Our group aims to enhance enterprise value through further evolution of capital circulation management in order to realize management that is conscious of capital costs and stock prices. 1. Management Numerical Targets and Progress Our company aims to achieve a return exceeding capital costs (estimated at 7%) and, in the medium-term management plan starting from fiscal 2024, we have set targets to achieve adjusted consolidated ROE of 13-15% and adjusted EPS growth rate of 12% or more (annually) by fiscal 2026, the final year of the plan. When adding the effects of the Aspen acquisition announced recently, the adjusted EPS growth rate is expected to significantly exceed the original targets. Regarding adjusted ROE as well, we are seeing steady improvement, with expectations of approximately 11.5% in fiscal 2025 from 9.2% in fiscal 2024, and we will continue working toward achieving our targets. 2. Capital Circulation Management Our company has positioned further evolution of capital circulation management to achieve the group's management numerical targets, and will strengthen the capital circulation cycle by reliably implementing measures such as "risk reduction and control," "risk-taking and growth investment," and "shareholder returns." (1) Risk Reduction and Control - We aim to reduce strategic shareholdings to zero by the end of fiscal 2030, and have upwardly revised our planned reduction amount for the medium-term management plan period from 600 billion yen or more to 800 billion yen or more. - We have essentially completed reduction of interest rate risk and are currently managing it appropriately. - Regarding investment projects, we are advancing early withdrawal from unprofitable businesses and efficient capital recovery through strict EXIT judgments. (2) Risk-Taking and Growth Investment - As the direction of risk-taking in our medium-term management plan, we have identified four domains: overseas M&A, well-being M&A, organic growth, and foundation strengthening. - In overseas M&A, we announced the acquisition of Aspen in August 2025, and we expect to achieve ROI exceeding capital costs. - Going forward, while maintaining investment discipline, we will pursue risk-taking and growth investment in the four domains that contribute to enhancing enterprise value. (3) Shareholder Returns - Our basic approach is to continue dividend increases through sustainable profit growth, with selective acquisition of treasury stock in response to stock price and capital conditions as an option. - Based on a 50% foundation return on the three-year average of adjusted consolidated profit, we will expand total return amounts (total dividend + treasury stock acquisition) through profit growth. 3. New Management Structure In order to strengthen the capital circulation cycle and accelerate sustainable growth of our group, from fiscal 2025 we are consolidating business domains into "SOMPO P&C" and "SOMPO Well-being" and strengthening collaboration across business and regional boundaries. By promoting and accelerating "further enhancement of resilience" and "connecting and building connections" across the two business structures, we aim for sustainable growth of the group. For details, please refer to the Integrated Report, etc. (https://www.sompo-hd.com/ir/data/disclosure/hd/) (https://www.sompo-hd.com/ir/data/session/2025/)