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Message to Shareholders and Investors

I would like to begin my message with my sincere condolences to the people who suffered losses caused by the Noto Peninsula Earthquake that occurred in January 2024. I wish for the earliest possible recovery and restoration of the areas affected.

SAN HOLDINGS celebrated its 90th anniversary in 2022. We used this milestone to announce a New 10-Year Vision of what we want our organization to be in 2032, the 100th anniversary of our founding. As one step for accomplishing this vision, a medium-term management plan covering the three-year period ending in March 2025 is under way. Growth of the funeral business is a key goal of the current medium-term management plan. In January 2024, we made a big step toward accomplishing this goal by signing an agreement to make Tokyo Ceremony Co., Ltd., a wholly owned subsidiary. The following April, this company was absorbed by KOEKISHA CO., LTD. For progress concerning growth of the end-of-life support business, another key goal of the plan, we announced in February the divestiture of the customer services unit of KOEKISHA and transfer of this business unit to wholly owned subsidiary Life Forward CO., LTD.

This year is the final year of the medium-term management plan. We are dedicated to using our business activities to contribute to society and consistently increase our corporate value as a dependable end-of-life partner by emphasizing with the senior generation and their family members.

We will continue providing high-quality services to a broad range of customers by meeting their needs with sincerity. We ask for your continued support and cooperation.

June 25, 2024
Satoshi Harishima
President and Representative Director

Satoshi Harishima President and Representative Director