News Release
1 March 2020
To whom it may concern
Showa Holdings Co.,ltd
Tatsuya Konoshita, Managing Director and CEO（Code 5103 TSE Second Section）
Contact PIC: Tomohiko Shoji
Managing Director,COO and CFO（Tel 04-7131-0181）
Current Operating policy for tennis clubs managed by Lucent, a consolidated subsidiary,
in response to the epidemic of the new coronavirus
Lucent Corporation (Hereinafter referred to as Lucent), a sports business subsidiaryof Showa Holdings, Inc. (Hereinafter referred to as Company), has decided thecurrent operation policy of its tennis club in response to the epidemic of newcoronavirus COVIT -19.
As part of our group's sports business, Lucent operates a tennis club regenerationand management business, and approximately 3000 members enjoy tennis and soft
tennis throughout Japan. Under the current circumstances, Lucent has decided thecurrent operation policy in consideration of the various "feeling and thought" of theirstakeholders, such as members of the tennis club and other related party, our social
responsibility, and Lucent's mission of " Make sports community more active" andhave notified our members of these decisions.
Japan and the world are currently facing difficulties. Based on the principle that "Beafraid, act right" our group will make every effort to contribute to society and thesports community.

(Press Release of Lucent)Current Operating policy in response to the epidemic of the new coronavirus
Dear Members:Thank you for always using Lucent Tennis Club.
Our company has made the following current operation policy of the tennis club's inresponse to the new coronavirus epidemic. The tennis club is open normally at themoment. On the other hand, we will extend the validity of the lessons until the endof the year so that those who take a day off can rest more easily.
On the other hand, for those who want to rest at home, we will extend the valid
period of the lesson for those who did not take the lesson until the end of the year
so that they can rest at ease.
As a company that runs a tennis club, Lucent's management has had many
discussions. Based on information on the coronavirus from WHO and other publicagencies and experts, we reviewed government requests, the situation of affected
people, the impact of school closures, and other news. Events around the world
have also been canceled or postponed significantly, and there is a lot of debate on
SNS about the pros and cons of decisions made by the government, municipalities
and event organizers. It was a difficult task for us as a tennis club operator to makea decision at this moment.
On February 29, Prime Minister Abe presented the standard at a press conference
as follows.
"In order to avoid the risk of a large-scale infection, we request cancellation,
postponement, or downsizing of sports and cultural big events where a large
number of people gather.""There were cases of infection spreading at sports gyms and buffet-style meals. For
the time being, I would like you to refrain from activities in places where ventilationis poor, where there is a high risk of contact with many and unspecified people, andI would like you to take sufficient measures to prevent infection."On the other hand, he said, "We hope that all possible measures will be taken toprevent infection, such as holding graduation ceremonies with a minimum numberof participants." and I thought that he was thinking about the balance with people’s"feeling and thought"..
The Ministry of Health, Labour and Welfare has also announced the following"For example, it is said that the risk of infection increases if you stay indoors for acertain period of time in a situation where you cannot keep enough distance fromeach other.""The Government of Japan does not make any uniform request to refrain fromholding events.""We ask that you take steps to reduce the chances of infection. Please prepare
measures to prevent the spread of infection, such as recommending participants towash their hands, installing alcohol disinfectants, and asking people with symptoms
such as a cold not to participate."
Our tennis club's lessons are small, with a maximum of eight people, and the natureof the tennis courts means that they are not crowded in the building. We took that
into consideration.
In the current situation, we considered the option of temporarily closing our tennis
school. Also, we considered to stop only juniors when the school closes. On theother hand, there must be members, users, staff members, and everyone withvarious thoughts, feelings, and circumstances regarding the point of "Whether I
want to play tennis or soft tennis now".
At such times, we thought that the most important criterion for making decisions
was how to respond to the "feeling and thought" of diverse people based on ourown mission and values. At the same time, we believe that we must give maximum
consideration and take concrete actions to fulfill our social obligations.

Our company Corporation's mission is to " Make sports community more active"
and its slogan is "Support the "Energy" for people all over Japan through sports
community.".
There are many people who want to continue playing tennis or soft tennis. We at
Lucent have a responsibility not to stop the infrastructure of the sports community.
At the same time, we wanted to respond to your "uneasiness" feelings. Combining
our social responsibilities, the "feeling and thought" of our members, and our"mission", we concluded that we could continue the infrastructure of the "People
who want to do it and people who don't want to do it can choose voluntarily." sports
community by "take infection-control measures as far as possible" and "No loss tomembers and users".

We also considered how to implement "do everything one can" in infection
prevention measures. Thinking that specialized knowledge and experience werenecessary, we decided to learn from a food manufacturing company in ourcompany. With the cooperation of the company, we have fully prepared alcohol forhand sterilization, and we have learned from the company how to wash hands
effectively, and we will present it to you.
The results of the above examination are as follows.
Currently, it will be applied during March.
.
1.The tennis club will continue to operate.
2.Hand washing, alcohol disinfection and cleaning with alcohol are carried out
thoroughly as infection prevention measures.
3.In order to make it easier for the members to rest, the validity period of thesubstitute lesson during this period will be extended until the end of 2020.
4.Staff wear masks, and staff who are not feeling well should stay at home.
Also, please refrain from visiting the school if you are not feeling well, such as fever,cough, or other symptoms. Especially in the cold season, we think there are many
people who just have a slight cold. we don't think the current situation is one inwhich "It's just a little thing, so let's play tennis." is becoming popular. We hope"Those in perfect physical condition" instead of "Those who can do it." will visit ourclubs in this situation.
The above is the background of our company's consideration up to this point andthe conclusion. We will continue to make flexible and prompt decisions based onyour opinions, legislative and administrative decisions, the future course of theinfection, and other factors, while adhering to our principles.
We will keep you updated on our website and SNS, so please follow us and keep us
informed.
Even now, for the benefit of our members and those who will join us in the future, allof our staff continue to smile cheerfully, continue our daily lessons, and continue towork hard to create more enjoyable lessons.

As a management, I thank all the staff from the bottom of my heart.
I promise that when this situation gets better, we will bring you a tennis club that will
be even more fun and exciting.
Thank you for your understanding and cooperation.
Sincerely yours
1 March 2020
Lucent Tennis ClubP.S. We hope, we can have a good time together, as soon as possible, withoutworrying.