[Current Status Recognition and Analysis] ① ROE and Cost of Shareholder Capital • Cost of shareholder capital is calculated at 5.9% to 7.3% using CAPM. • ROE has exceeded the cost of shareholder capital for two consecutive periods from the fiscal year ended September 2024, rising to a level significantly exceeding the information and communications industry average ROE of 10.68%.*1 *1: Quoted from Japan Exchange Group "2024 Earnings Summary by Period [Consolidated] {Total} (Prime, Standard, Growth)." ② ROIC and WACC (Weighted Average Cost of Capital) • Capital cost is calculated at 3.7% to 5.4% using WACC. • Due to significant increases in net profit, ROIC has exceeded WACC for two consecutive periods from the fiscal year ended September 2024, rising to a level exceeding the information and communications industry average ROIC of 10.5%. ③ PBR and PER • PBR became 2.58 times due to stock price appreciation, an increase of 0.93 points from the previous period. • PER increased 0.59 points from the previous period as stock price rose along with profit growth. ④ Market Capitalization • Since the post-COVID period, operating results have expanded steadily, achieving record-high sales in the fiscal year ending September 2025. • Stock price doubled from the end of fiscal year ended September 2024, with market capitalization growth rate of 86.1%. [Future Challenges] Efforts to improve capital profitability and reduce cost of shareholder capital ① ROE and ROIC • Target: Maintain ROE of 10% or above • Increase sales and improve profit margins. • Improve capital efficiency through selection and concentration of assets and businesses (reduction of non-business assets and withdrawal from unprofitable businesses). ② Cost of Shareholder Capital • Target: Achieve PER of 20 times or above • Actively engage in dialogue with shareholders and investors and enhance information disclosure. • Increase opportunities for information dissemination regarding business performance, business activities, sustainability, etc., and reduce volatility and improve trading volume. • Proactively leverage the capabilities of diverse human resources to foster innovation and enhance corporate value. • Enhance internal training systems to ensure sustainable growth and strengthened competitiveness as an organization. • Provide continuous and stable shareholder returns in line with profit growth, comprehensively and long-term considering business trends and financial conditions.