February 22, 2022
West Japan Railway Company

Initiatives for Customers Visiting Japan
In preparation for the resumption of visits to Japan, JR-West will promote
digitalization by forming a capital and business alliance with JTRweb Limited, anoverseas electronic ticketing company, in order to improve overseas sales of railway
products and local tourism materials using electronic tickets, as well as to improve
the acceptance system. In addition, due to the establishment of an efficient sales
system, the Shanghai Representative Office, which was established in China in 2003,
will be closed at the end of May 2022 (scheduled).
[Summary】
１．Capital and Business Alliance between JR-West Group and JTRweb Limited
Through a capital and business alliance with JTRweb Limited, an electronic ticketingcompany for BtoB, we will strengthen the creation and sales of bundled products thatcombine attractive tourism content and our rail passes by promoting digitalization in linewith the new normal and developing tourist content in cooperation with local communities,
in order to attract more tourists to western Japan.
※For more information, please refer to the attached materials.
２．Closure of Shanghai Representative Office
In order to realize the government's vision of a "Tourism Nation," and to contributeto the revitalization of Kansai and western Japan, and we opened our Shanghai
Representative Office in 2003 as our base in China, and have been promoting thedissemination of information to travel agencies and other organizations, and the attractionof tourists to western Japan.
However, the Shanghai Representative Office will be closed at the end of May 2022
(scheduled) because the capital and business alliance with JTRweb Limited enables us tobuild an efficient sales system, and the online approach to travel agencies, which was achallenge during the pandemic, has become firmly established.

Although the base will bediscontinued, we will work to disseminate information and promote sales through online andSNS services, as well as work with local and regional communities to attract more visitors.

February 22, 2022
West Japan Railway Company
JR West Innovations Co., Ltd.
Nippon Travel Agency
J T R w e b L i m i t e dCapital and Business Alliance
between JR-West Group and JTRweb Limited-Collaboration to attract visitors to Japan and promote use by domestic travelers-

JR-West Innovations, Inc. (Kita-ku, Osaka; Makoto Okuno, President & CEO) has
invested in JTRweb Limited (Hong Kong Special Administrative Region, People's
Republic of China; Hui Wan Sang, CEO; hereinafter "JTR") as follows.
In addition, West Japan Railway Company (Kita-ku, Osaka City, Osaka, Kazuaki
Hasegawa, President; hereinafter "JR-West") and NIPPON TRAVEL AGENCY CO.,LTD. (Chuo-ku, Tokyo, Yoshiteru Koyano, President) have concluded a businessalliance agreement with JTR.

JTR has an electronic ticketing system as a booking platform for B to B, and has system
linkages with more than 800 overseas travel agencies (approximately 3,000 if affiliatedsales agencies are included), and is particularly working to expand the number of tourists
visiting Japan.
In the "Mid-term Management Plan 2022," the JR-West Group aims to enhance its
hardware and software systems to provide comfortable and convenient services forcustomers visiting Japan. In cooperation with JTR, we will offer JR-West Rail Pass,sightseeing products such as sightseeing facilities, experience materials, food, and their set
products to many overseas travel agencies online. By making it possible for overseas
visitors to Japan to smoothly purchase attractive sightseeing products, we will create amore comfortable and enjoyable travel environment.
In addition to promoting the digitalization of tourism using JTR's system, we will jointly
develop various services, a new information dissemination system using data, and travel
products using attractive tourism materials for the 2025 Osaka-Kansai Expo, and provide
them to customers in Japan and overseas.

■Summary of the Investment
・Digitalization of tourism through the use of electronic ticketing systems.
(promotion of non-face-to-face and non-contact)

Purpose・Increase the number of visitors and promote the use of trains by offering productsthat combine attractive tourist materials and trains to overseas travel agencies.
・Implementing electronic ticketing within Japan by Nippon Travel Agency

MethodAcquisition of shares through relative transactions with existing shareholders■Company Overview
NameLocation

JTRweb Limited
Room 2A, 14/F, Chun Wo Comm. Centre, 23-29 Wing Wo Street, Central,
Hong Kong

Representative CEO Hui Wan Sang
Establishment September 2013
・Development of an electronic ticketing system for Japan and overseas
・Platform business connecting travel agencies and tourist facilities
BusinessDescription （B to B sales of tourism materials and JR West's products for tourists visiting Japan, etc.）
・B to C website management and application development■Framework for Collaboration

etc.