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Yao

Research Analyst at Nikkei newspapers

Yao's questions to TOYOTA MOTOR CORP/ (TM) leadership

Question · Q3 2026

Yao from Nikkei newspapers questioned Incoming CEO Kenta Kon about potential conflicts of interest arising from his dual role as a Toyota Fudosan board member during the ongoing TICO TOB project and his new position as a representative director of Toyota Motor Corporation. He also asked about any planned changes to Kon's role at Toyota Fudosan.

Answer

Kenta Kon, Incoming CEO, clarified that he has not participated in Toyota Motor Corporation's decision-making regarding the TICO TOB, with an information blockade in place. He assured that conflict of interest management for the TICO transaction would continue effectively. Kon confirmed that he would remain a board member of Toyota Fudosan during the TOB period.

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Question · Q3 2026

Yao from Nikkei Asia questioned Kenta Kon about potential conflicts of interest concerning the ATICO TOB project, given his board membership at Toyota Fudosan, and whether his role there would change.

Answer

Kenta Kon, Incoming CEO, clarified that he has not participated in Toyota Motor Corporation's decision-making regarding the ATICO TOB due to an information blockade. He confirmed he would continue his participation from his Toyota Fudosan board member position as an offerer, ensuring proper management of any conflict of interest.

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