Items stated in the management plan
Annual updateIn light of the lessons learned from the previous medium-term management plan and the challenging operating environment subject to discontinuous and uncertain change, the Company adopted a rolling approach under which the plan is reviewed in principle every year in order to make the PDCA cycle effective at an early stage.
| Item | Details |
|---|---|
| Plan name | Medium-Term Management Plan (2026–2030) |
| Plan period | 2026~2030 |
| Progress against the plan | Annual update |
| Self-assessment of PBR and share price | The Company explains that free-float market capitalization improved significantly due to the increase in the share price, but numerical data and the Company's assessment regarding PBR and the share price level are Not disclosed. |
| Plan assumptions | A challenging operating environment subject to discontinuous and uncertain change |
| Key initiatives | Business Portfolio Transformation, Strengthening the core business, “Creation” of new products and businesses, Strengthening Cost Competitiveness, Sale of cross-shareholdings, Further enhancing information disclosure |
| Reason for revision or withdrawal | In light of the lessons learned from the previous medium-term management plan and the challenging operating environment subject to discontinuous and uncertain change, the Company adopted a rolling approach under which the plan is reviewed in principle every year in order to make the PDCA cycle effective at an early stage. |
| Risks identified | A challenging operating environment subject to discontinuous and uncertain change, Procurement issues for raw materials due to the situation in the Middle East, Surging raw material prices due to the situation in the Middle East |
| Publication date | 2 October 2026 |
Items this document does not state (16)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.The initiatives disclosed on 17 March 2026 were advanced, resulting in improved free-float share counts and share liquidity through an increase in the share price, the exercise of stock acquisition rights and counterparties' sales of shares following the unwinding of cross-shareholdings, among other factors. As a result, free-float market capitalization improved significantly.