To whom it may concern, We are glad to hear that things are going well for you.
We would like to express our thanks for your loyal patronage to Ibaraki Giken Limited.

Now, Our company in the recent difficult market environment for efficient management and execution to perform the fundamental management functions need to revise the judgment of the management in the further strengthening and the December 12, 2016, a Board of Directors resolution, January 1, 2017, new management structure, our business development intentions to our new location. Our vision for the global economy by.

Thank you again for your kindness.

Yours sincerely.

December 2016

• Ibaraki Giken Limited.

Chief Executive Officer / President

Satoru Mitsuya