Mid-Term Plan MEX26 (June 5, 2024)

Key Initiatives of MEX26 Growth Strategy
Existing Businesses
(Portfolio)		 Expand business in 3 focus areas while continuing business distinction
New Business Focus on commercialization of all-solid-state battery while launching new themes for the future
Sales Strengthen technical sales personnel and expand sales through global sales organization
Management Foundation Focus on business efficiency and talent development through the standardization of core systems
Financial Strategy MEX26 cash allocation strategy

Updates on Mid-Term Plan MEX26 (April 25, 2025)

Business Strategy for profit growth
Existing Businesses
(Portfolio)		 Changed reporting segments to focus resources on the growth of the Analog Core Business Group
While making investments to increase production of core product, high-reliability small-size batteries, discontinue production of prismatic LIB and accelerate business distinction in the Energy segment
Drive business growth with product groups in 3 focus areas
New Business Expand applications of all-solid-state batteries for industrial equipment and small devices as planned
Sales Steadily strengthening sales with focus on increasing technical touchpoints with customers
Management Foundation Steadily implementing initiatives for common business foundation to enhance competitiveness
Financial Strategy to maximize corporate value
Growth Investment Steadily executing growth investments based on relationships with customers, such as primary batteries for medical devices
Shareholder Returns In addition to dividends, executed share buybacks to improve capital efficiency

Promote portfolio reform by enhancing distinction in existing businesses
while steadily strengthening sales and management foundation