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ITOKI CORPORATION (Head office: Chuo-ku, Tokyo; President: Yoshiro Hirai) has partnered with CLAS Corporation (Head office: Meguro-ku, Tokyo; President and CEO: Hirotake Kubo; hereinafter referred to as CLAS), which operates the furniture and home appliance subscription service CLAS. In order to contribute to the achievement of SDG Goal 12, "Responsible Consumption and Production," ITOKI will begin working to create a "society that does not throw things away" through the CLAS service infrastructure.

ITOKI has long recognized that Planet environmental issues are the most important management issue, in order to pass on to the future a beautiful Planet that continues to live and a society rich in nature in which people live actively. Our environmental policy is to contribute to the realization of a sustainable society by making effective use of limited resources, conserving biodiversity, and reducing the burden on Planet environment.

This partnership with CLAS is expected to not only provide products for sustainable circular services, but also contribute to reducing waste by supplying genuine parts as needed, and contributing to the conservation of biodiversity. We believe that this is an expansion of services that are considerate of Planet environment.

In addition, by entering into a revenue share (*) agreement, you will be able to develop new customers while sharing business revenue, and you will be able to listen to the opinions of users who have actually used the product and reflect it in product development. Through this partnership, we aim to achieve Goal 12, ``Responsible Production and Responsible Consumption,'' of the Sustainable Development Goals (SDGs) advocated by the United Nations.

Business details: Operation of CLAS, a subscription service for furniture and home appliances
Representative Director and President: Hirotake Kubo
Head Office: Aobadai Studio 2F, 4-6-6 Aobadai, Meguro-ku, Tokyo
Established: April 24, 2018

CLAS is a subscription service for individuals and corporations that allows you to use and exchange furniture and home appliances for as little as 440 yen (tax included) per month.
``Initial costs are kept low (shipping and security deposits are basically 0 yen)'' (*1)'' ``Easy to replace'' ``High-quality materials and design'' ``The longer you use it, the better value you get (50% off in the 3rd year, 4 years)'' 80% OFF)", which allows you to constantly update your ideal space. Additionally, items that become dirty or damaged under normal use can be replaced free of charge. It can be widely used in private homes, offices, restaurants, hotels, etc. Enjoy creating a more casual and comfortable space that suits your tastes and style.
(Target areas: Tokyo, Kanagawa, Chiba, Saitama, Osaka, Kyoto, Hyogo) (*2)

Business details: Workplace Business, Equipment & Public Works-Related Business, IT/sharing business
Head Office: Nihonbashi Takashimaya Mitsui Building, 2-5-1 Nihonbashi, Chuo-ku, Tokyo
Established: April 20, 1950