19.(d) Ironworks

Japanese name: Tozan Iron Works

Brazilian name: Officina Meccanica de Tozan

As a domestic industry in Brazil, we believe that it will be a solid and affordable business with a promising future, and the Tozan Iron Works is one of our recent ventures. Originally, such a project should be achieved through gradual expansion based on constant research efforts and long experience. Currently, our factory facilities are comparable to those of a small-scale ironworks in Japan, but we are planning to gradually expand our facilities and improve our technology. The factory is located in Sao Paulo, and about 80 Japanese and Brazilian craftsmen are working under the technical guidance of experienced Japanese engineers, and the company is already producing high-end products such as blowers, sheet metal cutting machines, eccentric compressors, and grinding wheels. The company is currently making prototypes and is steadily laying the groundwork for its future success in the Brazilian industry.