It is announced that Mr. Osanai Toru has joined the company as the new president & CEO

as of June 1, 2012. _?xml_:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" />

He was on the board member of Toyo Engineering Korea and he has been with Toyo Engineering

Corporation, Engineering Management unit.

Former president/CEO, Mr. Miyashita kenjiro will be resigned his position and assigned as advisor.

The inauguration ceremony will be scheduled on June 4, 2012