e5Lab.Inc.

2021 March 3

News Release

e5 Lab Establishes Marindows Inc.
~ Offering Global Maritime Solutions through an IT Revolution—‘Marindows’ is the World’s 1st Maritime OS~~情報通信革命で船を、海を、未来を変える ~TOKYO—e5 Lab.Inc. (President: Tomoaki Ichita; Headquarters: Tokyo) today announced theestablishment of Marindows Inc. (President: Yasumasa Suetsugu; Headquarters: Tokyo) on
March 3 to bring the world’s most advanced information technology (IT) to Japan’s maritime
industry. e5Lab is a joint venture of four companies: Asahi Tanker Co., Ltd., Exeno Yamamizu
Corporation, Mitsui O.S.K. Lines Ltd., and Mitsubishi Corporation that aims to develop
electrically powered, zero-emission vessels.
URL: https://www.marindows.com【Issues Facing the Japanese Maritime Industry】

Looking at logistics in Japan—a maritime nation surrounded by the sea—marinetransport accounts for 45% of Japan’s domestic cargo transport and 99% of overseas
cargo transport. In recent years, the maritime industry, which serves as Japan’s lifeline,
has faced extremely complex and difficult-to-solve social, environmental, andeconomic issues. These include a shortage of manpower due to a sharp decline in theworking-age population, long working hours and dangerous work for crewmembers,
global-scale environmental issues, and intense competition from overseas such as Chinaand South Korea. The depressed Japanese maritime industry leads not only to problems
in logistics, but also a decline in overall national strength, bringing various negative
impacts on all types of land-based businesses. Considering this situation, Japan’s
Ministry of Land, Infrastructure, Transport and Tourism has promoted legislation aimed
at improving productivity and creating a more attractive work environment in themaritime industry and enhance the business foundation of the Maritime sector *1.
*1. On February 5, 2021, the Cabinet approved “a bill to partially revise the Marine Transportation Act tostrengthen the foundation of the entire maritime industry, for example, by enhancement ofcompetitiveness in the shipbuilding and ocean shipping fields, workstyle reforms for seafarers, andimprovement of productivity in coastal shipping.

©2021 e5Lab.Inc.

1e5Lab.Inc.

2021 March 3

News Release【Roles of Marindows】

As typified by Smart City, the digital transformation (DX) has been promoted beyond
individual corporate frameworks by national and local governments. The nextgeneration services and systems inspired by DX create completely new values andbusinesses. On the other hand, the maritime industry, with a market scale exceeding¥8.5 trillion, got behind of DX due to various hurdles such as difficulty in developmentof communication environment and longstanding business practices. Under suchcircumstances, an ocean broadband (ocean BB) service, using a next-generation satellite,
will start in 2022.

3 IT revolutions bring explosive growth to the maritime industry

Looking toward the coming of ocean BB communication, Marindows will develop a
streamlined digital platform (ocean OS “Marindows”), which allows for evolution andexpansion by drawing upon the power of the information and communication
revolution (incorporating ocean BB communication/DX/AI). With the OS “Marindows” as
the driving force, the company will address social, environmental, and economic issues
facing the maritime industry. Marindows will create new value and markets in theMaritime industry along with partners of various leading companies having goodbusiness relationship with e5 Lab which is mother company of Marindows.

Basic configuration of Ocean OS “Marindows”
Packaging “Platform”, “Hardware” and “Contents (APPs)”©2021 e5Lab.Inc.

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e5Lab.Inc.

2021 March 3

News Release【Roles of Marindows】

three-year development plan
“Ocean BB communication” is the KEY point of expanding scale and markeetØ From 4Q 2021: Start promotion activities for ocean BB communication, which will go intofull-scale service in 2022
Ø 1-2Q 2022: Plan to release operational DX service for seafarers, shipowners, and shipping
companies (Phase 1)
Ø In 2022: Expand the service in various domains from merchant ships to fishing boats andpleasure craftØ In 2022: Expand Marindows service to global market based on experiences and knowledgesof the use of DX and data in Japanese maritime industry
Ø By end of 2023: Aim at 70% (abt. 5000 ships) in installation ratio of ocean OS “Marindows”
on Japanese coastal ships

The Ocean OS “Marindows” is easy-to-use on existing ships as well as newbuilding ships.
In Phase 1, We will start developing services to improve operations for seafarers,
shipowners, and shipping companies through the use of existing operation DX and data,in parallel with promotion of ocean BB communication. However, we don’t think these
initiatives are enough to solve the serious issues facing the Maritime industry. Therefore,
the ocean OS “Marindows” is constructed to become smarter and more convenient astime goes by and increase of user since this system will be kept updated and expanded
continuously. The ocean OS “Marindows” will lead the Maritime industry towed asustainable world from the sea and the land by connecting various system of both. It
will start from Japan’s sea to the world.

©2021 e5Lab.Inc.

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e5Lab.Inc.

2021 March 3

News Release【Six materiality to achieve SDGs】【Outline of Marindows Inc.】: Marindows Ltd.
Name
: 1-1-3 Otemachi, Chiyoda-ku, TokyoAddress
Representative : Yasumasa Suetsugu
Business activities
p Development of ocean OS “Marindows”
p Development of maritime digital content (APPs)
p Spread and promotion of ocean broadband communication
p Provide opportunities to connect corporations and create new value
p Support promotion of DX in the maritime industry【About e5Lab.Inc.】

e5 Lab offers added value to all stakeholders encompassing
society, the earth, and the sea, by fostering an attractive,
sustainable ocean shipping industry and creating new
businesses and social infrastructure in the public interest by
creating more electric-powered vehicles, advancing thedigitalization of vessels, and passing on a bright future inocean shipping to the next generation.
▼ For further information:
E-mail：project@e5ship.com©2021 e5Lab.Inc.

▼ Website
https://e5ship.com

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2021 March 3

News Release【Comments from co-creation partners】

Nippon Kaiji Kyokai (ClassNK)
Mr.Hirofumi Takano – Executive Vice President, Director of Innovation Development
Division
It’s a great pleasure for us to participate in the joint research for such an innovative
initiative on cyber security. Innovation utilizing digital technology and cyber risks are
two sides of the same coin. For the development and the spread of innovation to be
conducted under a safe environment, ClassNK supports the initiative through theprovision of best practices constructed based on international trends and up-to-date
information on cyber security.
SoftBank Corp.
Mr.Hidebumi Kitahara – Vice President, Head of Global Business Strategy Division,
Technology Unit
SoftBank is committed to solving various social issues through corporate activities andbusinesses to realize a sustainable society where all things, information and minds areconnected. We are happy that we can create a new market by evolving the maritime
industry with the power of information communication, and co-create it with
Marindows, which is building an industry base through digital transformation (DX). We
believe that digital platforms using cutting-edge communication technologies, such as
the next-generation satellite communication and High-Altitude Platform Station (HAPS),
AI, and IoT, can bring innovation to global industries, and we will contribute to further
accelerating digitalization.
Furuno Electric Co., Ltd.
Mr.Kazuma Waimatsu – Director/Divisional General Manager, Marine Electronic Products
Division
Furuno engages in engineering related to gathering onboard data, beyond its traditionalrole as a manufacturer of marine equipment. We design onboard IT networks
depending on the application, enhance connection with onboard equipment using theFuruno Open Platform (FOP), and aim for efficient use by integrating and centralizing
onboard IoT data. We are honored that, along with Marindows and co-creation partnercompanies, we will be able to direct and co-create the future of the next-generationmaritime industry, through use of a new form of ship - shore communication and IoT
data based on our experiences as maritime system integrator. Furthermore, we arethinking of ways to contribute to the project and put our activities securely in theforefront of practical innovation in the marine industry.

©2021 e5Lab.Inc.