ANNUAL REPORT 2010

PARAMOUNT BED CO., LTD.

Profile

Statement:

As Human, for Human
Paramount Bed Co., Ltd., founded in 1947, is a pioneer in the field of medical beds.
Using its own unique integrated production system, it has been providing products
designed not only to improve conditions for convalescing patients, but also to facilitate
the work of caregivers for more than half a century. With the aging of the Japanese
population, in recent years it has expanded its scope of business to cover facilities forthe elderly and home nursing care, developing home-care beds and various other types
of welfare equipment. These initiatives are in line with Paramount Bed’s goal of creatinga patient-friendly healthcare environment.
The Paramount Bed group consists of Paramount Bed and 7 consolidated subsidiaries
and 2 affiliated companies (as of March 31, 2010). In the fiscal year to March 2010, it had
net sales of ¥45,598 million, operating income of ¥4,753 million, and net income of ¥2,195
million. Paramount Bed is Japan’s leading maker of medical beds and has acquired astrong reputation, as reflected in its domestic market share of approximately 70%(Paramount Bed’s estimate).

Disclaimer Regarding Forward-Looking Statements
The information contained in this annual report is given for the sole purpose of providing information regarding the business performance ofParamount Bed Co., Ltd. during the fiscal year ended March 31, 2010 and is not intended to solicit investment in any securities issued by
the Company. Any statements with respect to Paramount Bed’s current plans, strategies, and forecasts are forward-looking statements
based upon information available as of March 31, 2010 and involve known and unknown risks and uncertainties. Actual events and results
may differ materially from those anticipated in these statements.

1

To Our Shareholders

We strive to create
a comfortable healthcare environment
with advanced technology andconsideration towards users.
Kyosuke Kimura
President and Representative Director

Thank you for your strong support for Paramount Bed.
The following are the general conditions of business and thesettlement of accounts for the 62nd term of the Company(from April 1, 2009 to March 31, 2010).

60th Anniversary of the Incorporation of
Paramount Bed
On May 25 of this year, Paramount Bed celebrated the 60th
anniversary since its incorporation in 1950. We would like toexpress our heartfelt gratitude to our shareholders andeveryone involved and to acknowledge that thisachievement is wholly the result of their warm support andbacking. In commemoration of this 60th anniversary of thecompany’s incorporation, the year-end dividend for theperiod ended March 2010 was an ordinary dividend of ¥15
plus a commemorative dividend of ¥5 for a total of ¥20 per
share.

Current Fiscal Year Performance
In the current (consolidated) fiscal year, net sales including
those of subsidiaries remained strong principally in theJapan market, finishing at ¥45,598 million (up 14.5%
year-on-year). Viewed by customer sector, domestic sales
targeting home nursing care, which had continued to holdsteady, saw a significant increase in revenue, and sales tohealthcare and care facilities for the elderly, which had
been sluggish over the last few years, reversed for the firsttime in four periods.
Next, as for earnings, the separate figures for
Paramount Bed alone showed an increase in income due toan increase in sales and improved production efficiency
achieved through plant reorganization, which along withother factors resulted in operating income coming in at¥4,753 million (up 157.9% year-on-year). Ordinary income
was ¥4,615 million (up 340.9% year-on-year) and net
income was ¥2,195 million (loss of ¥484 million in theprevious year).
With regard to dividend payments in the next term, adisbursement of ¥15 per share is planned for both theinterim and fiscal year-end.

Medium to Long Term Business Strategy
We consider the augmentation of our healthcare andnursing care businesses as well as an increase in ouroperating field essential for future business expansion. In
the domestic healthcare and care facilities for the elderly,
we plan to solidify collaboration with PARATECHNO Co.,
Ltd., a subsidiary specializing in maintenance, and spurdemand by increasing our product line, service menu andservice capabilities.
In the home nursing care area, we will aim to further
increase sales of the JIS-certified electric home care bed
Rakusho “S” series which has had strong sales since it wenton the market in April of last year. Sunnetwork Corporation,a subsidiary whose principal business is rental broking, will
expand its service network for welfare equipment rental
businesses nationwide.
As for product development, we are working to develop
and offer products that contribute to safety and peace ofmind and met the various safety standards. In addition, weplan to continue to hold seminars for people involved inhealthcare and welfare as well as welfare equipment rental
businesses and other specialists so that our beds are used
in a safe manner.
In overseas markets, we intend to focus on the Near andMiddle East, China and Southeast Asia where the markets
are expected to see growth in the coming years, and areplanning community oriented sales operations including
posting sales staff locally. In addition, we are promoting
cost reductions and expanding product lineups at ouroverseas subsidiaries so as to meet the needs of therespective regions.
As stated above, we will strive to improve performanceby strengthening collaboration among the companies in ourdomestic and overseas groups as well as demonstrating
our comprehensive group power.
September 2010

Kyosuke Kimura
President and Representative Director2Topics
Launch of the New KA-66000 Series High Quality I.C.U. Bed
In January 2010, Paramount Bed announced thelaunch of the KA-8560 series which underwent acomplete model overhaul. The new KA-66000 series
ICU hospital bed offers “high quality care” throughhigh quality features (such as a safety side rail, an
integrated digital scale, and an X-ray cassetteholder) which are suitable for ICU hospital beds.

Overview

The handheld controller can be
fixed to the side rail.

Storage space for the
Nurse Control Paneland Digital Scale

Launch of the New Air Mattress “COCOCIA”
In May 2010, Paramount Bed announced the launchof the new air mattress, “COCOCIA”. The greatest
feature of COCOCIA is “Built-in pump” which realizes
the reduction of the installation space of beds.
The big features of this innovative air mattress are as
follows:
1. Built-in pump system
2. Body pressure dispersion system with block
control
3. Many pressure modes for various scenes
4. Dehumidification function

3

Renewal of the New KY-700 Series Nursing Wagon
In February 2010, Paramount Bed announced the renewal
and launch of the KY-700 series. The new design isaimed to enhance the following tasks in hospital wards:• Easy to organize the items in order• Easy to clean• Easy to maintain cleanliness
The matters listed above are deeply related withJapanese-style “Kaizen” activities.
Accordingly, this Japanese-style wagon promotes“Kaizen” activities in a hospital ward with the following
features:
1. Various variations to meet the needs for the
management in a hospital ward
2. Special design to keep the nursing wagon clean
3. User-friendly designed transportation handle
4. Noise reduction features on caster and tray

Release of the New KF-6000 Series Bed Side Cabinet
In March 2010, Paramount Bed announced the release of
the new KF-6000 series bed side cabinet. In order toimprove the easiness to clean, the safety, and the bodyweight, we adopted resin as the material for the cabinet.
The strong features of the new cabinet are as follows:
1. Variety of combinations
In order to meet the various needs in a hospital ward, theKF-6000 series has many types of cabinets. (Examples:Standard type, Middle type, High type, etc.)
2. Sophisticated design for safety and user-friendly
A round-edged design, and concealed sub-table anddrawer handles enhance patient safety.
3. Many types of accessories
The following accessories are available according to theuser’s preference:• Lift lock unit
• Foot light• Safe box• Wardrobe unit (for High type cabinets)

4

Product Lineup
Hospital Beds

Beds for Elderly-Care Facilities

Beds must provide safety, comfort and ease of operation.
Our hospital bed line offers a full range, from sophisticatedto standard models. The Doge is a high quality nursingcare bed that features sophisticated functionality anddesign. Its robust, high-quality manufacture supports
modern medical care.

Falling out of bed can be a cause ofserious injury for residents of elderly-carefacilities. Our ultra-low Callisto series beds
reduce the risk of harm in the event of afall. (Photo shows bed fitted with Thestor
shock-absorbing mattress)

Acute care (for special rooms)

Advanced, emergency use

Callisto seriesDoge

KA-64000 series

Woody series
Metis series

Pediatric Bed, Bassinet Cart
KA-66000 series

Transfer Stretcher Trolley
The Stretcher Trolley transfers patients safely,
helping nurses and reassuring patients.

The Pediatric Bed (KB-655) is equipped with many functions to ensure
safety and operability, and is friendly to both children and nurses.
The Bassinet Cart (KB-115, 116) is user-friendly for both newborn infants
and their mothers. Its design, developed with the image of a young leaf inmind, gives newborns a sense of security as if they were wrapped up
inside it. Green is suitable for both boys and girls and is said to be effective
in calming people and softening their mood. The design of the Bassinet
Cart has been highly evaluated, and won the Good Design Award 2007.

KB-655
KK-728

5

KB-115, 116

Beds for the Home (INTIME)
Everyone spends time in bed, and the
INTIME models are designed to facilitate
deep, refreshing sleep.

Home-Care Products
Demand for rental home-care beds hasgrown rapidly since the start of thenursing-care insurance program. The
Rakusho “S” series is designed to cater tothe varied needs of different users.
The Scot-klean (Uri-comfort) is a urine
collector that automatically activateswhen it detects the presence of urine.

INTIME 7000 series

Bed Peripherals
Mattresses
With elasticity similar to the human body’s,
the Ever Fit Mattress reduces the resistanceproduced when users turn over on the bed
and it also stabilizes the posture during
sleep.
The mattress is reversible and both sides
have different functions that users canchoose to suit their condition, build andpreference.
We also offer the versatile Preglar Mattress,
for use in hospitals, elderly-care facilities,
and home care.

Style Port MattressEver Fit Mattress

Rakusho “S” series
Preglar Mattress

Other Products
These products are based on original concepts developed byParamount Bed. We also offer a wide range of bed peripherals,
such as I.V. stand, designed to maximize usability.

Scot-klean (Uri-comfort)

Swing arm assist bar

Nursing wagon

Patient lifter

I.V. stand6

Consolidated Balance Sheets
Paramount Bed Co., Ltd. and Subsidiaries — March 31, 2010 and 2009

Thousands of U.S. dollars

Millions of yen

ASSETS
CURRENT ASSETS:
Cash and cash equivalents
Notes and accounts receivable—tradeMarketable securities
Inventories
Other current assets
Total current assets

2010¥

13,874
12,857
8,557
4,529
2,924
42,743

2009
¥

2010

14,728
11,949
4,576
4,998
2,540
38,793$ 149,119
138,188
91,971
48,67831,427459,405

NON-CURRENT ASSETS:
Property, factory and equipment
Intangible assets
Investment and other assets
Total non-current assets
Total assets

26,542
2,644
13,65542,84385,58625,6002,666
12,83041,09679,889285,275
28,418
146,765
460,479
919,884

LIABILITIESCURRENT LIABILITIES:
Notes and accounts payable—trade
Other current liabilities
Total current liabilities

5,057
8,687
13,7455,090
5,824
10,91454,35393,368
147,732

LONG-TERM LIABILITIES:
Total liabilities

8,568
22,313

7,184
18,09992,089239,822

NET ASSETSSHAREHOLDERS’ EQUITY:
Common stock
Capital surplus
Retained earnings
Treasury stock
Total shareholders’ equity

6,591
7,276
52,846(3,380)63,3336,591
7,276
51,671(3,539)62,00070,84078,203567,992(36,328)
680,707

(119)
(100)
(220)

(330)
(42)
(373)

(1,279)(1,075)(2,365)37
12163,27285,586–
163
61,79079,889398
1,301
680,052$ 919,884

VALUATIONS AND ADJUSTMENTS:
Unrealized loss on available-for-sale securities
Foreign currency translation adjustments
Total valuations and adjustments
SHARE SUBSCRIPTION RIGHTSMINORITY INTERESTS
Total net assets
Total liabilities and net assets¥¥

Note: The approximate exchange rate in effect on March 31, 2010 was ¥93.04 = U.S.$1.

Business Review in Fiscal 2010
The improved economic situation abroad, government
emergency economic measures and other factors have put
Japan’s economy during the current consolidated fiscal year on
a track to recovery from the severe worldwide financial crisis, butwith a high unemployment rate and autonomy still weak, thefuture remains uncertain.
In the medical service industry, the previous policy of
reducing social security costs has effectively been withdrawn
and medical care fees were revised upward for the first time in
10 years. In addition to bolstering financial resources for
emergency, pediatric and obstetric healthcare which have cometo be emblematic of the healthcare collapse, remuneration for
hospitalized treatment has also been raised.
While, in the field of welfare care for the elderly, a decision
was made to revise compensation for nursing care upward forthe first time since the start of the long-term care insurance.
These revisions were implemented in April 2009 and haveencouraged more people to become involved in nursing care by
improving the treatment of such personnel. Additionally, in
March 2009, the JIS certification mark system was launched forelectric home care beds. From the following April, demand has
been stimulated as bed manufacturers have obtained JIS
certification and marketed products affixed with the JIS
certification mark.

7

In this domestic business environment, sales to care facilities
continued to experience difficult the conditions as in the preceding
year until the second quarter for both medical facilities and elderly
care facilities. However, since the third quarter, sales performance
moved toward a recovery, outdoing the preceding fiscal year.
Sales aimed at the home care market, which had been strong, saw
a significant increase due to favorable sales of Rakusho “S” series
products affixed with the JIS certification mark.
With respect to product research and sales, in addition to theApril launch of the Rakusho “S” series electric home care beds as
mentioned above, there was also the release of Sleep Scan, asleep management system which measures sleeping and waking
state rhythm while a person is asleep, and L’za, a chair for dialysis
and chemotherapy treatments.
In new business, our subsidiary PARATECHNO Co., Ltd. has
made its full-scale entry with sales of Bed Washer, an apparatus
that cleans the entire hospital bed.
As for overseas expansion, as part of our effort to optimize
global production in our domestic and overseas plants, we haveinstituted a production system in which partially-finished materials
are manufactured at our subsidiary Paramount Bed (China) Co.,
Ltd. and then assembled for sale at the subsidiary Corona Medical
S.A.S. in France.

Consolidated Statements of Operations
Paramount Bed Co., Ltd. and Subsidiaries — Years Ended March 31, 2010 and 2009

Thousands of U.S. dollars

Millions of yen

2010
Net sales

¥

2010

2009
39,821$ 490,090

26,80225,280288,070

18,795

14,540202,010

14,042

12,697150,924

4,753

1,843

51,086

Other income

316

336

3,396

Other expenses

455

1,132

4,890

4,615

1,046

49,602

Cost of sales
Gross profit
Selling, general and administrative expenses
Operating income

Ordinary income

45,598¥Extraordinary income

63

529

677

Extraordinary loss

423

1,281

4,255

294

4,546
45,733Current

2,624

812

28,203

Deferred

(634)

(65)

(6,814)

(68)

(32)

Income before income taxes and minority interests
Income taxes:

Minority interests
Net income (loss)

¥

2,195

¥

(731)
$

(484)

23,592

Consolidated Statements of Cash Flows
Paramount Bed Co., Ltd. and Subsidiaries — Years Ended March 31, 2010 and 2009

Millions of yen

2010
Net cash provided by operating activities¥

Net cash (used in) provided by investing activities

6,097

Thousands of U.S. dollars

2010

2009
¥

3,901

$

65,531(7,510)984

Net cash used in financing activities(925)(1,210)Foreign currency translation adjustments on cash and cash equivalents

(40)

147

(430)

(2,380)

3,823(25,580)

Net (decrease) increase in cash and cash equivalents
Cash and cash equivalents, beginning of year
Cash and cash equivalents, end of year

17,227¥

14,847¥(80,718)(9,942)

13,403

185,157

17,227$ 159,577

Note: The approximate exchange rate in effect on March 31, 2010 was ¥93.04 = U.S.$1.

When results for the current consolidated fiscal year are
viewed according to sales by type of user (on a non-consolidated
basis), sales to care facilities, which had continued to decline,
rebounded to grow 3.2% compared to the previous fiscal year. On
the other hand, those targeting home care which had continued torise steadily, jumped 58.5% over the previous year due tofavorable sales of the Rakusho “S” series.
Next, as for our consolidated subsidiaries, performance ofCorona Medical S.A.S. in France, whose managerial framework is
being reconstructed, deteriorated, but our other subsidiaries
largely held steady.
Net sales during the current consolidated fiscal year arranged
according to our main products are shown in the Graph 1.
As a result, net sales for the current consolidated fiscal year
were up ¥5,776 million (up 14.5% year-on-year) to end at ¥45,598
million.
Due to increased sales on the strength of the Rakusho “S”
series, improved production efficiency from an increase in
manufacturing, an improved cost-to-sales ratio attributable to plantrealignment as well as other factors, operating income finished up¥2,910 million (up 157.9% year-on-year) to end at ¥4,753 million.
Next, ordinary income rose on a decline in non-operating
expenses compared to the previous fiscal year, increasing ¥3,568
million (up 340.9% year-on-year) to end at ¥4,615 million. Althoughnet income posted an extraordinary loss due to restructuring costs
for Corona Medial S.A.S., it still increased ¥2,680 million over theprevious year to end at ¥2,195 million.
Geographic segment earnings are as follows. Net sales andoperating income/loss of each geographic segment include
internal transactions between segments.
Net sales of ¥42,936 million (up 16.7% year-on-year) andoperating income of ¥5,220 million (up 123.9% year-on-year) wereposted for Japan. Net sales amounted to ¥2,325 million (up 2.6%
year-on-year) and operating income stood at ¥297 million (down
10.7% year-on-year) in Asia, while net sales of ¥2,108 million(down 17.6% year-on-year) and an operating loss of ¥383 million(loss of ¥437 million during the previous year) were recorded forEurope.

Sales by major product category (Graph 1)

Millions of yen

Other13,583 (29.7%)
Medical-use products
2,772 (6.1%)
Hospital-use furniture
3,319 (7.3%)

Total

45,598

Beds
22,833 (50.1%)
Mattresses
3,089 (6.8%)

8

Consolidated Statements of Changes in Net Assets
Paramount Bed Co., Ltd. and Subsidiaries — Years Ended March 31, 2010 and 2009

Millions of yen

CommonStockCapitalSurplusRetained
Earnings

Valuations and Adjustments
Foreign
Total
Unrealized
Valuations
Total(Loss) Gain on Currency
Share
Subscription Minority
Treasury Shareholders’ Available-for-sale Translation
Total
and
Adjustments Adjustments
Stock
EquitySecurities
Rights Interests Net Assets

Balance, March 31, 2009

¥ 6,591 ¥ 7,276¥ 51,671¥ (3,539)¥ 62,000

(1)

(912)
2,195
(1)

(912)
2,195
(1)

382

273

273

(273)

(273)

(273)

51

51

51

Shareholders’ Equity

Changes of items during the current fiscal year
Cash dividends
Net income
Acquisition of treasury stock
Transfer of treasury stock to employees’
shareholding association
Transfer of treasury stock from
employees’ shareholding association
Sale of treasury stock from employees’
shareholding association
Net changes of items other thanshareholders’ equity
Total changes of items during the current
fiscal period

Balance, March 31, 2010

(912)
2,195
(0)

(109)

¥

—
—

(330) ¥

211

(0)

1,174

158

1,333

¥ 6,591 ¥ 7,276¥ 52,846¥ (3,380)¥ 63,333

¥

(42)

¥

(57)

211

(57)

(119) ¥

(100)

¥

(373)

—

¥

163 ¥ 61,790

(41)

149

37

(41)

1,482

37 ¥

121 ¥ 63,272

153

37

153
(220) ¥

Valuations and Adjustments
Foreign
Unrealized
Total
Total
(Loss) Gain on Currency
Valuations
Share
Subscription Minority
Treasury Shareholders’ Available-for-sale Translation
and
Total
Adjustments Adjustments
Stock
EquitySecurities
Rights Interests Net Assets

Shareholders’ Equity

Thousands of U.S. dollars

CommonStock

Balance, March 31, 2009

$ 70,840 $ 78,203

Changes of items during the current fiscal year
Cash dividends
Net income
Acquisition of treasury stock
Transfer of treasury stock to employees’
shareholding association
Transfer of treasury stock from
employees’ shareholding association
Sale of treasury stock from employees’
shareholding association
Net changes of items other thanshareholders’ equity
Total changes of items during the current
fiscal period

Balance, March 31, 2010

CapitalSurplusRetained
Earnings$ 555,363 $ (38,037)(9,802)
23,592(0)(1,172)$ 666,380 $ (3,547) $—(0)

12,618$ (4,009)—$ 1,752 $ 664,123(11)(9,802)
23,592(11)(9,802)
23,592
(11)

4,106

2,934

2,934

(2,934)(2,934)(2,934)

548

548

548

—

$ 70,840 $ 78,203

(451)

1,698

14,327$ 567,992 $ (36,328) $ 680,707 $

2,268

(613)

2,268

(613)

(1,279) $ (1,075)

1,644

398

(441)

1,601
15,929

1,644

398

(441)

$ (2,365) $398 $1,301 $ 680,052

Note: The approximate exchange rate in effect on March 31, 2010 was ¥93.04 = U.S.$1.

Financial Highlights
Net sales
60,000Millions of yen

Ordinary income

Millions of yen

8,000

51,01145,59845,00035,92740,43939,821

6,734
6,000

30,0004,000

15,000

2,000

0

0

4,615
2,942
1,833
1,046

2006

2007

2008

2009

Net income (loss)

2010
Millions of yen

2007

2010
Yen

120.61

72.18

100

2,000

(2,033)

0

584

19.22

0

(15.92)

(484)

9

2009

Net (loss) income per share

3,782
2,195

(3,000)

2008

200

6,000
4,000

2006

2006

2007

2008

2009

2010

(66.83)

(100)

2006

2007

2008

2009

2010

Corporate Information
As of March 31, 2010

Corporate Data
Corporate Name:
Head Office:Establishment:
Capital:Number of Employees:

NetworkParamount Bed Co., Ltd.
14-5, Higashisuna 2-chome, Koto-ku,
Tokyo 136-8670, JapanMay 1950¥6,591 million
834

Board of Directors and Corporate Auditors(As of June 29, 2010)
Chairman and Representative Director:
President and Representative Director:
Senior Managing Director:
Managing Director:
Directors:

Standing Corporate Auditor:

Kenji Kimura
Kyosuke Kimura
Michihide Kimura
Toshio Horiuchi
Tadaharu Kato
Ikuo Sakamoto
Izumi Sato
Hiroshi Koshida
Yasunobu Furutani
Yasushi Kuramoto
Etsuji Ikegami
Yukari Oka

Corporate Auditors:

Shareholder Information
Authorized Shares:
Issued Shares:
Number of Shareholders:

126,000,000
31,682,526
15,414

Major Shareholders
Number of Shares Percentage of
Owned (Thousands) Voting Rights (%)

Kimura Kosan Co., Ltd.
Kenji Kimura
Japan Trustee Service Bank, Ltd. (Trust Account)
The Master Trust Bank of Japan, Ltd. (Trust Account)
Kyosuke Kimura
Michihide Kimura
Mizuho Bank, Ltd.
Ledgewood, Ltd.
NCT Trust and Banking Corporation
Kimura Foundation for Nursing Education

6,607
2,758
1,972
1,546
1,536
1,418
1,203
600
450
444

21.7
9.1
6.5
5.1
5.0
4.7
4.0
2.0
1.5
1.5

Note 1: The Company holds 1,130 thousands shares of treasury stock, but is excluded
from the above major shareholders.
Note 2: We received a copy of a change report dated July 6, 2009 concerning
massive shareholdings from Tradewinds Global Investors, LLC, to the purportthat the company held 1,259 thousand shares as of June 30, 2009.
However, Tradewinds Global Investors is excluded from the above major
shareholders since the Company cannot confirm the number of shares actually
held by the shareholder as of the end of the current fiscal year.

Ownership among Shareholders
Number of Shares Percentage of Total
Owned (Thousands) Shares Issued (%)

Financial institutions
Securities firms
Foreign corporations
Other domestic corporations
Individuals and others
Treasury stock

7,694
206
1,613
8,303
12,734
1,130

24.3
0.7
5.1
26.2
40.2
3.5

Domestic

Head Office14-5, Higashisuna 2-chome, Koto-ku, Tokyo 136-8670
Tel. +81-3-3648-1111 (key number)Tel. +81-3-3648-2961 (International Business Division)
Branches
Sapporo Branch318-11, Nishi 13-chome, Minami nijo, Chuo-ku, Sapporo, Hokkaido 060-0062
Tel. +81-11-271-1181
Sendai Branch
3-3, Oroshi-machi 2-chome, Wakabayashi-ku, Sendai, Miyagi 984-0015
Tel. +81-22-239-5211
Saitama Branch
4-7, Kamiochiai 9-chome, Chuo-ku, Saitama, Saitama 338-0001
Tel. +81-48-852-0707
Yokohama Branch
1715-1, Tsuruma, Machida, Tokyo 194-0004
Tel. +81-42-795-8800
Nagoya Branch
20-17, Izumi 1-chome, Higashi-ku, Nagoya, Aichi 461-0001
Tel. +81-52-963-0600
Osaka Branch
3-33, Tosabori 2-chome, Nishi-ku, Osaka, Osaka 550-0001
Tel. +81-6-6443-8791
Hiroshima Branch
8-5, Yokogawa-cho 3-chome, Nishi-ku, Hiroshima, Hiroshima 733-0011
Tel. +81-82-293-1311
Fukuoka Branch
14-20, Hakataeki-higashi 3-chome, Hakata-ku, Fukuoka,
Fukuoka 812-0013
Tel. +81-92-461-1131
smart sleep stores
smart sleep store Tokyo
Mitsui Sumitomo Insurance Tepco Bldg.1F
6-1, Kyobashi 1-chome, Chuo-ku, Tokyo 104-0031
Tel. +81-3-5250-1515
smart sleep store Sapporo
Mitsui Life Insurance Sapporo Kyodo Bldg.1F
1-4, Nishi 5-chome, Kita yojo, Chuo-ku, Sapporo, Hokkaido 060-0004
Tel. +81-11-219-8800
smart sleep store Nagoya
Address: Same as Nagoya Branch
Tel. +81-52-963-6800
smart sleep store Osaka
Sanei Shinsaibashi Bldg.1F
13-15, Nishishinsaibashi 1-chome, Chuo-ku, Osaka, Osaka 542-0086
Tel. +81-6-6245-9021
smart sleep store Fukuoka
Address: Same as Fukuoka Branch
Tel. +81-92-461-0666
Factories
Chiba Factory
2078, Shirahata, Sammu-shi, Chiba 289-1306
Tel. +81-475-82-6111
Matsuo Factory
617, Kashikehongo, Matsuo-machi, Sammu-shi, Chiba 289-1537
Tel. +81-479-86-3331
Subsidiaries
PARATECHNO Co., Ltd.
1648-7, 1-chome, Kaijincho-minami, Funabashi, Chiba 273-0024
Tel. +81-47-431-0552
Sunnetwork Corporation
4-B, Kohara Southside Bldg., 2-2-1, Inagawa, Suruga-ku, Shizuoka,
Shizuoka 422-8062
Tel. +81-54-203-7711

Overseas

Representative Offices
Shanghai Representative Office
Suite 1105, Liu Lin Tower, No.1 Huai Hai Middle Road, Shanghai
20021, P.R. China
Tel. +86-21-5383-5111
Representative Office in Paris
6, Rue de Remusat, 75016 Paris, France
Tel. +33-6-09-841-507
PARAMOUNT BED CO., LTD. Middle East Office
4WB, G38, P.O.BOX 293552, Dubai Airport Free Zone, Dubai, U.A.E.
Tel. +971-4-2602-025
Subsidiaries
PT. Paramount Bed Indonesia
MM2100 Industrial Town, Block M-1-1, Export Processing Zone,
Cikarang Barat, Bekasi 17520, Jawa Barat, Indonesia
Tel. +62-21-8980715
Paramount Bed (China) Co., Ltd.
A-105, Wuxi National Hi & New Tech Industrial Development Zone,
Wuxi, Jiangsu, P.R. China
Tel. +86-510-8532-3201
Corona Medical S.A.S.
Z.I. La Planche-37210 Rochecorbon, France
Tel. +33-2-47-885-885
Paramount Bed (Thailand) Co., Ltd.
Talomsin Bldg. 5F, 924, Rama 3 Road, Yannawa, Bangkok 10120, Thailand
Tel. +66-2-682-8072

10

Paramount Bed Co., Ltd.
14-5, Higashisuna 2-chome,
Koto-ku, Tokyo 136-8670, Japan
Tel. +81-3-3648-1111
http://www.paramount.co.jp
Printed in Japan