Establishment of Sales Company in France

We are glad to state that Tadano Faun GmbH in Germany, a wholly owned subsidiary of Tadano Ltd., has established a company which conducts sales and service distribution in France.

1. Purpose
The Tadano Group upholds its long-term goal of becoming No.1 worldwide in the Lifting Equipment Industry, and the group positions France as one of the most important markets next to Germany in Europe.

Tadano Faun GmbH has conducted sales activities through its distributor thus far, but in order to further enhance its market share in France, Tadano Faun GmbH established a new company that conducts sales and service distribution of the group products. The Tadano Group aims to meet market needs in France with great care and quality, and reinforce sales and services from the user's perspective.

2. Summary of the new company
    (1) Name of the Company: TADANO France SAS
    (2) Establishment: February 19, 2016
    (3) Address: Sarreguemines, France
    (4) Capital: 50,000 EUR (wholly-owned subsidiary of Tadano Faun GmbH)
         (approx. 6.5 million JPY, 1 EUR=130 JPY)
    (5) Description of Business: Sale and after-sale service of construction cranes
    (6) Representative: Jean-Marie Grossmann

Contact details for inquiries:
Tadano Faun GmbH
Mr. Thomas Schramm
Tel. +49-(0)9123-185-5260