Changes in Customer Investment Trends and XR Demand

「There were no new business risks or material changes to the business risks described in the annual securities report for the prior fiscal year during the interim consolidated accounting period.」

「The domestic metaverse market, which has been our Group’s primary arena, has moved beyond a passing boom and evolved into an “industrial implementation phase” in which the integration of AI technology is fundamentally improving corporate productivity.」

「During the three-month period ended [the current first quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」

「There were no new business risks or material changes to the business risks described in the annual securities report for the prior fiscal year during the cumulative third-quarter period.」

「If customers’ software investment is significantly curtailed due to deteriorating economic conditions in Japan or overseas, or if demand for XR and the metaverse changes in response to changing customer needs, this may affect the Group’s financial position and operating results.」