In April 2012, we established the Technology Development Center, our new research facility, at our Gifu Plant.
This Center, upgraded and outfitted with even more sophisticated research and development facilities and testing equipment, will without doubt be a strong research and development base for Meiwa Industry. The Center will not only be concerned with new technology for developing automotive parts and home construction materials, but also for developing original equipment for improving quality, productivity and rationalization. Various research and development projects to further increase production efficiency are underway.