The Company views ROE as one of its key performance indicators. In order to practice management with awareness of the cost of equity capital, the Company aims to maintain and improve high ROE exceeding the cost of equity capital, while optimizing the balance between maintenance of financial soundness and shareholder returns. While there are various methods for calculating the cost of equity capital, the Company's ROE has been trending in the latter half of the 10% range, exceeding the cost of equity capital and creating added value. Furthermore, the Company strongly recognizes the importance of appropriate "information disclosure" and IR activities as management to mitigate information asymmetry between the capital market and the Company and contribute to lowering the cost of capital. Through improving the quality and quantity of these activities, the Company will endeavor to ensure that its growth potential is evaluated by the market appropriately and sufficiently. 【Status of Dialogue with Shareholders】 Based on the above basic policy, the Company has conducted active dialogue with shareholders by responding to meeting requests from shareholders and investors, and by actively requesting meetings and holding various briefing sessions. In dialogue with shareholders, executive officers in charge of CEO, CFO, business planning, and sustainability, among other areas, participate in discussions. Additionally, external directors participate in dialogue with shareholders in SR activities. The main themes of dialogue and shareholders' areas of interest have been diverse, ranging from earnings summaries, growth strategies, capital policy including shareholder returns, pathways to enhanced corporate value, Group management approach, and ESG.