Cross-held stocks

To contribute to the increase in mid-to-long-term corporate value, the Company holds the shares of some listed companies, mainly those of its clients or business partners, for cross-shareholding, considering its business strategy, marketing, and other policies comprehensively. In those cases, while monitoring the relevant cross-shareholders' business conditions, the Company annually assesses the importance and rationality of holding their shares. Suppose the necessity to continue having any stock becomes less, or it loses its meaning; we will consider the sale or disposal of the stocks as appropriate, based on the share price, market trend, and other factors. The result of the above assessment on the appropriateness of having individual stocks, the details of their sale or disposal, if implemented, and other matters relating to cross-shareholdings will be reported to the Board of Directors annually and when required.

The Company makes it a rule to hold the shares of other listed companies for cross-shareholding only where such shareholding is necessary for implementing its key business strategies, and it is now trying to reduce cross-shareholdings.

Number of Issues and Amount on Balance Sheet

Note: There are no stocks whose number issued increased or decreased in FY2024.