Status of Dialogue with Shareholders and Investors.

1. Dialogue with Shareholders and Investors

Fiscal Year 2025 Results (From April 1, 2025 to March 31, 2026)

Results Activities Respondents
Earnings
Presentation
Twice a year
(In May and November)
  • Progress of Achievements and
    Full-Year Performance Forecast
  • Progress of the Medium-Term Management Plan 2025

President and CEO

Senior Managing Director

Director
(President of Operating Company)

Senior Managing Executive Officer
(Human Resources Strategy)

Managing Executive Officer
(Corporate Management)

Small Meetings Twice a year
(In May and November)
  • Approach and Growth Strategy for the Next Medium-Term Plan
  • Competitive Environment of the Business
  • Approach to Optimal Capital

President and CEO

Director
(President of Operating Company)

Managing Executive Officer
(Corporate Management)

Executive Officer
(IR)

Executive Officer
(Sustainability)

Individual Meetings with Institutional Investors Total of
45
companies
  • Meeting Participants:
    Analysts, Fund Managers,
    Proxy Voting Representatives,
    etc.
  • Domestic and International Ratio:
    Domestic 70%, Overseas 30%
IR Department

2. Key Themes of the Dialogue

Business Strategies

  • Approach to the Next Medium-Term Management Plan and Growth Strategy
  • Approach to Optimal Capital
  • Business Portfolio (Growth Investment Areas)
  • Cash Allocation (Including Shareholder Returns)

ESG

  • E:Progress on Carbon Neutrality Initiatives
  • S:Efforts in Human Capital Management
  • G:Policy on Strategic Shareholdings

Others

  • Competitive Environment of Each Segment
  • Current Status and Responses Regarding Talent Acquisition
  • Status of Strategic Shareholdings by Each Non-life Insurance Company

3. Examples of Dialogue

Examples of Dialogue

Shareholders or Investors

TOKAI Holdings Corporation

Approach and policy for the Next Medium-Term Management Plan
  • The next medium-term management plan will promote both business profit expansion and enhanced shareholder returns, aiming to maximize corporate value.
  • Business profit expansion will be achieved through portfolio management that drives profit growth and improves asset efficiency.
  • Regarding enhanced shareholder returns, the plan will focus on stable dividends and flexible share repurchases, properly controlling equity capital to build an optimal capital structure.
How does the company plan to expand its market share amid the decline in the number of households consuming LP gas domestically?
  • Regarding the LP gas business, we intends to expand nationwide and continue pursuing M&A activities.
  • In July 2025, the company acquired an LP gas operator in Matsuyama City, Ehime Prefecture through M&A.
  • Although there are approximately 15,000 LP gas suppliers in the market, it is anticipated that the number of businesses exiting the market will increase due to labor shortages and lack of successors. The company will actively seek to acquire such businesses.
How is the company addressing talent acquisition?
  • In addition to hiring approximately 150 new graduates each year, we actively pursue mid-career recruitment to secure a diverse workforce.
  • For sales positions, rather than seeking only highly experienced and skilled individuals, we focus on proactively hiring and developing candidates with motivation and initiative, believing this to be the most effective talent strategy.
  • By addressing both talent acquisition and development, we aim to enhance corporate competitiveness and create sustainable corporate value.

4. Status of Feedback Implementation

Opinions and issues obtained through discussions with investors, analysts, and others will be shared in a timely manner.

Feedback Method

Timely information will be shared with members of the Board of Directors, management meetings, and executive officers, and is reflected in the management strategy.

Feedback Method