Signing of Comprehensive Agency Contract with Nagano Industries Co., Ltd. for South Korea

TOUCHI INTERNATIONAL CORP. has formally concluded a comprehensive agency (trading company) contract with Nagano Kogyo Co., Ltd., a Japanese manufacturer of aerial work platforms (Chikuma City, Nagano Prefecture), for the Korean market.

Background and Significance of the Contract Conclusion

With the active investment in construction and infrastructure in Korea, the demand for construction machinery, including aerial work platforms, is increasing year by year. Nagano Industries Co., Ltd. is a manufacturer that boasts one of the leading technological capabilities and track records in the aerial work platform field in Japan, and its product quality and reliability are highly evaluated both domestically and internationally. Our company will leverage our years of experience in international trade and our network in the Korean market to take charge of building the sales and service system for their products in the Korean market.

Comments from Both Companies

President Ryu Kokushi stated, "We are very pleased to be able to deliver Nagano Industries' excellent products to the Korean market. We are confident that this partnership, which combines the strengths of both companies, will greatly contribute to improving safety and efficiency at construction sites in Korea." With this contract, our construction machinery business has entered a new growth trajectory, in addition to exporting used construction machinery from Japan, by expanding new construction machinery overseas.