UNIVANCE CORPORATION

Based on the facts stated in this report, the Group's principal businesses are the manufacture and sale of automotive parts and transmissions for industrial machinery, as well as related logistics and services. Its business portfolio is centered on the Unit Business, which manufactures and sells automotive parts, and the Parts Business, which also manufactures and sells automotive parts. The Group operates worldwide through consolidated subsidiaries, including overseas locations. Effective 1 April 2025, 富士協同運輸株式会社 and Westlake merged and changed their corporate name to 株式会社Ｋサービス. The Group has 7 affiliated companies in Japan and overseas, and a business structure diagram is provided. It has overseas locations in Asia, North America, Europe and the United States. With the Unit Business and Parts Business at its core, the Group is pursuing environmental initiatives, digitalisation and the strengthening of human capital, while seeking to diversify its business portfolio and establish a foundation for growth guided by Vision2030 as its medium- to long-term direction. Over the medium term, the Group is advancing its business under three pillars: enhancing competitiveness and expanding its existing business areas, creating new businesses, and strengthening its corporate foundation. As part of its sustainability initiatives, the Group has set targets of cutting carbon emissions by half by fiscal 2030 and achieving carbon neutrality by fiscal 2045. Based on its actual results, it has reduced CO2 emissions ahead of schedule.