Items stated in the management plan
This document does not state the plan name, plan period, or numerical targets.
The business environment surrounding the business had become increasingly challenging due to automakers' revisions to their investment plans as EV market growth slowed, delays in launching new projects, and intensifying price competition. After careful consideration from the perspectives of the business's future growth potential and profitability, as well as the optimal allocation of the resources of the Group, the Company decided on a policy of withdrawing from the business.
| Item | Details |
|---|---|
| Reason for revision or withdrawal | The business environment surrounding the business had become increasingly challenging due to automakers' revisions to their investment plans as EV market growth slowed, delays in launching new projects, and intensifying price competition. After careful consideration from the perspectives of the business's future growth potential and profitability, as well as the optimal allocation of the resources of the Group, the Company decided on a policy of withdrawing from the business. |
| Risks identified | Slower growth in the EV market, Automakers' revisions to their investment plans, Delays in launching new projects, Intensifying Price Competition |
| Date of board resolution | 12 November 2026 |
| Publication date | 12 November 2026 |
Items this document does not state (21)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.The business environment became challenging due to automakers' revisions to their investment plans as EV market growth slowed, delays in launching new projects, and intensifying price competition. After considering the business's future growth potential and profitability, as well as the optimal allocation of the resources of the Group, the Company decided on a policy of withdrawal.