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

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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”.

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seven dreamers laboratories,

inc. Seven Dreamers aims to create a novel concept of values and drive innovations through revolutionary technical capabilities. In the first line of business, Seven Dreamers provides nastent ™, the world’s first nasal insertion medical device for the treatment of sleep apnea and snoring (Sales started from July in 2014). In the second line of business, Seven Dreamers provides full custom-made, high-quality, and high-performance golf shafts created based on a state-of-the-art space satellite development technology.

In the third line of business, Seven Dreamers has been developing the world’s 1st laundry folding bot, laundroid, for more than a decade after the beginning of development in 2005, in order to free people from the labor of carrying, folding and storing processes and increase time with one’s family and for one’s hobby.

By starting this joint development with Panasonic and Daiwa House, Seven Dreamers aims to drive innovations. www.sevendreamers.com

Panasonic Corporation Panasonic Corporation is a worldwide leader in the development of diverse electronics technologies and solutions for customers in the consumer electronics, housing, automotive, enterprise solutions and device industries. Since its founding in 1918, the company has expanded globally and now operates 468 subsidiaries and 94 associated companies worldwide, recording consolidated net sales of 7.715 trillion yen for the year ended March 31, 2015. Committed to pursuing new value through innovation across divisional lines, the company uses its technologies to create a better life and a better world for its customers. www.panasonic.com/global

Diana House Industry Co., Ltd. Diana House Industry was founded in 1955 on the basis of a corporate philosophy of contributing to the “industrialization of construction.” In the more than half-century since then, the Company has expanded across a wide field of operations, including the construction of single-family houses, rental housing, condominiums, commercial facilities, and general business-use buildings.

Today, with a focus on “co-creating value for individuals, communities, and people's lifestyles,” the Daiwa House Group is currently expanding its operations in Japan in a wide array of business fields, from developing “smart towns,” rental housing, stores, and logistics facilities, to providing eco-friendly buildings. Overseas, we are expanding our operations in many parts of the world by aggressively deploying the business models that we have created in Japan in countries throughout the world.

In addition, we are proactively promoting new businesses such as environmental energy, robotics, and agriculture. www.daiwahouse.co.jp/English

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

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