Announcement of Introduction (Detailed Decision) of Employee Stock Benefit Trust (J-ESOP)

Background and Overview of Implementation

This document is a notification that has decided to introduce an Employee Stock Benefit Trust (J-ESOP). The introduction of the trust system is intended to improve employees' long-term motivation and share value with shareholders, but specific conditions, amounts, and methods of acquiring shares will be disclosed in the future.

Future Disclosure Schedule and Impact

Specific figures such as timing of implementation, scale of the trust, target shares, and exercise conditions are unknown, so they are expected to be clarified in future IR disclosures. Direct impact on financial statements is currently unknown, and the effect on shareholder value is expected to be long-term in line with the purpose of introduction, but short-term impact is unknown.