Since our establishment, we have been providing high-quality products that enhance customer value in the fields of railway signaling solutions and traffic management solutions within the signaling solutions business, as well as power supplies for industrial equipment in the power electronics business, prioritizing safety and reliability. Since the fields in which we develop our business are highly social and public, we have a responsibility to stably supply high-quality products. We will promote management integration with the Kyosan Group, aiming to establish a solid management foundation over the long term and enhance shareholder value.

Our three-year medium-term management plan, KYOSAN Next Step 2028, was started in April 2025. Aiming to create new values (customer and social value, corporate value, and human resource value) as outlined in our latest corporate philosophy, we will work to address materiality (important management issues). We will also expand our business and achieve coexistence with society through ESG (Environmental, Social, and Governance) management.

In particular, we recognize that further strengthening corporate governance is essential for improving corporate value through the Group's permanent growth. We will endeavor to enhance management value by building strong relationships with all stakeholders through transparent information disclosure and active dialogue with shareholders, starting with a review of the roles and responsibilities of the Board of Directors, among other initiatives.

We appreciate the continued support and encouragement of all our shareholders and investors.