Takeshi Senda

UBS Securities Japan Co., Ltd. (UBS-SJ) is part of the investment banking division and a wholly-owned subsidiary of Switzerland-based UBS AG (SWX: UBSN; NYSE: UBS). Located in Tokyo, the firm was established in 1988. The firm's culture emphasizes cross-business cooperation with fellow subsidiaries both in Japan and globally, combining the reach of a global group with local knowledge and insight. One of the largest securities operations in Japan, UBS-SJ provides investment products and services to Japanese institutional and corporate clients, as well as to foreign investors doing business in Japan. The firm's business is organized in three departments: FIRC (fixed income, rates and currencies), equity and investment banking. The investment banking division specializes in large-cap mergers and acquisitions, performing market research and analysis of M&A deals from a global perspective. The equity department is research-oriented and covers an extensive universe of large-cap Japanese firms. They also cover small- and mid-cap equity, and have specialist expertise in the automobile, auto parts, machinery and pharmaceutical sectors. Services provided to corporate clients include assistance with IPOs, block trades, convertible bonds, and warrants.

Japan Regenerative Medicine Co., Ltd. engages in the research and development of regenerative medicine technology, products and cell medicine. The company was founded on October 16, 2013 and is headquartered in Tokyo, Japan.

Nihon Kyosai Co., Ltd. provides short-term insurance products. It offers protection in times of disaster, accident, theft, and flood. The company was founded on March 9, 2006 and is headquartered in Tokyo, Japan.

Unike Software Research Co., Ltd. develops software solutions for pharmacies. The company is headquartered in Tokyo, Japan.

GeneTech, Inc. engages in fetal deoxyribonucleic acid (DNA) testing and clinical services. The company was founded on October 5, 2010 and is headquartered in Tokyo, Japan.

Part of Noritsu Koki Co., Ltd., Doctor Net KK is a Japanese company that provides remote medical support services and information technology solution services. The company is based in Utsunomiya, Japan. Masako Hasegawa has been the CEO of the company since 2017. Doctor Net KK was acquired by NK Relations Godokaisha on June 29, 2010.

Teibow Co., Ltd. manufactures and sells marker pen nibs. The firm's products are used in writing pens, markers, calligraphy pens, recording instruments, erasers, cosmetics, ink feeders, home products, and medical products. The company was founded in June 1896 and is headquartered in Hamamatsu, Japan.

NK Works Co., Ltd. distributes industrial machinery and tools. It offers QSS green, accusmart vision and 3D digital monitoring system products. It offers cutting tools, tooling, measuring, engineering and machine tools. The company was founded in October 1976 and is headquartered in Tokyo, Japan.

Cable Networks Akita KK engages in the general broadcasting and telecommunications business. Its business includes cable television programming services, information processing, production and sales of broadcast programs, sale of publications, and advertising business. It also offers design, construction, management, lease and sales of general broadcasting & communication equipment; planning and management of entertainment; real estate leasing and management; data center operation; nursery school operation; mail order; buying and selling of antiques and related business services. The company was founded June 12, 1984 and is headquartered in Akita, Japan.

Part of Noritsu Koki Co., Ltd., FEED Corp. is a Japanese company that specializes in the online sale of dental and medical materials. The private company is based in Yokohama, Japan. The company's products are designed to support the dental, medical, and caregiving industries, with a focus on dental and dental laboratory materials. FEED was acquired by NK Relations Godokaisha from Olympus Corp. on May 02, 2013.

Apax Partners Holdings Ltd. provides investment services. The firm focuses in the area of media, retail, health care, financial, and telecommunication sectors. The company was founded on February 6, 1991 and is headquartered in London, the United Kingdom.

The Innovation Network Corporation of Japan (INCJ), a unique public-private partnership aimed at promoting innovation and enhancing the value of businesses in Japan, was launched in July 2009. Leveraging the rich history of Japanese technological prowess, the INCJ aims to provide financial, technological and management support in order to promote the creation of next-generation businesses through 'open innovation,' or the flow of technology and expertise beyond the boundaries of existing organizational structures. The INCJ will draw on funding as well as management and technological expertise from the public and private sectors. The INCJ is actively reviewing various investment opportunities in areas of environment and energy, electronics and IT, bio-tech, and infrastructure such as water supply, railway service, and nuclear power supply. Each investment will be thoroughly vetted to ensure it meets the exacting standards of the INCJ's Innovation Network Committee, which will make the final investment decisions. The INCJ is capitalized at 92 billion yen, with the Japanese government injecting 82 billion yen and 19 private corporations (refer to details in Appendix below) providing a further 10 billion yen. The government will also provide guarantees up to a total of 800 billion yen for INCJ investments, giving it an investment capability of approximately 900 billion yen (US$10 billion). The INCJ will be established for a period of 15 years.

NS Partners Co. Ltd. engages in medical fee factoring business, consulting business and solution business. The company was founded on March 25, 2010 and is headquartered in Tokyo, Japan.

Music Securities Co., Ltd. engages in securitization business for intellectual property rights and music business. Its operations are carried out through two businesses: Securitization and Music. The Securitization business engages in micro-investment platform business, fund business and fund distribution business. The Music business engages in record label, copyright management and artist management businesses. The company was founded by Masami Komatsu on December 28, 2000 and is headquartered in Tokyo, Japan.

NK Relations Godokaisha operates as an investment holding company. It researches, analyzes, and makes direct investments in new businesses. Its services are investigating and investing in new areas of growth for the Noritsu Koki group. The company was founded on April 20, 2009 and is headquartered in Tokyo, Japan.

Part of Noritsu Koki Co., Ltd., Ikiiki Co., Ltd. is a publisher of magazines. The company is based in Tokyo, Japan. Ikiiki Co. was acquired by NK Relations Godokaisha on September 07, 2012 for $98.39 million.

Part of Halmek Holdings Co., Ltd., Zenkokutsuhan Co., Ltd. operates an e-commerce site. The company is based in Osaka, Japan. Zenkokutsuhan Co. was acquired by Halmek Holdings Co., Ltd. from Noritsu Koki Co., Ltd. on April 30, 2016.

IM FoodStyle Ltd. engages in the supermarket business. It deals with food manufacturing, wholesaling, and retailing. The company was founded on December 1, 2017 and is headquartered in Tokyo, Japan.