Submission of Quarterly Report on Engine Certification Misconduct Recurrence Prevention Measures
Jan 13, 2023
As described in the "Measures addressing Certification Issues," a press release announced on October 7, 2022, we continue to take our Japanese engine certification misconduct issue very seriously. Accordingly, we have prepared and submitted to the Ministry of Land, Infrastructure, Transport and Tourism ("MLIT") a Recurrence Prevention Report in Response to the Correction Order regarding Type-approval Violation ("Recurrence Prevention Report") describing comprehensive recurrence prevention and corporate revitalization measures, including the "three reforms," and have been actively pursuing the measures set forth therein. As of today, we have submitted the documents pertaining to such recurrence prevention measures, including the quarterly progress report, to MLIT.
We are committed to preventing the recurrence of engine certification-related misconduct through the implementation of these reforms. Management will continue take the initiative to effectuate the measures set forth in the Recurrence Prevention Report to prevent such recurrence.