First of all, we would like to extend our heartfelt gratitude for your understanding and supporting to the Teijin Group's business activities.

We announced the "Teijin Group Medium-Term Management Plan 2024-2025" in May 2024, identifying "Restoration of Core Profitability through Completing Profitability Improvements" and "Business Portfolio Transformation" as top-priority issues, and steadily promoted divestment of non-core and unprofitable businesses. As seen in segments such as the Apparel & Industries (Fibers & Products Converting Business) and the Healthcare & Life Solutions (home healthcare business), our business model accurately identifies customer needs, integrates external materials, processing, and services rather than strictly relying on our own materials or in-house production. We have positioned our "Customer-Driven Business Model" as our key strength, and have been driving business transformation. As part of these initiatives, in December 2025, we entered into a basic agreement regarding the business integration of Teijin Frontier Co., Ltd. and Asahi Kasei Advance Corporation.

In May 2026, we announced the "Teijin Group Medium-Term Management Plan 2026-2028" and, with the aim of returning to a growth trajectory, identified three key issues to be addressed: (i) Sustainable profit growth with Customer-Driven business, (ii) Establishing a high-quality profit base through structural reforms, and (iii) Strengthening the management system that supports Customer-Driven business. With unwavering determination, we will steadily implement measures to address these issues and enhance our corporate value.

A guiding principle for promoting these initiatives is the Teijin Group's Purpose, "Pioneering solutions together for a healthy planet." Based on this Purpose, we will strive to achieve our Long-Term Vision "To be a company that supports the society of the future" by addressing social issues.

We look forward to the continued support of you.