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Message to Shareholders

承認:エディタ

I would like to begin by expressing my sincere gratitude to the Company’s shareholders and investors for their ongoing support.

Amidst the continuing uncertainties, including rising prices, the situation in the Middle East, the impact of continued high interest rates in Europe and the United States, and concerns about the future of the Chinese economy, the Yasuda Logistics Group worked to establish a business structure capable of generating more growth, guided by the basic strategies of our medium-term management plan, YASDA Next Challenge 2024. In the logistics business, the Company opened Kazo Logistics Center in Kazo City, Saitama Prefecture in April 2024 to serve as a distribution base for pharmaceutical products, and in the real estate business, the Company has promoted the redevelopment of its real estate holdings, including the construction of Yasuda Building No.8 (scheduled for completion in December 2024) in the Tsuruya-cho district at the west exit of Yokohama Station.

In addition, we have installed solar power generation equipment in our logistics centers as part of our sustainability efforts, developed a new cloud-based comprehensive logistics management system to promote digital transformation, and introduced AI technology and other technologies at our logistics sites.

As we move forward with these initiatives, we ask for the continued support of the Company’s shareholders and investors.

December 2024

Kazunari Ogawa
President and CEO
Yasuda Logistics Corporation