Notice Regarding Establishment of Chief Executive Officer System and Executive Officer Personnel

Overview of Organizational and Personnel Changes

This IR release announces the resolution to establish the position of Chief Executive Officer to strengthen the management structure. In addition to executing and managing assigned duties, the Chief Executive Officer will be responsible for executing and overseeing operations judged to be particularly important based on management policies and company-wide management objectives, aiming for sustainable growth and improvement of corporate value over the medium to long term. Additionally, executive officer personnel changes will take effect on October 1, 2026, with Masakazu Shikano appointed as Chief Executive Officer and Head of the President's Office.

Impact on Investors and Outlook

This reinforcement of the management structure appears aimed at long-term enhancement of corporate value through faster strategy execution and strengthened oversight of key matters. The immediate direct impact on financial indicators is unknown from the text, but stabilization of the management structure and acceleration of decision-making are expected. The personnel changes take effect on October 1, 2026, and attention will be on how this is reflected in future performance trends and the medium-term plan.