Risks of interruption, additional costs and disruptions in the replacement of the core system

「To minimize risk, we manage projects in accordance with PMBOK (Project Management Body of Knowledge), managing progress quantitatively while controlling and obtaining agreement on deliverables for each phase. We have also adopted a phased replacement approach rather than a full replacement, aiming to reduce risk by limiting the scope of modifications.」

「A project to renew the core system is currently under way. If the project is interrupted, the expected future earnings or cost-reduction benefits could be significantly diminished. In addition, if impairment becomes necessary or the project incurs additional costs exceeding expectations, this could affect our operating results and financial position.」