表示问&A

Last Updated: May 26, 2023

(2023年5月23日)

Medium-term Management Plan (FY2023-2025)

About Returns to Shareholders

公司为何将派息率目标由35%或更高提高至40%或更高?

(Kato) Our goal is to further strengthen returns to shareholders.

The Company has reconfirmed its total return ratio target of 50% or higher. 你说公司会酌情提供额外回报，这是什么意思? What is the basis for this approach?

为了实现上一财年的总回报率目标, the Company purchased 15 million shares of treasury stock. 十大赌博娱乐平台承诺在适当的时候提供额外的回报，这反映了公司在加强股东回报方面的灵活方法，同时密切关注十大赌博娱乐平台的现金状况和股票价格等指标的状况，以及各个领域的投资进展, 包括米&As, during the period of the newly disclosed Medium-term Management Plan.

About ROIC Management

回顾根据以前的中期管理计划为减少商业风险所作的努力, 在新的中期管理计划下正在考虑哪些举措?

(加藤)在之前的中期管理计划中，十大赌博娱乐平台采用ROIC作为管理KPI. In addition to raising ROIC in its own right, 十大赌博娱乐平台正努力控制资金成本，减少严重不当行为等事件的发生, and are consciously endeavoring to expand subsequent margins. 这些倡议也被纳入对各司业绩的评价, 在过去三年的中期管理计划中，哪些方面有所改善. 在新的中期管理计划下，十大赌博娱乐平台将继续努力降低风险，并努力进一步扩大利润率.

About Group-wide and Other Investments

计划要求增加这四个部门以外的公司开支. Can you provide us with details?

(Kamiwaki) Plans are in place to invest in R&D, 特别是BR和钙钛矿太阳能电池以及DX和ESG基础设施等大规模主题. 此外, 鉴于未来外币汇率波动的风险，十大赌博娱乐平台还预计将产生四个部门以外的公司费用.

When will the benefits of DX investments begin to emerge?

娱乐大发澳门赌博平台从上一个中期管理计划开始就投资了DX. 十大赌博娱乐平台预期这项投资的好处将在新的中期管理计划期间逐渐显现.

Can you elaborate on investments in human capital? When and what kind of benefits are you expecting?

村上:十大赌博娱乐平台计划在三年内投资120亿日元，在广泛的人力资本领域. 这包括扩大雇员的职业生涯、补偿和改善劳动条件. As far as the benefits of this investment are concerned, 十大赌博娱乐平台已经将挑战行动率确定为衡量效率程度的定量KPI. 以这种方式, 十大赌博娱乐平台制定了一个具体的中期目标，作为一种机制，通过它来确认员工为实现目标所面临的挑战和成就水平. 十大赌博娱乐平台相信这将有助于提高组织的生产力，并改善业务绩效.

About the HPP Company

*HPP Company; High Performance Plastics Company

根据新的中期管理计划，预计营业利润将大幅增长. What are the main areas of growth?

至少50%的增长将来自移动领域，大约30%来自电子领域. From a product perspective, 预计高性能层间膜和热释放材料以及SEKISUI AEROSPACE CORPORATION的营业利润将大幅提高. In the 电子产品 field, operating profit is forecast to improve in a variety of lineups, 包括mlcc和生物制品的粘合剂树脂等非lcd产品.

In which fields will heat release materials expand? Do you expect EV-related products to expand?

(Shimizu)随着电动汽车相关产品的增加，十大赌博娱乐平台预计移动出行领域的增长将达到70%左右. 预计电子行业将增长约30%，主要是半导体相关产品.

What can you tell us about build-up film growth?

(Shimizu) Although it will take a little more time, 十大赌博娱乐平台将通过充分利用十大赌博娱乐平台产品的各种优势，专注于商业化, including high durability and high transmission capability.

About the 住房 Company

就新的中期管理计划下订单数量的增长而言, 关于分割房和现成房的比例，你们的计划是什么? What is the basis for your thinking?

十大赌博娱乐平台预计，在新的中期管理计划下，订单数量的增加将全部来自细分和现成房屋. 十大赌博娱乐平台计划为首次购房者制定土地和细分住房策略, where trends are firm. With this in mind, we will engage in a variety of endeavors, including strengthening land procurement activities, pursuing high value-added, and utilizing the Town and Community Development business.

With the overall market shrinking, conditions for high-end customers are also expected to be difficult. 为了追求价值和提高ZEH和太阳能装置的比例，你认为提高单价的努力会产生什么影响?

(Kamiyoshi) With the decline in the number of high-end customers, especially in the rebuilding market, 十大赌博娱乐平台将通过向批量区首次购买者推广十大赌博娱乐平台工厂建造的住房产品的性价比和性能来保持和扩大十大赌博娱乐平台的市场份额. 客户对智能系统的认知度很高，ZEH比率每年都在增长. Our policy is to also promote and extend the sale of products, including storage batteries, to subdivision and detached houses.

What are the reasons for the planned increase in fixed costs?

(神吉)固定成本预计增长包括因COVID-19影响而推迟的宣传和活动费用. 这一预测的增长还将提高劳动力成本的因素考虑在内，目的是提高薪酬, strengthening systems, and investing in growth.

About the Medical Business

Operating profit is projected to increase substantially. What are the main areas of growth?

(Kamiwaki)十大赌博娱乐平台期待海外诊断业务的增长. Operating profit is forecast to increase on the back of expansion in 中国, mainly in blood coagulation testing equipment, and other products, including the POC simple rapid test primarily in the U.S. 根据之前的中期管理计划，对岩手工厂进行了投资, 医药新配料合同生产稳步增长. We believe this will also support growth.