Dear stockholders and investors,
We would like to express our sincere gratitude for your continued support.

The “Kumagai Gumi Code of Conduct” has outlined as an action principle that we will disclose information that is necessary for society at large, regardless of shareholders, customers and citizens, in a timely manner with a view to becoming an open enterprise.
Moreover, we have positioned one of the important issues in our ESG/SDGs strategies, “Enhancing Dialogue with Investors,” providing the opportunity to actively exchange opinions with shareholders and investors on performance trends, management strategies, returns to shareholders, as well as environmental and social issues and governance initiatives.

At times of increased degrees of uncertainty, the Kumagai Gumi Group believes that sincerely address social issues as a construction services provider, as sought by society, will lead to the sustained growth of the Kumagai Gumi Group and an improvement in its corporate value.
To this end, we will further strengthen our management base by seeking to optimize the balance between investment for growth and returns to shareholder, while continuing to take on challenges to achieve sustainable growth.

Stakeholders and investors, I ask for even more of your support and understanding going forward as we take on the challenges that await us. Thank you.

Kumagai Gumi Co., Ltd.
Shin Ueda, President