TOKYO BOEKI GROUP
ProfileKYOBASHI EDOGRAND, 2-2-1 Kyobashi, Chuo-ku, Tokyo 104-0031 Japan
TEL. +81-3-6633-5263 FAX. +81-3-6841-8388
https://www.tokyo-boeki.co.jp/

Tokyo Boeki Group Management Axis

Core Value■ The Spirit of Management Participated by All (Founding Spirit)
VisionPurposePhilosophy

Top Message

We will strive for the well-being of society and our employees bycontinuing to grow as a “business development Shosha group”.
*We deﬁne a “business development Shosha group” as a company that contributes to the maintenance and development of our customersʼ business foundation and infrastructure by proactively identifying social and customer issues and creatively developing unique products and solutions
that solve those issues.

First of all, we would like to express our sincere
appreciation for your continued support.

We, Tokyo Boeki Group, are an independent corporategroup consisting of domestic and overseas operatingCore ValueThe Spirit of Management
Participated by All

companies with diverse characteristics under Tokyo
Boeki Holdings Corporation. With the “Spirit ofManagement Participated by All” at its core, which

fosters a sense of unity within the group, the company
promotes management that brings together thecollective strengths of the group while each company
develops its business autonomously and thrives. By
doing so, we aim to achieve sustainable growth byincreasing the brand power and competitiveness ofthe entire group and providing new value to society.

The global economy is facing an unprecedented

phase. The conﬂict between Russia and Ukraine,

Philosophy■ Tokyo Boeki Group will be a group where all group employees participate in management from their own standpoints under a free and vigorous culture, always contributing
to the sustainable development of society, and the success of our customers, being
recognized as a necessary part of society, and appreciated by our customers. We will bea group in which employees feel happy and proud by working in such a group.

in the aftermath of the pandemic have had a major
impact on monetary policy in many countries. In the

U.S., the development of AI technology has revitalized
the semiconductor market, supporting the overall

economy, and their stock prices are on an upward

Tokyo Boeki Holdings Corporation

President and Representative Director

Hideshige Tsubouchi

trend. On the other hand, the Chinese economy is still in uncertainty due to deteriorating real estate market
conditions and declining production demand.

PurposeMeanwhile, in Japan, corporate performance is improving as prices are being passed on to end-users against a■ Contribute to the development of a sustainable society (SDGs)

resulting in the increase in wages. In response to these economic conditions, the Bank of Japan made a historic

backdrop of sharply rising raw material costs. In addition, the rise in consumer prices aﬀected the labor market,■ Pursue the happiness, both materially and spiritually, of Tokyo Boeki Group employees.

policy shift, raising interest rates for the ﬁrst time in 17 years.

VisionIn this ﬂuctuating economic and technological environment, Tokyo Boeki Group is focusing on four business■ A group that maintains a balanced business portfolio (multiple growth businesses) to
respond to changes in society.
■ A group with a free and vigorous corporate culture that can challenge innovation andtalk about dreams.
■ A group that contributes to the development of society and the success of our customers, is recognized as a necessary part of society, and makes all employees proud of.
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instability in the Middle East, and rising global prices

segments ‒ Energy Infrastructure, Image Solutions, Material Supply, and Smart Manufacturing ‒ to build a presencein the global market.

Celebrating its 76th anniversary, Tokyo Boeki Group will continue to fearlessly challenge change and pursue

innovation in its culture of freedom and openness. We also aim for sustainable growth and contribution to society
so that our stakeholders can lead safe and secure lives, economies, and social activities.
We sincerely ask for your continued support and cooperation.

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Overview of the group
Company Outline(As of March 31, 2024)

Tokyo Boeki GroupTokyo Boeki Holdings Corporationand 16 group companies
17 companies in total

Established

October 30, 1947

Capital Stock

5.0 billion yen

Employees

1,388

Head Oﬃce

Tokyo Boeki Holdings Corporation
KYOBASHI EDOGRAND
2-2-1 Kyobashi, Chuo-ku, Tokyo,
104-0031 Japan(Shareholders' equity: 37.5 billion yen)

(Pure holding company)

Executives of Tokyo Boeki Holdings
Corporation（As of June 25, 2024）
President and Representative Director
Vice president and Director
Director
Outside Director

Tokyo Boeki Group network expanding all over the worldTOKYO BOEKI EURASIA LLC

Hideshige Tsubouchi
Hiroshi Shigezumi
Shingo Nakagawa
Seiji Sato

JINAN LUDONG REFRACTORY CO., LTD.
TOKYO BOEKI (CHINA) LTD.

TB Global Technologies Ltd.
Qatar Free Zone Branch

Board of Corporate Auditors
Standing Corporate Auditor
Standing Corporate Auditor
Outside Corporate Auditor
Outside Corporate Auditor

Noriaki Shibata
Tsunetoshi Sakai
Miho Numata
Kenji Sakurai

Chief Executive Oﬃcer for DX Promotion

Yoshifumi Masuda

TOKYO BOEKI NORTH AMERICA, INC.
TTS (GUANGZHOU) CO., LTD.

TBTS (THAILAND) CO., LTD.

TOKYO BOEKI TECHNO-SYSTEM
DE MEXICO, S.A. DE C.V.

TB Global Technologies Ltd.
Singapore BranchTOKYO BOEKI NORTH AMERICA, INC.

PT. BANSHU ELECTRIC INDONESIATOKYO BOEKI MATERIALS LTD.
Indonesia Jakarta Oﬃce

Established in Detroit, Michigan in 1991 as the U.S. representativeoﬃce of Tokyo Boeki Techno-System Ltd. In 2011, the company
relocated to Cincinnati, and has continued to grow as a core basefor the U.S. market. Its customers are mainly Japanese and U.S.
automakers, while aggressively working on new markets outside of
the automotive industry.

TOKYO BOEKI HOLDINGS CORP.
● tb innovations LTD.

● TOKYO BOEKI MEDISYS INC.

TB Global Technologies Ltd. Singapore Branch● TOKYO BOEKI EURASIA LLC

Energy Infrastructure Segment

Image Solution Segment

Japan

Japan

● TB Global Technologies Ltd.

Established in Guangzhou in 2006 as a Chinese subsidiary of Tokyo
Boeki Techno-System Ltd., the company continues to grow as a corebase for the Chinese market. In recent years, it has been very activein the Chinese market while its sales of large model processing
machines to Chinese automobile manufacturers have increased.

Material Supply Segment

Smart Manufacturing Segment

Japan

Japan

● TB Banshu Electric Equipment Co., Ltd.

TTS (GUANGZHOU) CO., LTD.

● TB-eye Ltd.

● TOKYO BOEKI MECHANICS LTD.

● TOKYO BOEKI MATERIALS LTD.

Established in 2017, the company is in charge of the sales, service,
marketing research, analysis and customer development of theloading arm business in the South East Asia.

TOKYO BOEKI (CHINA) LTD.
In 2001, TOMAS Trading (Shanghai) Corp. was established andchanged its name to TOKYO BOEKI (CHINA) LTD. in 2009. It handles
a wide range of refractories used in the steel industry, raw materials and equipment . As the ﬂagship company that unites theGroup's China strategy, it is working to develop new businesses
and strengthen business in China.

● TOKYO BOEKI TECHNO-SYSTEM LTD.

● Japan Advanced Roll Co., Ltd.

TBTS (THAILAND) CO., LTD.

Overseas

Overseas● TTS (GUANGZHOU) CO., LTD.

● TOKYO BOEKI (CHINA) LTD.

● PT. BANSHU ELECTRIC INDONESIA

Aﬃliates accounted for by the equity method
・JINAN LUDONG REFRACTORY CO., LTD.

● TOKYO BOEKI NORTH AMERICA, INC.
● TBTS (THAILAND) CO.,LTD.

● TOKYO BOEKI TECHNO-SYSTEM DE MEXICO, S.A. DE C.V.

Financial Review● Net Sales(Million yen)

50.00047,09140,000● Operating Income

49,07442,29932,58630,000

4

TOKYO BOEKI EURASIA LLC
The company opened an oﬃce in Moscow in 1959 and establisheda local subsidiary in 2006. Today it is expanding business into the
CIS Central Asian market and provides products and services invarious ﬁelds such as nanotechnology, natural resources, and energy.

PT. BANSHU ELECTRIC INDONESIA
Established in 1996 as a local subsidiary of TB Banshu Electric Co., Ltd inJakarta. Acquired ISO9001 certiﬁcate in 2003. It manufactures wire
harnesses for motor bicycle and is well received in Indonesia. With its highquality, it has gained high reputation in mobility industry and its products
are used widely in various ﬁelds such as construction sites and factories.

Established in Bangkok, Thailand in 2005, the company continues togrow as a core base for the Southeast Asian market. It has a proventrack record of selling various equipment, mainly to Japanese automobile manufacturers, and contribute to the industry as an indispensable part of their development departments.

TOKYO BOEKI MATERIALS LTD. Indonesia Jakarta Oﬃce

TB Global Technologies Ltd. Qatar Free Zone Branch

JINAN LUDONG REFRACTORY CO., LTD.

Established in 2024. It is engaged in overall sales activities including
maintenance of loading arms business in Middle East Area.

An aﬃliated company accounted for by the equity method. It manufactures and sells refractories.

● Ordinary Income / ROA

Established in 2010. The oﬃce is responsible for developing markets
and new suppliers for existing businesses, including the refractorybusiness, as well as studying and researching new businesses.

● Net Income Attributable to Owners of Parent / ROE(Million yen)(%)

(Million yen)

6,000

6,000

18

4,000

15

3.000

5,178
3,797

4,000
3,000

20,000The company was founded in 2013 in Aguascalientes, Mexico, andwe have been providing sales and services of measuring instruments to automobile manufacturers and suppliers. Aiming to
expand business to non-automotive ﬁelds, the company will support "Monozukuri" (manufacturing) in the Latin American market
and contribute to its development.

(Million yen)

5.000

35,883

TOKYO BOEKI TECHNO-SYSTEM DE MEXICO, S.A. DE C.V.

4,622
3,136

3,581

5.000
4,000
3,000

5,338

5,234
4,181

12.8
9.8

3,527

3,706

12
9

8.1

8.1

9.8

2,500
2,000
1,500

2,000

2,000

10,000

1,000

1,000

3

500

0

0

0

0

0

2019

2020

2021

2022

2023

2019

2020

2021

2022

2023

Note: Eﬀective from FY2021, the Company has adopted the Accounting Standard for Revenue Recognition, etc.
The transaction volume according to the previous accounting standard is 45,317 million yen in FY2021, 46,095 million yen in FY2022 and 60,745 million yen in FY2023.

2019

2020

2021

2022

2023

6

3,756

13.1

1,000

2019

3,395

1,946

3,579

15
12

9.7
6.6

2020

2021

21
18

2,197

6.2

(%)

9.5

9
6
3

2022

2023

0

5

Our Business

Journey of the Tokyo Boeki Group

1947
Nominated as a trading
company designated toforeign imported food by
the Food Agency.

1953

Nominated as a designated contractor of
Yawata Iron & Steel (currently Nippon Steel).

1955
Company name changed toTokyo Boeki Ltd.

1960’sQatar Steel Works

・Opened luxury Japanese restaurant “INAGIKU” at Waldorf
Astoria Hotel in New York.
・Established joint venture QATAR STEEL COMPANY in Qatar.
・Signed large-scale contracts with Toyota and Hino Motors
for China.

1980’sFounder Yasuo Matsumiya
established Tokyo Boeki
Shokai.

Tokyo Boeki Group provides unique products and services to the world.
Here we introduce our four business segments.

1951
Successfully executed barter tradingwith China for the ﬁrst time after WW2,
Created the TOMAS method.

Energy Infrastructure Segment

Smart Manufacturing Segment

We will support the supply chain of LNG, transition energy andammonia, hydrogen, and CCUS, which are the next generationenergies for the realization of a carbon neutral society and provide
equipment and system solutions for safe and stable energy supply.

We will provide solutions to enhance manufacturing andoperations in the engineering and supply chains of manufacturing,and contribute to solving social issues such as population decline
and carbon neutrality through technology.

1954
Acquired US Chiksan Jointʼs exclusive agency right for
loading arm and started machine import transaction.

1957
・Acquired the sole agency in Japan for iron ore fromGoa Timbro, India.
・Acquired exclusive agency of Australia B.H.P for
manganese ore.
・The Soviet Union (now Russia) oﬃcially approves the
Moscow oﬃce as the ﬁrst Japanese trading company.
・Completed Atsugi factory and advanced into the ﬁeldof measurement and design equipment manufacturing.

1970’s

Japan

Japan

Overseas

TB Global Technologies Ltd.

TOKYO BOEKI TECHNO-SYSTEM LTD.

TTS (GUANGZHOU) CO., LTD.
TOKYO BOEKI NORTH AMERICA, INC.

TOKYO BOEKI MECHANICS LTD.

TBTS (THAILAND) CO.,LTD.
TOKYO BOEKI TECHNO-SYSTEM DE MEXICO, S.A. DE C.V.

The building of Moscow office・Signed long-term coal import contract with Australia
B.H.P. Gregory.
・Invested in Quintette Coal, Canada.
・Established MONITOR PRODUCTS, INC. In New Jersey,
USA to enter household appliance business in the country.

Image Solution Segment

Material Supply Segment

By focusing on the development and improvement of image
recognition and AI solution technologies, diﬀerentiating andleveraging them to create new values, and improving safety,
eﬃciency, and convenience, we will help society's various needs
and contribute to development by expanding into various ﬁelds.

Expanding our diﬀerentiated products and services that support
manufacturing, we will supply a wide range of products andservices in the supply chain of target markets, with a view toexpanding our business on the global stage and contribute to theresolution of issues and development of the manufacturing industry.

Shangyu Dongfeng Refractory Materials Co., Ltd.

・Established joint venture, JINAN LUDONG REFRACTORY
CO., LTD., in Jinan City, Shandong Province, China.
・Established a joint venture, Shangyu Dongshun Refractory
Materials Co., Ltd., in Shangyu City, Zhejiang Province, China.

After2000

Established tb innovations LTD.

2021
・Banshu Electric Equipment Co., Ltd. and PT. Banshu
Electric Indonesia became a member of Tokyo Boeki
Group by M&A.
・TOKYO BOEKI (RUS) LTD. changed its name to TOKYO
BOEKI EURASIA LLC.
・Japan Advanced Roll Co., Ltd. became a member of Tokyo
Boeki Group by M&A.

1990’sQuintet coal basic agreement signing ceremony

・Made transition to “Tokyo Boeki Group Federal Management”.
・Changed the company name from Tokyo Boeki Ltd. toTokyo Boeki Holdings Corporation.
・Increased capital to 3 billion yen in 2013 and to 5 billion yen
in 2014.

2020
Established TB Global Technologies
Ltd. through the merger of Tokyo
Boeki Machinery Ltd. and Tokyo
Boeki Engineering Ltd.

2023

https://www.tokyo-boeki.co.jp
6

KYOBASHI EDOGRAND

Japan

Japan

Overseas

TB-eye Ltd.

TOKYO BOEKI MATERIALS LTD.

TOKYO BOEKI (CHINA) LTD.
PT. BANSHU ELECTRIC INDONESIATB Banshu Electric Equipment Co., Ltd.
Japan Advanced Roll Co., Ltd.

Aﬃliates accounted for by the equity method

・JINAN LUDONG REFRACTORY CO., LTD.

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Energy Infrastructure Segment

Imagination & Creation
Overcoming the turbulent energy transition period,
Loading arms

we contribute to the stable supply of energy worldwide
Loading arm for liqueﬁed hydrogen

Total
Service
SystemHySTRA

With high technological capabilities
and quality, boasting the largest market
share in Japan.
With the technology and sales and service network, which havebeen developed in our long history, we have No.1 loading arm sharein Japan and will further expand into the international market.

8

Thorough response to customer needs
with total service based on an
integrated manufacturing and sales system
We provide comprehensive support for the development, design,
manufacturing, sales, installation, and after-sales service of facilities and equipment indispensable for the stable supply of energy,
including loading arms for ﬂuid handling equipment and swivel
joints.

Challenges for the Future
Actively developing innovative solutions
Under the Strategic Innovation Program (SIP) promoted by the Cabinet Oﬃce to revitalize the Japanese economy and achieve sustainable growth, we have developed the world's ﬁrst ship-land loadingarm for liqueﬁed hydrogen in collaboration with Kawasaki Heavy
Industries, Ltd., Japan Aerospace Exploration Agency, and Japan
Ship Technology Research Association.

While liqueﬁed hydrogen is expected to be a clean energy source
without CO2 emission, it is diﬃcult to handle because of its extremely low temperature of -253°C.
We solved this challenge through nearly 50 years of loading arm
manufacturing technology and new insulation technology and willcontinue to take on the challenge of realizing a decarbonized society.
9Energy Infrastructure Segment

Provide the Safe and Secure High-Pressure Gas
We continue to support daily lives by deliv

ering safe and secure high-pressure gas
Odor-adding equipment

10

Aiming for
total service provider

Safe and secure product lines
and technical capabilities

Odor adding businessFor people's safety and security

We handle many products related to high-pressure gas equipment. We oﬀer total support from product proposal from our wide
ranged products to procurement, customization to tailor to customersʼ facilities, and after-sales maintenance.

We were the ﬁrst to introduce pumps and compressors manufactured by CORKEN in the U.S. to the Japanese LPG industry, andmany ﬁlling stations throughout Japan are with our pumps andcompressors.
Our customers have been using our products with conﬁdence formore than 50 years thanks to their high performance and ease ofhandling, reliable technology based on our experience in handlingthem, and the maintenance and servicing services we provide.

Since gas originally has no odor, it is mandatory that manufactured gas be odorized for the purpose of detecting gas leaks at an
early stage and preventing accidents.
Our odor-adding equipment is widely used by approximately 200
city gas companies in Japan, and we aim to leverage this trackrecord to expand our business overseas in the future.

Demand-kun

Looking to the future“Demand-kun” is a heating and cooling auxiliary device designed
for use in factories, gymnasiums, parking lots, etc. Well water, tapwater and chiller water can be used depending on the installation
environment, and a large air volume fan cools high temperature andhigh humidity. Warm air output is also possible by using cooling
tower water. This product can reduce the use of air conditioners,
eliminates waste heat, and greatly contributes to CO2 reduction.
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Image Solution Segment

Challenge to Create the Safe and Secure Society
We contribute to the realization of a safe and12secure society through innovative solution

Pursuing customersʼ safety and security
by expanding the total service network

Developing AI solutions
to meet diverse needs

For more convenientand safer communications

Aiming to contribute more to thesociety with new proposals

In addition to sales of TB-EYE brand equipment, we oﬀer total
services including development, design, and maintenance services
at all 25 locations. We are expanding our meticulous system
nationwide to provide customers with peace of mind before,
during, and after the introduction of our products.

TB-eye AI Solution (TAS), a security camera with AI technology,
provides solutions to cope with increasingly sophisticated anddiverse needs of our customers. Dramatically improved photo
image analysis capabilities allow us to provide problem-solving
proposals from a wide variety of angles such as face recognition,
intrusion detection, car number authentication.

The "ClearTalkCom" intercom, which uses a unique Wi-Fi-based
communication technology to enable high-quality simultaneous
two-way communication, is used by a wide range of customers,
including medical and nursing care facilities, lodging facilities, andentertainment facilities. Digital communication provides excellent
security and contributes to safe on-site operations.

We contribute to a richer and more convenient society by using"face recognition", a newly established authentication method. In
addition to "attendance" and "access control," the face recognition
platform will also have "reservation" and "payment" functions toimprove daily life, aiming to realize a new total service.

13

Material Supply Segment

Global Solution Provider for Steel Industry
We contribute to the realization of society capa ble of sustainable growth
Japan Advanced Roll Co., Ltd.

Total service ofrefractories

14

We provide total services ranging from the supplyof raw materials to the design, manufacture, sales,
and after-sales service of refractories, which are
indispensable for the production of steel, the coreof social infrastructure. We are also focusing on
supporting the promotion of DX at manufacturing
sites, such as deploying digital technology to measure the residual thickness of refractory materials.

Stable supply ofhigh-quality
steel products

Providing the best solutions
through worldwide network

We are developing an overseas
steel processing and sales businessas well as the stable supply ofhigh-quality Japanese steel sheets,
stainless steel, wire rods, etc.,
mainly to the Southeast Asianmarket.

In China, we have established a joint venture company and are engaged in refractory,
automotive, and resource-related businesses. Through our network of oﬃces in Indonesia, Vietnam, India, and other Southeast
Asian countries, we are able to meet theneeds of the world.

Decarbonization and DX Initiatives
for the Future

Supply of high-quality forged rollsWith a focus on the steel industry, we are expanding services into various ﬁelds such as decarbonization, energy saving, and digitalization tosolve customers' issues. We measure the residual thickness of refractory materials used in steelmaking facilities with a CMM, convert the
information into data and optimize furnace life. In addition, focusing
on the conversion from blast furnaces to electric furnaces, which emit
less CO2, we oﬀer AI-based grading system for scrap iron as raw material in order to contribute to operational eﬃciency.

We are a specialized manufacturer of forged roll for various
rolling applications. Our factory uses an integrated manufacturing system standardized from steel making on through toﬁnish machining. We conduct hearings, speciﬁcation reviews,
production, maintenance, and technical development that
anticipate the needs of our customers to solve their problems. As a company that forges technology for the future, wemeet the demand for high-quality forged rolls.

15Material Supply Segment

Envision the Advanced Mobi lity Society
We contribute to the creation of the future with con

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Fifty-nine years in business
Track record of reliability and quality

Passion and ideas
Let us help you

Since the establishment in 1965, we have been working on quality, technology improvement, and cost reduction activities by
expanding various production lines and overseas bases to speedily respond to diverse customer requirements.

We have earned the trust of our customers not only because of ourquality, but also because of our planning, sales, and manufacturing
capabilities that allow us to respond to a variety of requests.
We believe that we are able to build a good relationship with our customers because we take on the challenges whether they are large orsmall lots, multiple product types, or short delivery times.

necting technologies and drive the next-generation society

Dream to the World

Commitment to the Future
For energy and resource conservation

The company has a manufacturing base in Indonesia and boasts the top sharein the Indonesian motorcycle wiring harness market. We have made data centralized and opened between our factories in Indonesia and Japan, and haveactivated mutual exchange of human resources, making our organization borderless and globalized regardless of race, culture, language, or distance gaps.
Based in Indonesia, the company has also begun to expand into the fast-growing Asian market, accumulating technologies and promoting a vertically integrated business model. We will deliver our wire harnesses to the world andcontribute to the realization of an advanced mobility society.

We actively purchase products produced in environmentally friendly factories and manufacture with materials that do not contain environmentally hazardous
substances and conﬂict minerals.
Recognizing that our business activities are related toresource issues, global warming, and environmental
impacts, we will strive to realize a sustainable society,reduce greenhouse gas emissions, and manage chemical substances.
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Smart Manufacturing Segment

Future Digital System Integr ator
Utilizing measurement data, We contribute to18

smart manufacturing

3D measurement solution for the futureand global support system

Aiming to create a society where people
and robots can work together

We provide 3D measurement solutions that solve problems in planning and design, experimental research, production preparation, and mass
production processes in various industries, mainly in the automotive industry, but also in heavy industry, construction machinery, building
construction, home appliances, and plants. Through the utilization of measurement data, we contribute to the improvement of productivity
and international competitiveness, as well as to the realization of sustainable development and production. Not limited to the manufacturing
and construction markets, we also respond globally to our customers' ever-changing problem-solving solutions. In addition to Japan, we
have oﬃces in four other countries (the U.S., Thailand, China, and Mexico) and a well-established support system.

With the aim of creating a next-generation society in which robots are used to perform tasks which place a heavy burden on humans andhumans and robots can coexist together, we are working on system development, including automation from measurement to analysis.
We contribute directly and indirectly to the expansion of our customers' sustainability by introducing measurement and automation technologies that reduce the number of processes and defective products in order to increase their productivity. In addition, by continuously developing and providing solutions that incorporate state-of-the-art technologies and concepts, we will boldly take on the challenge of constantly
changing customer and market issues and solve them.
19For the Worldʻs Medical Care and Human Health
We contribute to the worldʻs medical care and hu man health through our biochemistry analyzer

20

Providing one-stop service
from manufacturing to after-sales service

Developed the worldʼs pioneer
Benchtop biochemistry analyzer"Made in Japan" quality and reliability

We provide development, sales, and maintenance of biochemistry
analyzers for medical laboratories and facilities who require testing. With manufacturing, engineering, procurement, sales, quality
assurance, and customer service departments located in Japan,
the entire company works together to quickly respond to customer needs in a one-stop manner. We will contribute to the health ofpeople around the world by leveraging our past achievements andoverwhelming follow-up capabilities.

The BIOLIS series is highly regarded for its ease of installation, as it
can handle a medium-sized number of tests that are diﬃcult tohandle with smaller or larger equipment and does not take upmuch space in a hospital. Combined with the "Medisys Link", laboratory information system, it is possible to centrally manage a variety of data in a hospital. Almost all of BIOLIS components are madeand assembled in Japan. We are working day and night with ourdomestic contractors on strict quality control and improvement.

BIOLIS 30i registered as
STePP by UNIDO

The BIOLIS series expandingaround the world

Our BIOLIS 30i technology has been registered as a product of the
Sustainable Technology Promotion Platform (STePP) by Tokyo
Investment and Technology Transfer Promotion Oﬃce (TokyoOﬃce) of United Nations Industrial Development Organization(UNIDO)A total of 8,700 BIOLISs have been sold to more than 80 countries and regions worldwide. We have an extensive network ofoverseas distributors. We are not only compliant with domestic
medical device-related laws and regulations, but also with overseas regulations such as IVDR (EU), and have obtained FDA (US)510 (k) certiﬁcation, which have earned us a high level of trustand conﬁdence (as of the end of March, 2024).

21

Thinking is yo ur technology
We, tb innovations, are operating
start-ups at home andWe will solve social issues and contribute to22

corporate venture fund to provide
abroad with new values.

achieving the Tokyo Boeki Group Vision

Why is co-creation(Open Innovation) necessary?

Managing Corporate
Venture Capital

Accelerating Innovation throughcollaboration with Tokyo Boeki Group

Creating new business portfolio

By fostering co-creation between the investee startups and Tokyo
Boeki Group, we contribute to the innovation of the entire group.
In today's business environment, known as VUCA (Volatility,
Uncertainty, Complexity, and Ambiguity), it is diﬃcult for a company to maintain a competitive advantage by itself.
We believe that co-creation with startups that possess superior
technology and innovative ideas in line with the trends of the timeis an indispensable method for survival, growth and businessdevelopment and are committed to it.

We invest in startups in diverse areas through CVC funds and actively expand investments domestically and internationally. All of ourinvestees are up-and-coming startups that cope with innovative
elemental, advanced, and applied technologies, new business andindustry creation and the challenges of global society.
We will promote open innovation between these startups and theTokyo Boeki Group to expand the Group's business and increase
corporate value through the sharing of technologies and ideas.

We provide startups with a site to realize innovation. Our investee
companies will have the opportunity to conduct proof of concept(PoC) and joint development in collaboration with Tokyo Boeki
Group.
In addition, open innovation seminars are held regularly for thegroup companies to exchange ideas on new technologies andbusiness ideas. These activities will encourage the co-creation
network between startups and the Tokyo Boeki Group, and will leadto further activation of the innovation ecosystem.

We are committed to creating and optimizing a business portfoliothat will enable Tokyo Boeki Group to grow sustainably. To cite one
example, in recent years, trading companies have rapidly shifted
their trading activities from goods and monetary assets to services
and data. In this environment, we are looking at data-related startups as future partners for the Tokyo Boeki Group. Collaboration withthese startups will enhance data analysis, utilization and related
technologies to create new business models and contribute to therealization of sustainable growth for the Tokyo Boeki Group.
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