Shareholder Survey

Comments from Shareholders and The Company's Response (excerpt)

• It is pleasant to have preferential treatment for long-term holding. In addition, the desire to hold shares increases when they are incremental benefit tiers based on the length of continuous holding, such as 3 years or more and 5 years or more.
  

  Our shareholder benefit program currently offers incentives for shareholders who have held their shares continuously for one year or more. In 2022, we made revisions as needed to enhance the appeal of investing in our shares, such as changing the distribution of shareholder benefits to twice a year. We will continue to consider incentives based on the length of continuous holding.
  https://www.kanaden.co.jp/en/ir/stocks/

• I hope the company will engage in areas that support Japan, such as defense-related businesses, infrastructure, and IoT technology solving social issues.
  

  As an "Electronics Solutions Company", The Company offers solutions that help solve a variety of issues, such as reducing the number of workers, decarbonizing, and building a foundation for safe and secure society. In terms of our focus areas, we are striving to increase productivity through the use of IoT and automation technology, as well as to expand our defense/healthcare and environmental solutions businesses. We will continue to explain our initiatives in an easy-to-understand manner through specific case studies.
  https://www.kanaden.co.jp/en/business/

• We look forward to your continued focus on share price-conscious IR activities.
  

  In the current fiscal year, we are working to improve to a level exceeding a PBR of over 1x, and we sincerely consider this to be a result expected by our shareholders to grow further. We will not make this evaluation a temporary one, and aim to further improve it, and we will enhance the disclosure so that you can better understand our growth strategy and measures to improve capital efficiency.

• We would like you to participate in various IR events, etc.
  

  For individual investors, we hold corporate briefings for individual investors in order to make The Company widely known. On our website, we post videos and transcripts of the briefings. Fiscal 2026 will be a key milestone in the launch of the next Medium-Term Management Plan. To this end, we will expand our opportunities to communicate The Company's growth-oriented initiatives to our shareholders and investors.
  https://www.kanaden.co.jp/en/ir/investor/

• I want you to work on raising your name recognition.
  

  The Company is engaged in businesses that support a wide range of industries and social infrastructure, and we recognize the importance of gaining the understanding of many people in order to obtain appropriate evaluation. We will continue to enhance our IR activities to raise awareness among institutional investors and individual investors.