[Overseas Expansion] Steel, aluminum, chemicals/polymer necessary for automobiles

Governor Patrick Morrisey expressed gratitude for Toyota's announcement of an additional investment of \$453 million (approximately 68 billion yen) in its manufacturing plant in Buffalo, West Virginia. This significant investment not only demonstrates a commitment to the local economy but will also create 80 new jobs at the facility. Governor Morrisey stated, "This ongoing investment is a strong testament to Toyota's confidence in our state's economy and workforce. We take pride in seeing Toyota continue to grow in West Virginia." He added, "We thank Toyota for believing in our state's workers, communities, and the shared future we have." Details of the investment: Investment amount: \$453 million New jobs: 80 Purpose: Increased production of four-cylinder hybrid-compatible engines, and increased production of the sixth-generation hybrid transaxle and rear motor stator Start date: Production capacity expansion planned for 2027 Toyota West Virginia is a key hub in global hybrid technology, assembling over one million engines, transmissions, and hybrid transaxles annually. (Announcement by the governor on November 18, 2025)

West Virginia will exhibit at Automotive World 2026 in Tokyo. Event Dates: January 21 (Wed) to January 23 (Fri), 2026, 10:00 AM to 5:00 PM Location: Tokyo Big Sight, West Exhibition Hall Booth Number: W10-82 Top-level automotive parts manufacturers are already located within the state, and a robust supply chain has been established. The abundance of natural resources necessary for EV battery manufacturing, the vast land available for large-scale factory construction and operation, and competitive electricity supply provide significant advantages for manufacturers. For specific inquiries regarding expansion and investment, a specialized team from the United States, along with Japanese staff, will be available to answer questions on-site. Additionally, you will have the opportunity to hear directly from two automotive parts manufacturers, Diamond Electric Holdings Co., Ltd. and Japan Thermostat Co., Ltd., who are already operating in West Virginia, about their products, technologies, and business activities in the U.S. Why not find your next business growth opportunity in North America, West Virginia? We sincerely look forward to your visit.