On June 8, 2022, we conducted online corporate training on factory automation (FA) products— our main business areas—for students at the International Trade Institute (ITI) in Taiwan.

Held in collaboration with the Osaka Office of the Taiwan Trade Center (TAITRA), the training aimed to nurture businesspeople in Taiwan who are well versed in the various language of the world, and was provided through three bases, ITI (Hsinchu City, Taiwan), our overseas affiliate SETSUYO ENTERPRISE (New Taipei City, Taiwan), and our company SETSUYO ASTEC CORPORATION (Osaka City, Japan), for 34 students enrolled in a Japanese language class at ITI, who are working hard every day to acquire language skills and business knowledge.

The training consisted of a keynote speech by our President & CEO Motokazu Inaba titled “Factory Automation (FA) Supporting Asian Manufacturing Industries and Activities by Specialized Trading Companies,” an introduction of our company, and a question-and-answer session, followed by a discussion between ITI students and members of our Sales Department on the theme of “Examining Effective Sales Methods for the Globally Expanding Taiwanese Manufacturing Industry.”

In the discussion, we received proposals prepared in advance by ITI students for flexible, unique sales approaches aimed at building win-win relationships with product users and trading companies, culminating in a very fruitful and productive training session.

We would like to express our appreciation to the Growth Industry Promotion Office of Osaka Prefectural Government’s Department of Commerce, Industry and Labor for attending the training as an observer, and to the Taiwan Trade Center for their assistance in organizing the event.

Finally, We would like to wish all ITI students the best of luck and success in their future endeavors.

SETSUYO ASTEC CORPORATION

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Setsuyo Enterprise operated booths at Touch Taiwan - Smart Manufacturing Taiwan 2022, held in April 2022 at the Nangang Exhibition Center in Taipei, showcasing Mitsubishi Electric’s latest FA equipment and practical solution demos.

At the exhibition, we introduced a virtual model of our smart watch production line, which utilizes IoT/AI centered on Mitsubishi Electric’s “e-F@ctory” smart factory concept, as well as Mitsubishi Electric’s latest FA product demonstration equipment, including the “MELSOFT Gemini” 3D simulator and the “iQ-R” recorder unit, as products that constitute this model line. We welcomed many visitors primarily from the display industry and received a positive response.

Other partner companies also exhibited their products, which included an industrial infrared system for AOI by ADE Technology Inc., a wire-saving system by Anywire Corporation, and motion software by Movensys Inc.

With its presence in the Taiwanese market, we look forward to further contributing to the development of industry in Taiwan through joint e-F@ctory/Mitsubishi Electric proposal-making activities for factory automation equipment, and collaborative business with our partners.

We would like to extend our gratitude to the many people who visited our booths.

SETSUYO ENTERPRISE CO., LTD.

<Businesses That Supported the Booths>

(Taiwan)

ADE Technology Inc.

(Japan)

Anywire Corporation, MOVENSYS INC.

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