Message from the President

First, I would like to thank all of our shareholders and investors for your continued support.

In recent years, the society surrounding us has been in an uncertain situation due to the prolonged Russia-Ukraine issue, the growing tension in the Middle East, and the impact of the US government's tariff policy on the global economy. In this environment, our group has reaffirmed its Supply Chain and its raison d'être by providing a variety of transportation methods using our strengths, an overseas network in 24 countries and regions around the world, and fulfilling our social responsibilities as a carrier of logistics infrastructure, with the continuity of our customers' supply chains as our top priority.

The Nissin Group is currently moving forward with its seventh medium-term business plan, Nissin Next 7th (NN7), which covers the five-year period from FY2022 to FY2026. In this plan, we aim to achieve our goals and create high corporate value by setting three basic policies: (1) Further cultivation of our core businesses, (2) ESG management, and (3) New business domains. Further, under our strategy for digital transformation (DX), we will expand our business base by providing our Forward ONE digital forwarding service, and by introducing HACO Lab, a reusable logistics container service.

The Nissin Group is currently moving forward with its seventh medium-term business plan, Nissin Next 7th (NN7), which covers the five-year period from FY2022 to FY2026. In this plan, we aim to achieve our goals and create high corporate value by setting three basic policies: (1) Further cultivation of our core businesses, (2) ESG management, and (3) New business domains. Further, under our strategy for digital transformation (DX), we will expand our business base by providing our Forward ONE digital forwarding service, and by introducing HACO Lab, a reusable logistics container service.

Through these efforts, we will strive to enhance our corporate value and, at the same time, meet the expectations of our stakeholders for the realization of a sustainable society.

I humbly ask our shareholders and investors for your continued long-term support.

Nissin Corporation

President