December 7, 2016

AIDA ENGINEERING, LTD

Kimikazu Aida, President and CEO,

Notice of Notice of Notice of Notice of winning winning winning winning 2016201620162016----2017 MF Technology Grand 2017 MF Technology Grand 2017 MF Technology Grand 2017 MF Technology Grand PrizesPrizesPrizesPrizes

We are pleased to announce that the following two prizes have been awarded to Aida and its

associated customers at the "MF Technology Grand Prize" sponsored by the General Incorporated

Japan Forming Machinery Japan Forming Machinery Japan Forming Machinery Japan Forming Machinery Association (Association (Association (Association (JFMA)JFMA)JFMA)JFMA).

"MF Technology Grand Prize"MF Technology Grand Prize"MF Technology Grand Prize"MF Technology Grand Prize

Prize winning productPrize winning productPrize winning productPrize winning product: Integral forming of β-type titanium alloy part ~ Reduction of number of

processes achieved by servo press ~ (eyeglass part)

Prize winning companies:Prize winning companies:Prize winning companies:Prize winning companies: Aida Engineering Co., Ltd. and CharmantAida Engineering Co., Ltd. and CharmantAida Engineering Co., Ltd. and CharmantAida Engineering Co., Ltd. and Charmant (Sabae City, Fukui Prefecture)

Reason for winningReason for winningReason for winningReason for winning: With the processing method making full use of the advantages of servo press

motion, reduction of 11 steps of processes including a secondary process such as annealing has been

realized. Particularly, it was evaluated that we succeeded in raising the fluidity of the material by

moving the slide up and down several times during a stroke, and in securing the dimensional

accuracy by the motion that the slide passes bottom dead center multiple times.

By introducing this processing method, merits such as saving of material itself and extension of die

life have been achieved.

※For Award details, please visit the Japan Forming Machinery Association website at:

https://j-fma.or.jp/images/2016/12/mf_g-seihingaiyou.pdf

DSF-N1 Series Titanium eyeglass part

"MF Encouragement Prize""MF Encouragement Prize""MF Encouragement Prize""MF Encouragement Prize"

Winning product:Winning product:Winning product:Winning product: Press forming of damper parts with seven servo tandem presses (automotive parts)

Winning companiesWinning companiesWinning companiesWinning companies: Aida Engineering Co., Ltd. and Exedy CorpAida Engineering Co., Ltd. and Exedy CorpAida Engineering Co., Ltd. and Exedy CorpAida Engineering Co., Ltd. and Exedy Corp.... (Neyagawa City, Osaka Prefecture)

Specific achSpecific achSpecific achSpecific achievement:ievement:ievement:ievement: Product quality was improved by press forming without off-center loading.

Operation rate was increased by eliminating frequent moment stops.

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※※※※What is "MF Technology Grand Prize"? (What is "MF Technology Grand Prize"? (What is "MF Technology Grand Prize"? (What is "MF Technology Grand Prize"? (ExcerptExcerptExcerptExcerpt from JFMA news release)from JFMA news release)from JFMA news release)from JFMA news release)

The MF Technology Grand Prize is a combination of seven elements of forming presses, product processing, dies, systems, materials, assembly and research indispensable for MF (Metal Forming), which enhances the ability of plastic forming technology using forming machines We are aiming to contribute to the development of plastic forming processing technology from upstream to downstream by disseminating the result of total eco product production. In order to prove the advantages of forming presses with quality of final products, we award the association of forming press builders and press users, etc. As a culmination of plastic forming technology using forming machinery (including laser and plasma processing machinery), we consider the MF Technology Grand Prize is the world's highest class prize of forming machines.