Engagement in Dialogue with Shareholders and Investors

FY2025 (from April 2025 to March 2026)

Results of Dialogue with Shareholders and Investors (April 2025 to March 2026)

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✓：Applicable

Activities		Person in charge			Number of implementation/company (total)	Supplementary information
Activities		President	Executive^(note)	IR department	Number of implementation/company (total)	Supplementary information
Briefing for institutional investors and analysts	Briefing of Financial Results and Medium-term Management Plan	✓	✓		5 times
Other IR events	Briefing by theme		✓		Once	4 business fields
	Small meeting	✓	✓		9 companies
1on1 dialogue	Dialogue by theme		✓	✓	4 companies	ESG management
	IR interviews (including overseas) and conferences	✓	✓	✓	1,363 companies	858 overseas and 505 domestic companies
Shareholders’ meeting		✓	✓		Once
Briefing for individual investors		✓			Once

note

General Manager of Strategy Div., Finance and Accounting Div., Risk Management Div., and each business Div.

Main theme of dialogue (April 2025 to March 2026)

1. Recent business results

Progress of the annual plan and future outlook
Changes in the business environment
Policies and progress in initiatives to improve profitability

2. Medium-term Management Plan 2022-2025 (25 Mid-term Plan) and its progress

Details of the 25 Mid-term Plan (basic concept, rationale of target, value creation process toward 2030, etc.)
Approach to and progress in reviewing the business portfolio with an awareness of capital efficiency
Concept of cash allocation

3. ESG management and sustainability Indicators

Reducing CO₂, including Scope3
Human capital and employee engagement
Approach to strategic stockholdings and listed subsidiaries

4. Stock price and shareholder return policy

Actions to achieve management conscious of cost of capital and stock price (Initiatives aimed at PBR more than1)
Approach to dividend policy

[Reference] Summaries of question and answer from past briefings can be found on the following website

Reports & Presentations

Status of feedback to management regarding dialogue with shareholders and investors (April 2025 to March 2026)

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Means	Person in charge	Frequency	Contents
Regular reports at meetings of the Board of Directors	Executive for IR	Every quarter	Evaluations, expectations, and concerns of institutional investors and analysts based on dialogue after the announcement of financial results Policies for future external explanations and IR activities reflecting the above Analyst earnings forecast Stock price information, including comparison with competitors
Regular reports at management committee	Executive for IR	Every quarter
E-mail to internal officers and related divisions	IR department	Any time	Details of question-and-answer at briefings Update information of analyst reports

Links

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