...Sodick is firmly committed to non-proliferation of Weapons of Mass Destructions (“WMD”) and strictly implementing export control based on the foreign exchange and other international laws under the applicable international agreements concerning the export and transfer of WMD related cargo and its technology.

To comply with the applicable laws such as Foreign Exchange Act and to execute the appropriate export control, we have established the Security Export Control Systems and Procedures in our organization.

Prior to each sale of our machinery, we conduct a thorough investigation of our customer and verify if our machine tool is intended to be used for civil purpose, not for development of WMD or other type of weapons.

Ever since Russia’s invasion of Ukraine, we have suspended all transactions with any party in Russia...