Masahiko Uotani, Chairman and CEO Kentaro Fujiwara, President and COO PLAY LIST from the beginning Realize Full Recovery with New Management Structure WIN 2023 Review SHIFT from Defense to Offense Retarget Core Operating Profit of 15% For Further Global Growth Acceleration Japan Business: 3 Pillars for Growth Japan: Three Initiatives to Improve Profitability Japan: Work as One Team with the Field to Ensure Strategy Implementation China: For Mid-to-Long-Term Growth Capture Changes in China and Increase Market Share Full-fledged Market Entry into India Strategic Investment in Three Focus Areas to Ensure Mid-to-Long-Term Growth Continue to Strengthen Brands Centered on Skin Beauty BEAUTY INNOVATIONS FOR A BETTER WORLD EGAO To Be the Most Trusted Beauty Company Contribute to Society by Realizing D&I Further Strengthen Innovation and R&D R&D Structure Extended around the World Bring the Japanese uncompromising craftsmanship to the World PEOPLE (Employees) FIRST Management Philosophy Global Management Structure by Diverse People For the Next 150 Years of Growth, for Employees to Achieve Self-Growth and a Fulfilling Life Shiseido Future University @ Back Next