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October 2009 in the part related to the operation of derivatives exchange, which had been in effect prior to the effective date of this Notification, shall remain in full force to the extent that they are

when comparing to the same period of the prior year as the increasing in fuel material cost from increase in average natural gas price, thus sales in the portion of natural gas power plant electric power

with continued growth in card spending. However, although the overall economic growth rate of the country has a better outlook, it is lower than the situation prior to the Covid-19 pandemic, especially

continued decrease in sales of these primary products was due to the surge in demand for IT products to support remote working and learning during COVID-19 in prior years. As the COVID-19 situation improved

the 700MHz 5G rollout in the prior year and leveraging TTTBB’s larger broadband footprint. The optimized spending is in line with the business ambition to bring in and maintain quality customers through

rate of the country has a better outlook, it is lower than the situation prior to the Covid-19 pandemic, especially the government investment and consumption, although it has a better outlook since the

uncertainties. All statements, other than statements of historical fact contained herein, including, without limitation, those regarding the future financial position and results of operations, strategy, plans

OPEC’s lowered heavy crude export after production limitation were put in place since the past January. While the closure of Japanese refineries 10 | Management Discussion and Analysis of Business