NEW COSMOS ELECTRIC CO., LTD. (Tokyo Stock Exchange Standard Market listing: Securities code 6824; Address: 2-5-4 Mitsuyanaka, Yodogawa-ku, Osaka; Tel: 06-6308-2111; President: Yoshinori Takahashi; Capital: 1,460 million yen) established an office in Paris, France in February 2023, and aims to strengthen the sales of gas alarms in Europe.

Background of the establishment of Paris Office

In 2022, we started the medium-term management plan “Medium-term Management Plan 2022-2024” , and we promote global expansion as one of our growth strategies and strive to improve our presence in the world.

The establishment of the Paris Office is part of this effort, and we will carry out activities with a view to develop in France the Natural Gas Alarms equipped with MEMS sensors, which are currently being deployed in the United States.

The outline of the Paris Office is as follows:

Profile of the Paris Office