In effect, we have moved back our original plans roughly one year. This is because we believe that COVID-19 will continue to have an impact, especially on the 流动性 field of our HPP Business and the 住房 Company, which is distinguished by the lead time from order to sales. 十大赌博娱乐平台估计，新冠肺炎疫情将在一年左右的时间内消退，经济状况将恢复正常.

No changes have been made to the investment plan. 该计划旨在帮助进行必要的准备工作，以便在新的中期管理计划的三年期间实现十大赌博娱乐平台的长期愿景. Leveraging debt, we will invest aggressively in growth.

Our highest priority is to secure synergies with existing businesses. We will therefore target fields in which synergies can be realized. In addition to sales and other channels where we can expand existing businesses, we will invest in the acquisition of technologies that provide an extension to our current portfolio . 十大赌博娱乐平台也在考虑培育企业 .

We will look to strike a balance between increasing ROIC and investing in growth. 十大赌博娱乐平台将把ROIC作为比以往任何时候都更加注重投资回报和加强住宅销售用地等库存管理的努力的一部分，同时积极进行以销售额翻一番为目标的投资。, 这是十大赌博娱乐平台长期愿景的关键目标.

是的，十大赌博娱乐平台相信是这样. We envisage exponential growth in line with our 长期愿景.

这在很大程度上要归功于十大赌博娱乐平台以UIEP公司为重点的业务结构改革取得的进展, 根据以前的中期管理计划, we eliminated virtually all underperforming businesses. Because of the shift in people's behavior as a result of COVID-19, and the ever-present potential for change in the structure of the economy over the long term, we will continue to promote structural reforms in response to ongoing change.

就交叉持股而言, 董事会每年召开会议，从资本成本的角度审议所有权的重要性和好处. Shares that are deemed as unnecessary and subsequently sold. We will continue to maintain this policy going forward. As far as our principal equity-method affiliates, Sekisui Jushi Corporation and Sekisui Plastics Co.有限公司., 担心, we will maintain the current level of ownership in order to sustain and develop existing business ties.

以人力资源为例, 推进作风改革，着力提高留任率等质的效果. We also believe that this initiative will make it easier to recruit outstanding employees . 就环境而言, 通过可再生能源减少温室气体排放，通过数字化转型防止重大事故发生. Through these and other means, we hope to improve corporate value.

与一般投资相比，十大赌博娱乐平台略微降低了预期回报水平，以减轻在增加投资机会时业务决策的负担. Moreover, we have established the 可持续性 Committee . In addition to deliberating on the objectives and effects of investments, 十大赌博娱乐平台正在关注某些指标，包括员工保留率和重大事件的数量，以衡量效率.

We positioned Environment-contributing 产品 as a driving force for improving corporate value. 十大赌博娱乐平台重新审视了对环境有贡献的产品的定义，并采取措施，在新的中期管理计划下引入对可持续发展有贡献的产品，以发展这一概念. Sales of Environment-contributing 产品 totaled 658.2019财年预算为50亿日元. 这占集团总销售额的58%. 十大赌博娱乐平台预计，到2022财年，可持续贡献产品的销售额将扩大到8000亿日元，占总销售额的66%.

Sekisui Chemical Group is highly regarded by customers for its ability to contribute to solving social issues . 盈利能力也很高.

The main reasons for the decline include the impact of the yen's appreciation, 业绩下滑主要是由于飞机领域业务状况的突然恶化以及随后对最近收购的关井航空航天公司的运营造成的影响, and the increase in goodwill amortization expenses. 然而, 排除这些因素, 十大赌博娱乐平台认为，由于旨在降低成本和进行结构改革的成功努力，盈利能力正在稳步提高.

We always incorporate pessimistic scenarios when formulating measures. 十大赌博娱乐平台打算在坚持盈利计划的同时，提前实施降本和结构性改革措施.

就采购而言 , 十大赌博娱乐平台正在考虑实施各种措施，包括使用数字化转型以及集中和多重采购. Going so far as to include other divisional companies, we will also focus on improving the efficiency of logistics not only in 日本, 而且在全球范围内 .

While the ratio of sales to Boeing is high, we will work to diversify revenue sources going forward. In specific terms, we will look to develop and expand sales of high-value-added engine components. We will also promote collaboration with the UIEP Company's, 开展板材业务和医药业务，推动医药检测设备元器件的开发和销售. At the same time, we will make every effort to improve productivity.

The downturn in houses for sale (ready-built houses) is small compared with total constructions starts. 相对而言，需求也是稳定的. As a result, we will focus on this areas under our new Medium-term Management Plan. With a large number of houses for sale in the 25 million yen or lower price range, 物价有轻微下跌的趋势. Sekisui化学集团计划，利用住宅生产工厂的休业期，提高开工率(大规模生产效应)，减少损失，从而提高每栋房屋的收益性.