Toyo advanced Technologies Co., Ltd

Acquisition of Toyo Advanced Technologies

[Photo]

ITOCHU acquired 70% of shares in Toyo Advanced Technologies Co., Ltd., from Mazda Motor Corporation. We utilize our overseas networks to expand the sales of the machine tool business, one of the business domains of Toyo Advanced Technologies. In the automobile parts business, another key business domain, as an important components supplier to Mazda, the company provides products with even greater added value than before, and will further deepen the collaborative relationship between ITOCHU and Mazda. In addition to these activities, we are fully involved in the management of Toyo Advanced Technologies, with the aim of further increasing the corporate value and boosting profitability of the company.