Evolable Asia Corp. (Head Office: Minato Ward, Tokyo; CEO: Hideki Yoshimura; Stock Code: 6191), hereinafter referred to as “Evolable Asia”, deals with online traveling, tourism in Japan, and IT offshore development around Asia with a corporate philosophy of “One Asia”. The company has signed with its 4th bank , securing 550 million yen worth of funds available in overdraft. Though we had announced that signed with its 11 banks, securing 2.5 billion yen available in overdraft on January 12, 2017, it is a additional overdraft contract. As a result, 5.55 billion yen is now available for our investment. Our company will strategically invest these funds on Large M&A and aims to earn 100 billion yen on the billings
 

■Regarding the investment prospects of 5.55 billion yen and its use
Currently, the company owns 2.5 billion yen in net assets (*1) along with 3.05 billion in available overdrafts from the bank which equals 5.55 billion yen in total assets.

As we announced on January 12, 2017, the following is an overview strategy and direction the company will go in order to increase its stock value.

① To merge and acquire companies that have similar traits or show potential for synergy. The company is especially committed to the 100 billion target and will strategically implement a large scale M&A.
② To implement a marketing campaign aimed to increase brand awareness, especially for the online travel business and the AirTrip service that was announced on November 14, 2016, and customer acquisition (this includes mass advertising).
③ To invest in systems related to the company’s online travel services and its website

■Effects on Our Profit
There will be no changes in the September 2017 financial projections that we presented on November 14, 2016. If there are any changes, we will inform you as soon as possible.

【Evolable Asia Corporation】

Head Office	：Atago Green Hills Mori Tower 19th Floor, 2-5-1 Atago, Minato Ward, Tokyo
Company Name	：Evolable Asia Corporation
Representative	：CEO Hideki Yoshimura
Capital	：1,019 million yen (Paid-in Capital 1,844 million yen)
URL	：http://www.evolableasia.com/

【Evolable Asia Service Website】

General Traveling Service Platform AirTrip	：https://www.airtrip.jp/
Travel Website TRIP STAR	：http://japanflight.tripstar.co.jp/
Domestic Flight Booking Website Soratabi.com	：http://www.soratabi.com/
Business Travel Management (BTM)	：http://www.evolableasia.com/service/btm.html
IT Offshore Development	：http://offshore.evolableasia.com/

【Evolable Asia Investor Relations Website】
http://www.evolableasia.com/ir