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## Investments in Securities Held for Other Than Purely Investment Purposes 

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• Stocks and amounts on the balance sheet of investments in securities held for reasons other than purely investment purposes are as follows: 

7 stocks ¥4,002 million 

• Listed Investment Securities Held for Reasons Other Than Purely Investment Purposes 

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## Defense Against Hostile Share Acquisition 

The JS Group Corporation considers it desirable that many of its shareholders own its shares for medium- and long-term periods. Our policy is to improve our business results, thereby raising our corporate value and in turn earning our shareholders’ support. We have therefore estab- lished no special measures as a defense against hostile acquisition bids for our shares. 

## IR Activities 

The JS Group Corporation regularly holds explanatory presentations for analysts and institutional investors about its financial settlements, management policies and suchlike around the time of the announcement of earnings reports. The Company representatives themselves speak to the audience at these meetings. 

The Company also pays visits to overseas institutional investors three times each year, during which our representatives personally explain the financial results and management poli- cies of the Group. 

The JS Group Corporation website (http://www.jsgc.co.jp/e/) carries an array of IR materi- als, including annual reports. In addition, the Company has a department that specializes in investor relations. 

