Firstly, I would like to express my sincere gratitude for your cooperation and continued support of the business operations of Saikyosairen.

As a reinsurance center for Japanese mutual aid cooperatives, Saikyosairen contributes to the stabilization and development of our members’ business through cooperative reinsurance, facilitating fellow cooperatives to strengthen their relationships among each other. This is in line with our corporate management philosophy “One for all, all for one,” which is based on the core principle of mutual cooperatives and its spirit in supporting each other.

Currently, we are addressing various issues based on the “Management Plan for FY2023-FY2024”. Regarding our most important issue, “expanding the number of members and inward business,” we managed to add one new member joining us at the end of February 2024, bringing the total number of members to 67.

Various natural disasters have occurred during the year. In particular, the “2024 Noto Peninsula Earthquake” on January 1, 2024 caused extensive damage in Ishikawa, Toyama, Niigata prefectures etc. Saikyosairen, as a Kokumin Kyosai co-op Group member, cooperated in “on-site surveys” and contributed to raise or donate “charitable funds to affected victims and relief donation”.

Concerns about the impact on people's lives caused by the increasing frequency and severity of large-scale disasters are growing due to the continuous extreme hot weather, with temperatures nationwide higher than average this year. While under this challenging environment, we will continue to strive fulfilling our role and mission to contribute to the stability and development of our members' businesses through cooperative reinsurance.

We are pleased to announce the publication of our disclosure paper “FACT BOOK 2024” which provides an overview of our business and various activities in FY2023. We humbly ask you to read the FACT BOOK and we hope that you reach a better understanding of Saikyosairen.

August, 2024