タカショー（7590） – Notice of Construction of New Plant of Chinese Subsidiary

May 13, 2022Company name: Takasho Co., Ltd.Representative: Nobuo Takaoka, President Securities Code: 7590 Stock Exchange: Tokyo (Prime)Notice of Construction of New Plant of Chinese Subsidiary (Head office: Foshan City, Guangdong Province; Chairman: Ryosuke Furusawa; hereinafter “Nanfang Gaoxu”), a Chinese subsidiary responsible for manufacturing outdoor lighting equipment, will build a new plant with a total area of 8,556 ㎡ (4floors) to increase the production capacity and quality of outdoor lighting equipment. The new plant will have a total area of 8,556 square meters (4floors). The new plant is scheduled to start operation in February 2024(Construction will be started in January 2023).The total factory area of Nanfang Gaoshu will be increased from the current 1,814.6 ㎡ to 8,556㎡, a 4.7-fold increase. We will consolidate all functions of “office, product development/quality control, processing/manufacturing/product inspection, and distribution warehouse into the new factory to improve the production efficiency. Also, we will handle further demand in future by the new automation processes of inspection covered by the capital investment. In addition, the production area will be expanded from 513 ㎡ to 2,116 ㎡ (3rd-4th floor), approximately four times the current size, and the number of employees can be increased to approximately 200, enabling a significant increase in production capacity. The new facility will have the flexibility to expand to accommodate new business development in the future, such as OEM in overseas markets, LED Image perspective of the cafeteria buildingImage perspective of the new plant sign manufacturing, and mass production of B-to-C products, in addition to the current production of outdoor lighting equipment. Furthermore, we will make a capital investment for the renovation of the current company housing (3 floors) and the cafeteria to improve the working environment for employee.Image perspective of the cafeteria buildingProduct warehouse area: 840 ㎡ (1st floor product warehouse) Parts warehouse area: 196 ㎡ (3-4 floors) Office area: 1.911 ㎡ (2nd floor offices, Accounting and general affairs, development, testing, conference room, product control room, exhibition room, and Warehouse.) Office area: 615 ㎡ (offices, development, accounting and general affairs, meeting rooms, warehouse) Others: 1,021.6 ㎡ (aging, test rooms, materials area, etc.) 【Outline of the new factory】Floor space: 2,139 ㎡Total factory area: 8,556 ㎡ (4 floors) Production area: 2,116 ㎡ (3-4 floors) (Reference) Outline of the current factory Total factory area: 1,814.6 ㎡Production area: 513 ㎡Product warehouse area: 280 ㎡【Company Housing Building Renovation Plan】Flat area: 332.53 ㎡3 floors building total renovation area: 997.59 ㎡###