Curbing New Acquisitions of Strategic Shareholdings and Reviewing the Rationale for Holdings

「As a general rule, we do not newly acquire cross-shareholdings. However, we may hold shares when, after comprehensively considering business strategy and business relationships, we determine from a medium- to long-term perspective that doing so will contribute to increasing the corporate value of the Group. For shares already held, the Board of Directors verifies the rationality of the holdings every year, and holdings for which rationality is not recognized will be reduced at an appropriate time.」