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Seven Dreamers, Panasonic, Daiwa House Present New Joint Development

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Seven Dreamers, Panasonic, Daiwa House Present New Joint Development News Release October 7, 2015 seven dreamers laboratories, inc. Panasonic Corporation Daiwa House Industry Co., Ltd. Seven Dreamers, Panasonic, Daiwa House Present New Joint Development “ laundroid ” The World's 1st Laundry Folding Bot seven dreamers laboratories, inc. (Head office: Mita Minato-ku, Tokyo, Japan, President & CEO: Shin Sakane, hereinafter “Seven Dreamers”), Panasonic Corporation (Head office: Kadoma-shi, Osaka, Japan; President: Kazuhiro Tsuga, hereinafter “Panasonic”) and Daiwa House Co., Ltd. (Head office: Osaka, Japan; President & CEO: Naotake Ono, hereinafter “Daiwa House”) announce the start of a joint development for the world's 1st laundry folding bot with the aim of pre-order launch in fiscal year 2016. “ laundroid ” The World's 1st Laundry Folding Bot Page 01 / 04 By fusing pioneering automatic laundry folding technology developed by Seven Dreamers, advanced washing and drying machine technology and home electronics development capacity developed by Panasonic, and track record in housing and nursing care businesses expanded by Daiwa House, Seven dreamers, Panasonic and Daiwa House have started this joint development project of commercialization of laundroid [*1]. The laundroid frees people from the labor required in the folding and increases time with one’s family and for one’s hobby, resulting in revolutionizing people’s life style. *1：Trade Mark Pending Seven Dreamers has implemented a large scale funding of 1.52 billion yen through third party allocation of new shares by Daiwa House, The University of Tokyo Edge Capital and several other companies in a Series A financing round. Seven Dreamers continues to promote not only development of revolutionary technology but also expansion of global business. Through this joint development, Panasonic aims to provide more comfortable life style to consumers by enabling the automation of not only washing and drying processes but also folding process. Daiwa House aims to achieve the realization of ideal social model by supplying services and products for the purpose of solving social issues, with a focus on “co-creating value for individuals, communities, and people's lifestyles”. “ laundroid ” The World's 1st Laundry Folding Bot Page 02 / 04 seven dreamers laboratories, Panasonic Corporation Diana House Industry Co., Ltd. inc. Panasonic Corporation is a worldwide Diana House Industry was founded in leader in the development of diverse 1955 on the basis of a corporate Seven Dreamers aims to create a electronics technologies and philosophy of contributing to the novel concept of values and drive solutions for customers in the “industrialization of construction.” In innovations through revolutionary consumer electronics, housing, the more than half-century since then, technical capabilities. In the first line of automotive, enterprise solutions and the Company has expanded across a business, Seven Dreamers provides device industries. Since its founding in wide field of operations, including the nastent ™, the world’s first nasal 1918, the company has expanded construction of single-family houses, insertion medical device for the globally and now operates 468 rental housing, condominiums, treatment of sleep apnea and snoring subsidiaries and 94 associated commercial facilities, and general (Sales started from July in 2014). In the companies worldwide, recording business-use buildings. second line of business, Seven consolidated net sales of 7.715 trillion Dreamers provides full custom-made, yen for the year ended March 31, Today, with a focus on “co-creating high-quality, and high-performance 2015. Committed to pursuing new value for individuals, communities, golf shafts created based on a state- value through innovation across and people's lifestyles,” the Daiwa of-the-art space satellite development divisional lines, the company uses its House Group is currently expanding technology. technologies to create a better life its operations in Japan in a wide array and a better world for its customers. of business fields, from developing In the third line of business, Seven “smart towns,” rental housing, stores, Dreamers has been developing the www.panasonic.com/global and logistics facilities, to providing world’s 1st laundry folding bot, eco-friendly buildings. Overseas, we laundroid, for more than a decade are expanding our operations in many after the beginning of development parts of the world by aggressively in 2005, in order to free people from deploying the business models that the labor of carrying, folding and we have created in Japan in countries storing processes and increase time throughout the world. with one’s family and for one’s hobby. In addition, we are proactively By starting this joint development promoting new businesses such as with Panasonic and Daiwa House, environmental energy, robotics, and Seven Dreamers aims to drive agriculture. innovations. www.sevendreamers.com www.daiwahouse.co.jp/English “ laundroid ” The World's 1st Laundry Folding Bot Page 03 / 04 For further information, please contact the following seven dreamers laboratories, inc. Public Relations Division: Miyashita, Hoshida Tel: +81-3-6453-7018 Head Office: 1-4-28 Mita, Minato-ku. Tokyo 108-0073 Japan Panasonic Corporation Public Relations Department TEL：(Tokyo) +81-3-3574-5661 (Osaka) +81-6-6908-0447 Head Office: 1006 Oaza Kadoma, Kadoma-shi, Osaka Daiwa House Industry Co., Ltd. Corporate Communications Department TEL：(Tokyo) +81-3-5214-2112 (Osaka) +81-6-6342-1381 Head Office: 3-3-5 Umeda, Kita-ku, Osaka “ laundroid ” The World's 1st Laundry Folding Bot Page 04 / 04.
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