Overview Key strengths Key risks Maintenance of a business base and scale in electric power and social infrastructure in Japan and abroad Core business' earnings likely to continue lagging peers?, reflecting its market position and competitiveness Relatively stable energy and infrastructure businesses that are likely to support earnings recovery Performances of equity-method affiliate Kioxia, and semiconductor and hard disk drive business, which is susceptible to economic fluctuations, could weigh on overall earnings A financial position that remains highly leveraged over the next one to two years due to its large leveraged buyout debt obligations Continued maximization of shareholder value through high financial leverage under its financial sponsor This is largely due to reductions in fixed costs and reserves. The company
