We have agreed with MHI that MHI grants to us the license for manufacturing and marketing their deck machinery. This license agreement has been concluded in response to our request to expand new business by manufacturing deck machinery. MHI aims to expand their market share on the marine machinery based on their technology.
The license consists of various configuration types of deck machinery, which are applicable to any type of vessel. MHI provides hydraulic pumps and motors as its power source, and we plan to manufacture the deck machinery in the block building facility of Dalian Imaoka Shipbuilding Co., Ltd. Dalian, China.
We are at the first place in Japan both in the total shipbuilding tonnage and turnover, and building various types of vessels. We adopt MHI's deck machineries, including anchor windlass used while anchoring and mooring winch used while mooring to berth, port/harbor facilities, that are highly evaluated by MHI's customers in terms of having good performance record, reliability, durability, quick responsiveness and so on.
We continue to develop our business actively in the field of deck machinery as well.