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Toshiaki Ujiie President and CEO Tadano Ltd.202410.jpg

Under the slogan "Reaching new heights - Entering a new era -," the Tadano Group has formulated a new three-year Mid-Term Management Plan (24-26) based on four basic strategies: "Advancing decarbonization," "Venture into new areas," "Manufacturing reforms that leverage strengths," and "Establishing footholds to support transformation." Fiscal year 2024 is the first year of this plan.

With "Advancing decarbonization," in 2023 we began sales of the world's first fully electric rough terrain crane, the EVOLT eGR-250N, achieving zero CO2 emissions in both traveling and crane operations. Products with zero environmental impact are positioned as our "Tadano Green Solutions," and we will continue to expand the lineup and increase sales as we take the lead in environmental action.
In the "Venture into new areas" strategy, we will accelerate the global expansion of the aerial work platform business. In February 2024, Tadano acquired Nagano Industry (later renamed Tadano Utilities), a Japanese top manufacturer of self-propelled crawler aerial work platforms, expanding our product lineup and producing synergy in development and production areas. We will utilize these advances to carry out new product development.
For the third basic strategy of "Manufacturing reforms that leverage strengths," we will strive to improve quality by consolidating the respective areas of expertise of each plant that are decentralized around the world and working to increase Tadano's brand value.
In the fourth strategy of "Establishing footholds to support transformation," based on the keywords of "Reliability to use" and "Long time to use," we will strengthen the service capabilities for our products. We will also advance automation and energy saving in our manufacturing processes, and promote IT, to overcome challenges in labor shortage and succession of technical know-how and to work for further improvements to safety and quality.

In addition to the basic strategies described above, we are addressing sustainability issues and promoting management with consideration for capital cost and stock price. Furthermore, we are striving to allocate the fund earned from operations to future-oriented investments for growth and stable management and return it to our shareholders.

As a global leading company, the Tadano Group will provide new value focusing on the safety of our customers and the environment, meet the expectations of all stakeholders, and maximize our corporate value as we aim to achieve our goal of "Pursuing Further Excellence for the World and the Future."

We look forward to your continued understanding and support.

October 2024
Toshiaki Ujiie
President, CEO, and Representative Director
Tadano Ltd.

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