Sanrio Pension Fund

Ultimate governance authority sits with Sanrio Company, Ltd. President and CEO Tomokuni Tsuji, as the plan sponsor's senior-most executive. Day-to-day investment management and manager selection are delegated to the fund's internal investment committee alongside external fiduciary managers and trust banks, a standard structure for Japanese contract-type corporate pension plans.

The fund is the defined-benefit corporate pension plan wholly sponsored by Sanrio Company, Ltd. It is a contract-type (規約型) scheme, meaning the plan document is established directly between the employer and employees under Japanese pension law, rather than through a separate pension fund entity. A related plan, the Sanrio Group Defined Benefit Corporate Pension, covers other entities within the Sanrio group.

Yes, like many Japanese corporate pension funds seeking to meet long-term defined-benefit obligations in a low-yield domestic environment, Sanrio's portfolio includes allocations to global real estate, infrastructure, private credit, and hedge fund strategies. The exact composition and manager roster are not publicly disclosed.

The fund operates under Japan's Defined-Benefit Corporate Pension Law (確定給付企業年金法), which sets funding, fiduciary, and disclosure requirements for contract-type plans. The sponsor is subject to oversight by Japan's Financial Services Agency and Ministry of Health, Labour and Welfare for pension-related governance and actuarial soundness.

No. Sanrio Company, Ltd. does not separately disclose the assets under management of its corporate pension fund in its annual securities filings or investor materials. The fund's asset size remains undisclosed in the public domain.