Greetings

To Our Shareholders and Investors

I am Toshiyuki Sakurai, and I am honored to address you as the newly appointed President and Executive Officer of Yamato Holdings Co., Ltd., effective April 1, 2026.

The Yamato Group is currently advancing our medium-term management plan, "Sustainability Transformation (SX) 2030 ~ 1st Stage ~." Under this plan, we have defined our vision for 2030 as becoming "a value-creating company that contributes to realizing a sustainable future."

We will fully leverage the management resources cultivated through our parcel delivery (TA-Q-BIN) and other business activities to resolve issues within local communities and deliver enhanced convenience tailored to the evolving lifestyles of our individual customers. For our corporate clients, we will proactively provide solutions that address their strategic management challenges by strengthening and optimizing their entire supply chains.

Amidst a rapidly changing business environment, we will vigorously drive structural cost reforms to fundamentally enhance our profitability. Concurrently, we will accelerate the transformation of our business portfolio, boldly reallocating management resources to growth areas such as contract logistics, global operations, and green mobility. Furthermore, by fortifying our balance sheet management, we are committed to achieving sustainable and steady growth in both corporate value and shareholder returns.

No matter how widespread AI becomes or how far robotics evolves, our Group’s greatest asset remains our "frontline capabilities"—the power generated by each and every employee who supports our operations on the ground. Recognizing our approximately 180,000 employees as the true source of new value creation, we will champion a philosophy of "all-hands management" to propel the Group forward as one unified team.

We will continue to listen earnestly to the voices of our diverse stakeholders, practicing honest and disciplined management to sustainably elevate our corporate value. We humbly ask for your continued support and guidance in the years ahead.

April, 2026
Toshiyuki Sakurai
President and Executive Officer
Yamato Holdings Co., Ltd.