Restructuring of U.S. Operations through the Merger by Absorption of YOROZU AUTOMOTIVE NORTH AMERICA, INC.

A standalone organizational restructuring in which the dormant ヨロズオートモーティブノースアメリカ company was absorbed by ヨロズアメリカ, with the aim of reorganizing U.S. production operations, reducing administrative costs, consolidating management resources and improving capital efficiency.