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.

In 2022, political and economic instability continued worldwide due to the effects of Russia's invasion of Ukraine. Amid rapid inflation in many countries, Japan also experienced the first increase in the consumer price index in 41 years, which had a significant impact on our daily life.

Under such circumstances, natural disasters occurred, including a hailstorm in Kanto region in June and Typhoon Nanmadol in September. In addition, the risk of more frequent and severe natural disasters is increasing due to a series of natural disasters across Japan, such as earthquakes in the Noto region of Ishikawa Prefecture and southern Chiba Prefecture in May 2023.

Under the “Management Plan for FY2023-2024”, which continues to be based on the pillars of four “Management Visions” through FY2022, Saikyosairen will strive to fulfill its role as a reinsurance center for Japanese mutual aid cooperatives and contribute to its member organizations and their members through cooperative reinsurance and reinsurance.

We are pleased to announce the publication of our disclosure paper “FACT BOOK 2023” which provides an overview of our business and various activities in FY2022. We humbly ask you to read the FACT BOOK and we hope that you reach a better understanding of Saikyosairen.

August, 2023