Masahiro Sugino President and Chief Operating Officer JS Group Corporation Annual Report 2010 13 Interview With the President Seven Questions for President Masahiro Sugino In this interview, Mr. Sugino answers questions about topics  such as the Group’s performance in the year ended March 31,  2010 and forecasts for the year ending March 31, 2011, as well  as key strategies for raising corporate value. Q1. Business Results and Forecasts  .....................page 14 Q2. Segment-based Management System ...............page 15 Q3. Structural Reforms and Synergy Creation ...........page 16 Q4. M&A Strategy  . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . page 17 Q5. Overseas Development  ...............................page 18 Q6. Developing the Domestic Housing Stock Market ...page 19 Q7. Dividend Policy and Corporate Value ................page 20