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Revolutionizing Accounting in Japan

As we embark on a new chapter in Japan's business landscape, Reiwa Accounting Holdings is set on a mission that stretches beyond traditional accounting practices. In alignment with the April Dream initiative, which encourages companies to share their visions on April 1st, we are formally announcing our commitment to transforming the accounting profession into a respected and sought-after career path. Our primary goal is to enhance the perception of accounting as a vital soft infrastructure that supports and underpins successful business operations.

Our Vision for the Future

With plans to go public in December 2024, we reaffirm our dream: to elevate the role of accounting in business management and drive reform throughout the industry. We aspire to see a future where accounting is celebrated as a desirable occupation, attracting elite professionals eager to innovate and drive change.

Addressing Two Major Challenges in the Accounting Industry

Accounting is an essential element for any company; it serves as the backbone of organizational stability and growth. However, the industry is currently grappling with two significant challenges:

1. The Need for Specialized Expertise

In an increasingly complex accounting environment, expertise and multifaceted insight are paramount. As AI takes over routine tasks, the demand for advanced judgment—critical thinking that only humans can offer—continues to rise. Therefore, revamping our internal accounting frameworks to incorporate external expertise has become crucial.

2. Solutions Through Professional Value Contribution

To combat the challenge of specialization, our company steps in as a partner, providing advanced technical expertise and decision-making capabilities. With our support, businesses can concentrate their internal talent on core activities, ensuring stability in knowledge management while also minimizing errors, fraud, and reducing personnel costs.

This January, we established the Business Strategy Consulting Division, consolidating our knowledge and focusing on five key areas that require specialized attention:

• - IPO Consulting: Tangible support for successful public listings.
• - M&A Consulting: Assisting clients in maximizing profits through tailored strategies.
• - Business Revitalization & Strategy Consulting: Crafting revitalization schemes based on comprehensive evaluation.
• - Miracle Accounting Consulting: Leveraging advanced systems developed by Miracle Accounting to enhance operational efficiency.
• - Fund & REIT Consulting: Delivering high-level support expertise to improve business outcomes.

As we navigate through these challenges, we are confident that aligning skilled team members with a shared vision will elevate the quality of our services and create a virtuous cycle of talent acquisition and retention.

Tackling the Workforce Shortage Challenge

The decreasing labor force due to aging demographics in Japan has led to a stark shortage of skilled accounting professionals. The ongoing drain of competent talent threatens to disrupt business operations on a national scale.

Solution: Building a Sustainable Future with a Circular Business Model

To address this workforce crisis and nurture sustainable business operations, we are pioneering a circular business model. Our latest venture, Miracle Accounting Co., Ltd., founded in April 2025, integrates our extensive accounting expertise with the latest AI technologies to promote accounting digital transformation (DX). This initiative goes beyond mere efficiency, targeting unparalleled productivity gains. Simultaneously, our focus on personnel development through training programs will help cultivate a pool of talented accounting professionals, thus ameliorating workforce scarcity.

Realizing Our Dream

The confluence of AI (technology), Consulting (expert advice), and Talent Development (education) operates within our unique circular model, enabling substantive reforms initiated from the accounting sector:

• - Fundamental Solutions for Labor Shortage: By advancing accounting DX through AI-integrated consultative approaches, we aim to enhance societal competencies and mitigate labor shortages, facilitated by our educational initiatives.
• - Innovating Soft Infrastructure: Delivering strategic accounting consultancy aligned with overarching business strategies to fortify Japan's commercial ecosystem, making it more resilient and sustainable.
• - Transforming the Accounting Profession Into a Coveted Career: Promoting the appeal of the accounting consultant role as an essential career path, and inspiring a new generation to embrace accounting as a desired profession.

Through these initiatives, we are dedicated to transforming our dream into a reality, ensuring that accounting not only survives but thrives in the future of Japan's business landscape.

The April Dream initiative marks April 1st as a day for organizations to share their aspirations publicly, and we are wholly committed to achieving our vision.