Cyberdyne : MHLW added HAL Lumbar Type for Care Support to a list of eligible products to its subsidy program to secure human resources

2018/04/17

Company:

CYBERDYNE, INC.

Name of Representative:

Yoshiyuki Sankai, President and CEO

Code:

7779 (Mothers Section of the Tokyo Stock Exchange)

Contact:

Shinji Uga, Director and CFO (Tel. [phone])

MHLW added HAL Lumbar Type for Care Support to a list of eligible products to its subsidy program to secure human resources

CYBERDYNE,INC. (the "Company") announces that the category of "Wearable Transferring Aid devices", which include HAL Lumbar Type for Care Support, was added to a list of eligible products to a subsidy program hosted by the Ministry of Health Labour and Welfare ("MHLW"). The category was adopted in the subsidy program called "Subsidy to Support the Securing of Human Resources; Nursing-care/Welfare Device Course"(temporary translation by the Company) starting from April 2018

1. Name of the subsidy project

"Subsidy to Support the Securing of Human Resources; Nursing-care/Welfare Device Course"

2.

Outline

The subsidy program supports care facilities owners who wish to introduce new nursing-care devices for reducing the physical burden of their workers. MHLW will grant the subsidy if facility owners succeed in improving their work environment and reducing turnover rate through effective usage of such devices. Facility owners could apply to receive up to 60% of a total cost eligible to the subsidy program.

【Subsidy to support introduction of devices】

25% of a total cost eligible to the program will be subsidized (maximum of 150 million Japanese yen)

【Subsidy for achieving the goal】20% of a total cost eligible to the program will be subsidized if the facility succeeds in reducing the turnover rate or 35% of a total cost eligible to the program will be subsidized if the facility succeeds in reducing the turnover rate below the pre-determined rate (maximum of 150 million Japanese yen).

（Links）

Link to the website of Ministry of Health Labour and Welfarehttp://www.mhlw.go.jp/stf/seisakunitsuite/bunya/0000199292.html(in Japanese only)

Link to the Company external sitehttps://www.hal-care-support.jp

3. Schedule The Company plans to post the sales of HAL Care Support Lumbar Type as net sales.