Hirata received two large-scale orders for EV-related production equipment. Some general information on the orders is outlined below. Please note that the company are unable to disclose the full details due to strict confidentiality agreements with the customer.

The expected value of the orders is over ¥10 billion for EDU(Electric Drive Unit) assembly facilities for electric vehicles: 2 lines. The sales of this project will be recognized in stages until the project completion by the percentage-of-completion method.