY2021	FY2022	FY2023	FY2024	FY2025
   Domestic investors	71	51	61	72	90
   Overseas investors	19	21	39	43	59
   Total	90	72	100	115	149

   Note: Domestic investors include the eight companies from the small meeting held in November 2025

6. 6.

   About the General Meetings of Shareholders, we provide materials both electronically and in print earlier than legally required. In addition, convocation notices for shareholders’ meetings are translated into English in their entirety, including business reports.

   102nd Ordinary General Meeting of Shareholders (held in June 2025)

   

   

   Shareholders Meeting
7. 7.
   We will help realize a sustainable society through our business activities while building trust-based relationships with society by communicating with all stakeholders, including customers, suppliers, and employees.
   We’ve put in place structures to promote dialogue with shareholders, and we are dedicated to providing a continued stable return for shareholders and investors.