TOP STATEMENT

　Our efforts to enhance corporate value are not simply a matter of balancing social and environmental value with business profit. Our goal is to establish a structure that transforms social and environmental value itself into sustainable business profit.
　A central pillar of this approach is the introduction of the Kuraray PSA System^*1, which we use to objectively evaluate the sustainability of our product portfolio. We have quantified social and environmental value using proprietary metrics and made this a key criterion in our business portfolio strategy. Furthermore, we have set the internal carbon price under ICP^*2 at a level of ¥10,000 per ton, incorporating future environmental risks and value creation into our capital allocation decisions.
　We see circular business models and low-carbon materials not just as a response to regulations, but as critical factors for maintaining our competitiveness over the longer term. We are also steadily advancing our 2035 greenhouse gas (GHG) reduction target—one thrust of our efforts to obtain SBT^*3 validation—as one of the initiatives that will ensure we remain the preferred choice in markets in the future.
　We will also proactively address the biodiversity conservation trends identified by the Taskforce on Nature-related Financial Disclosures (TNFD), leveraging our technical expertise. We continue to pursue initiatives with an awareness of the role that a chemical company should play in shaping the next generation of market standards.

　We will capitalize on advanced technologies and materials expertise to address social challenges and drive long-term profit growth. We will use the profits gained from these efforts to tackle our next challenges and pioneer new technologies.
　Since our founding, our approach to value creation has centered on building a virtuous cycle in which generating profit and addressing social issues reinforce each other. We will continue to drive this cycle forward with determination.
　The world is changing at an unprecedented pace. Geopolitical risks are becoming more pronounced, environmental regulations are growing increasingly strict, and generative AI is making rapid strides forward. Viewing changes in this kind of external environment as opportunities, we will drive transformation within the Kuraray Group for the next 100 years. This is my commitment as President.
　As we move through this historic turning point, we are embracing new challenges for the future. We kindly ask for the continued support of our shareholders, investors, and all stakeholders.