The Company aims to achieve long-term growth and enhance corporate value by setting forth guidelines for ROE, PER, and shareholder returns in its "Medium-term Management Plan 2030," disclosing a plan that is conscious of capital markets. The main points are as follows: • The Company will improve capital efficiency by enhancing profitability and expanding businesses that do not require physical stores and inventory. • In addition to growth in earnings per share, the Company aims to improve growth expectations through increased visibility of business-specific results via holding company structure, as well as growth from platform businesses and M&A. • The Company will increase shareholder returns by returning the fruits of growth to shareholders. • Regarding dividends, in addition to the traditional dividend payout ratio of 30%, the Company will introduce DOE-based criteria. As a fundamental policy, the Company continuously targets ROE of 15% or higher, but aims to maintain dividend stability even in the event of temporary fluctuations in capital returns. Details are presented on pages 12-13 of "Medium-term Management Plan 2030" under "Cash Allocation" and "Capital Policy and Management Conscious of Stock Prices". Medium-term Management Plan 2030: https://www.andst-hd.co.jp/ir/library/management_plan/