We would like to express our sincere appreciation for your continued support and patronage.

As a core participant in Japan’s short-term money market, Tokyo Tanshi has grown together with financial institutions and other clients for nearly 120 years. In addition, our company and the broader Tokyo Tanshi Group have expanded beyond the short-term money market into a wide range of markets—including foreign exchange, bond, and derivatives markets—by engaging in brokerage services and operating trading platforms. Through these initiatives, we have provided optimal solutions by leveraging the collective strengths of our Group, while responding promptly and accurately to changes in the market environment and the evolving needs of our clients.

Japan’s economy has remained resilient, supported by the establishment of inflation and wage growth, which have contributed to steady personal consumption and solid corporate performance. The Bank of Japan raised interest rates in January and December 2025, bringing the policy rate to 0.75%, the highest level in 30 years since 1995. Looking ahead, there is a prevailing view that the upward trend in interest rates will continue into 2026.

From this fiscal year, we have launched a new medium-term management plan. Under this plan, in order to respond to changes in both domestic and international environments, we are undertaking a comprehensive review not only of our business strategies but also of our corporate philosophy and values as part of an overall management strategy. Based on this approach, and with the goal of maximizing customer satisfaction, the Group will work together to deliver high-quality financial intermediation services, provide timely and accurate market information, and offer economic seminars and proposals tailored to our clients’ needs.

Furthermore, to ensure soundness and safety in management, we will continue to strengthen corporate governance, practice compliance-based management, execute operations grounded in appropriate risk management, and conduct effective internal audits. In particular, from the perspective of business continuity, we aim to enhance our operational resilience as a money market broker that supports Japan’s financial infrastructure, including by further upgrading our business continuity plan (BCP) through the effective use of the Osaka Branch established in the previous fiscal year.

We sincerely ask for your continued support and patronage in the years ahead.