We extend our deepest condolences to those who lost their lives in the recent earthquake off the coast of Cebu, Republic of the Philippines, and offer our heartfelt sympathies to all those affected by this tragedy.

At present, within our Group companies in the Philippines, including our shipbuilding base TSUNEISHI HEAVY INDUSTRIES (CEBU), Inc. (“THI”), we can confirm that there have been no reported casualties among employees, their families, business travellers, or external visitors.

With regard to operations at each site, production will be resumed in stages once the condition of infrastructure and facilities has been thoroughly assessed and employee safety can be assured.

We will continue to monitor developments closely and provide further updates should there be any changes to the situation.