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Message to Our Shareholders and Investors

Message to Our Shareholders and Investors

Working toward Sustainable Growth and Evolution

Dear shareholders,

I would like to express my sincere gratitude to our shareholders for their continued support.
The automotive industry is undergoing a once-in-a-century revolution known as the CASE Revolution, and we cannot lose a single moment of time in addressing climate change. In order to continue growing beyond the time of transformation, we have been promoting our new management strategy (“Action for the global environment", "Establishment of EV-related business", "Improvement of the diversity of human resources", and "Transformation of existing businesses") since May 2021. This fiscal year ended March 31,2022, we made significant progress, particularly in these two strategies out of four, “Action for the global environment" and "Establishment of EV-related business".

Although the business environment will continue to be challenging, the main principle of corporate management is to grow and generate profits in any environment, and return those profits to shareholders and employees. In order to become a "resilient company" that can promote sustainability initiatives through our business and transform changes into "challenges" and "opportunities for growth," we will decisively implement reforms without any hesitation, and take a strong and speedy approach to management. I would like to sincerely ask all of our stakeholders for their continued support.

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