Pure investment, and as circumstances warrant, engagement activities aimed at enhancing the issuer's medium to long-term corporate value through constructive dialogue with and advice/proposals to the issuer's board of directors, directors, management, and other related parties. The issuer is a leading company in Japan's retail industry, both in quality and scale, with department store operations as its core business, and owns and operates real estate in Japan's premier commercial districts. However, modified ROE and modified ROIC calculated on a market value basis are low, and considering real