Engagement Activities

5 October 2018 Letter to CEO:
   Follow-up JPY1.1 trillion share buy-back

28 May 2018 Letter to CEO:
   i. Set a JPY1.1 trillion share buy-back program ahead of the upcoming AGM and implement this as soon as possible
   ii. Implement a transparent and appropriate capital allocation policy
   iii. Reiterate the board’s commitment towards the restructuring of existing business units and avoiding premature M&A activity