August 2024

FCE Inc.*（TSE Standard:9564）* Company name changed as of January 2024

■会社概要
Our company’s purpose is to create a world in which everyone can approach and solve
challenges with all their might.
Our mission, to realize our purpose, is contribute to maximizing human capital through“People” x “Tech”

We will provide opportunities to maximize human capital through our DX Promotion Businessand Education and Training Businesses.

As of now, the percentage of sales for our DX Promotion Business exceeds 50% of our company
sales. In addition, our recurring revenue streams account for approximately 80% of overall sales,increasing the stability of our operations.

■Company History1©2024 FCE Inc.

February 2004: FCE Education establishedOctober 2006: FCE Trading Company establishedMarch 2007: Start of the Challenge CupJune 2009: Moved office from Tawaramachi to KuramaeOctober 2013: Global Academy established (current FCE Education’s Global Academy Division)

June 2015: Started offering the Find! Active Learner service (current FCE Education’sEducation Division)

July 2015: Moved office to Shinjuku NS Building

October 2015: FCE Process & Technology establishedApril 2018: FCE Publishing establishedFebruary 2022: Named Great Place to Work®’s "Best Company to Work” for ten consecutiveyears



October 2022: FCE Holdings listed on Tokyo Stock Exchange (current FCE Inc.)January 2024: Company name changed to FCE Inc.

Our company began with our Education Business in 2004 and has expanded into several
businesses. In the process, we began to see an increase in requests from companies for training
and consulting services to improve their productivity. We thought about how we could help increase
productivity, not only through training and consulting, but also through technology, which is how
we came across the RPA Business (the current DX Promotion Business). Thanks to current trends,
the RPA Business, which uses a recurring sales business model, achieved rapid growth. Through thepandemic, our Education and Training Business is also transforming to a stock-type business like eLearning.

■Main Business１．DX Promotion BusinessWe offer one-stop introduction, study sessions and business improvement consulting services for“RPA Robo-Pat DX,” a domestically produced RPA software. The “RPA Robo-Pat DX” is a “personalRPA” that allows atomization of computer work without the need of programming knowledge. Thisis popular with small and medium-sized companies as well as large companies that are considering
implementing the system on a departmental basis who otherwise see this implementation as achallenge. The current churn rate is maintained at a low rate of around 1%.

2©2024 FCE Inc.

2．Education and Training BusinessIn our Education and Training Business, we offer lesson programs based on “Seven Habits of Highly
Efficient People J®“ as well as sales of the “Foresight Handbook,” a business handbook for juniorhigh and high school students. Our “Foresight Handbook” has the top market share in the market
for handbooks for junior high and high school students, and in line with the GIGA school concept,
we developed an app, while also jointly developing educational DX with the Board of Education ofNomi City, Ishikawa Prefecture, etc. In our Training Business, we offer online training system “SmartBoarding” for employee training as well as training and consultation. The number of companies
adopting “Smart Boarding” is steadily increasing due to the increase in market demand for elearning as well as demand for reskilling.

3©2024 FCE Inc.

（Main KPI Status for DX Promotion Business and Education and Training Business）■Mid-Term Management Plan (September 2023 – September 2025)
Under the three-year mid-term management plan, net sales are expected to grow by over 10%
each fiscal year, to over 4.9 billion yen by the fiscal year ending September 30, 2025. Ordinary
income is expected to grow at least 25% per year and is projected to exceed 880 million yen in thefiscal year ending September 30, 2025.
Profit margins are expected to improve each fiscal year, especially as our recurring revenue
businesses continue to expand, and profits will increase more than sales growth, with an ordinary
income margin of 18% expected in the fiscal year ending September 2025.

4©2024 FCE Inc.

■Financial Highlights of the Third Quarter Ended June 30, 2024

■Others✓Revision of full-year earnings forecast for the fiscal year ending September 30,2024 (disclosed on August 13, 2024)

Net sales are revised to 5,000 million yen, exceeding the mid-cycle target for the next fiscal year
ending September 30, 2025, due to the progress of the RPA Robo-Pat DX and Smart Boarding SaaStype businesses.
Although profits will increase due to higher revenues, recurring profit will remain unchanged at 705
million yen due to (1) investments in new businesses for continued growth (mainly FCE PromptGate) and (2) planned investments in advertising, sales promotion, and human resources. Net
income is revised to 500 million yen due to an expected decrease in tax payments resulting fromthe absorption of a subsidiary.
5©2024 FCE Inc.

✓Changes in Dividend Policy and Shareholder Benefit Plan (Disclosed on May 13, 2024)●Dividend Policy
While maintaining and improving our sound financial position, we aim to pay dividends toshareholders with a dividend payout ratio of 25%, taking into consideration such factors as profit
levels, future capital investment, and free cash flow trends. Retained earnings will be used forinvestments to enhance corporate value and will be returned to shareholders through futurebusiness development.
●Shareholder Benefit Plan・Eligible for shareholders who hold one unit (100 shares) or more of the Company's stock asrecorded in the Company's shareholder registry as of September 30.
・Shareholders to be gifted with QUO cards worth 1,000 yen for each 100 shares or more held.
*QUO cards featuring the FCE 20th anniversary design and Rena Yamazaki, the image character of the "FCE Prompt
Gate" will be presented.
*”FCE Premium Preference Club” shareholder points distributed in FY2023/9 will be suspended.

For details, please refer to the following disclosure.
https://contents.xj-storage.jp/xcontents/AS05165/05420576/c9ea/4fbe/b829/e9bc157645e6/140120240513592891.pdf

FCE Inc. IR website
https://fce-hd.co.jp/ir/

FCE Inc. Official X (Twitter)
https://twitter.com/fce_ir

6©2024 FCE Inc.