INFOCOM CORPORATION

Financial Results Briefingfor FY03/2024

April 25th, 2024 Security code： 4348
Copyright © 2024 INFOCOM CORPORATION. All rights reserved.

AgendaFinancial Results for FY03/24
Earnings Forecast for FY03/25

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Financial Results for FY03/24

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FY03/24 Financial Results

FY03/24
Consolidated Earnings Results⚫ Strong e-comics and healthcare performance led toincrease in sales and profit⚫ M&A transactions for business related to hospitals

Net sales

Operating profit

Profit attributable toowners of the parent¥84.4 billion¥9.7 billion¥6.6 billion+20.1% YoY+14.8% YoY+85.0% YoY

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Management Performance（Billion yen）

Net sales

FY03/2370.3

FY03/24

YoY
Change%84.4+14.1+20.1％+1.2+14.8％

8.5

9.7（12.1％）（11.6％）EBITDA

9.5

11.0+1.4+15.6％

Ordinary profit

8.5

9.8+1.2+15.1％

Profit attributable toowners of the parent*

3.56.6+3.0+85.0％

65.20

120.50+55.30+84.8％

8.0%

14.1%

+6.1pt-Operating profit(Operating margin)

Net income
per share (yen)ROE* In FY03/23, extraordinary loss (2.2 billion yen) was recorded for impairment loss on goodwill related to consolidated subsidiaries and loss on valuation of investment securities.

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5Segment Structure

FY03/24 Result

Digital Entertainment

Business Solution

E-comic

Health IT

E-Comic Distribution ServicePackage services
for medical institutions

32%

Business Software
Net sales ratio

68%

ERPCloud services
Business package

Enterprise ServiceManagement
System integration
for major companies

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Digital Entertainment Results
Increased activity for pay-as-you-go courses
Hit titles led to increase in sales and profit
Net sales

Operating profit(Billion yen)(Billion yen)

+10.8

+1.5

(+23.5%)(+24.9%)

57.1
46.2

FY03/23

7.5
6.0

FY03/24

FY03/23

FY03/24

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E-Comic Business Results
Change inAdvertising Strategy(Billion yen)

Start of Pay-asYou-Go CourseNet sales

5015.015049.812549.649.4

10049.275

Progress according to plan;maintaining growth vector

495048.8

2548.6048.4

Q1Q2

Q3

FY03/21

Q4

Q1

Q2

Q3

FY03/22

Q4

Q1

Q2

Q3

FY03/23

Q4

Q1

Q2

Q3

Q4

FY03/24
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Business Solution Results
Sales increase due to firm performance in products and services for hospitals and M&ADecrease in profit due to sales composition differences and up-front investments to create services

Net sales(Billion yen)

Operating profit

Health IT(Billion yen)

+3.2

-0.1

(+13.4%)(-6.8%)

27.3

24.0

2.4

2.3

FY03/23

FY03/24+3.1（+32.2％）9.8
FY03/232022年度13.0

FY03/24
2023年度Copyright © 2024 INFOCOM CORPORATION. All rights reserved.

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Investments
BusinessDevelopment(Billion yen)

6.4

M&A0.5• Health IT(made radiology department systems company J-MAC SYSTEMa subsidiary)
EquityInvestment*Investments and business alliances• E-Comic (capital and business alliance with Korean startup BeRapt)• Health IT (increased equity in nursing care staffing business Staffplus)• Evolving into a services-oriented business (business alliance with AI
crisis management services company Spectee)

4.0

2.7

E-Comic (linked web and app ID, functional improvements, etc.)

0.4
CapitalInvestment

0.9

1.2

New business planning, research, etc.

Health IT (development of mProbe for regional medical collaboration,
development of CWS for nursing care, etc.)
GRANDIT miraimil function improvements
Other (existing services)

1.6

0.1

0.2

FY03/23

FY03/24

R&D
Investment

AI, new technology research, etc.

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10Balance Sheets（Billion yen）

FY03/23

FY03/24

YoY

Major Change Factors

Current assets

49.1

53.0

+3.8

• Cash and deposits

Fixed assets

11.1

14.3

+3.1

• Investment securities, Goodwill

60.2

67.3

+7.0

14.6

17.4

+2.7

Non-current
liabilities

0.4

0.7

+0.2

Total liabilities

15.0

18.1

+3.0

Total net assets

45.1

49.1

+3.9

Total liabilities andnet assets

60.2

67.3

+7.0

74.3%

72.4%

-Total assets
Current liabilities

Shareholders’equity ratio• Accounts payable – trade,
Income taxes payable• Retained earnings

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11Cash Flows(Billion yen)

FY03/23

FY03/24

Operating CF

8.1

9.1

+1.0

Investing CF

(1.2)

(3.9)

-2.7

6.9

5.2

-1.6

(3.0)

(2.9)

+0.1

FCF

Financing CF
Effects of exchange ratechanges on cash and cash
equivalents

0.0

0.0

-0.0

Change in cash and cash
equivalents

3.8

2.3

-1.5

Cash and cash equivalents,
beginning of period

31.7

35.5

+3.8

Cash and cash equivalents,
end of quarter

35.5

37.8• Profit before income taxes• Depreciation

YoY+2.3• Outlays for purchases of stock in subsidiaries• Purchase of intangible assets• Purchase of investment securities(Billion yen)

+9.1
• Dividends

-3.9
35.5

Beginning
FY03/24

37.8-2.9

OperatingCF

Cash and Equivalents

Investing
CFFinancing
CFEnd
FY03/24

Cash and Equivalents

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Earnings Forecast for FY03/25

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Earnings Forecast for FY03/25

FY03/24 Results(Billion yen)

Net sales

FY03/25 Forecast

Difference

1H2H

FY

1H2H

FY

Change%

40.0

44.4

84.4

44.5

49.5

94.0+9.5+11.3％+1.2+12.4％

4.1

5.6

9.7

4.3

6.7

11.0

（10.4％）（12.6％）（11.6％）（9.7％）（13.5％）（11.7％）EBITDA

4.7

6.3

11.0

5.1

7.5

12.6

+1.5 +13.6％

Ordinary profit

4.2

5.6

9.8

4.3

6.7

11.0

+1.1

+11.2％

Profit attributable toowners of theparent

2.8

3.7

6.6

2.9

4.4

7.3

+0.6

+10.4％

Operating profit(Operating margin)

Net income per share(yen)120.50133.09+12.59 +10.4％

ROE

14.1%

14.3%+0.1pt-Copyright © 2024 INFOCOM CORPORATION. All rights reserved.

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Digital Entertainment Earnings Forecast
Aim for continued double-digit growth outperforming market forecasts

Net sales(Billion yen)

Operating profit(Billion yen)

+7.8

+0.9
(+12.6％)(+13.8%)

65.0

8.5

57.1
7.5

FY03/24

FY03/25(Reference) Market forecast for the fiscal year 2024: YoY increase of +7.0%
Source: Impress Corporation E-book Business Research Report 2023

FY03/24

FY03/25
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Business Solution Earnings Forecast
Steady growth, mainly in Health IT

Net sales(Billion yen)

Operating profit

Health IT(Billion yen)

+1.6+0.1(+6.1%)(+7.9%)

29.0

27.3

2.3

2.5+1.4(+10.9%)

13.0

14.5

FY03/24
2023年度

FY03/25
2024年度

FY03/24

FY03/25
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Investment Plan

(Billion yen)

2.3
0.5

Business
Development

1.8

New business planning, research, etc.

E-Comic

0.2
CapitalInvestment

1.6

Other (to evolve into a services-oriented business)

1.5
R&DInvestment

0.20.1

FY03/24

FY03/25(Forecast)

Health IT

AI, new technology research, etc.

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Shareholder Returns
Strive for stable dividends and aim to maintain a dividend payout ratio of 30%Dividends

FY03/25 Forecast

Annual Dividends Per Share（Yen）

Annual Dividends
Per Share

InterimYear-End

Commemorative Dividend

50¥4531213727

10Dividend
payout ratio

Shareholder
Benefits

5452727181845

27

Dividend payout ratio

33.8%

50

101013

FY03/20

FY03/21

FY03/22

FY03/23FY03/24

FY03/25(Forecast)

30.6%

32.3%

39.6%

76.7%

37.3%

33.8%

We plan to provide shareholder benefits to shareholders owning at least one trading unit per theregister of shareholders as of September 30, 2024
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Becoming a services company

that delivers new value through the co-creation of ICT
and real-world businesses
Contact

INFOCOM CORPORATION
Corporate Communications Office

03-6866-3160

pr＠infocom.co.jp

This document is provided for the purpose of providing information about the Company and its performance, not for the solicitation of investments in securities issued by theCompany. In addition, because yen figures in this document are stated in billions of yen and rounded off after the first decimal place, management indicators, year on year changes,and percentage changes are approximate. With certain exceptions, this document is based on data as of March 31, 2024. The names of the companies, services, and products
stated in this document are trademarks or registered trademarks of their respective companies.
The opinions and forecasts included in this document are judgments of the Company as of the date this document was prepared. The Company does not guarantee the accuracy orcompleteness of information contained herein, which might change as new data becomes available.

Copyright © 2024 INFOCOM CORPORATION. All rights reserved.

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