COMPANY PROFILE PLANTS LABORATORY INC - JUNE 2020

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COMPANY PROFILE PLANTS LABORATORY INC - JUNE 2020
JUNE 2020

COMPANY PROFILE

         PLANTS LABORATORY INC.
COMPANY PROFILE PLANTS LABORATORY INC - JUNE 2020
confidential

Company profile
Corporate vision
We use the latest technology to provide a stable environment for growing plants around the
world. We are also committed to sustainable, eco-friendly and people-friendly agriculture.

Name            PLANTS LABORATORY INC.
Establishment   November 4, 2014
Representative Atsuyuki Yukawa
                Head office : 1-5-12 Minami-Aoyama, Minato-ku, Tokyo
                Fukushima Innovation Center : Funechiki-machi, Tamura-shi, Fukushima
Address         Demonstration site : 1-1-1 Midori-cho, Nishi-Tokyo-shi, Tokyo
                     (Inside of the University of Tokyo Institute for Sustainable Agro-ecosystem Services)
                   Okinawa office : 1-19-24 Ohnaka, Nago-shi, Okinawa (Nago-shi Sangyo Shien Center)
Capital         142.65 million yen (Including capital reserve)
Stockholder     Managers / Employees / Mitsubishi UFJ Capital Co.,Ltd. / JPE No.1 Co.,Ltd
                ◼    R&D of plant factory
                ◼    Consulting service for plant factory
Business
                ◼    Wholesale and Retail of agricultural material
                ◼    Wholesale and Retail of agricultural products
URL             http://www.plantslaboratory.com/
COMPANY PROFILE PLANTS LABORATORY INC - JUNE 2020
confidential

     Features of PUTFARM
     Double structure of an outer tarpaulin and an inner special metallic film (patented)
     Fast and low cost construction without foundation work

                                                         Tarpaulin       Air conditioners
         Heat reflection

 Special
metallic film
                                                                                                  REFLEX
                                                                                                               RESERVE
                                                                     Moisture conditioner
                                                                                                            RADIATE

                                                         Framework                           Special          Insulation
                                                                                            metallic film      material

                Patented in Japan/                                                            Difference between
                PCT pending                                                                 heat barrier and insulation
                (Jointly with the University of Tokyo)
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COMPANY PROFILE PLANTS LABORATORY INC - JUNE 2020
confidential
PUTFARM versus other normal plant factories
Reduce 50% of the initial cost and the running cost compared with other factories

           items                          PUTFARM                                Other factories
                           Pipe house                                  Substantial building
         Structure
                           Low cost, Farmland-constructive             Expensive, Unsuitable for farmland
        Measures for       Special metallic film reflects heat         Insulation material reserves heat
    external environment   Steady internal environment                 Heat is radiated inside
                           Moisture controlled and sterilized air is
                                                                       Dehumidifying by air conditioners
      Moisture control     fed
                           Environment can be controlled               Dehumidifying capacity is limited
                           Outside air is fed to inside                CO2 gas need to be supplied
        CO2 control
                           CO2 gas supplement is unneeded              High-cost, Dangerous for humans
                           Relocatable: lease is available             Assets by own fund or borrowing
       Cashflow / Tax
                           No or low tax and depreciation cost         High tax and depreciation cost
                                                                       High-initial/running-cost factory
           Result          Low-cost indoor farm ideal for plant
                                                                       unsuitable for plant culture
                                   cultivation techniques
    Our cultivation techniques provide stable production with a variety of vegetables
    all year around.

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COMPANY PROFILE PLANTS LABORATORY INC - JUNE 2020
confidential

    Cultivatable plants
      Proven track record to cultivate more than 80 different plants

                                                 Cabbages

       Leafy vegetables

                                       Fruits                Herbs
                Sprout

                                       Beans

    Mushrooms

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COMPANY PROFILE PLANTS LABORATORY INC - JUNE 2020
confidential

    Wide range of combinations with PUTFARM
PUTFARM allows you to multiple business in various areas.

             Clients                Uses              Models         Finance

                                    Simple
             Farmers                                   Normal        Own fund
                                  refrigerator
                                Leaf vegetable
                 Retailing                          Wind resistant   Subsidies
                                  cultivation
      Food                      Fruit vegetable
                Restaurant                          Snow resistant    Lease
    company                       cultivation
                 Food                                Heavy snow
                                Rising seeding
               manufacture                            resistant

              Transportation   Flower cultivation

                Builder/          Mushroom
    Others
                Logistics         cultivation
                Printing/       Chicken rising/
               Manufacture       Egg farming
       Social welfare          Land aquaculture
        corporation                system
               ・・・

                                      ・・・

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COMPANY PROFILE PLANTS LABORATORY INC - JUNE 2020
Models for PUTFARM
    Different models depending on environment
    PUTFARM provide the ideal internal environment regardless of locations

                     Normal model (Nishi-Tokyo-shi, Tokyo)
                     ・Less than 30 meter per second for wind speed
                     ・Universal model with lowest cost

                     Wind resistant model (Nago-shi, Okinawa)
                     ・Less than 80 m/s for wind speed
                     ・Suitable for typhoon-prone area

                     Snow resistant model (Tamura-shi, Fukushima)
                     ・Less than 40 cm per day for snowfall
                     ・Suitable for a cold region

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COMPANY PROFILE PLANTS LABORATORY INC - JUNE 2020
confidential

    LEAFRU
    Japan’s first vegetable shore selling vegetables produced in a plant factory
    located in Minami Aoyama

                                       Selling safe and reliable pesticide-free
                                       vegetables produced in an indoor farm
                                       “PUTFARM”

    LEAFRU Aoyama
    Address 1-5-12 Minami-Aoyama,
            Minato-ku, Tokyo
    Open hour 11:00~18:00
    Closed  Sat., San. and holidays
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COMPANY PROFILE PLANTS LABORATORY INC - JUNE 2020
confidential

    LEAFRU FARM
    Our Indoor Farm at SEIYU (Walmart group) in Kamifukuoka, Saitama

                                               Selling lettuce produced on the 3rd
                                               floor at Seiyu’s super market in the
                                               same building

    1-8-8 Kamifukuoka,
    Fujimino-shi, Saitama-ken

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COMPANY PROFILE PLANTS LABORATORY INC - JUNE 2020
confidential

    Customer’s voice
    THE GRILL TOKYO(Minatoku-Tokyo)
    A hamburger place with aged meat.
    The menu claims that LEAFRU’s vegetables are used.

    LEAFRU’s vegetables are soft and tasty without the bitterness of
    chemicals, so you can eat a lot of them naturally.
    It's clean and nutritious.
    People come here for the LEAFRU’s vegetables.

    It is a vegetable that you can tell the difference when you eat it.
    It is of good quality and easy to store and cook. It is a recommended
    vegetable that you must try.                                                Owner-chef
                                                                            Mr. Daigo Nakamura

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confidential

Media coverages

     ◼ March 14, 2020 Nikkei Digital Edition
         究極のとれたて野菜 スーパーに植物工場が登場(日経電子版)
        https://www.nikkei.com/article/DGXMZO56718290S0A310C2000000/

     ◼ March 9, 2020 @DIME
        店産店消の超新鮮なレタスが買える!西友上福岡店にテナント型の植物工場が出現(@DIME)
       https://dime.jp/genre/870455/

     ◼ February 29, 2020 senden-kaigi
        店舗に水耕栽培の野菜工場 西友、店産店消のレタスを発売(宣伝会議)
        https://mag.sendenkaigi.com/hansoku/202004/topics-recap/018456.php

     ◼ February 27, 2020 Nikkan kogyo
        西友、店内に植物工場 水耕栽培レタスを販売(日刊工業新聞)
       https://www.nikkan.co.jp/articles/view/549522

     ◼ January 22, 2020 Fukushima minpo
         イチゴ周年出荷栽培方法を研究(福島民報)
       https://www.minpo.jp/news/detail/2020012271972

     ◼ January 7, 2020 Gekkan jigyo-kousou
         屋内工場システムでイチゴを通年供給 福島の新しい農業の形(月刊事業構想)
        https://www.projectdesign.jp/202001/area-fukushima/007271.php

     ◼ December 28, 2019 senden-kaigi
        安価な植物工場で持続可能な農業を実現 福島からイチゴを通年供給(宣伝会議)
        https://mag.sendenkaigi.com/senden/202002/concept-marketers/018080.php

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confidential

     Copyright

     This presentation does not mean making any agreement including contract of mandate by and
     between your company and our company: we accept no liability.
     Although this document is based on reliable data, we can not vouch for its accuracy. The contents of it
     just show our opinions at present. We are not liable for any direct or indirect loss resulting from this
     document. If you have a problem with expertise, make sure to consult a specialist: a lawyer, a tax
     accountant, a CPA, and so on.
     This document is a copyrighted material of our company. No part of it may be quoted, reproduced and
     forwarded without our prior permission.

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