Liquidity Risk at Payment Due Dates

「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」

「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」

「During the three-month period ended 30 June, there were no new risks that management recognizes as having the potential to materially affect the financial position, operating results or cash flows of the consolidated companies, and no material changes to the business risks described in the annual securities report for the previous fiscal year.」

「The company continuously prepares and updates cash flow plans through the Finance Department based on reports from each department and manages liquidity risk. Consolidated subsidiaries follow the same management procedures.」

「The company continuously prepares and updates cash flow plans through the Finance Department based on reports from each department and manages liquidity risk. Consolidated subsidiaries follow the same management procedures.」

「During the cumulative third quarter of the fiscal year, there were no major risk events that management recognizes could have a material impact on the financial position, operating results or cash flows of the consolidated companies, among the matters concerning the business situation, accounting situation and other matters described in this quarterly report, and there were no material changes to the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」

「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」

「During the cumulative third quarter of the fiscal year, there were no major risk events that management recognizes could have a material impact on the financial position, operating results or cash flows of the consolidated companies, among the matters concerning the business situation, accounting situation and other matters described in this quarterly report, and there were no material changes to the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」

「During the cumulative second quarter of the fiscal year, there were no major risk events that management recognizes could have a material impact on the financial position, operating results or cash flows of the consolidated companies, among the matters concerning the business situation, accounting situation and other matters described in this quarterly report, and there were no material changes to the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」

「During the three-month period ended 30 June, there were no new risks that management recognizes as having the potential to materially affect the financial position, operating results or cash flows of the consolidated companies, and no material changes to the business risks described in the annual securities report for the previous fiscal year.」

「During the nine-month period ended 31 December, there were no occurrences of matters that could have a material impact on investors' decisions among the matters concerning the business and accounting conditions described in the quarterly securities report, nor were there any material changes to the section on "Business and Other Risks" in the securities report for the previous fiscal year.」

「During the six-month period ended in the second quarter, there were no material changes in the matters concerning the business and accounting conditions described in this quarterly securities report that could materially affect investors' decisions, nor in the business and other risks described in the securities report for the previous fiscal year.」

「During the first quarter of the current consolidated fiscal year, there were no occurrences of matters that could have a material impact on investors' decisions among the matters concerning the business and accounting conditions described in the quarterly securities report, nor were there any material changes to the section on "Business and Other Risks" in the securities report for the previous fiscal year.」

「The company continuously prepares and updates cash flow plans through the Finance Department based on reports from each department and manages liquidity risk. Consolidated subsidiaries follow the same management procedures.」

「During the nine-month period ended 31 December, there were no occurrences of matters that could have a material impact on investors' decisions among the matters concerning the business and accounting conditions described in the quarterly securities report, nor were there any material changes to the section on "Business and Other Risks" in the securities report for the previous fiscal year.」

「During the first quarter of the current consolidated fiscal year, there were no occurrences of matters that could have a material impact on investors' decisions among the matters concerning the business and accounting conditions described in the quarterly securities report, nor were there any material changes to the section on "Business and Other Risks" in the securities report for the previous fiscal year.」

「Management of liquidity risk associated with financing, namely the risk of being unable to make payments when due.」