Although our company receives a 24.95% investment from the Norinchukin Bank, our executives and employees own the majority of voting rights. We operate independently and always block non-public information regarding individual transactions with the Norinchukin Bank Group.　One part-time director (hereinafter referred to as the “Dispatch Director”) has been dispatched to our company from The Norinchukin Bank, but as a general rule, our Company does not have the Dispatched Director involved in individual transactions, and the Dispatched Director does not be involved in individual transactions, and our Company does not provide non-public information to the Dispatch Director, nor the Dispatch Director receives non-public information.　In addition, the Norinchukin Bank may become an LP investor in funds managed by the Company, but in this case, we do not involve the Norinchukin Bank in individual transactions, nor does the Norinchukin Bank be involved, and we do not provide non-public information to the Norinchukin Bank nor does the Norinchukin Bank receive non-public information beyond the contractual rights it has as an investor.　For this reason, individual transactions related to our business are not subject to centralized identification and management by the Norinchukin Bank’s conflict of interest management department.