NOVARESE, Inc. was first listed on the Standard Market of the Tokyo Stock Exchange on June 30, 2023 and has now entered its second year. I would like to extend my heartfelt gratitude to all our valued stakeholders, including shareholders and investors, for their ongoing support.

Having emerged from the prolonged and unprecedented COVID-19 pandemic, the competitive environment across the bridal market has grown ever more intense. Even in these conditions, which have developed into a survival of the fittest, we will accelerate the opening of new venues, spread the value of wedding ceremonies around the world, and strive to further expand our revenue base.

Despite ongoing concerns over sharply rising raw material and energy prices along with the effects of inflation, we will make every effort to provide high value-added services and a stellar product lineup. Together with our talented team of staff active nationwide, we will forge ahead with our business activities without ever breaking step. I believe that the culmination of these efforts will lead to returns for all stakeholders, including our valued shareholders and investors.

Rather than prioritizing short-term growth of profits, we will continue to contribute to society through weddings that provide deep, heart-moving emotional experiences and bonds, and aim to be a company that is trusted by society. We want people to feel that they cannot go wrong if they choose NOVARESE. To achieve this, we believe that it is of the greatest importance to rigorously pursue the happiness of all stakeholders, including that of both our employees and our customers. That is the essence and strength of NOVARESE.

Now, at a time when the true value of the bridal industry is being questioned, we will continue to remain fair and equitable. We believe that the attitude of acting correctly for the good of the world and its people will shape our corporate brand, and help to create an industry with a bright future.

"Continuing to walk proudly along a sunlit path"

In order to become a company that will still be needed 10 or 20 years from now, we will continue to make tireless efforts to improve our corporate value, aiming for sustainable growth together with society. I would like to ask all of our stakeholders for their further support and guidance going forward.