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Message from CEO

Dear shareholders and investors

I would like to express my deep appreciation for the continued exceptional support of all our shareholders.

Since the establishment of the Company, we have devoted ourselves to and successfully expanded the food retail business up until today with the aim of making a contribution to local communities through food products. We are continuing our efforts to attain sustainable growth by “creating a society in a virtuous cycle through food products” under the CSR concept, in other words, by pursuing the satisfaction of all stakeholders.

Toshiyuki Sato, President and Representative Director, Chief Executive Officer

The most notable characteristics of Halows lies in being a food supermarket with 24-hour operation that started in 1994. In addition, we have created Neighborhood Shopping Centers (NSCs) and built a supply chain management (SCM) system to adapt to changes in the management environment. In these ways, we have established and introduced the unique business model which has generated support from our customers. We will make concerted efforts through all employees to advance these foundations even further and serve as infrastructure for consumers in local communities.

I sincerely look forward to the continued guidance and support of our shareholders.

Toshiyuki Sato, President and Representative Director, Chief Executive Officer

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