In addition to the recovery in our current performance, we are also working on reforms looking toward medium-to-long-term growth, and we are pursuing business structure reforms with the reorganization of the domestic business foundation and strengthening of the retail service strategy that we set out when I took office as our growth strategy axes.

On December 27, 2024, it was resolved to begin deliberations on integrating and restructuring the core businesses of the Group, re-examining the business portfolio from a perspective of profitability and capital effectiveness improvement. On April 1, 2026, a new company will be launched through the merger of four companies: Melife-West Co., Ltd., Melife Co., Ltd., Melife-East Co., Ltd., and Sinanen Co., Ltd.

Furthermore, we are also strengthening our efforts to contribute to decarbonization. In addition to selling carbon-neutral LP gas and electricity 100% procured from equivalent renewable energy sources, we will also create new businesses that include low-carbon solutions.

By steadily proceeding with these transformation, we stay close to every customer in every region, and our mission is to continue to be a company that our customers are thankful for, trust, and choose.

The growth of each individual employee is essential to achieve this.

"Profit lies on the ground." "Profit lies outside." "Profit lies in people." These are my management beliefs, and the driving force to transform the Company and grow is people. We will accelerate company transformation based on the dual axes of individual employee growth and company growth.

The Group is approaching its 100th anniversary in 2027. Starting from making solid fuels such as coal briquettes and charcoal briquettes, we have fulfilled our responsibility as an energy company and have operated a wide-ranging business to support society and customers in various shares while changing products and services based on the changes in the times.

In addition, in order to be a company that is rooted in the community and loved by the community even after the 100th anniversary of our founding, we will mobilize the full power of the Group to realize a transformation into a service company that provides one-stop solutions to the issues faced by people and businesses living in the region and continue to light this "flame of energy" as a "flame of service."