We continue to take our Japanese engine certification misconduct issue very seriously, summarized our measures for preventing the recurrence of such misconduct as a "Recurrence Prevention Report in Response to the Correction Order regarding Type-approval Violation," submitted it to the Ministry of Land, Infrastructure, Transport and Tourism ("MLIT"), and have been actively pursuing the measures set forth therein.

　Regarding the progress of our drastic recurrence prevention measures, including the "three reforms" for revitalizing our company, as of the end of March 2023, we have submitted the second quarterly report to MLIT today, following the first report on January 13, 2023.
　That report describes the concrete activities for each of the reforms through the diffusion of "HINO Way," which is centered on the "three reforms," under the new execution system adopted in February 2023.

　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.

　

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