Signing of Comprehensive Agency Contract with Nagano Industries Co., Ltd. for South Korea

TOUCHI INTERNATIONAL CORP. has officially entered into a comprehensive agency (trading company) agreement with Nagano Kogyo Co., Ltd. (Chikuma City, Nagano Prefecture), a Japanese aerial work platform manufacturer, for the South Korean market.

Background and Significance of the Contract Signing

With the active construction and infrastructure investment in South Korea, the demand for construction machinery, including aerial work platforms, is increasing year by year. Nagano Kogyo Co., Ltd. is a manufacturer that boasts one of the leading technical capabilities and track records in the aerial work platform field in Japan, and its product quality and reliability are highly evaluated both domestically and internationally. Our company will leverage our years of experience in international trade and our network in the South Korean market to take charge of building the sales and service system for their products in the South Korean market.

Comments from Both Companies

President Ryu Kokushi stated, "We are very pleased to be able to deliver Nagano Kogyo's excellent products to the South Korean market. We are confident that this partnership, which combines the strengths of both companies, will greatly contribute to improving the safety and efficiency of construction sites in South Korea." With this contract, our construction machinery business has entered a new growth trajectory, adding the overseas expansion of new construction machinery to the export of used domestic construction machinery.