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Notice of Closing of Acquisition of Pon Material Handling NA, Inc. and of Company Name Change

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With regards to the public announcement made by Mitsubishi Logisnext Co., Ltd. (the "Company") on April 11, 2019

titled "Notice of Acquisition of U.S. Material Handling Equipment Dealer, Pon Material Handling NA, Inc." whereby the

Company's consolidated subsidiary Mistubishi Logisnext Americas Inc. would acquire all of the outstanding equity interests

of Pon Material Handling NA, Inc., the Company hereby announces that as of July 1, 2019, the acquisition was completed

and that such acquisition will result in a company name change from Pon Material Handling NA, Inc. to Equipment Depot,

Inc..