Addressing climate change risks is pursued by the REIT Division ESG Committee as one of its ESG initiatives. Details about the ESG Committee are reported to Tosei Reit's board of directors and the Asset Management Company's board of directors as needed. [...] At the Asset Management Company, integrated management of company-wide risks is handled by the Risk & Compliance Committee, which reports directly to the board of directors. [...] Among the company-wide risks, Tosei Reit's climate change-related risks and opportunities, which are of particularly high importance and should be managed using a framework based on the TCFD's recommendations, are overseen by the REIT Division ESG Committee under the supervision of the board of directors. The REIT Division ESG Committee incorporates the applicable risks into the integrated management process for company-wide risks by sharing and collaborating with the Risk & Compliance Committee as needed.