Overview of Organizational Strategy

To execute the business strategy outlined above, the Kyorin Group must energize all of its people and organizations. We will work to become a leading company for job fulfillment, one in which employees can feel a sense of pride and trust in the company and its organizations, and in which all Group employees are united in their work.

In the formulation of its long-term vision and medium-term business plan, the Kyorin Group has reaffirmed the importance of its founding spirit, that "A business is as good as its people," and has decided to adopt people-oriented management. It is valuing our employees, and energizing our people and our organizations, that will drive the execution of our business strategy, and we recognize these as the most critical issues in achieving results. To accomplish this, under HOPE 100, we will strive to become a leading company for job fulfillment, one in which employees can feel a sense of pride and trust in the company and its organizations, and in which all Group employees are united in their work. The first steps towards realizing this goal under HOPE 100 Stage 1 will include efforts to rebuild our human resources management in every Group company (hiring, training, evaluation, promotion, assignment, compensation, and benefits), and to revitalize communications.