Takeover Defenses

In corporate governance code, measures that are intended to bring the effect of anti-takeover measure should not be for the purpose of protecting management or the board of directors.
Regarding its implementation and operation, the board of directors and corporate auditors should firmly examine the necessity and rationality to ensure appropriate procedures, and provide sufficient explanation to shareholders.
We recognize that continuing sustainable growth and improving corporate value is the most important management issue.
Although anti- takeover measure have not been implemented nor planned to be implemented at the moment, we will consider the necessity and rationality of it and ensure appropriate procedures to give enough information to shareholders.