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TOKAI RIKA to establish a new company for producing seatbelts in Indonesia

Aichi, Japan August 30, 2012 TOKAI RIKA CO., LTD. (Yuzo Ushiyama, President) has decided to establish a new company in Indonesia with Hsin Chong Machinary Works group (Taiwan). The new company will be established in an industrial town in Tangerang, where is neighboring to Jakarta. The new company will be called PT.TOKAI RIKA SAFETY INDONESIA and its establishment is planned in December 2012. This will be the second company in Indonesia next to PT.TOKAI RIKA INDONESIA which has already started production of switch and security products in Bekasi, West Java Province. The purpose of establishing the new company that produces seatbelts is to support the needs of TOKAI RIKAs customers actively and quickly in the country, where further expansion of the car market is expected. TOKAI RIKA is aiming to establish its local production system of the main products as switch, security, and safety products, and reinforce the business base in Indonesia. The summary of the new company 1.Name PT.TOKAI RIKA SAFETY INDONESIA 2.Location Kawasan Industri Manis, Tangerang, Republic of Indonesia 3.President 4.Establishment 5.Start of Production 5.Capital Masashi Nakagawa December 2012 (projected) April 2013 (projected) 9.3 Billion Rupiahs (Approximately 80 Million Yen) TOKAI RIKA CO., LTD. 51%, Wuxi Risho Technology Co., Ltd. 25% Hsin Chong International Investment Limited 20% PT.INDOSAFETY SENTOSA INDUSTRY 4% 130 Billion Rupiahs (projected for 2013) (Approximately 1.1 Billion Yen) Approximately 40 persons (projected for 2013) Seatbelts 9.3 Billion Rupiahs (Approximately 80 Million Yen) Approximately 1,500

6.Ownership

7.Target of Sales 8.Employees 9.Production


(Manufacturing & Sales)

10.Investment 11. Area of facilities

Exchange rate 121 Rupiahs = 1 Yen.

ReferenceNeighboring maps

Profile of Wuxi Risho Technology Co., Ltd.(Subsidiary of TOKAI RIKA CO., LTD.) Establishment Location Ownership Business description 2001 #38 Changjiang Road, Wuxi National Hi-Tech Industrial Development, Jiangsu, China TOKAI RIKA CO., LTD. 60 Hsin Chong International Investment Limited 40 Production and sales of Seatbelts

Profile of Hsin Chong Machinary Works Co., Ltd. Establishment Location Business description 1966 49-5 Fan Zu Liao, Zeiyuan Li, Ta-Shi Zheng, Tao Yuan, Taiwan Production and sales of Seat Systems and Seatbels

Hsin Chong International Investment Limited is an investment company of Hsin Chong Machinary Works Co., Ltd.

Profile of PT. INDOSAFETY SENTOSA INDUSTRY Establishment Location Business description 1988 JL. Manis Raya No.21 Kawasan Industri Manis Tangerang 15810, Indonesia Production and sales of Window Regulators and Seat Sliders

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