Materiality and Strategy

Process for Identification of Materiality

After clarifying a wide range of stakeholders, including Local communities (corporations, individual customers, local residents, organizations, businesses, etc., and local governments), Employees, Shareholders and investors, and Natural capital, we compiled a comprehensive list of issues from the perspectives of the environment, society, economy, local communities, and our business foundations. We conducted an internal and external analysis of these issues to extract social issues that are important to both the Group and its stakeholders. Based on the social issues narrowed down in this way, we have identified five key issues ("Materiality") that should be addressed with particular priority. These key issues are determined following deliberation by the Sustainability Committee and approval by the Board of Directors. Going forward, we will continue to review them as necessary in response to changes in society and the environment.

• Process and Background Behind the Reorganization of Materiality, etc. （Excerpt from Integrated Report 2025）

Overall Picture and Strategic Structure of the Medium-Term Management Plan

With the aim of improving corporate value by creating both social and economic value, the Fourth Medium-Term Group Business Plan promotes initiatives that integrate our reorganized materiality and basic strategies (Social Issues Solution Strategy, Business Portfolio Strategy, and Management Base Resilience Strategy).