As the new president, I will work to develop a new long-term vision

that responds to the drastically changing industry environment

We would like to express our deepest sympathies to all those affected by The 2024 Noto Peninsula Earthquake. Our 4 pharmacies were also affected by the earthquake, and we have dispatched support teams to the area to provide support not only to our pharmacies but also to the people in the affected areas. We sincerely hope for the earliest possible recovery of the affected areas.

As of May 1, I have been appointed President & CEO of the Nihon Chouzai Group. Inheriting the solid foundation built by former President Yosuke Mitsuhara and his many years of management wisdom, I will do my utmost to meet our shareholders’ expectations.

In each business segment of the Nihon Chouzai Group for the fiscal year ending March 31, 2024, the Dispensing Pharmacy Business continued to grow steadily along with the promotion of home medical care, online medical care, and the use of specialty drugs as COVID-19 moves to a Class 5 infectious disease. In the Pharmaceutical Manufacturing and Sales Business, both sales and profits grew as management prioritized the stable supply of high-quality pharmaceuticals amid continued uncertainty over the supply of generic drugs. In the Medical Professional Staffing and Placement business, amid the resumption of social and economic activities, the business expanded steadily, centering on the mainstay pharmacist temporary placement business.

Finally, regarding our new long-term vision, we aim to announce it between September and November 2024. The new management team and employees are working together to promote discussions on various issues, including growth strategies that align with the Group's business environment, strengthening corporate governance appropriate for a prime listed company, and reviewing financial strategies in line with the times. Through these efforts, we aim to become a group even more trusted by our shareholders.

We sincerely ask for the continued support and encouragement of our shareholders. We hope that you will look forward to a new start for the Nihon Chouzai Group.

 

Naoto Kasai

President and CEO