【ノート】
・ Our shareholder return policy of returning approximately 50% of Group Core Profit to shareholders in the medium term remains unchanged.
・ We recently announced this fiscal year’s second share buyback.
・ We have improved underwriting results through a number of initiatives and have enhanced our confidence in achieving target management indices. However, this situation does not seem to be fully reflected in our stock price. We have thus decided to perform share buyback.
・ Our policy to return 50% of Group Core Profit in the medium term remains unchanged. In principle, we aim to pay dividends and to increase them. Since we expect that the Group Core Profit will increase from the 100.0 billion yen level, in addition to paying stable dividends and to steadily increasing them, we will need to perform share buyback in accordance with the increase in the medium term.
・ We will continue constructive communication with shareholders and will strive to live up to their expectations.
・ This concludes my presentation.
・ Thank you for your attention.