Conclusion of the Tokyo Sea Life Park Renewal Project Contract

The Tokyo Metropolitan Government Bureau of Construction has conducted general competitive bidding for the Tokyo Sea Life Park (tentative name) Renewal Project (hereinafter "the Project") and selected INOCHI Group (represented by NEC Capital Solutions Limited) as the awardee in accordance with the provisions of Article 8 of the Act on Promotion of Private Finance Initiative (Act No. 117 of 1999).

The Bureau of Construction hereby announces that it has signed a project contract with the special purpose company established by the representative company and seven member companies.

1.　Project Name

Tokyo Sea Life Park (tentative name) Renewal Project

2.　Project Period

From the day following the date of conclusion of the project contract to March 31, 2048

3.　Project Site

Rinkai-cho 6-chome, Edogawa-ku, Tokyo

4.　Project Description

（1）Development of a new aquarium on the current premises of Tokyo Sea Life Park
（2）Maintenance and restaurant operations for the new aquarium

5.　Contract Partner

Tokyo Seatelier Co.

6.　Contract Amount

JPY 43,144,386,762 (Tax included)

7.　Background from the determination of the awardee to the conclusion of the contract

August 25, 2022:	INOCHI Group (represented by NEC Capital Solutions, Ltd.) selected as the awardee
September 6:	Basic agreement with NEC Capital Solutions, Ltd. and 10 other companies concluded
October 4:	Special purpose company Tokyo Seatelier Co. established
December 15:	Resolved at the 4th regular session of the Tokyo Metropolitan Assembly
December 15:	Project contract with Tokyo Seatelier Co. concluded