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Notice about the influence of the flood disaster on our subsidiary

October 11, 2011

Dear partners and customers,

The flood disaster that has occurred in Thailand has made significant influences over our subsidiary. As to this matter, we announce the following information.

1. Damage situation

The flood damage, which has occurred in a large region of Thailand, has reached Saha Rattana Nakorn Industrial Estate where our subsidiary YOSHITAKE WORKS (Thailand) Co., Ltd. (hereinafter referred to as "YWT") is located. Then Industrial Estate Authority of Thailand issued an evacuation order and closed the industrial estate on October 4, 2011. According to this, YWT has stopped to operate. Also, due to the difficult access to the surrounding area, detailed information on the damage of the factory is not grasped.
However, based on information from witness around the place, we assume that more than two-meter depth of water has caused a great damage to YWT. Therefore almost all of the production equipments in YWT would be under water. At present, restoration time cannot be expected.

2. Product delivery

It is expected that delivery delay or cancel will occur for our Thailand products. Now we are preparing all the possible measures against these situations.
However, we can announce our specific measures for delivery after we grasp the details of the damage. We apologize for any inconvenience this may cause to you, and we thank you for your understanding.


Sincerely,

Tetsu Yamada
President
   Yoshitake Inc.

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