The Yamato Group’s Important Role as a Part of Social Infrastructure/Editorial Policy[PDF:209KB]

VALUE CREATION BY THE NEW YAMATO GROUP

The Yamato Group's Important Role as a Part of Social Infrastructure

Since its founding in 1919, the Yamato Group has created a large number of services that were unprecedented in their time, starting with TA-Q-BIN. By doing so, the Group has established itself as a corporate group that serves

VALUE CREATION BY THE NEW YAMATO GROUP

Commenced Use of New Symbol and Advanced Logo

From April 2021, we commenced the use of our new Kuroneko symbol and advanced logo, which symbolize our commitment to providing new value.

as a crucial part of social infrastructure. Recently, there have been major changes in the business environment surrounding Yamato and the spread of COVID-19 has accelerated changes to people's lifestyles and the structure of the logistics industry. Accordingly, the active participation of corporations in resolving social and environmental issues is becoming increasingly important to the achievement of a sustainable society.

Under these circumstances, in April 2021 the Yamato Group launched a new Group management structure that focuses on Yamato Transport, which centralizes the diverse management resources of each Group company. Additionally, the Yamato Group is working to provide comprehensive value that meets the needs of customers and society to transform the supply chain in response to changes to people's lifestyles and the distribution structure based on the medium-term management plan "One Yamato 2023," which is set to conclude at the end of the fiscal year ending March 31, 2024. Through these efforts, we will contribute to the creation of an enriched society, a goal laid out in our Management Philosophy, and realize sustainable growth and the improvement of corporate value.

New Kuroneko Symbol (Corporate Symbol) Without changing the thought behind this symbol of Yamato's friendly and reliable services, the design has been refined into a more future-oriented design that expresses Yamato's intention to further evolve the services it has continuously improved day after day while integrating its activities with community, urban, and regional environments in a more harmonious manner.

Advanced Logo

This is a new advanced logo that expresses and symbolizes the Group's vision and proactive, innovative approach to addressing the challenges facing today's society and businesses. The Yamato Group will combine the expertise and networks it has cultivated to date with new ideas, technolo- gies, and partnerships to create new services and businesses.

Contents

	16		DESTINATION OF ONE YAMATO
		16		Message from the President
01 VALUE CREATION BY THE NEW YAMATO GROUP
20		Message from the Chief Financial Officer
01	The Yamato Group's Important Role as	22		Medium-Term Management Plan
		"One Yamato 2023"
	a Part of Social Infrastructure/Editorial Policy
02	Renewal of the Group's Management Structure	24		Creation of the "EC Ecosystem"

48 CORPORATE GOVERNANCE

48 Governance Roundtable between the Board of Directors and Outside Directors

54 Corporate Governance

62 Directors / Audit & Supervisory Board Members / Management System

100 COMPANY INFORMATION

1. Global Network
2. Corporate Data / Stock Information

04 Creation of New Innovations

1. Strengthening of Sustainable Management

1. Group Corporate Philosophy

28 Transformation into a Partner That Supports

the Entire Supply Chain	66	FINANCIAL SECTION
32 Promotion of Digital Strategies for the Shift
to Data-Driven Management

10 Value Creation Process

1. Overview of the New Yamato Group

1. Performance Highlights

34 Strengthening of Sustainable Management 36 Sustainable Medium-Term Plans 2023

38 Environmental Strategies for Realizing a Sustainable Society

42 Human Resource Management That Supports the Shift to an "Innovating Delivery Business"

45 Measures for Safety and Peace of Mind

That Support Sustainable Growth

1. Ten-YearSummary and Business Highlights

1. Consolidated Balance Sheet

1. Consolidated Statement of Income
2. Consolidated Statement of Comprehensive Income
3. Consolidated Statement of Changes in Equity
4. Consolidated Statement of Cash Flows
5. Notes to Consolidated Financial Statements

1. Independent Auditor's Report

Forward-Looking Statements

This integrated report contains forward-looking statements concerning Yamato Holdings' future plans, strategies, and performance. These statements represent assumptions and beliefs based on information available at the time this report was created. Furthermore, forward-looking statements are subject to a number of risks and uncertainties that include, but are not limited to, economic conditions, customer demand, foreign currency exchange rates, tax laws, and other regulations. Yamato Holdings therefore cautions readers that actual results may differ materially from these predictions.

Editorial Policy

Having built up long-standing relationships of trust with all of its many and varied stakeholders, the Yamato Group discloses not only information of a legal nature but also information considered necessary for those stakeholders. The Yamato Group adopted the policy that such information shall be conveyed promptly and accurately as well as fairly and equitably. Conveying information, including that of a non-financial nature, on such aspects as management strategies, business overviews, and ESG activities, this integrated report is intended to deepen the reader's comprehensive understanding of the Yamato Group. Please visit our website for more detailed information.

Guidelines Referenced

• Ministry of Economy, Trade and Industry, Guidance for Integrated Corporate Disclosure and Company- Investor Dialogue for Collaborative Value Creation
• International Integrated Reporting Council (IIRC), International Integrated Reporting Framework

YAMATO HOLDINGS CO., LTD. 001 Integrated Report 2021