Slide 1: Action to Implement Management that is Conscious of Cost of Capital and Stock Price (Update)
The following information was originally prepared and published by DeNA Co., Ltd. in Japanese as it contains timely disclosure materials to be submitted to the Tokyo Stock Exchange. This English translation is for your convenience only. To the extent there is any discrepancy between this English tra
Slide 2: Action to Implement Management Conscious of Cost of Capital and Stock Price (Background)
【Attached materials】 Disclosed November 10, 2025 Action to Implement Management that is Conscious of Cost of Capital and Stock Price (Background) • Based on the progress of the mid term strategy, performance trends, and the voices and requests from the capital markets, a review of the capital struct
Slide 3: Action to Implement Management Conscious of Cost of Capital and Stock Price (Outline Policy)
Disclosed November 10, 2025 Action to Implement Management that is Conscious of Cost of Capital and Stock Price (Outline Policy) • Comprehensive approach from both business and financial perspectives; promotion of the initiatives listed below toward target achievement ⚫ Aim for phased increase of th
Slide 4: Basic Approach to Capital Allocation
Basic Approach to Capital Allocation • Capital allocation follows the priorities below to agilely establish a structure capable of consistently achieving ROE of 8% or more • Updates of the growth strategy will be continuously shared with the capital market through opportunities including the full ye
Slide 5: Basic Approach to Capital Allocation
Basic Approach to Capital Allocation • Optimize the balance sheet and improve capital efficiency through capital allocation based on the aforementioned priorities • The specific actions for items marked with an asterisk (*) in the chart below have been determined and announced, with details provided
Slide 6: Initiatives for Reduction of Policy Shareholdings
Initiatives for Reduction of Policy Shareholdings • To improve asset efficiency through a review of policy shareholdings, the sale of the following investment securities has been determined Summary of the Sale of Investment Securities Investment securities held for purposes (Announced on February 27
Slide 7: Enhancing Shareholder Returns
Enhancing Shareholder Returns* • Decided to repurchase and cancel own shares as described below with the aim to provide shareholder returns and improve capital efficiency Details of the Repurchase Details of the Cancellation Class of shares Class of shares to be DeNA common stock DeNA common stock s
Slide 8: Enhancing Shareholder Returns
Disclosed February 5, 2026 Enhancing Shareholder Returns* • Based on the outline policy above, a comprehensive review of capital allocation is being promoted to achieve substantial and structural improvements in capital efficiency • With respect to allocating profit to shareholders through dividends