We would like to inform you that we have signed a collaboration agreement with Zhejiang Meisuo Electric Technology Co., Ltd. as of December 4, 2024. The collaboration we have undertaken with this company has a high affinity in the power relay market and the solenoid market, and we expect business expansion. Furthermore, by utilizing the management resources and business foundations of both groups in the Chinese and Japanese markets, we are confident that both companies will be able to respond accurately to the customer needs in Japan and China.

We would like to inform you that we have entered into a stock transfer agreement to acquire all shares of Daiichi Electric Co., Ltd. as of June 19, 2024. The capital participation and business alliance we have undertaken with the company have high complementarity and affinity in the power control relay market, and we expect business expansion. Furthermore, we are confident that by providing and utilizing the management resources and business foundation of our group, we will achieve synergy effects for both companies.

The "Disaster Prevention Technology Exhibition" in Yokohama, which we are scheduled to exhibit at, has been postponed again to March 17 (Thursday) to March 18 (Friday), 2021, due to the declaration of a state of emergency. We look forward to welcoming everyone on the new dates.

As of October 1, we have been certified as a "Yokohama-type Community Contribution Company," and as of December 1, we have received certification as a "Yokohama Intellectual Property Future Company." We have been recognized for our efforts in contributing to the community and for being a company that aims for growth towards the future. While leveraging both systems, we will continue to strive to meet our customers' needs.

To promote Fukushima Prefecture, the Fukushima Support Company Network is engaged in various activities. These include the use of Fukushima-produced ingredients in employee cafeterias, the adoption of local Fukushima menus, utilizing Fukushima products for direct sales markets, gifts, and commemorative items, promoting the use of facilities within Fukushima for tourism, hosting conventions in Fukushima, and organizing lectures to deepen understanding of the safety of Fukushima ingredients, among other diverse activities.

Dear Sir/Madam, I hope this message finds you in good health and spirits. Thank you very much for your continued support and patronage. We are pleased to announce the opening of our Kyushu Sales Office as part of our efforts to expand our business. All of our employees are committed to working diligently in our endeavors, and we would greatly appreciate your continued support and encouragement. The address of the Kyushu Sales Office is as follows. For the time being, please direct any inquiries to our headquarters. This is just to inform you. September, 2020 Toho Electric Co., Ltd. President and CEO, Kazuhiko Ito