To our valued shareholders, we sincerely appreciate your continued support.

In August 2023, we marked the 40th anniversary of our founding while simultaneously commencing our 41st year in business. The global economic environment has seen the yen depreciation, rising prices, and the international community's diversification and fragmentation due to geopolitical risks. However, with the lifting of COVID restrictions, global travel has resumed, and signs of economic recovery through inbound tourism have returned.

Embracing this change as an opportunity, this fiscal year marks a shift from "defense" to "offense." We will actively invest and aim for further growth. Domestically, we will accelerate the reform of existing businesses, and internationally, we will construct new sales platforms for a full-fledged entry into the health-conscious U.S. market.

With a Glocal (global + local) perspective connecting local industries with the world market, we, as a group, will provide sustainable products and services that are conscious of both people and the Earth. We strive to bring joy and inspiration to our customers, whether they are in our local neighborhood in Shizuoka, throughout Japan, or abroad.

We sincerely request your continued understanding and support.