March 1, 2021
NejiLaw inc.
Metal One Corporation

A joint venture between NejiLaw and Metal One
The establishment of "NejiLaw MO IP Innovation Inc."
NejiLaw inc. (Headquarters: Bunkyo-ku, Tokyo/ President & CEO: Hiroshi Michiwaki,hereinafter "NejiLaw") and Metal One Corporation (Headquarters: Chiyoda-ku, Tokyo/
President & CEO: Shuichi Iwata, hereinafter "Metal One") established a joint venture"NejiLaw MO IP Innovation Inc." (hereinafter "NejiMO") on March 1, 2021.

×<< New company profile >>・ Company name

NejiLaw MO IP Innovation Inc.

・ Headquarters

JP Tower, 2-7-2 Marunouchi, Chiyoda-ku, Tokyo・ Representative

President & CEO : Hiroshi Michiwaki

・ Business Activities

Development, licensing, manufacturing and sales of newtechnologies related to steel products and others

・ Capital

JPY 200,000,000 (including capital reserve)

・ Shareholders

NejiLaw: 50%, Metal One: 50%

・ EstablishedMarch, 2021

・ URL

http://www.nejimo.co.jp

In Japan, the declining birthrate and aging population, decrease of skilled workers, aging ofsocial infrastructure and the intensifying natural disasters due to abnormal weather are allin progress at the same time. It is said that it will be difficult to maintain and renew futuresocial infrastructure with the existing construction/manufacturing methods. National
resilience is an urgent issue that we can afford no further delay. Other developed countries

will likely see the same situations seen in todayʼs Japan. This is why NejiLaw, which
possesses overwhelming "Emergence ability ※ " and Metal One, which possesses a vast
"network", have teamed up and established NejiMO to realize breakthroughs of various
technical issues that emerge on the network, with the aim of contributing widely to theindustrial developments including National resilience support business. ( ※ "Emergenceability" = Ability to invent creatively)

NejiMO will resolve various issues as the "Innovation Engine" in the steel industry.
Please reach out to us for questions and consultations regarding issues related to responding
to market needs, ideas for new products and new construction method concepts and a widevariety of technical issues. We propose solutions to the problems with NejiMO's "Emergence
Ability = Ability to invent creatively", as well as carry out mass production development andacquisition of intellectual property and know-how rights in collaboration with client partners.
Replacing the traditional “In-house development policy” with NejiMOʼs open innovation will
dramatically speed up problem solving.
In addition, it is said that Japan is behind in "Utilization of open innovation" whencompared to Europe and the United States. In Japan, in-house development (Closedinnovation) has been the mainstream for a long time, but changes in the external
environment and the speed of technology evolution are tremendous, and it is necessary toaccelerate innovation by "utilizing open innovation". NejiMO aims to be an "Engine thatpromotes open innovation." Through the establishment of NejiMO, NejiLaw and Metal One
will promote and utilize open innovation in Japan.
Ends[Inquiries regarding this matter]
NejiLaw MO IP Innovation Inc.
Public Relations MAIL: info@nejimo.co.jp
NejiLaw, inc.
Public Relations MAIL: info@nejilaw.com TEL: 03-6712-8820
Metal One Corporation
Sustainability・CSR Department

Nishimura /Nojima TEL: 03-6777-2719<Reference materials> Overview of both companies
・ Company name

NejiLaw inc.

・ Headquarters

Shoei Building, 3-23-14 Hongo, Bunkyo-ku, Tokyo・ Representative

President & CEO Hiroshi Michiwaki

・ Business Activities:

Development/Manufacturing/Sales and Licensing of High-functionality/High-performance industrial fastenings
・ Capital

JPY 499,000,000

・ Major shareholders

INCJ, Mitsui Sumitomo Insurance Venture Capital Co.,Ltd.
IDATEN, Mitsubishi UFJ Capital Co.,Ltd.

・ Established

July 2009

・ Award History:
FY2009 Received/ 3 awards including Most Attractive Award in Business Plan Contest(Sponsored by MIT (Massachusetts Institute of Technology) Enterprise Forum)
FY 2010 Adopted/ New technology development foundation grant project(Sponsored by Ichimura Foundation for New Technology)
FY2011 Received/ 6 awards including Kawasaki Entrepreneur Award/Grand Prize(Sponsored by Kawasaki Institute of Industrial Promotion)
FY2011 Received/ Good Design Award/Gold Award(= Minister of Economy, Trade and Industry Award)(Sponsored by Japan Institute of Design Promotion)
FY2011 Received/Tokyo Venture Technology Award /Grand Prize (= Tokyo GovernorAward)(Sponsored by Bureau of Industry and Labor Affairs, Tokyo MetropolitanGovernment)

FY2011 Received/ Kyu-To-Ken-Shi Kirarito-Hikaru Industrial Technology Award
FY2012 Adopted / Strategic Basic Technology upgrade support project(Sponsored by Ministry of Economy, Trade and Industry )FY2013 Adopted / 1st Global Niche Top Grant Project(Sponsored by Bureau of Industry and Labor Affairs, Tokyo Metropolitan
Government)
FY2015 Received/ 14th Japan Innovator Grand Prize Excellence Award(Sponsored by Nikkei Business Publications, Inc.)
FY2018 Received/ 7th Technology Management & Innovation Awards, Chairman Award(Sponsored by Japan Techno-Economics Society)
・ URL

http://www.nejilaw.com

・ Company name

Metal One Corporation

・ Headquarters

JP Tower, 2-7-2 Marunouchi, Chiyoda-ku, Tokyo・ Representative

President & CEO Shuichi Iwata

・ Business Activities

Wholesale of steel and steel raw materials

・ Capital

JPY 100,000,000,000

・ Shareholders

Mitsubishi Corporation: 60%, Sojitz Corporation: 40%

・ Established

January 2003

・ URL

http://www.mtlo.co.jp