Japan Lifeline Co., Ltd.

Medium-Term Strategy Briefing

May 11, 2023

*This transcript was prepared by SCRIPTS Asia Inc.

Event Summary

[Company Name]

Japan Lifeline Co., Ltd.

[Company ID]

7575-QCODE

[Event Language]

JPN

[Event Type]

Medium-Term Management Plan Announcement

[Event Name]

Medium-Term Strategy Briefing

[Fiscal Period]

[Date]

May 11, 2023

[Number of Pages]

23

[Time]

14:22 - 14:55

(Total: 33 minutes, Presentation: 15 minutes, Q&A: 18 minutes)

[Venue]

Webcast

[Venue Size]

[Participants]

[Number of Speakers]

4

Keisuke Suzuki

President and CEO

Atsuhiro Suzuki

Senior Executive Vice President and COO

Kenji Yamada

Senior Vice President, Executive Manager of

Corporate Administration Headquarters

Takeyoshi Egawa

Senior Executive Officer

[Analyst Names]*

Yuki Yamazaki

Daiwa Securities

Motoya Kohtani

Nomura Securities

Takahiro Mori

Mizuho Securities

*Analysts that SCRIPTS Asia was able to identify from the audio who spoke during Q&A.

Support

Japan

050.5212.7790

North America

1.800.674.8375

Tollfree

0120.966.744

Email Support

support@scriptsasia.com

1

Presentation

Moderator: I would like to move on to the medium-term strategy briefing.

Mr. Keisuke Suzuki, President and CEO, will explain the medium-term strategy.

Keisuke Suzuki: My name is Suzuki. Thank you for joining us.

Since I sent out the medium-term plan yesterday, I would like to discuss just a few key points with you.

We have changed our business portfolio considerably. We have downsized the coronary intervention business, resigned the Orsiro distributor contract, and as I mentioned earlier, we have transferred our shares in the Shenzhen factory that manufactures wires and valves related to this business and closed.

Then, as just mentioned, the RF Needle contract is also over. The blood purification business was transferred to another company. In this context, we have decided to focus on new areas, such as cerebrovascular or gastrointestinal.

Support

Japan

050.5212.7790

North America

1.800.674.8375

Tollfree

0120.966.744

Email Support

support@scriptsasia.com

2

This is the track record since the establishment. The right-hand side of the chart shows that the Company's share of JPY51.7 billion in sales in the previous fiscal year reached 54.9%.

These are our business segments.

3/4 are related to arrhythmia. We are now moving on the premise that we are in effect withdrawing from the coronary intervention area, rather than reducing it, in order to focus on the remaining areas: cardiovascular, cerebrovascular, and gastrointestinal areas.

Support

Japan

050.5212.7790

North America

1.800.674.8375

Tollfree

0120.966.744

Email Support

support@scriptsasia.com

3

This is about the market surrounding us.

In the market of JPY250 billion in our portfolio, we are currently making JPY51.7 billion.

This is about our business model, and of course we will continue to do business as a hybrid manufacturer and trading company.

Support

Japan

050.5212.7790

North America

1.800.674.8375

Tollfree

0120.966.744

Email Support

support@scriptsasia.com

4

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Disclaimer

JLL - Japan Lifeline Co. Ltd. published this content on 15 May 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 May 2023 03:26:04 UTC.