Contents

◆ Vision of Nihon M&A Center Group

• 01　Contents/Editorial Policy/Tool Map/Key Points of This Integrated Report
• 03　Executive Summary
• 05　Purpose
• 06　Philosophy
• 07　Market Potential of the M&A Market for SMEs
• 09　About Nihon M&A Center Holdings
• 10　Why Nihon M&A Center Can Provide the Best M&A Services
• 13　History of Value Creation
• 15　Value Creation Process
• 16　Accumulated Capital
• 17　Materiality (Priority Issues)

◆ Strategy for Growing into the Best Integrated M&A Company

Management Strategy

• 18　Message from President
• 24　Trends in the M&A Industry for SMEs and Our Initiatives

Business Strategy

• 27　Message from Chairman of M&A Strategic Meeting
• 30　Message from Head of Value Promotion Headquarters
• 33　Message from Head of Sales Headquarters
• 39　Message from Head of Value Promotion Headquarters
• 40　Message from Head of Marketing Headquarters

Financial Strategy

• 42　Message from CFO

Engagement with Clients, Business Partners, and Shareholders

• 35　Accounting Firm Discussion
• 37　Roundtable Discussion on Joint Ventures with Regional Financial Institutions
• 41　My Best M&A [Seller: Nakamura Kogei]
• 83　Roundtable Discussion with Employees and Investment Analysts

HR Strategy

• 44　Message from CHRO
• 46　Human Resources Initiatives
• 52　Interviews with Employees

Corporate Governance

• 54　Corporate Governance
• 63　Roundtable Discussion with Outside Directors

Compliance

• 67　Compliance
• 70　Risk Management
• 71　Information Security

Environment

• 73　Environment

◆ Data Section

• 75　Financial and Non-financial Highlights
• 77　Consolidated Financial Statements
• 80　Corporate and Stock Information
• 81　External Evaluation, Commitments and Inclusion in the Index
• 82　Shareholder Engagement Initiatives