Supplementary Materials tothe Financial Results Briefing
Nov 10, 2021
Securities code: 7817
Paramount
Bed Holdings Co., Ltd.
証券コード︓7817

パラマウントベッドホールディングス株式会社

Copyright (C) 2021 Paramount Bed Holdings CO.,LTD. All Rights Reserved.

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Corporate Outline<Corporate outline>■ Corporate name: Paramount Bed Holdings Co., Ltd.
■ Capital:

4,207.43 million yen (as of March 31, 2021)■ Representatives: Chairperson: Kyosuke Kimura

President and CEO : Tomohiko Kimura■ Net sales:

87,171 million yen (consolidated sales for FYE 3/2021)■ Number of employees: 3,614 (consolidated, as of March 31, 2021)<Group principles>
We strive to create a comfortable healthcare environment
with advanced technology and consideration towards users.
<Statement>
as human, for human<Paramount Vision 2030>
Smiles for everyone from medical and nursing care to health field

Copyright (C) 2021 Paramount Bed Holdings CO.,LTD. All Rights Reserved.

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Group Structure

holdings company

manufacturing company
company
manufacturing

regional headquarters for Asia,
located in Singapore

Copyright (C) 2021 Paramount Bed Holdings CO.,LTD. All Rights Reserved.

maintenancerental and wholesaleof welfare care products

3Outline of subsidiaries 1
Paramount Bed Co., Ltd.

manufacturing● Incorporated: May 1950
● Capital: 6.59 billion yen● Number of employees: 920 (as of March 31, 2021)
・Enhance added-values of our products
・Enrich the product offering of bed-side fixtures/fittings for hospital rooms and wards
・Further contribution for nursing/nursing-care activities

Copyright (C) 2021 Paramount Bed Holdings CO.,LTD. All Rights Reserved.

4Outline of subsidiaries 2■ Develop maintenance and rental/wholesale business to expand our coverage outside of manufacturing business■ Group-wide comprehensive support for the development of comfortable healthcare environment

Paratechno Co., Ltd.

■ Business domains of the Group

Maintenance service business● Incorporated: July 2002
● Capital: 80 million yen● Number of employees: 882 (as of March 31, 2021)

Medical facilities

Medical device
distributors

Main services
・Inspection, repair and cleaning of beds for hospitals andwelfare facilities etc.
・Leasing, leasing with maintenance service, or short-term
rental etc., for the purchase of Paramount Bed products・Contract service of nursing assistants etc.

Paramount Care Service Co., Ltd.

Elderly facilitiesHome-care users

Suppliers of rental
welfare care products

Offering products
and services

Paratechno

Paramount Care Service<Maintenance service business><Rental and wholesale business ofwelfare care products>

Rental and wholesale business ofwelfare care products● Incorporated: April 2004
● Capital: 491.5 million yen● Number of employees: 1,171 (as of March 31, 2021)

Joined Paramount Bed Group in October 2007.
'Rental and wholesale of welfare care products' is thebusiness to lease welfare equipments (beds, wheelchairsetc.) to the suppliers who directly rent them to users.

Copyright (C) 2021 Paramount Bed Holdings CO.,LTD. All Rights Reserved.

Paramount Bed<Manufacturing and marketing>5Distribution structure of welfare equipments in Japan■ Users can utilize the nursing-care insurance to use welfare equipments such as 'nursing-care beds' by
paying 10% of the rental costs■ 'Welfare equipment rental service providers' who lease the equipments to the users can own 'nursing-carebeds' as their own assets, or sub-lease them that are leased from 'rental and wholesale business
operators' as their business model.
■ Paramount Care Service Co., Ltd., is a 'rental and wholesale business operator'.

Purchase fees

Rental and wholesale
business operators(including Paramount CareService)

RentalRental fees

・About 10 companies
with wide area network
Sale
Purchase fees

Welfare equipment
rental service providers(brokers)・About 4,500 companies

Suppliers of rental
welfare care products(with own products)

・About 1,500 companies
Rental fees
(90%)

RentalRental fees
(own payment of 10%)

Users

Manufacturers

SaleRental
Rental fees
(own payment of 10%)

Nursing-care insurancepremium

Nursing-care insurance

Copyright (C) 2021 Paramount Bed Holdings CO.,LTD. All Rights Reserved.

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Market size for medical/nursing care beds in Japan

Medical institutions

Elderly facilities

Home care

Medical insurance/Nursing-care insurance

Nursing-care andwelfare facilities

Hospitals

1,503
thousandspeople(special nursing-carefacilities for the elderly)

Recuperation beds

311 thousand people
Of which, recuperation
with nursing-careGroup homes

563 thousand people 211

8 thousand people
Users of rental
nursing-care beds

1,015 thousand people(healthcare facilities

84 thousand people

4,043 thousand people

thousand people

Health service facilities
with nursing-care
General clinics
with beds

Nursing-care insurance
Users of home-care services

for the elderly)

359 thousand people

Paid Elderly carefacilities etc.
(incl.serviced apartments
for the elderly)

Not covered byinsurance

About

400

thousand people

Users with their own
expenses etc.

*For the dotted circles, only partof the people use the beds.

* Source: 'Statistical survey on medical institutions' by the Ministry of Health, Labor and Welfare (MHLW) (Summary at the end of Jan. 2021, Table 1, 2 and 14 of 'Monthly
report on the payment of nursing-care benefit' (for applications examined in Jan. 2021) etc.
Copyright (C) 2021 Paramount Bed Holdings CO.,LTD. All Rights Reserved.

7

Market trend of medical/nursing-care beds in Japan

Market size of medical/nursing-care beds

Trend in the number of hospitals and different types of hospital beds

350

Number of hospital beds by type (unit: 1,000)

300

GeneralRecuperation Others

Number ofhospitals
Total

250

End of January 2021

887

290

332

1,5098,236200

End of January 2020

888305333

1,5268,281

150

End of January 2019

890

316336

1,542

8,355

100

End of January 2018

891325339

1,5558,40150

End of January 2017

891

327

341

1,5598,439

End of January 2016

892

328

344

1,564

8,471

0
FYE3/06
FYE3/07
FYE3/08
FYE3/09
FYE3/10
FYE3/11
FYE3/12FYE3/13
FYE3/14
FYE3/15
FYE3/16
FYE3/17
FYE3/18
FYE3/19
FYE3/20
FYE3/21* '(Statistical) survey on medical institutions' by MHLW
(unit: 1,000)

By FYFY E 3/06 FY E 3/07 FY E 3/08 FY E 3/09 FY E 3/10 FY E 3/11 FY E 3/12 FY E 3/13 FY E 3/14 FY E 3/15 FY E 3/16 FY E 3/17 FY E 3/18 FY E 3/19 FY E 3/20 FY E 3/21

Number of beds
made in Japan327 184 182 185 202 235 272 252 251 254 202 218 206 203 181 220* Other hospital beds: total of the beds for psychiatric, tuberculosis and infectious diseases* Number of beds: fractions less than 1,000 are rounded off per each type

Source: Production statistics of Japan Bed Industry AssociationTrend in the number of nursing-care facilities and residents
Number of facilities

Number of residents (unit: 1,000)

2018

2019

2020

2021

2018

2019

2020

2021

Special nursing facilities for the elderly

7,837

8,019

8,145

8,221

536

548

558

563

Healthcare facilities for the elderly

4,273

4,295

4,275

4,249

362

361

362

357

Recuperation-based medical carefacilities for the elderly

1,109

945

753

500

50

41

30

16-

111

297

558-

71834

Care aid medical center* Source: 'Monthly study report on the payment of nursing-care benefit' (table 2 and 25) by the MHLW, as ofJanuary end in each year
* Number of residents: fractions less than 1,000 are rounded off

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8

Nursing-care beds covered by the nursing-care insurance

Trend of insurance benefit payment for rental nursing-care beds (special bed)
2006

2007

2008

2009

2010

2011

2012

2013

2014

2015

2016

2017

2018

2019

2020

2021

April October April October April October April October April October April October April October April October April October April October April October April October April October April October April October Aprilbeds (unit:1,000)
679 495 489 516 523 543 558 582 600 622 637 667 689 713 735 758 769 794 809 833 839 863 870 896 903 929 933 955 963 993 1,015
100 millionyen)
94.0 69.6 68.1 71.2 71.7 74.2 75.5 78.0 79.8 82.5 83.9 87.7 90.0 93.3 95.5 98.3 99.3 102.5 103.7 106.9 106.9 109.7 109.7 112.9 113.0 115.9 113.7 116.1 116.9 124.1 122.9
bed (unit: 1,000yen)
13.8 14.1 13.9 13.8 13.7 13.6 13.5 13.4 13.3 13.3 13.2 13.1 13.1 13.1 13.0 13.0 12.9 12.9 12.8 12.8 12.7 12.7 12.6 12.6 12.5 12.5 12.2 12.2 12.1 12.5 12.1

* Source: 'Monthly report on the payment of nursing-care benefit' (Table 14) by MHLW, monthly data
* Amount and Amount per bed include accessories of beds
* Nursing-care insurance system was revised in April 2006, and transitional measures ended in October 2006

Breakdown of insurance benefit payment for the rental nursing-care beds
(special bed) by the degree of care requirements
For April 2021

Total Care prevention
Care service
number service
Needing Needing Needing Needing Needing Needing Needing
support support care 1 care 2 care 3 care 4 care 5

Users of beds (unit: 1,000) A
Users of home-care service(unit: 1,000) B

1015.3

Usage rate of beds (%) A/B

For April 2020

7.4

53.7

331.5

243.5

208.9

143.7

4,043.7 316.4

491.1 1,032.2

937.3

581.0

423.2

259.2

25.1%

5.4%

2.3%

26.6

5.2% 35.4% 41.9% 49.4% 55.4%

Total Care prevention
number service
Care serviceNeeding Needing Needing Needing Needing Needing Needing
support support care 1 care 2 care 3 care 4 care 5

7.1

26.3

51.1

317.1

232.2

191.6

137.6

Users of home-care service(unit: 1,000) B

3,909.5 294.5

475.2

992.2

925.8

566.1

398.2

254.6

Usage rate of beds (%) A/B

24.6%

5.5%

5.2% 34.3% 41.0% 48.1% 54.0%

Users of beds (unit: 1,000) A

963.0

2.4%

Copyright (C) 2021 Paramount Bed Holdings CO.,LTD. All Rights Reserved.

9Expected service volume of the Japanese nursing care insurance business during the 8th business year

Prepared based on documents released by MHLW on May 14, 2021
(Unit: ‘000 people)

FY2011Results

FY2014
Results

FY2017
Results

compared
to FY2014

31403520

3430 2.5%of these, small-scale, multi-service

60

80

10 25%of these, regular visits/immediate care service―9A s s i s ted l i v i ng s erv i ce

320

Specified facilities
Group homes

A t-hom e N urs i ng -ca redecrease

FY2020Results

compared
to FY20173590 5%increase

FY2023
FY2025FY2040
Projections compared Projections compared Projections comparedto FY2020

3910 9%increase

to FY2020

to FY2020

4050 13%

increase

4740 32%

increase

110 100%

130 19%increase

140 23%increase

160 43%19 111%30 58%

41 37%

44 45%

increase

54 78%

380

430 13%increase

470 9%

540 14%560 19%increase

650 39%160

200

230 15%increase

260 13%300 17%320 22%increase

370 43%160

180

200 11%increase

210 5%

230 11%

240 15%increase

280 33%890

950

990 4%

1030 10%1100 8%increase

1160 13%

increase

1330 30%

Special nursing home for the elderly

470

540

590 9%

620 4%

670 8%

increase

710 14%increase820 31%

Healthcare facilities for the elderly(recuparation with nursing-care)

420

410

410 0%

350 -

370 5%

increase390 10%increase

440 26%51 -62 27%

65 27%

increase

740 45%

N urs i ng ca re f a ci l i ti es

increaseincreaseincreaseincrease

Healthcare facilities for the elderly
Care aid medical center

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increaseincreaseincreaseincreaseincreaseincreaseincreaseincreaseincreaseincreaseincreaseincreaseincreaseincreaseincreaseincreaseincreaseincreaseincreaseincreaseincreaseincrease

10Disclaimer:Forecast figures on the Group's operating performance described inthis material have been prepared based on the available information
as of the release date of the material.
Therefore, actual results may be different from these forecast figures,
due to variety of factors.

Copyright (C) 2021 Paramount Bed Holdings CO.,LTD. All Rights Reserved.

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