Nissha Co., Ltd. (hereinafter "Nissha") is pleased to announce that its group company, Nissha Advanced Technologies Europe GmbH (Headquarters: Germany, hereinafter "NAT"), held a grand opening ceremony for a new factory dedicated to mobility exterior parts on April 28.

Nissha is engaged in the production of mobility exterior parts that combine decoration and functions, such as front grilles. The newly completed factory, constructed with an investment of 3 billion yen, is set to produce for European automobile manufacturers. With a total floor area of 5,000 square meters, the completion of this new factory will double NAT's current production capacity. This expansion significantly enhances our growth prospects in the mobility market.

The ceremony was attended by local government officials, including Thüringen Minister for Economic Affairs, Agriculture and Rural Areas as well as the mayor in the area where NAT is located.