Reasons for nomination as a candidate for Outside Director and expected roles

In addition to broad experience in overseas businesses and businesses targeting general consumers, Ms. Sachiko Awai also has knowledge and experience in corporate activities as a corporate manager. She has been providing appropriate advice from a fair and objective position as Outside Director.
Based on these achievements, we nominated her as candidate for Outside Director in the belief that she is an essential person for realizing sustainable growth of corporate value of the Company.
By utilizing her abundant management experience in overseas business and businesses targeting general consumers, the Company expects her to play a role to supervise the Company’s management from an objective perspective independent of business executors.
(42nd Annual General Meeting of Shareholders)