European Business Structural Reform Project "True Color"

「Against this backdrop, the Company decided to implement the “True Color” restructuring project to enhance its competitiveness and profitability over the medium to long term. Under this project, measures including a review of the business portfolio, the reorganization and streamlining of production, sales and administrative functions, and a review of the organizational structure and governance will be implemented in stages. In fiscal 2026, the project’s first year, the Company plans to withdraw from or scale back low-profit and non-core businesses, and expects to incur non-recurring expenses and losses. In connection with the restructuring, the Company expects to incur approximately ¥7 billion in extraordinary losses in the fiscal year ending March 2027.」