Basic Policy on the Business Portfolio

To achieve sustainable growth and raise corporate value over the medium to long term, Yoshinoya Holdings will further increase added value while shoring up its foundation of existing businesses, as well as work to erect a third business pillar by taking on the challenge of new business fields. We will analyze and evaluate the growth potential of each business, return on capital, and new business initiatives based on capital costs, and execute business portfolio-related strategy while making revisions as necessary through deliberations by the Board of Directors.