/C O R R E C T I O N/ -- Hoshi Corporation/

TOKYO,Jan. 31,2019 -- In the news release,"Hoshi Corporation Starts Accepting Orders for Manufacturing Made-in-Japan Cosmetic Products by Fully Utilizing Bonded Cosmetic Factory" issued on 29-Jan-2019 by Hoshi Corporation over PR Newswire,we are advised that the company's name in paragraph 15 was incorrect. "Hoshino" should read as "Hoshi". The full corrected release is as follows:

Hoshi Corporation Starts Accepting Orders for Manufacturing Made-in-Japan Cosmetic Products by Fully Utilizing Bonded Cosmetic Factory

Hoshi Corporation,the Tokyo-based OEM and ODM cosmetic company,has received a license from the Okinawa Regional Customs to operate Japan's first bonded cosmetic factory.

The company is strongly geared toward exporting OEM and ODM cosmetic products with its logistics base in Okinawa,as driven by growing international demand for made-in-Japan cosmetic products,mainly to Asian and Oceania countries. Currently Hoshi has been dealing with over 700 overseas clients.

The bonded cosmetic factory operation license has enabled the company to fully use its high manufacturing technology and quality to reduce costs and realize swift production,thereby offering you affordable manufacturing plans thanks to reduced tariff and storage costs.

Website: http://hoshicorp.jp/bondedfactory/

Devices available for access: PCs,mobile phones

- Features of the Okinawa factory:

The Okinawa factory is located in the Global Logistics Center (Okinawa GLC) that is operated by Okinawa Yamato Transport Co.,Ltd.,a subsidiary of Yamato Holdings Co.,a major player in the logistic industry in Japan.

By operating the bonded factory in the Okinawa GLC area neighboring Naha International Airport,Hoshi can undertake filling,packaging,assembling operations and store materials in the bonded area.

- Business advantages by fully utilizing Okinawa bonded factory:

TARIFF CUTS

You are NOT required to bear import duties imposed on cosmetic packages.

EXPRESS DELIVERY

The Okinawa factory is adjacent to Naha International Airport,allowing the lead time of import and export to be reduced.

GLOBAL LOGISTICS NETWORK

Make use of the global network of the Yamato transportation group,the largest logistic company in Japan.

RELIABLE MADE-IN-JAPAN BULK

High quality is assured by manufacturing under the Japanese GMP.

SMALL-LOT PRODUCTION

Accept manufacturing orders starting with a lot of 500 units

REDUCE STORAGE COST

Product storage inside the Okinawa GLC is available at low cost.

SUPPORT CROSS-BORDER EC BUSINESS

Hoshi supports cross-border e-commerce business by utilizing its logistic facility as your business hub.

- Business flow by utilizing Okinawa bonded factory:

STEP 1

Transfer cosmetic bulk to Okinawa factory from Hoshi's domestic cosmetic manufacturing factories.

STEP 2

Import Korean or Taiwanese cosmetic packaging.

*Selected high-quality Taiwanese and Korean packaging can be imported at preferential tariff rates.

STEP 3

Fill cosmetic bulk into imported containers.

Final finishing process of assembling and packaging

STEP 4

Export to your clients/agents (a third country) without custom clearance.

Image: Comparison chart

https://kyodonewsprwire.jp/prwfile/release/M104323/201901212418/_prw_PI1fl_1S4u95E7.jpg

Geographical advantage of Okinawa,the southernmost island of Japan:

The only 24-hour operating customs clearance system in Japan

Less than 4 hours on flight to major Asian cities

Located at the center of the mass Asian market of 2 billion customers

Advantages of choosing Hoshi Corporation as your OEM partner:

Track record of exports to more than 20 countries

Decades of cosmetic OEM business experience with over 700 domestic and overseas clients,with over 20,000 product types handled

4 manufacturing factories in Japan (Tokyo,Gunma,Saitama and Okinawa)

A proven and trusted service that has been steadily forged since Hoshi's founding

Company Profile

Name: Hoshi Corporation

Address: 31-2,Kanda Higashi Matsushita-Cho,Chiyoda-Ku,Tokyo,101-0042,JAPAN

CEO: Tsuneo Hoshino

Founded: April 30,1975

Capital: 80,000,000 yen

Business lines:

Sales of cosmetics,pharmaceuticals and health foods

Planning and sales of containers and packaging materials

Planning and contract manufacturing of cosmetics,pharmaceuticals and health foods