noun
Refers to the formal greetings or speech given at the beginning of the new year, often in a workplace or official setting.
社長が年頭の挨拶で今年の目標を発表した。
The company president announced this year's goals in his New Year's address.
年頭の挨拶を交わすために、親戚が集まった。
Relatives gathered to exchange New Year's greetings.
Similar meaning, but 新年の挨拶 is more general and can refer to any New Year greeting, while 年頭の挨拶 often implies a formal speech or address at the start of the year.
Compound of 年頭 (beginning of the year) and 挨拶 (greeting).