Happy New Year! I would like to express my joy that everyone is welcoming a brilliant new year. I also want to thank you for your tremendous efforts over the past year, and we will continue to strive for further improvements in our services this year. We kindly ask for your continued support and patronage. This year, each of our representatives is looking forward to interesting projects involving overseas and domestic parts that we will be launching. Naturally, when I travel abroad (to Europe, America, China, etc.), I hope to share the details with you. Additionally, last year the international commercial vehicle exhibition "IAA" was held in Hanover, Germany. A total of six members from our company attended the event. If you are interested in new products, please feel free to contact us. The next IAA is scheduled to be held in September 2020. Our company typically sends multiple groups of sales staff, so we assist our customers not only with negotiations with the manufacturers we represent at the venue but also with discussions with new business partners. We hope you will consider utilizing our services during that time. Sales Department, Vehicle Division, Ikeda

Regarding the factory audit of SAF-HOLLAND's Dumas plant (North America, Arkansas) We are reporting on our company website. ★About SAF-HOLLAND It is one of the world's leading manufacturers of truck and trailer parts, with bases in various countries. The market is largely divided between America and Europe, and in this field, it holds the second-largest total sales record in the world. ★Our relationship with the company Our company established a joint venture, Japan Holland Co., with HOLLAND HITCH, the predecessor of SAF-HOLLAND, in 1971. Later, when the German company SAF merged with HOLLAND, we also became Japan SAF-HOLLAND and have continued to this day. *For more details, please visit our website.

Hello everyone, this is Seko from the Sales Department, Chemical Products Division. Recently, I participated in a study session on crude oil and naphtha as part of our new employee training. Naphtha is a light oil obtained by distilling crude oil and is used as a raw material for petrochemical products. Since naphtha is derived from crude oil, its price fluctuates due to various factors. Some of the products we handle are produced from this naphtha, making information on price fluctuations very important. In the latter half of 2018, key points of interest include price controls by President Trump, trends in production cuts by OPEC and non-OPEC oil-producing countries, movements in Russia, geopolitical risks in the Middle East, and developments concerning Saudi Arabia, Iran, and Syria. Finally, let me introduce the products we handle that are made from naphtha! 1. SBS LCY in Taiwan is a major manufacturer of thermoplastic rubber (SBS) with factories in China and the United States. 2. SIS SIS (Styrene-Isoprene-Styrene) thermoplastic elastomer manufactured by BALING, a major company in the SINOPEC group in China. *For product details, please check each product page. *We are also offering free samples, so feel free to contact us if you are interested!