Change in Inventory Valuation Method in Connection with Core System Renewal

「For the valuation of raw materials and supplies included in inventories, the Company had primarily used the cost method based on the moving-average method, but changed to the cost method based primarily on the first-in, first-out method from the current six-month period. This change in valuation method resulted from the Company's determination, as part of the renewal of its core system, that valuing inventories using the first-in, first-out method would provide a more appropriate valuation of inventories and calculation of profit or loss for each period.」