Volatility Management sectors mainly focus on television and mobile communications businesses. These companies operate in markets characterized by high volatility and challenging competitive landscapes for Sony. Due to increasing competition from companies like Apple, Samsung, Huawei and Xiaomi. Sony believes the company has been at a disadvantage in the market for television and mobile communications products. Part of Sony's plan to restructure its VM business involves selling some of the company's public shares. Maintain the existing business structure of the company. Due to the changing business landscape, Sony is considering merging with other companies so that it can continue to produce products without leaving the market. As both markets face intense cost competition and commoditization, “Sony will strive to further increase the added value of its products. products by leveraging its internal technologies and components.” This will involve Sony carefully considering the territories and product areas it targets, Sony will seek to limit its capital investments and establish a business structure capable of securing stable profits. The Company will also continue to explore potential alliances with other companies in these areas, in response to industry developments..