June 27, 2017
To whom it may concern
TOKAI Holdings Corporation
Katsuhiko Tokita, President & CEO(Code No. 3167 Tokyo Stock Exchange First Section)

Low-cost SIM Service “LIBMO” Launches Industry’s First*1 iPhone Rental Services withMinimum Rental Period of Six Months—Offering New Smartphone Usage Style to Meet Users’ Diverse Needs—
The “LIBMO” low-cost SIM service provided by TOKAI Communications Corporation (hereinafter “TOKAICommunications”), a wholly owned subsidiary of TOKAI Holdings Corporation, has started offering“KARISUMA,” a monthly smartphone rental service provided by Over The Air Corporation (Headquarters:Minato-ku, Tokyo; President & CEO: Kiyohisa Ota).
KARISUMA has adopted a monthly rental scheme for smartphones, a first in the Mobile Virtual Network
Operator (“MVNO”) business. By setting the minimum rental period at six months, KARISUMA aims to meetcustomers’ diverse needs and reduce financial burdens while contributing to reducing environmental burdens.
In commemoration of the start of the service, we will launch a limited-time discount campaign. For example, thecombination of “LIBMO” 3GB + voice function plan with iPhone6 will be available at a monthly fee of 1,980 yen(excluding tax). For more details about KARISUMA and the campaign, please see Attachment.
Under the TLC (Total Life Concierge) vision, TOKAI Group proposes comprehensive lineup of various lifestyleinfrastructure services, including energy, information and communications, and CATV. Currently, 2.56 million
customers are using the Group services. Going forward, by continuing to actively work toward providing products
and services that can contribute to solving regional and social issues, the Group will aim to improve customer
satisfaction.

*1. iPhone rental service offered by MVNO excluding sub-brands of major telecommunications companies with the minimum rental
period of six months

June 27, 2017
To whom it may concern
Over The Air Corporation
TOKAI Communications CorporationRental Smartphone Service KARISUMA Makes Debuts
Using iPhone Economically and EcologicallyOver The Air Corporation (Headquarters: Minato-ku, Tokyo; President & CEO: Kiyohisa Ota) launched“KARISUMA,” a new smartphone rental service, on June 15, 2017 for users of low-cost mobile service “LIBMO”
provided by TOKAI Communications Corporation (Headquarters: Shizuoka-shi, Shizuoka; President & CEO:
Katsuhiko Tokita).
There are currently only two options to purchase smartphones from major telecommunications companies—payby lump sum or by installments. As a result, users are exposed to various restrictions from service providers for along period of time until the full payment of installments. It has caused inconvenience to users as they are unable toeasily change their smartphones to new models during that period due to various restrictions. Meanwhile, there areestimates*1 that over 200 million smartphones that are no longer in use due to replacement are stowed away athome.
KARISUMA is a groundbreaking service that proposes a brand-new use of smartphones. KARISUMA enables
users to rent their choice of smartphones for a chosen period of time and exchange models freely after the lapse of
the minimum rental period*2, contributing to changing the existing extremely uneconomical use of smartphones
where devices are no longer used after the full repayment of loans.
For iPhone6*3, KARISUMA rental fees are set at a bargain price of 1,500 yen*4 (excluding tax) a month for
LIBMO users. With the use of a debut campaign celebrating the launch of KARISUMA, the combination ofLIBMO 3GB plan (with voice function) with iPhone6 will be available at a total of 1,980 yen (excluding tax)*5 amonth for half a year.
We will make our best efforts to be environmentally friendly such as by reusing smartphones that have fulfilled
their roles as KARISUMA as rental smartphones and a part of IoT*6 components after strict quality check.
*1

2015; Kansai University emeritus professor Katsuhiro Miyamoto “Value of buried mobile phones in Japan”*2

The standard minimum rental period for KARISUMA is six months excluding the month when a contract issigned. In the case of cancelling KARISUMA service during the minimum rental period, a cancellation penalty will
be incurred. Different minimum rental period may be set depending on the campaign being applied.
*3

Used and refurbished devices*4

In addition to the above, an initial cost (shipping fees) of 1,000 yen (excluding tax) will be required when starting

KARISUMA rental services.
*5

Monthly fees for the period of six months starting from the month following the month when users start using theservice for the combination of KARISUMA iPhone6 16GB with LIBMO 3GB plan (with voice function)*6IoT (Internet of Things): A system where various things including sensors are interconnected via the Internet,

enabling them to exchange information and control each otherAbout KARISUMA
Service launch: June 15, 2017
KARISUMA fees (excluding tax): Special price for LIBMO users•

Initial cost (shipping fees): 1,000 yen (excluding tax)

•iPhone6 16GB: Monthly fee of 1,500 yen (excluding tax)

•iPhone6 64GB: Monthly fee of 1,700 yen (excluding tax) (scheduled service launch: August 2017 orlater*7)•iPhone6 128GB: Monthly fee of 1,900 yen (excluding tax) (scheduled service launch: August 2017 orlater*7)*7

Only iPhone6 16GB (Space Gray) will be available at the launch of KARISUMA

About LIBMO
A safe, inexpensive, and well-supported smartphone service provided by TOKAI Communications
LIBMO basic fees (excluding tax)
•Initial cost: Administrative fee of 3,000 yen•

Monthly feesPlans

Data communication only

Data communication +Data communication +SMS

Voice communication*9Light Plan*8480 yen

620 yen1,180 yen

3GB Plan

880 yen

1,020 yen

1,580 yen

6GB Plan

1,480 yen

1,620 yen

2,180 yen

10GB Plan

2,280 yen

2,420 yen

2,980 yen

*8

Data communication volume is unlimited, with a maximum transfer rate of 200kbps.

*9SMS use is also enabled for voice communication subscriptions.

KARISUMA debut campaign
Period: June 15, 2017 to August 31, 2017
Contents: A monthly discount of 1,100 yen will be applied for the rental of iPhone6 for the period of six months
starting from the month following the month when the rental service is started.
* In applying the campaign, the minimum rental period will be set at one year.
Over The Air CorporationHeadquarters: 9th floor Palazzo Astec 2-8-1, Higashi-shimbashi, Minato-ku, Tokyo; President & CEO: Kiyohisa
Ota
Over The Air was founded on September 9, 2016 as a venture supporting environmentally-friendly IoT.
Over The Air engages in system design, sales, and rental in broad IoT fields in addition to selling and renting
settlement devices by leveraging its extensive experience in rental services, including radio communicationequipment such as smartphones and LTE routers, system integration to build IoT at low cost by reusing theseequipment, development of software and applications, provision of camera systems using AI, and provision ofimage recognition, data analysis, and cloud services, and using the latest technologies.

About TOKAI Communications Corporation
Headquarters: 2-6-8, Tokiwa-cho, Aoi-ku, Shizuoka-shi, Shizuoka; President & CEO: Katsuhiko Tokita
For individual customers, TOKAI Communications is working to establish and expand its platform business byleveraging its solid customer bases mainly in Kanto and Shizuoka. For corporate services, TOKAI Communications
will engage in the solution business by leveraging its three strengths: advanced system integration technologies,
data center business capable of providing solutions to corporate customers, and high-quality communications
services based on its network infrastructure.

[For enquiries regarding the service]Business Planning Department
Over The Air Corporation
Email: info@overtheair.co.jp[For enquiries regarding LIBMO]
Business Development Department, Mobile Communication Business Department,
Consumer Sales Division
TOKAI Communications Corporation
Email: LIBMO-SALES@tokai-grp.co.jp