PRESS RELEASE

Teijin’s Carbon Fiber and Resin Used in World’s First
Laptop-sized Automated People Mover
Tokyo, Japan, August 11, 2020 --- Teijin Limited announced today that thermoplastic
materials made with its Tenax® carbon fiber and Panlite® polycarbonate alloy resin havebeen adopted for use in the world’s first laptop-sized automated people mover (APM),
the WALKCAR®, developed by cocoa motors. Inc.

The WALKCAR®, which is small enough to be carried in a bag, measures just 21.5 cm
by 34.6 cm, roughly the size of a 13-inch laptop computer, and weighs only 2.9 kg. TheWALKCAR® can travel about 7 km at a maximum speed of 16 km/h on a single charge.
Operated by simply shifting one’s center of gravity, the APM requires neither a handle
nor controller, and stops automatically as soon as the operator steps off.
The sturdy but lightweight WALKCAR® is made with Teijin’s thermoplastic carbon fiber
reinforced laminates Tenax® TPCL, thermoplastic woven fabric Tenax® TPWF andpolycarbonate alloy resin Panlite®.Compared to steel, Tenax® offers 10 times the strength
at just one quarter of the weight. Panlite® polycarbonate resin boasts some 200 times
more impact resistance than fiberglass but only half of the weight. The impressive
characteristics of these Teijin materials is why the amazing WALKCAR® is able tocombine low weight and high durability.
The WALKCAR® went on sale in Japan in June and overseas sales will begin from
August 11. Orders can be placed via the cocoa motors.' website.
https://en.cocoamotors.com/
Teijin develops high-performance materials and offers them in solutions targeting diversefields under a long-term vision of becoming a company that supports the society of thefuture.

About the Teijin Group
Teijin (TSE: 3401) is a technology-driven global group offering advanced solutions in thefields of environmental value; safety, security and disaster mitigation; and demographic
change and increased health consciousness. Originally established as Japan’s firstrayon manufacturer in 1918, Teijin has evolved into a unique enterprise encompassing
three core business domains: high-performance materials including aramid, carbon
fibers and composites, and also resin and plastic processing, films, polyester fibers andproducts converting; healthcare including pharmaceuticals and home healthcare
equipment for bone/joint, respiratory and cardiovascular/metabolic diseases, nursing
care and pre-symptomatic healthcare; and IT including B2B solutions for medical,
corporate and public systems as well as packaged software and B2C online services for
digital entertainment. Deeply committed to its stakeholders, as expressed in the brandstatement “Human Chemistry, Human Solutions”, Teijin aims to be a company that
supports the society of the future. The group comprises more than 170 companies andemploys some 20,000 people across 20 countries worldwide. Teijin posted consolidated
sales of JPY 853.7 billion (USD 8.0 billion) and total assets of JPY 1,004.2 billion (USD9.4 billion) in the fiscal year that ended on March 31, 2020.
Press Contact
Teijin Limited
Corporate Communications
pr@teijin.co.jp
WALKCAR® Sales Contact
cocoa motors. Inc
support@cocoamotors.com
Tel.: +81 50 3133 3321