A Message to Stakeholders

Initiatives in the period under review

We are working to improve
productivity and investing in growth
to create the ANSHIN Platform andachieve sustainable growth.
Ichiro Ozeki
President and Representative Director

With COVID-19 continuing to impact society, we believe thatthe greatest contribution we can make to society is to do ourutmost to maintain services while placing our highest
priority on the safety of customers and employees.
Accordingly, we have taken a number of key steps to help
curb the transmission of the virus, thereby safeguarding
business continuity and our ability to provide uninterrupted
around-the-clock services. I am particularly proud of SECOM
employees, who even during the pandemic have conducted
themselves with a deep sense of their mission to deliversafety and peace of mind to customers. In addition, as an

official partner (Security Services and Planning category),
we contributed to the safe and secure staging of the Olympic
and Paralympic Games Tokyo 2020, held from July throughSeptember 2021, for which we provided security atcompetition venues and other facilities.
During the period, we also continued to implement thefour priority strategies I have advocated since taking office
as president and representative director in June 2019:
expand monitoring services, strengthen our overseas
operations, reinforce our BPO and ICT services business, andimprove productivity.

Expand monitoring services

Consolidated operating results
Despite a persistently challenging environment, owing
largely to COVID-19, the Japanese economy showed signs ofrecovery in the fiscal year ended March 31, 2022, as
corporate earnings and private sector consumption, among
others, rallied. While economic and social activity is
gradually returning to normal, downside economic risks
associated with the evolution of the pandemic around theworld, fluctuations in financial and capital markets, andgrowing uncertainty regarding the global situation and rising
raw materials prices, continue to attract attention.
Against this backdrop, we pressed forward with ongoing
efforts to realize our Social System Industry vision, in
accordance with our objective of delivering safety and peaceof mind, as well as to make life more comfortable andconvenient, whenever and wherever necessary, for anyone
and everyone. To this end, we continued to concentrate on
extending high-grade services and systems optimized tomeet the increasingly diverse and sophisticated needs ofcustomers in our security services, fire protection services,
medical services, insurance services, geospatial information
services, BPO and ICT services, and other services

businesses. We also accelerated these efforts by clarifying
initiatives to be implemented in line with the SECOM Group
Road Map 2022 with the goal of achieving the SECOM
Group’s Vision for 2030.
Consolidated net sales and operating revenue for theperiod under review amounted to ¥1,166.1 billion, an
increase of 2.7%, or ¥30.8 billion, while operating income
advanced 15.2%, or ¥20.6 billion, to ¥156.4 billion. This
primarily reflected increases in net sales and operating
revenue, and in operating income, in the security services
segment, which were underpinned by increases forelectronic security services in Japan and overseas, and forstatic security guard services, as well as in the fire
protection services segment, which benefited from a
concentration of profitable projects during the period, andthe medical services segment, which was bolstered by
improvements in the earnings of partner hospitals in Japanand a general hospital in India. Net income attributable to
SECOM CO., LTD., climbed 19.8%, or ¥17.8 billion, to ¥107.7
billion.

In Japan, a super-aged society, ensuring elderly parents
living apart can live in safety and comfort is a concern formany people. The pandemic has made it difficult for people
to visit their parents, exacerbating the need for assistanceon this front. In this environment, people are increasingly
seeking one potent solution in home security services thatenables family members to remotely monitor parents anddispatches emergency response personnel if necessary.
In June 2021, we launched SECOM Monitoring Service
for Seniors, an optional service available to SECOM Home
Security subscribers. With this service, family members cancheck up on their parents in an unobtrusive manner toconfirm any variations in the frequency or nature of daily
activities by accessing information captured by SECOM
Home Security sensors installed in the home of a seniorusing a smartphone app. For monitoring individuals withhealth concerns, we are also developing various new
sensors that facilitate the real-time detection of, forexample, changes in posture, which could have been caused
by a fall, or whether a sleeping individual is breathing, forwhich we are currently conducting verification tests at a
SECOM-operated nursing home. To raise awareness of
SECOM Home Security in the elder care market, we steppedup advertising and publicity activities, including by creating
new television advertisements, an effort that has yieldedhighly positive results.

Strengthen overseas operations
With Japan’s population expected to continue declining overthe long term, we believe that strengthening our operationsin promising overseas markets is essential to ensuring

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The need for monitoring services is not limited to eldercare. Among increasingly health-conscious young andmiddle-aged individuals, demand is expanding for services
that allow self-monitoring of physical condition. In line with
our “Connection” strategy—one of four strategies forcreating the ANSHIN Platform—in February 2022, welaunched SECOM Cantabile, which makes it possible forexisting SECOM Home Security subscribers to link theirhome security system with an Apple Watch or iPhone simply
by installing an app, which they can tap to arm or disarm
their home security system. The app also stores Apple
Watch health data, such as calories expended, steps taken,
sleep time, and blood oxygen level, which the subscriber canuse in everyday health management. We have also begun
promoting marketing efforts tailored to younger customers,
many of whom have an Apple Watch, acknowledging that
their monitoring needs often differ from those of seniors.
We continue to advance cloud-based monitoring services
that target the healthcare management needs of diverse agegroups. Pursuing an open and interactive approach that
includes collaborating with other companies offering avariety of key systems and services, we are making use ofGroup management resources in areas such as medical
services, BPO and ICT services to explore new possibilities insuch areas as health tech.

sustainable growth going forward. As a first step, we will
strive to boost consolidated net sales and operating revenue
generated overseas to 10% or more of the consolidated total.

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A Message to Stakeholders

With the aim of expanding our overseas operations throughboth organic growth and M&As, we are reinforcing thecapabilities of employees and pursuing a variety ofstrategies and initiatives.
The popularity of on-line security systems tends toexpand in line with national and regional economic growth.
We are extending our operations in promising markets,
focusing on Asia, including by providing services that reflect
the needs and sensibilities of the region’s growing wealthy
and middle classes, rather than insisting on offering
services and systems developed for the Japanese market.
Most of the countries and territories in which we haveoperations have a well-established foundation for theprovision of on-line security systems in place. We haveestablished the ASEAN Innovation Center in Bangkok and the
China Innovation Center in Shanghai and are promoting thedevelopment and deployment of highly convenientinteractive on-line security systems that use smartphones.
In Thailand, we launched a new highly scalable cloud-based
on-line security system for small and medium-sizedbusinesses and for homes and commenced related
advertising and publicity activities. Advertisements featuringwell-known local actors have been well received andcontinue to attract enthusiastic reviews, bolstering
recognition of the SECOM brand and contract numbers.
Looking ahead, we will continue to broaden our presence inThailand, as well as to capitalize on know-how gained in thismarket to expand into other countries and regions, thereby
accelerating organic growth.
Cultivating new markets in various countries andterritories is also crucial to driving the growth of ouroverseas operations. For this reason, we recently
established a business development team that is charged
with exploring potential business alliances and M&As withthe purpose of expanding the geographical breadth of ourbusiness activities. Secom Smart (Malaysia) Sdn. Bhd. and
Secom Smart (Singapore) Pte. Ltd., both of which joined the
SECOM Group in the autumn of 2020, are expanding digitalmarketing initiatives and promoting the increased use ofcloud-based security systems. In Turkey, a market weentered in 2019, contract volume has expanded significantly
thanks to strong appreciation for meticulous Japanese-styleservices and the outstanding cost–performance benefits of
our on-line security systems. Going forward, we willcontinue to seek business alliances and M&As that offer
benefits while carefully weighing country risk.

Reinforce BPO and ICT services businessIn addition to providing high-quality and highly reliable data
center services around the clock, we also operate one ofJapan’s largest data center networks, providing outstanding
connectivity to cloud-based services and creating an IT
infrastructure that is indispensable for many companies. To
meet expanding demand for data center services in today’s
increasingly digital, cloud-based society, we plan to open ahyperscale urban data center in the Tokyo metropolitan areain 2024, as well as a new data center adjacent to an existing
facility in 2025. We are also pressing ahead with theestablishment of small-scale data centers in Kyushu andHokkaido to meet demand driven by rapid digitization indifferent areas of the country.
Sales staff are striving to propose business continuity
planning (BCP) support services, as well as various cloudbased services that assist efforts to digitalize and streamline
operations, to users of our on-line commercial security
systems. To make this possible, we are expanding our ICT
service offerings, deploying ICT-savvy personnel to security
services sales teams across the country, and working to
improve the ICT literacy and proposal development
capabilities of sales staff.

Improve productivity
Japan’s declining labor force is expected to further
complicate the challenge of securing human resources in
the future. Accordingly, improving productivity is essential
for us to continue achieving growth. In our security services
business, we are updating in-house IT systems so that
we are positioned to handle an increase in work volume
resulting from higher subscriber numbers and the
expansion of services with current staffing levels. We

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made the decision to implement this update, having carefully
considered the scale of current investments and exposure tovarious risks, with the goal of boosting the productivity of
individual employees and will roll out related initiatives overthe next few years.
In another move designed to enhance productivity, we
took steps to optimize the siting of SECOM control centers.
Additionally, in April 2022 we shifted the back-office support

components of sales, operational, and administrative
functions of individual offices to an administrative services
group, thereby breaking down organizational silos andcreating a streamlined, more efficient configuration. We willcontinue working to optimize our organization to further
increase overall productivity.

The transformation of the security services business
COVID-19 has brought far-reaching changes to all facets oflife. Many of these changes, particularly those affecting
business practices, consumer behavior, and work styles, arelikely to remain even after the pandemic subsides, as theworld transitions to a new normal. At the same time, wemust continue to address challenges associated with Japan’s
super-aged society, notably a shrinking labor force, as wellas with the increasing frequency of climate change–related
natural disasters and growing requirements for information
security arising from expanded digitalization. SECOM
customers are seeing new needs for enhanced security andtroubleshooting as a consequence of reduced staff numbers
and a shift to unmanned formats for retail facilities, as well
as for efficient employee attendance management systems,
and improved information security and document
digitalization to accommodate the expansion of telework andwork style reforms. With people increasingly opting to workfrom home and making frequent use of delivery services,
needs are also rising for a broad range of services that
ensure safe and secure home environments. The pandemic

has also further spurred demand for monitoring services
that help protect elderly parents and other family members,
and for remote healthcare services.
Technologies are evolving at an astounding pace. The
security services industry is expected to gain from the
spread of artificial intelligence (AI), Internet of Things (IoT),
and 5G mobile communications technologies, as well asfrom rapid progress in the area of sensing technologies, allof which are forecast to support the development of IoT
services that will help address challenges in both everyday
life and in business. The compatibility of on-line security
systems with IoT services will enable us to greatly expand
the menu of services we offer. In addition, advanced laborsaving technologies are projected to benefit security guard
services, particularly by facilitating the use of robots. In the
security services industry of the future, we believe that thekey to dramatic growth will be our ability to incorporate newtechnologies to deliver new value to customers, as well as toleverage such technologies to improve our own productivity.

Growth strategy: Driving the evolution of on-line security systems
As a company with on-line security systems as its corebusiness, we see this era of transformation, occasioned bydramatic socioenvironmental changes and technologicalprogress, as an important business opportunity. We have thelargest customer base of any security services company inJapan. This has enabled our R&D team to accumulate
extensive know-how in this area. Rather than being shackled
by its own technological prowess, the team also collaborates
actively with various partners to encourage open innovation,
allowing it to integrate advanced technologies from diverse
sources. Our extensive service network, which organicallylinks the IT systems and human resources responsible forthe provision of SECOM on-line security systems around theclock, ensures uniformly high-grade services across Japan.
We have actively promoted System Security AZ, an all-inone security system offering excellent scalability that was
originally launched in 2019, as our core commercial on-line

security system. Unlike previous systems, which were
tailored to the industries, business scales and operations ofsubscribers, AZ uses image sensing to deliver an
outstanding monitoring performance and offers remote
operation from a smartphone, camera monitoring, accessmanagement, and employee attendance management. These
functions can be selected to meet individual customer needs
and new functions can be added in the future. In July 2022,
we launched AZ-Air, a new security system targeting small
and medium-sized commercial facilities and offices, aparticularly promising market. In addition to the high-grade
monitoring and other functions of AZ, AZ-Air offers acompact main unit and wireless connection to sensors,achieving both improved aesthetics and pricecompetitiveness. We look forward to this new model
contributing to a sharp increase in sales of the AZ seriesof on-line security systems.

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A Message to Stakeholders

Sensing and other technologies are evolving rapidly. As acompany with a huge customer base and more than 2.4
million on-line security systems installed in Japan, we
attract a wide range of partners, from major corporations tostart-ups, with diverse technological capabilities. Throughopen innovation with such partners, we will continue toprogress as a leader in the provision of services that makeuse of the latest technologies. Ongoing efforts to develop
and extend new services that make use of the technologies
of our open innovation partners will position us to respondswiftly and flexibly to increasingly diverse and complex
customer needs. By emphasizing not only highly convenient
new subscription-based services but also robust backup in
the form of highly trained emergency response personnel
when circumstances demand, we will continue to provide
distinctively SECOM services and systems that ensure ourability to be there for customers whenever we are needed.
An extensive lineup of services not only attracts new
customers, leading to new contracts, but also inspires
existing customers to take advantage of multiple services,helping strengthen the customer–provider relationship andencouraging longer contract periods. In other words,
strengthening our service offerings will help increase
contract volume, boost contract fees, and prevent contract
cancellations, thereby maximizing profits.
Making the most of opportunities for dramatic growthnecessitates timely investments. The SECOM Group Road
Map 2022 calls for focused outlays aimed at expanding thecapacity of the core system used in our on-line security
systems to accommodate the evolution of technologies. It isalso necessary to replace equipment currently installed on
the premises of existing commercial security services
subscribers with new systems such as System Security AZ
that support new technologies. Because we maintainownership of security equipment and rent it to subscribers,
we have always replaced older equipment with newer
models when appropriate. To encourage the use of newservices, we are accelerating the pace of replacement byproceeding with a 10-year investment plan to graduallyreplace equipment currently in use, beginning with
subscribers who have used currently installed equipment
the longest. As mentioned earlier, we are also updating
in-house IT systems so that we can handle an increase inwork volume resulting from increased subscriber numbers
and an expanded service lineup with current staffing levels.
The deployment of advanced technologies can also be
expected to dramatically improve security guard services, aswell as to ease the physical demands on emergency
response personnel. A reduced physical burden will increase
the capacity of our emergency response infrastructure toprovide services around the clock, whenever needed, thus
improving productivity.
In addition to conventional services, involving monitoringwith sensors and support by emergency response
personnel, in the years ahead we will introduce a wide rangeof new subscription-based services that leverage data
science and are backed up by emergency response
personnel. By thus realizing new distinctively SECOM
services and systems, we will seek to position ourselves ona new growth trajectory.

Growth strategy: Taking security guard services to a new level
The falling number of working-age people in Japan is
another factor that is complicating the challenge of ensuring
a sufficient labor force. In the security services industry, too,
there is a need to reduce the burden on and improve
working conditions for security guards. One way we are
addressing this issue is by working to create security
services that leverage advanced technologies. Of particularnote, we have explored ways to more effectively use
technology in the provision of static guard services at officebuildings and commercial facilities. This has led to therealization that replacing some static guards with devices
and systems, yielding an optimal combination of people andmachines, makes it possible to maintain or even improve the8

SECOM REPORT 2022

quality of security provided while at the same time easing
the physical demands on guards.
In the area of management and operation for large-scale
facilities, we have gained extensive experience and knowhow by working to reduce labor requirements for static
guards through the partial automation of access control, as
well as opening and closing procedures, and the installationof surveillance cameras. We have also leveraged advanced
technologies, including in the trial introduction of a new
AI-powered image recognition system for major events. In
January 2022, we launched the AI-powered Virtual Keibi
System, which features a virtual character that performs
security, receptionist, and other duties, and security robot

cocobo, which makes use of AI and 5G technologies toautonomously patrol commercial facilities in place of
security guards. In addition to further expanding ouraccumulated expertise in ways to reduce labor
requirements, we will further expedite efforts to deal withthe declining number of static guards, including by pursuing
open innovation aimed at developing new systems.
In July 2022, Senon Ltd., a Japanese provider of static
guard services and electronic security services, as well as
airport security services and vehicle fleet operation services,
joined the SECOM Group. With competitive strengths in theprovision of static guard services for large commercial
facilities, Senon also has an industry-leading track record in
airports security services. We look forward to capitalizing on
Senon’s management resources and know-how, as well as

our own, to promote the mechanization of static guard
services and develop security systems that combine thebest features of people and equipment. We will also continue
to expand our security services for large-scale facilities suchas airports, convention centers, and sports stadiums, as wellas to take steps aimed at bolstering profitability.

Investments in Growth
As mentioned earlier, we are investing in systems andreplacing subscribers’ equipment with new models
compatible with the evolution of on-line security systems
while also updating in-house IT systems to improve
productivity. We are also investing in human resources,
confident that our employees remain highly motivated to beagents of change, rather than being content with the statusquo, by implementing the first across-the-board base salary
increase in five years.
On another note, we are investing to strengthen our
advertising and publicity activities with the goal of further
cultivating demand in the emerging domestic market formonitoring services, as well as to encourage greaterawareness of the SECOM brand in overseas markets. To meetgrowing demand for data center services, we are investing tobuild new data centers and to improve the quality andmanagement of IT systems for various services provided.

Because all investments in growth are aimed essentiallyat expanding earnings and improving productivity, we fully
expect they will yield appropriate returns. Growth throughM&A activities is also a promising option. We are targetingcompanies in the area of physical security, cyber security,
BPO and ICT services, and healthcare, as well as start-ups
with outstanding technological capabilities, and will selectcompanies in which to invest by looking at both investment
efficiency and time frame. Investments in growth areinvestments in our future. If we are not decisive in making
investments at this juncture, the pace of our growth in the
future will surely be hindered. One of my responsibilities isto help build a solid foundation for SECOM to continue
advancing forward, so that in the future people will look backand recognize the wisdom of the moves we are making now.
Accordingly, I will continue to approach these investments ingrowth from a medium-term perspective.

Capital Management
Our ability to make necessary investments in growth at the
optimal time in an ever-changing socioeconomic environmentis due to our solid income foundation, which is attributable toour portfolio of stable recurring-revenue–based businesses,
notably on-line security systems. We earmark cash generated
by such stable recurring revenue–based businesses, keeping
in mind the importance of balancing investments in growth,
operating funds, and returns to shareholders. Given

increasingly diverse social imperatives and the rapid
evolution of technology that is propelling the fundamental
transformation of the security services industry, investments
in growth necessarily take precedence at the moment. Whileit almost goes without saying that such investments are a
growth driver that enhances corporate value, there are also
challenges. Accordingly, our policy is to allocate theseinvestments from equity.

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A Message to Stakeholders

Operating funds are the funds needed to provide services
and ensure our ability to provide services without
interruption and ensure business continuity regardless ofchanges in the operating environment, thereby fulfilling our
responsibility to deliver safety and peace of mind. SECOM
Group companies differ in terms of working capital andcapital investment needed to guarantee business continuity.
Because risk levels for these companies vary depending on
the nature of their businesses, this is also taken into accountin determining the appropriate level of operating funds.
We have always seen the provision of fair returns toshareholders as a crucial management task. With a businessmodel centered on recurring revenue–based businesses that

continue to expand thanks to investments in growth, weseek to ensure a consistent and stable distribution of
surplus in line with our payout ratio target. For the fiscal
year ended March 31, 2022, dividends for the full term—therecord dates for which fall during the period—amounted to¥180.00, an increase of ¥10.00 from the previous fiscal year.
Between February and June 2022, we repurchased our own
shares for the first time in approximately 13 years, with a
total repurchase price of approximately ¥30 billion. We willcontinue seeking to return wealth to shareholders throughshare repurchases while closely monitoring our cash
position, the scale and timing of investments in growth, andtrends in share prices.

ESG initiatives
COVID-19 and rapid digitalization have resulted in theincreasing diversity and sophistication of our customers’
needs for safety and peace of mind. Against this backdrop,
our greatest competitive advantage is our human resources,
who stand with customers around the world, listening
closely to their concerns and responding to demand related
to the need to ensure security in a connected society and to
rely on others.
Recognizing that the sense of mission and motivation felt
by employees bear directly on the quality of SECOM services,
we seek to secure and train enthusiastic individuals, as wellas to promote diversity and inclusion initiatives and create
comfortable work environments. In the spring of 2022, we
implemented the first across-the-board base salary increasein five years.
The realization of our corporate vision depends on
rigorous corporate governance, indispensable to theappropriate management of our operations, and each andevery employee acting in accordance with SECOM’s
Philosophy and working to fulfill their potential. We are also
taking ongoing steps to enhance the effectiveness of our
Board of Directors, as well as encouraging outside membersof the Board of Directors and the Audit & Supervisory Board
to participate actively in free and open discussion. We
currently have one female outside director, but constructive
opinions have been expressed regarding further increasing
the diversity of the Board’s composition. Accordingly, we arecommitted to fostering female leaders, with the aim of
producing more female directors in the future.
We can only provide SECOM security services if
customers trust us and are willing to enter into contracts.

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Given that our core business essentially means customers
hand over the keys to their business or home, it is criticalthat each and every employee truly understands SECOM’s
Philosophy, which has been handed down throughgenerations of SECOM employees. As such, we pursue
rigorous governance, requiring employees to act in strict
compliance with the SECOM Group Code of Employee
Conduct and the Behavioral Guidelines Based on SECOM’s
Philosophy. Also, because we are entrusted with importantcustomer information, all employees must be highly awareof information security. As a provider of BPO and ICT
services, we work to maintain a stringent information
security risk management system and to ensure that all
employees observe our basic information security policy andrules, making it possible for customers to use our services
with confidence.
Efforts to decarbonize are accelerating worldwide. We
have set a target for achieving carbon neutrality—net zero
greenhouse gas emissions—by 2045. All SECOM Group
companies are working to achieve this target which in July
2021 was certified under the Science Based Targets
initiative (SBTi). We have also joined Renewable Electricity
100% (RE100), a global renewable energy initiative, with theobjective of shifting entirely to electricity generated using
renewable energy by 2045.
Our Sustainability Promotion Office, which plays aleading role in environmental, social and governance (ESG)related initiatives, promotes a variety of activities, including
holding study sessions to raise employee awareness ofsustainability and further understanding of the United
Nations’ Sustainability Development Goals (SDGs). In

addition, we have prepared booklets and other materials
to inform employees and customers about SECOM’s

ESG initiatives, which are also used widely in sales andrecruitment activities.

Growing businesses and ensuring sustainable growth for SECOM
The protracted COVID-19 pandemic, together with instability
in the global situation and rising prices for crude oil and raw
materials, continue to underscore persistent uncertainty, asa result of which we are seeing customers’ willingness toinvest in security increasingly tempered by concerns overthe current conditions. While we believe that the impact ofthese and other factors on our recurring revenue–generating
businesses, notably on-line security systems for commercial
and home security services, will be negligible, we expect
sales of security equipment to decline. We also anticipate thepostponement or downsizing of large-scale and profitableprojects. In addition, we anticipate that the profitability ofdata centers, which use significant amounts of electricity,
will be squeezed if electricity costs continue to climb.
Despite these circumstances, we will continue to implement
crucial forward-looking investments in systems and people
and incur necessary expenses to further reinforce ouradvertising and publicity activities, with the aim of ensuring
sustainable growth.
In recent years, the world has suffered multiple major
calamities, including the spread of COVID-19 andincreasingly frequent natural disasters. Regardless of thelikelihood of major risks and incidents ahead, we believethat there is nothing for which we cannot prepare. While it isdifficult to predict what sort of risks will arise, we will notneglect advanced preparations and training so that we canminimize the impact thereof by ensuring each and every
employee is able to make timely and accurate decisions
based on SECOM’s Philosophy and respond effectively andwith agility. Regardless of the seriousness of such risks, wewill work tirelessly to ensure the safety of our customers,
and we believe this will continue to ensure customers are
satisfied with our services and happy they turned to SECOM.
Underpinning everything we do is the uniquely SECOM
identity, unchanged since our founding, which emphasizes
not being bound by existing conventions and concepts anddoing what is right for society without compromise. Ensuring
this unique identity is shared by everyone in the SECOM
Group, thus permeating the entire organization, is central to
our ability to evolve continuously as a cohesive unit capableof responding to changing social imperatives.

On July 7, 2022, we celebrated SECOM’s 60th
anniversary. While this is certainly an important milestone,
we recognize it as simply one point on the long timeline of
our history. Today, the SECOM name is synonymous withsafety and peace of mind, evidence of the solid foothold wehave established in the security services market. However,
we have no intention of resting on our laurels. With a senseof urgency, an understanding that complacency is the
beginning of decline, and a refusal to be content with thestatus quo, we remain committed to cultivating new markets
and developing groundbreaking new services and systems
that are beneficial to society.
I am confident that our current endeavors will bear fruit.
I hope our stakeholders continue to expect great things fromSECOM and look forward to their ongoing support andguidance.
July 25, 2022

Ichiro Ozeki
President and Representative Director

SECOM REPORT 202211