Nippon Conveyor Submits Shareholder Proposal to Meiji Machine

Meiji Machine Co., Ltd. is a Japan-based company mainly engaged in the industrial machinery-related business, solar-related business, and real estate-related business. The Company operates through three business segments. The Industrial Machinery segment manufactures and sells flour milling, compound feed and other industrial machinery. The main products include a set of milling equipment such as roll machines, millstones, purifiers and others, complete feed production equipment such as roll mill, hammer mill, selective equipment and others, other industrial machines such as various crushing roll machines, hammer mills and others. The Solar-Related segment is involved in the sale of solar power generation system equipment, the sale, installation and maintenance solar power generation facilities, as well as the provision of solutions for carbon-free.