Masahiko Moriyama
President & Consultant Director
That is Moriyama from T&D Holdings. Thanks very a lot for taking the outing of your busy schedules to attend our group’s long-term imaginative and prescient briefing right this moment.
Immediately, I’ll first evaluation our earlier group long-term imaginative and prescient after which clarify our new group long-term imaginative and prescient. The content material I’ll cowl right this moment contains the KPIs and an outline of the important thing initiatives. Particulars of particular initiatives by every subsidiary might be defined on the IR briefing scheduled for June 5.
Now I’ll start with a evaluation of our earlier group long-term imaginative and prescient. Please flip to Web page 4. The monetary KPIs below the earlier long-term imaginative and prescient have been progressing usually in keeping with the plan. Adjusted ROE and group adjusted revenue achieved the targets 1 12 months forward of schedule within the fiscal 12 months ended March 2025. We count on additional progress within the fiscal 12 months ending March 2026.
As for ROEV, though there are year-to-year fluctuations, the typical as much as the third quarter of the fiscal 12 months ended March 2026 exceeds our medium- to long-term goal of seven.5%. However, for brand spanking new enterprise worth, attributable to elements similar to adjustments in insurance coverage assumptions, revisions to the final word ahead fee and the introduction of mass give up danger, reaching the preliminary

