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ITOKI CORPORATION (Head office: Chuo-ku, Tokyo; President and CEO: Koji Minato; hereinafter, "the Company") will complete construction of the Shiga Plant AP Center in September 2022, with full operation scheduled to begin in January 2023.

Due to changes in office trends in recent years, changes in the functions of center offices due to the rapid diversification of work styles caused by the coronavirus shock, the shift to DX and paperless offices, etc., we are now focusing on steel sheet metal processing. There is an urgent need to shift from a mass-produced production and supply system to a system that can flexibly produce and supply products made from a variety of materials, shapes, and technological element variations while keeping costs down. I've been here.

In light of these issues, we need to improve productivity by establishing an assembly process center (AP center), which is a new form of manufacturing, and by consolidating and reorganizing dispersed production lines. I have determined that there is.

The AP Center, which we have recently constructed within our Shiga factory, is a center where we centrally store, assemble, and ship our products, and we have adopted an assembly production method for office products with the aim of reducing cost rates. We aim to strengthen our business operations and expand profits. At the same time, demand for Systema Streamer SAS-R * is rapidly increasing in the logistics market, and as production space at the former electronics factory became scarce, we relocated it to the AP Center. We aim to further increase profits by improving production capacity.

As we promote our medium-term management plan, which ends in fiscal 2023, we are implementing various structural reforms and working hard to realize them. We will continue to strive to improve our corporate value, and we appreciate your continued support and encouragement.