Separating management strategy from business execution and optimizing resource allocation under a holding company structure

「The Company decided to transition to a holding company structure because it believes it is necessary to establish a group operating structure that enables agile and flexible business management responsive to changes in the market environment, expands the scope of operations through M&A and alliances, clarifies management responsibility for each business and develops next-generation management personnel, in order to enhance value creation capabilities and further increase corporate value.」

「By separating the management strategy function from the business execution function, we believe we can clarify management responsibility and accelerate decision-making, while establishing a group operating structure capable of developing future executive candidates with a management perspective. Following the transition to a holding company structure, the Company will remain listed and assume functions including formulating unified yet flexible strategies for the Group as a whole, optimally allocating management resources and checking the execution of operations by subsidiaries. By establishing a strategic and clearly defined management organization, we aim to maximize corporate value as a group.」