METALART CORPORATION

This report provides comprehensive disclosure of the business activities, management policies, business environment, risks, capital allocation and other matters of a corporate group primarily engaged in the manufacture and sale of forgings. It focuses on the Forged Products Manufacturing and Sales business, which includes one affiliated company and 2 consolidated subsidiaries. The group has an overseas subsidiary, PT.METALART ASTRA INDONESIA, in Indonesia, which manufactures and sells forgings locally. In Japan, the group operates multiple plants, primarily in Kusatsu, Shiga Prefecture, while its domestic group company, ㈱メタルヴィレッジ, manufactures and sells agricultural products. The only reportable segment is Forged Products Manufacturing and Sales, with sales disclosed by category as automotive parts, construction machinery parts, agricultural machinery parts and Other. Under its 2030 Group Vision, the group is promoting ESG management and has set targets including CO2 reduction targets.