We, THAI YOKOREI Co., Ltd. will establish a new "Suvarnabhumi Logistics Center (tentativename)" in the Asia Industrial Estate (Suvarnabhumi) in Samut Prakan Province, Thailand. On November 20th a groundbreaking ceremony was held, and our executives and employees and construction personnel attended. THAI YOKOREI Co.,Ltd. a subsidiary of YOKOREI Co.,LTD. was established in Bangkok in 1989 for the purpose of operating a refrigerated warehouse. In 1991 Samrong Logistics Center in Samutprakarn Province was opened, In 1992 Bangpakong Logistics Center in Chachoengsao Province was opened and in 2011 Wangnoi Logistics Center in Pha Nakorn Si Ayuthaya Province was opened. They have grown into one of Thailand's top cold storage logistics companies, with 7 cold storage logistics warehouses in 3 bases, with a total capacity of approximately 95,600 tons (approximately 72,000 pallets). The planned construction site, Asia Industrial Estate (Suvarnabhumi), is located 28 km east of Suvarnabhumi International Airport and has good access to Highway 7. It is expected to attract business from major food manufacturers in the future. With an eye on the next era, we have introduced equipment that is specialized in high performance, labor saving, and manpower saving, just like in Japan, as part of our "Logistics Transformation in Thailand. "Once completed, the new center will leverage the network with the existing centers and become a new foundation for Thailand's cold storage logistics companies. In his opening speech, Chairman Yoshikawa Toshio expressed his gratitude to the attendees and said the following: "The name 'Suvarnabhumi' means 'golden land,' and as this origin suggests, I am confident that the construction of this center will lead to a bright and shining future. The center will be one of the largest cold storage warehouse in the YOKOREI Group, For the customer's requirement , we're provided the space for a raw chicken area and a freezing device with a freezing capacity of 50 tons per day. In addition, to provide food safely, we plan to introduce equipment that is standard in Japan. After the center is completed, we will strengthen cooperation within 8 buildings (with a capacity of 131,000 tons) at 4 locations in Thailand, and connect the world through the YOKOREI Group network. As a cold storage warehouse that will be responsible for the cold chain in Thailand, we are confident that we will be ableto further increase customer satisfaction." Overview of Suvarnabhumi Logistics Center (tentative name) Construction PeriodDecember 2024 to the end of December 2026 (planned)AddressAsia Industrial Estate (Suvarnabhumi), Samut Prakan Province, ThailandStructure and ScaleLow-rise refrigerated warehouse building: 2-story reinforced concrete structure (Refrigerated warehouse: 1st floor only)Automated warehouse building: Steel frame structure, eaves height 31.9mOffice building, etc.: One-story reinforced concrete structure・Site area 29,309 m2・Building area 15,338 m2・Total floor area 15,405 m2Capacity・Capacity: 35,676 t・Freezing room: 50 t (25 t x 2rooms)・Pallets: 17,717 PL Main equipment Highly efficient, energy-saving natural refrigerant cooling equipmentPositive pressure air conditioning systemAutomatic rack equipment, movable and fixed rack equipmentSolar power generation equipmentAutomatic rack equipment power outage countermeasures(UPS uninterruptible power supply)Office power outage countermeasures(UPS uninterruptible power supply/diesel generator)etc.CompletionSpring 2027 (planned)

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Thai Yokorei celebrated its 30th anniversary on February 15, 2020. To boost employee morale and encourage them to take care of customer’s products to the best of their abilities by making safety the number one priority. This is consistent with the top management's vision and policies and will lead the company to become a leading company in the country, similar to how the parent company grew to become a leading company in Japan.