The MS&AD Insurance Group worked to improve the effectiveness of the Board of Directors in line with the basic strategy specified in the previous medium-term management plan, Next Challenge 2017, which defined “Strengthening of Group governance” as one of the four drivers for promoting the plan. Under the current medium-term management plan, Vision 2021, we will also reinforce our corporate governance system to ensure transparent, fair, rapid and decisive decision-making in order to achieve sustainable growth of the Group and enhance its corporate value.