For Shareholders and investors

1．POLICY

Our group has established the corporate philosophy of 'Integrity,' 'Progress,' and 'Challenge,' and has adopted the Corporate Slogan 'Caring for the Future, Carrying the Future,' as well as formulating a medium- to long-term group management vision.

With outstanding expertise and execution, we continue to deliver new value to our customers and society

Our company has always been and will continue to utilize our integrated domestic and international logistics network to provide high-quality logistics services. All employees take on challenges and aim to realize our vision. nding expertise and execution, we continue to deliver new value to our customers and society

2．Medium-Term Management Plan

Our company has formulated the 8th Medium-Term Management Plan "NEXT CS-100," covering the period from FY 2025 to FY 2027.

The CS of "NEXT CS-100" embodies the meanings of "CHUO SOKO" and "Challenge Spirit," further developing the spirit of the 7th medium-term plan "TRY," boldly challenging high goals for the next 100 years, and striving to realize the Corporate Slogan and medium- to long-term vision.
Specifically, as growth areas, we will expand transactions of imported chemicals and related products, participate in the supply chains of leading companies, and further strengthen circular businesses and transportation-related operations. To expand the logistics network, we will build a new warehouse in Ama City, Aichi Prefecture, and establish a domestic multimodal transportation network. To improve profitability, we will promote DX jointly with business partners and enhance productivity and quality through enhanced human resource training to reduce costs and improve profitability.
We have also begun discussions on the next core system, including intranet reconstruction and PC upgrades, as well as system infrastructure improvements. In addition, we will continue implementing measures to realize management with consideration for capital costs and stock prices, secure and develop diverse talent to support sustainable growth, and work to retain talent through increased engagement.

[Basic Strategy Policy]

1. Building new revenue models through continuous challenges in growth industry sectors
2. Further expansion of domestic and international logistics networks
3. Improved profitability through high operational quality and added value creation
4. Achieving high production efficiency through enhanced information systems
5. Maintaining a sound financial structure and executing financial and capital strategies that emphasize capital efficiency
6. Strengthening Sustainability (Environment, Human Capital Investment, Governance) Initiatives

The 8th Medium-Term Management Plan "NEXT CS-100" sets the following figures as the targets for FY 2027 and will implement optimal cash allocation balancing growth investments with capital efficiency improvements.

Our company implements timely and precise capital policies to contribute to sustainable growth and medium- to long-term enhancement of corporate value. Regarding dividend policy, our basic policy is allocation that prioritizes shareholder interests while maintaining an appropriate financial structure based on the nature of our business.
Under this policy, during the period of the 8th Medium-Term Management Plan, we will conduct flexible share buybacks while monitoring supply and demand trends, and for dividends, we will implement progressive dividends by maintaining or increasing the previous fiscal year's dividend amount, taking into account current and future consolidated results and financial soundness.
Furthermore, to ensure the common interests of shareholders, we will continue to implement countermeasures regarding large-scale acquisition of our shares subject to the approval of shareholders at the general meeting.