Daifuku Co., Ltd. Announces Executive Management Team Changes


SALT LAKE CITY - April 1, 2008 - Daifuku Co., Ltd. is announcing today that two of its executive management team leaders have accepted new positions within the company. Effective today, Masaki Hojo will assume the role of President and Co-CEO. Katsumi Takeuchi who had held the role of President and CEO will now serve as the company's Chairman and Co-CEO.

In addition to his position of Co-CEO of Daifuku, Hojo also serves as Co-CEO of Jervis B. Webb Company that was acquired by Daifuku in November 2007. Prior to returning to Daifuku Japan to serve on its executive management team, he served as President of Daifuku America Corporation.

These management changes are aligned with the company's strategic plan to further strengthen its global operations. Currently, Daifuku has offices in the United States, Canada, China, Europe, India, Japan, Korea, Malaysia, Singapore, Taiwan and Thailand.

Daifuku America Corporation will continue to be led by Ryuichi Kitaguchi, Daifuku America Corporation president and his executive team comprised of Nobo Morita, executive vice president of the Manufacturing & Distribution division, Naotaka Shirai, executive vice president of the Cleanroom division and Akihiko Nishimura, vice president of the Automotive division. Daifuku America Corporation is headquartered in Reynoldsburg, Ohio with sales and engineering offices in Salt Lake City, Utah and Chandler, Ariz., several service offices throughout the U.S. and an equipment manufacturing facility that is also located in Reynoldsburg, Ohio.

About Daifuku Co., Ltd.

With over 20,000 global crane installations, no one is more experienced than Daifuku at engineering high-performance automated material handling and warehouse management systems, specifically designed to meet and overcome any challenge. Daifuku Co., Ltd. is headquartered in Osaka, Japan.

About Daifuku America Corporation

Daifuku America Corporation, the North American affiliate of Daifuku Co., Ltd., is a material handling equipment, software and service provider for the material handling and distribution, automotive and cleanroom sectors. For information on Daifuku's complete offerings visit www.daifukuamerica.com .

Press Contacts:

Shana Relle, Daifuku America Corporation, 801-573-6028, shana_relle@daifukuamerica.com

Stephanie Miller, Daifuku America Corporation Public Relations, 801-487-4800 x107, smiller@ppbh.com

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