Title: Shibaura Warehouse Announces Establishment of New "Risk Management Department" with Appointment of Executive Officer Hideki Monzawa as Head - Integration of Risk Management and Compliance Promotion Functions Previously Dispersed across Departments for Company-wide Efficiency.

Recently, Shibaura Warehouse announced the establishment of a new "Risk Management Department" effective April 1st as part of its organizational reform. Mr. Hideki Kadokura, an executive officer, will assume the role of head of the Risk Management Department. The new department aims to consolidate risk management and compliance promotion functions, which were previously dispersed across various departments, to ensure comprehensive and effective risk management at the company-wide level.