Message from the president

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1 Message from the president Changing our work-style today to help design our customers work-style tomorrow. Since its founding in 1890, Itoki has continuously delivered new value to society through Creation of Spaces, Environments, and Workplaces. Under a corporate concept of For lively people, and a green Earth, we strive to help individuals, business, and society itself to realize a full, rich existence. To make this goal a reality, our daily operations are conducted under our mission statement: We Design Tomorrow. We Design WORK-Style. Never before has how people work been such a central focus. As Work-Style Reform becomes a greater social issue, many people are tackling the problem as a management issue. With Itoki taking the lead in designing that work-style, we hope to bring about not only improved health and motivation but also demonstrable boosts in creativity and improved productivity, paving the way for truly lasting work-style reform. As we continue toward our 130th anniversary in 2020, we have set in motion our new medium-term management plan, Work-Style Reform 130. To help make this plan a reality, Itoki will open a new Tokyo office in Nihonbashi in the fall of From the firsthand insight gleaned from its own office building, Itoki will be able to share a wider variety of knowledge obtained through real experiences, ensuring greater potency in its Work-Style Reform. Through intensified functions at the new Tokyo office, Itoki will be able to further accelerate its efforts to change how we work. As we strive to make Work-Style Reform 130 a reality, we look forward to creating new value for our customers. May 2018 Yoshiro Hirai,President

2 Corporate Concept Vision Statement Itoki s corporate activities are designed to usher in a dynamic future where lively and active individuals work together for the betterment of a beautiful and sustainable planet. By embodying the tolerance to accept the diverse values of individuals, we will continue to thoroughly consider the environmental impact of all our corporate activities as we strive to achieve a creative, prosperous, and vibrant society. Mission Statement We will strive to support the work-style of individuals in an effort to help maintain mental and physical health, to demonstrate powerful creativity while remaining highly productive, and to pave the way for valuable innovation. With unwavering consideration for the individual, Itoki will strive to design a fulfilling work-style that is both innovative and beneficial for the society of tomorrow through our efforts in helping customers create their ideal space, environment, and workplace.

3 Company Profile Corporate name Itoki Corporation Initiation December 1, 1890 Establishment of corporation April 20, 1950 Capital 5,277,000,000 yen Employees 1,964 (as of the end of December 2017) Head office Irifune, Chuo-ku, Tokyo, Phone: Fax: International Headquarters Phone: Board members Masamichi Yamada, Chairman Yoshiro Hirai, President Hidematsu Ibaragi, Director & Senior Technical Executive Kenji Makino, Director & Managing Executive Officer Hiroshi Nagata, External Director Toshio Nagashima, External Director Atsushi Fukuhara, Audit & Supervisory Board Member Tadashi Matsui, Audit & Supervisory Board Member Ryosuke Iinuma, External Audit & Supervisory Board Member Seitarou Saito, External Audit & Supervisory Board Member

4 Permits and licenses [Construction business license] License number: License from the Minister of Land, Infrastructure, Transport and Tourism (License No. 6845, Specific No. 26) Construction business types: Building operations, plumbing operations,steel structure construction operations, interior finishing operations,machinery and equipment installation operations, telecommunications wiring operations, fixtures construction operations, electric construction operations [Registered first-class architect office] Registration number: Tokyo Metropolitan Government No [Antiques dealer license] (1) Osaka Public Safety Commission License License number: , Osaka Public Safety Commission Approval type: Office equipment (2) Tokyo Public Safety Commission License License number: , Tokyo Public Safety Commission Approval type: Office equipment Main financing banks Line of business Mizuho Bank, Ltd. Sumitomo Mitsui Banking Corporation MUFG Bank, Ltd. [Office-related businesses] Workstation systems, desks, low partitions, office and conference room chairs, tables, related maintenance services, etc. [Equipment-related businesses] Office building internal materials, movable and fixed walls, security equipment, factory and logistics equipment, commercial facility equipment, research facility equipment, etc. [Others] Study desks and chairs, study and small office/home office furniture, etc. Innovation Center Showrooms Itoki Tokyo Innovation Center, SYNQA Tokyo Showroom Osaka Showroom Yokohama Office Plaza Nagoya Office Plaza Hiroshima Office Plaza Fukuoka Office Plaza

5 Network A company built by maintaining the trust accorded to us by our customers ITOKI s wide sales network both in Japan and overseas has been a major factor in building customer confidence in the corporate. The corporate has 55 branches and sales offices and more than 600 dealers/agents which can provide in-depth services for our customers and support our strong marketing efforts. We will continue to broaden this network in order to assure that we are able to serve the ever more varied and sophisticated needs of our customers in the years to come. Overseas network China India Shanghai Beijing Guangzhou Shenzhen Zhuhai Logic Office Furniture Ltd. Shun Hing Technology Co., Ltd. Godrej & Boyce Mfg. Co. Ltd. Singapore Thailand Canada U.S.A. Itoki Systems (Singapore) Pte., Ltd. TARKUS INTERIORS PTE LTD Itoki MODERNFORM Co.,Ltd. Modernform Group Public Co., Ltd. Cooperative company Global Upholstery Co. Inc. Itoki Corporation NY Design Indonesia PT. Itoki Solutions Indonesia P.T. DATASCRIP Switzerland Zueblin-Firesafe AG. 8

6 Overseas subsidiary and branch Co.,Ltd. Co.,Ltd. Shanghai Co.,Ltd. Beijing Co.,Ltd. Guangzhou Co.,Ltd. Shenzhen PT. Itoki Solutions Indonesia Itoki Systems (Singapore) Pte., Ltd. TARKUS INTERIORS PTE LTD Itoki MODERNFORM Co.,Ltd. Itoki Corporation NY Design No.129 Hutai New Road, LiuHe Town, Taicang City, Jiangsu Province, China Tel Fax Room401 Xingfuli 4F, No 381 Panyu Road, Changning District, Shanghai, China Tel Room1703, Phase C, Heqiao Building,No. Jia-8, Guanghua Road, Chaoyang District, Beijing, China Tel Fax Room 707, 7/F, Port Center, 406 Yan Jiang Dong Road, Yuexiu District, Guangzhou, Guangdong, China Tel Unit 16/F, Room 1609, Tian Jia Chuangye Building, Shangba Road, No.7, Futian District, Shenzhen, Guangdong, China Tel Satrio Tower 14th Floor Unit A Jl. Prof. Dr. Satrio Kav.1-4, Blok C4 Mega Kuningan, Jakarta Selatan - DKI Jakarta Tel New Bridge Road, #23-09/10 Chinatown Point, Singapore Tel Fax Defu Lane 9, Singapore Tel Fax Modernform Tower 22nd Floor 699 Srinakarindr Rd., Suan Luang, Bangkok, Thailand Tel Fax Broadway, New York, NY, USA Tel Fax ITOKI International Headquarters International Headquarters Phone:

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