Message from the President

To Our Shareholders

On behalf of Kitazato Corporation, I would like to express my sincere gratitude to all our shareholders for your continued support.

We are deeply moved by the many warm and encouraging messages we have received, including heartfelt words such as, “We are rooting for Kitazato.” In order to meet and exceed your expectations, we will continue to dedicate ourselves to addressing the global challenge of a declining birth rate and evolving into a globally recognized company representing Japan.

In the fields of obstetrics and fertility treatment, social initiatives aimed at solving the issues of declining birth rate are being undertaken worldwide. In Japan, insurance coverage for fertility treatments began in April 2022, and the number of patients has been steadily increasing. Globally, many countries—notably China—have begun to address population decline as a national policy issue, and the market continues to expand.

At present, we are receiving proposals for joint development from leading researchers around the world. This fiscal year, we established a new research institute to further strengthen our research and development capabilities. By proactive investing in R&D that contributes to improving pregnancy success rates, and by continuously delivering outstanding research results and launching innovative products, we aim to achieve sustainable growth and enhance corporate value. Furthermore, we aspire to be a company that gives back to society by helping create a future in which children born through these advancements can grow up healthy and thriving.

While both sales and profits have been progressing steadily, we have set the improvement of our operating profit margin and the overseas sales ratio as key management goals. As one unified team, we are fully committed to advancing our business toward these objectives.

We sincerely ask for your continued support and encouragement.

November 2025

Futoshi INOUE, MBA, Pharm.D., Ph.D.

President and Representative Director

Kitazato Corporation