Tsubakimoto Kogyo Co., Ltd. announced that it has reached an agreement with the customer regarding the announcement of the conclusion of a contract for the delivery of the manufacturing equipment for polarizing film as follows. Demand for large polarizing films for liquid crystal display TVs is expected to continue in China. Based on the capital investment plans of the following customer in anticipation of such demand, the Company received an order for the delivery of the manufacturing equipment for polarizing film.

Outline of the Agreement: Customer/Delivery destination: Name: Hengmei Optoelectronic Corporation (Kunshan City, People's Republic of China); Business description: Development, manufacture, and sale of polarizing films and other optical functional films and related products; Equipment to be delivered: The manufacturing equipment for polarizing film; Contract price: Not disclosed (based on the agreement with the customer); Delivery schedule: Sequentially until around September 2025.