Summary of Consolidated Financial Results for the Third Quarterof the Fiscal Year Ending March 31, 2024
(Nine Months Ended December 31, 2023)[Japanese GAAP]
January 31, 2024

Company name: QUICK CO., LTD.

Listing: Tokyo Stock Exchange, Prime Market
URL: https://919.jp/

Stock code:
4318
Representative: Tsutomu Wano, Chairman
Contact:
Kenta Kijima, Director and Executive Officer,
General Manager of Administration and Accounting Division
Tel: +81-6-6366-0919
Scheduled date of filing of Quarterly Securities Report:
February 13, 2024
Scheduled date of payment of dividend:–
Preparation of supplementary materials for quarterly financial results: None
Holding of quarterly financial results meeting:None(All amounts are rounded down to the nearest million yen.)

1. Consolidated Financial Results for the Third Quarter of the Fiscal Year Ending March 31, 2024
(April 1, 2023–December 31, 2023)(1) Consolidated results of operations(Percentages represent year-on-year changes.)
Net sales
Millions of yen

Operating profit

Profit attributable toowners of parent

Ordinary profit% Millions of yen% Millions of yen% Millions of yen

22,240
5.6
4,519
7.5
4,579
7.6
Nine months ended Dec. 31, 2023
21,052 19.8
4,206
29.9
4,254
29.9
Nine months ended Dec. 31, 2022
Note: Comprehensive income (millions of yen) Nine months ended Dec. 31, 2023: 3,678 (up 30.0%)
Nine months ended Dec. 31, 2022: 2,829 (up 7.3%)
Net income per share Diluted net income per share
Nine months ended Dec. 31, 2023
Nine months ended Dec. 31, 2022

Yen

Yen

167.36160.06

–
–

%

3,130
3,018

3.7
32.2

(2) Consolidated financial position
Shareholders’ equity
ratio

Total assets

Net assets

Millions of yen

Millions of yen

Net assets per share%

As of Dec. 31, 2023
20,233
15,905
As of Mar. 31, 2023
20,17913,724
Reference: Shareholders’ equity (millions of yen)
As of Dec. 31, 2023: 15,900

Yen

78.6
68.0
As of Mar. 31, 2023: 13,723

849.96733.602. Dividends
1Q-end2Q-endYen

Fiscal year ended Mar. 31, 2023–
Fiscal year ending Mar. 31, 2024–
Fiscal year ending Mar. 31, 2024 (forecast)
Note: Revisions to the most recently announced dividend forecast: None

Dividend per share
3Q-endYear-end

Total

Yen

Yen

Yen

Yen

26.00
36.00

–
–

44.00

70.00

54.00

90.00

3. Consolidated Earnings Forecast for the Fiscal Year Ending March 31, 2024 (April 1, 2023 –March 31, 2024)
Net sales
Millions of yen(Percentages represent year-on-year changes.)
Profit attributable to
Net income
Ordinary profit
owners of parent
per share

Operating profit%

Millions of yen%

Yen

Full year
30,0007.9
4,960 10.5
5,000 10.0
Note: Revisions to the most recently announced consolidated earnings forecast: None%

Millions of yen%

Millions of yen

3,353

2.8

179.27

* Notes(1) Changes in significant subsidiaries during the period (changes in specified subsidiaries resulting in changes inscope of consolidation): None
(2) Application of special accounting methods for presenting quarterly consolidated financial statements: None
(3) Changes in accounting policies and accounting estimates, and restatements
1) Changes in accounting policies due to revisions in accounting standards, others: None
2) Changes in accounting policies other than 1) above: None
3) Changes in accounting-based estimates: None
4) Restatements: None

(4) Number of shares issued (common shares)
1) Number of shares issued at the end of the period (including treasury shares)
As of Dec. 31, 2023:

19,098,576 shares

As of Mar. 31, 2023:

19,098,576 shares

As of Mar. 31, 2023:

391,355 shares

2) Number of treasury shares at the end of the period
As of Dec. 31, 2023:

391,392 shares

3) Average number of shares outstanding during the period
Nine months ended Dec. 31, 2023: 18,707,197 shares

Nine months ended Dec. 31, 2022:

18,860,823 shares* The current quarterly financial report is not subject to quarterly review by certified public accountants or audit firms.
* Explanation of appropriate use of earnings forecasts, and other special items
Forecasts and forward-looking statements in these materials are based on assumptions judged to be valid and information
available to the Company’s management at the time the materials were prepared. These materials are not promises by theCompany regarding future performance. Actual results may differ significantly from these forecasts for a number of reasons. For
discussion of the assumptions and other factors considered by the Company in preparing the above projections, please refer topage 4 of the Attachments “1. Qualitative Information on Quarterly Consolidated Financial Performance, (3) Explanation ofConsolidated Earnings Forecast and Other Forward-looking Statements.”

QUICK CO., LTD. (4318) Financial Results for the Third Quarter of FY3/24

Contents of Attachments

1. Qualitative Information on Quarterly Consolidated Financial Performance ............................................... 2(1) Explanation of Results of Operations ........................................................................................................ 2(2) Explanation of Financial Position .............................................................................................................. 4(3) Explanation of Consolidated Earnings Forecast and Other Forward-looking Statements ......................... 4
2. Quarterly Consolidated Financial Statements and Notes ............................................................................ 5(1) Quarterly Consolidated Balance Sheet ...................................................................................................... 5(2) Quarterly Consolidated Statements of Income and Comprehensive Income ............................................. 7
Quarterly Consolidated Statement of Income(For the Nine-month Period) ................................................................................................................... 7
Quarterly Consolidated Statement of Comprehensive Income(For the Nine-month Period) ................................................................................................................... 8(3) Notes to Quarterly Consolidated Financial Statements ............................................................................. 9
Segment Information ................................................................................................................................. 9

1

QUICK CO., LTD. (4318) Financial Results for the Third Quarter of FY3/24

1. Qualitative Information on Quarterly Consolidated Financial Performance(1) Explanation of Results of Operations
During the first nine months of the fiscal year ending March 31, 2024 (the “period under review”), the Japanese
economy experienced a moderate recovery driven by continued pickup in consumer activities thanks to the increased
inbound demand as well as the further normalization of economic activities triggered by the lifting of movement
restrictions and entry restrictions following the reclassification of COVID -19 to a category 5 infectious disease(“Category 5”). However, problems that are hindering economic recovery remained unresolved, such as unstableinternational situations including the prolonged Ukraine crisis, the escalating tensions in the Middle East, priceincrease on the back of higher resource and raw material costs, the continued weakening tren d of the yen, andconcerns about a slowdown in overseas economies.
Although employment-related indicators in Japan are improving gradually, with the seasonally adjusted job
openings-to-applicants ratio being 1.28 and the seasonally adjusted unemployment ra te being 2.5% in November
2023, the shortage of labor in the corporate and other sectors has not yet been resolved.
Under such business environment, the QUICK Group has been working on differentiating the Group fromcompetitors and increasing customer satisfaction by helping our client companies solve their HR related problems
by developing new markets and strengthening coordination between the group companies as well as further
expanding the existing businesses. The Group is also strengthening its business base by investing in human resources.
As a result, for the period under review, we posted net sales of 22,240 million yen (up 5.6% year-on-year), operating
profit of 4,519 million yen (up 7.5% year-on-year), ordinary profit of 4,579 million yen (up 7.6% year-on-year),and profit attributable to owners of parent of 3,130 million yen (up 3.7% year-on-year).
Note that, effective from the first quarter of the fiscal year ending March 31, 2024, the name of the reportablesegment that was previously referred to as the IT and Internet-Related Business has been changed to the HR Platform
Business to more accurately represent the nature of the business. This change is merely a change in segment nameand has no impact on segment information.
Performance of the business segments is described as follows.
(Human Resources Services Business)
1) Personnel Placement
In the personnel placement category, corporate recruiting needs continued to be robust in our focus fields ofconstruction, electronics/machinery, and automobile industries. In addition, recruiting needs for nurses andchildcare workers also remained high in medical and welfare sectors. Under these circumstances, we made continued
efforts, including developing new markets for focus job fields and areas, organ izing effective promotional activities
to attract registrants, having more meetings with our client companies and registrants who wish to change careers,and providing swift and extensive support. As a result, the personnel placement for specific fields in cluding
construction-related jobs, various types of engineering jobs, nurses, and childcare workers remained solid.
2) Temporary Staffing, Temporary-to-Permanent Staffing, and Business Contracting
In the temporary staffing, temporary-to-permanent staffing, and business contracting categories, needs for COVID19 related temporary staffing decreased due to the reclassification of COVID -19 to Category 5. Under suchcircumstances, our bolstered sales efforts to nursing-care facilities, hospitals, and other facilities paid off, which wehave been promoting since the first half, contributing to a steady expansion in the performance of temporary staffingof nurses. Revenue also increased in the temporary staffing of childcare workers amid continued robust demand for
temporary staffing needs, as our efforts to improve the accuracy of matching registrants who wish to work as atemporary staff with client facilities resulted in a steady increase in the number of temporary staff at work.
Overall, sales of the Human Resources Service Business increased 8.3% year-on-year to 15,762 million yen andoperating profit also increased 11.9% year-on-year to 4,040 million yen.
(Recruiting Business)
In the Recruiting Business, corporate recruiting needs were robust in the restaurant , hotel, service, and logistics
sectors due to the relaxation of movement restrictions as a result of the reclassification of COVID -19 to Category
5, as well as in anticipation of the busy year-end and New Year holiday season. Additionally, recruitment needs also
2

QUICK CO., LTD. (4318) Financial Results for the Third Quarter of FY3/24

remained strong in the medical and welfare sectors suffering chronic labor shortages.
Under such circumstances, the volume of our focus “Indeed” business expanded steadily. The handling of media forrecruiting new college graduates also performed steadily on the back of the increased corporate appetite to recruit
new college graduates and strengthened internship programs. On the other hand, revenue from the handling of media
for recruiting part-time and temporary staff decreased and the handling of media for recruiting full-time employees
targeting mid-career recruiting also continued to face difficult situation against a backdrop of a decline in advertising
effectiveness caused by a robust job market and resulting outflow of clients to competing med ia.
For services other than the handling of recruiting advertisement, the consulting service field such as program
development for internships and company information sessions for new graduate recruiting expanded, and theperformance of the production field such as recruitment websites, company brochure, and others also saw an
improving trend.
Overall, sales of the Recruiting Business decreased 3.6% year-on-year to 2,301 million yen and operating profit
decreased 15.7% year-on-year to 337 million yen.
(Information Publishing Business)
In the Information Publishing Business, as for the lifestyle information magazine category, the handling ofadvertisement placements for sales promotion targeting restaurants, shops, and other businesses grew solidly
following the reclassification of COVID-19 to Category 5 and a recovery in sales promotion sentiment of our clientcompanies in anticipation of the busy year-end and New Year holiday season. Furthermore, the handling ofrecruiting advertisement expanded thanks to a robust job market in the Hokuriku region and Niigata, but the handlingof housing advertisement slowed down, which leveled off the overall performance of the lifestyle information
magazine category. The performance of posting services, which distribute fl yers and other materials to eachhousehold, also remained roughly flat, as the handling of flyers for housing events, restaurants, etc. slowed down
despite the favorable performance of the handling of real estate -related flyers.
In the consulting services we operate under the “coco color.” brand, the performance of the career change domain
expanded thanks primarily to successful results of our participation in a large -scale recruiting project for the newfactory construction by manufacturers in the Hokuriku region and promotional activities to attract registrants.
Furthermore, both the housing and bridal domains also performed well, leading to an increase in revenue in all
domains. Additionally, this business category showed a healthy performance in the volu me of “Indeed,” theproduction of websites and other web-related services.
Overall, sales of the Information Publishing Business increased 7.8% year-on-year to 1,841 million yen andoperating profit also increased 170.7% year-on-year to 275 million yen.
(HR Platform Business)
In the HR Platform Business, the market for “Nihon no Jinjibu” (Japan’s Human Resources Department) related
service continued to enjoy strong demand for capital investment to improve business efficiency and promote DX,
whereby resolving issues in the HR domain, as well as sales promotion needs for services related to recruiting and
HR development. Needs to attract participants to training events and seminars related to personnel and labor issues
also continue to be high. Against this backdrop, advertising revenues from “Nihon no Jinjibu”—our portal website
for personnel and labor relations also showed an improving trend, as advertising placements by some clients, who
had curbed their promotional activities, began to recover after the s ettling down of the pandemic. Additionally, an
online HR event, “Nihon no Jinjibu HR Conference 2023 —Fall—” held in November 2023 achieved an all-timehigh in sales.
Overall, sales of the HR Platform Business decreased 27.3% year-on-year to 1,012 million yen and operating profit
decreased 20.6% year-on-year to 532 million yen.
Note that, due to the sale of all shares of Kronos Co., LTD. in October 2022, the company ’s operating results are
not included in the consolidated operating results of the QUICK Group for the period under review, resulting in adifference in the operating results for the same period a year ago. (Note that the company's operating results were
included in our operating results for the first half of the fiscal year ended March 31, 2023).

3

QUICK CO., LTD. (4318) Financial Results for the Third Quarter of FY3/24(Overseas Business)
In the U.S., recruiting needs continued to be strong in a wide range of fields, including the manufacturing industry
such as automobile-related and food manufacturers, as well as logistics and IT industries. In such a businessenvironment, revenue increased in both the personnel placement and temporary staffing businesses, as operationsof offices in Dallas, Chicago, Irvine (now Orange County), and Atlanta, which opened in January 2022, December
2022, April 2023, and September 2023, respectively, are now on track. In Mexico, as manufacturing companies
began to expand production, recruiting needs for interpreters and translators increased to respond to the growing
number of employees transferred from Japan, and efforts were also focused on introducing local human resources,
including engineers and sales personnel, resulting in significant expansion in business performance.
In the U.K., the temporary staffing business posted an increase in revenue amid brisk corporate recruiting dem and.
The personnel placement business, including international career change support (Cross Border Recruitment ®
services), continued to perform steadily, as a result of the strengthening of the sales structure, as well as a full fledged new client development in the Netherlands made by Centre People Appointments B.V., which wasestablished in April 2023 by Centre People Appointments Ltd.
In China, consultation advisory services remained resilient reflecting the provision of a wide range of informationin response to changes in various laws and regulations. The personnel and labor consulting business continued toperform steadily, thanks to strong performance in training services and personnel system design. In the meantime,
while corporate recruiting needs were limited to those who are difficult to recruit due to the severe domestic
economy, the performance of the personnel placement category showed a recovery trend as a result of a meticulous
response to client needs and consistent bolstering of sales efforts. In Vietnam, as the domestic economy recovered
moderately, our response to fill vacancies for existing clients showed steady performance. In addition, our efforts
to develop new clients, including those in the medical field and those newly entering the Vietnamese market
progressed favorably, resulting in an increase in revenue. Furthermore, in Thailand, while recruitment needs
continue to be mainly for those to fill vacancies, we worked to bolster our sales efforts, focusing on job fields withrelatively high recruitment needs and with a high number of registrants who wish to change careers, such as sales
personnel, resulting in an increase in revenues.
Overall, sales of the Overseas Business increased 31.8% year-on-year to 1,322 million yen and operating profit also
increased 47.1% year-on-year to 228 million yen.
(2) Explanation of Financial Position
Total assets at the end of the period under review increased 54 million yen from the end of the previous fiscal year
to 20,233 million yen. This was mainly the result of an increase in investment securities despite a decrease in notes
and accounts receivable-trade.
Total liabilities decreased 2,126 million yen from the end of the previous fiscal year to 4,327 million yen. This was
mainly the result of decreases in provision for bonuses and income taxes payable.
Total net assets increased 2,180 million yen from the end of the previous fiscal year to 15,905 million yen. This was
mainly the result of an increase in retained earnings due to the booking of profit attributable to owners of parent.
The shareholders’ equity ratio improved 10.6 percentage points from the end of the previous fiscal year to 78.6%.
(3) Explanation of Consolidated Earnings Forecast and Other Forward-looking Statements
At this point, there are no revisions to the full-year consolidated earnings forecast for the fiscal year ending March
31, 2024, which was announced in the “Summary of Consolidated Financial Results for the Fiscal Year Ended March
31, 2023 (Japanese GAAP)” on April 28, 2023.
An announcement will be made promptly if the review of the progress of the QUICK Group ’s operation status
requires a revision to this forecast.

4

QUICK CO., LTD. (4318) Financial Results for the Third Quarter of FY3/24

2. Quarterly Consolidated Financial Statements and Notes(1) Quarterly Consolidated Balance Sheet
FY3/23(As of Mar. 31, 2023)(Thousands of yen)
Third quarter of FY3/24(As of Dec. 31, 2023)

AssetsCurrent assets
Cash and deposits

12,275,622

12,295,369

Notes and accounts receivable-trade

2,770,678

2,174,680

546,565

397,852

Other
Allowance for doubtful accounts
Total current assets(3,231)(2,370)15,589,635

14,865,532

848,785

1,026,189

Non-current assets
Property, plant and equipment
Buildings and structures, net
Vehicles, net

8,819

14,662Tools, furniture and fixtures, net

224,845

247,030

Land

176,789

176,789

3,121

2,040

1,262,360

1,466,712

Software738,371647,627

Software in progress

148,042433,786

4,205

2,803

Leased assets, net
Total property, plant and equipment
Intangible assets

Goodwill
Other

10,646

10,646

Total intangible assets

901,265

1,094,863

Investment securities

1,212,293

1,894,370

Leasehold deposits

719,732

831,114

Deferred tax assets

446,062

33,734

Other

52,84653,289Investments and other assets

Allowance for doubtful accounts(5,026)(6,387)

Total investments and other assets

2,425,907

2,806,122

4,589,534

5,367,698

20,179,169

20,233,231

Total non-current assets
Total assets

5

QUICK CO., LTD. (4318) Financial Results for the Third Quarter of FY3/24(Thousands of yen)
Third quarter of FY3/24(As of Dec. 31, 2023)

FY3/23(As of Mar. 31, 2023)
Liabilities
Current liabilities
Accounts payable-trade672,740

489,654

Short-term borrowings

120,522

143,000

Accounts payable-other

1,304,770

1,287,312

Accrued expenses

812,050

787,215

Income taxes payable

866,202

233,823

Accrued consumption taxes

635,407443,982

1,445,434

161,970

110,828–

5,508

16,213

Provision for bonuses
Provision for bonuses for directors (and otherofficers)
Asset retirement obligations
Other
Total current liabilities

370,542

233,777

6,344,006

3,796,949

Non-current liabilities
Deferred tax liabilities

659

278,509

Retirement benefit liability–

17,213

Asset retirement obligations

107,898234,208

1,833

939

110,392

530,870

6,454,398

4,327,820

351,317351,317

Other
Total non-current liabilities
Total liabilities
Net assets
Shareholders’ equity
Share capital
Capital surplus

433,071

429,830

Retained earnings

12,503,271

14,137,518

Treasury shares(343,650)(343,736)

12,944,008

14,574,929

Valuation difference on available-for-sale securities

723,782

1,208,223

Foreign currency translation adjustment

55,750117,120

Total accumulated other comprehensive income

779,532

1,325,344

Total shareholders’ equity
Accumulated other comprehensive income

Non-controlling interests
Total net assets
Total liabilities and net assets

6

1,229

5,136

13,724,770

15,905,410

20,179,169

20,233,231

QUICK CO., LTD. (4318) Financial Results for the Third Quarter of FY3/24(2) Quarterly Consolidated Statements of Income and Comprehensive Income
Quarterly Consolidated Statement of Income(For the Nine-month Period)First nine months of FY3/23(Apr. 1, 2022–Dec. 31, 2022)
Net sales

21,052,693(Thousands of yen)First nine months of FY3/24(Apr. 1, 2023–Dec. 31, 2023)
22,240,182

Cost of sales

6,763,350

6,881,417

Gross profit

14,289,342

15,358,765

Selling, general and administrative expenses

10,083,284

10,838,886

Operating profit

4,206,058

4,519,878

1,462

1,832

Non-operating income
Interest income
Dividend income

8,453

8,352

Foreign exchange gains

24,42816,255

Book sales commission

11,244

18,106

Other

33,416

16,174

Total non-operating income

79,00560,721

Interest expenses

1,148

1,012

Commission expenses

25,00051

Information security expenses

4,144

–

Non-operating expenses

Other
Total non-operating expenses
Ordinary profit

199

193

30,493

1,257

4,254,571

4,579,342

122

850

Extraordinary income
Gain on sale of non-current assets

–

3,729

Gain on sale of shares of subsidiaries and associates

171,296–

Total extraordinary income

171,418

4,579

–

615

Gain on sale of investment securities

Extraordinary losses
Loss on retirement of non-current assets

–

4,584

Impairment losses

24,986–

Loss on store closings

25,750–Total extraordinary losses

50,737

5,199

Profit before income taxes

4,375,253

4,578,722

Income taxes-current

1,352,516

968,103

Income taxes-deferred

4,169

477,507

Total income taxes

1,356,685

1,445,611

Profit3,018,567

3,133,111

(273)

2,288

3,018,841

3,130,823

Loss on sale of investment securities

Profit (loss) attributable to non-controlling interests
Profit attributable to owners of parent

7

QUICK CO., LTD. (4318) Financial Results for the Third Quarter of FY3/24

Quarterly Consolidated Statement of Comprehensive Income(For the Nine-month Period)First nine months of FY3/23(Apr. 1, 2022–Dec. 31, 2022)
Profit(Thousands of yen)First nine months of FY3/24(Apr. 1, 2023–Dec. 31, 2023)

3,018,567

3,133,111(255,924)

484,441

Other comprehensive income
Valuation difference on available-for-sale securities
Foreign currency translation adjustment

66,69961,386(189,224)

545,828

Comprehensive income

2,829,342

3,678,940

Comprehensive income attributable to:
Owners of parent

2,829,439

3,676,635

(97)

2,305

Total other comprehensive income

Non-controlling interests

8

QUICK CO., LTD. (4318) Financial Results for the Third Quarter of FY3/24(3) Notes to Quarterly Consolidated Financial Statements
Segment Information
I. First nine months of FY3/23 (Apr. 1, 2022–Dec. 31, 2022)
1. Information pertaining to net sales and profit/loss in reportable segments and disaggregated revenue(Thousands of yen)Amount in thequarterly
Adjustment consolidated(Note 1)statement ofincome(Note 2)

Reportable Segment
Human
Resources
Services
Business
Net sales
Revenue fromcontracts with
14,559,568
customers
Other revenue–
Sales to external
14,559,568
customers
Inter-segment
sales and
4,034
transfers
Total
14,563,602

Information
Recruiting
Publishing
Business
BusinessHR
PlatformBusiness

Overseas
Business(Note 3)

2,387,946

1,707,765

1,393,990

1,003,423 21,052,693

–

–

–

2,387,946

1,707,765

1,393,990

22,611

6,771

47,7322,410,557

1,714,536

1,441,723

Total

–

21,052,693

–

–

–

1,003,423 21,052,693–

21,052,693

84,116(84,116)–

1,006,389 21,136,810(84,116)

21,052,693

–

2,966

Segment profit
3,611,271
399,713
101,641
670,115
155,562 4,938,304(732,245)
4,206,058
Notes: 1. The (732,245) thousand yen adjustment to segment profit includes elimination for inter-segment transactions of
103,623 thousand yen, and (835,868) thousand yen in company-wide costs that cannot be allocated to any specificreportable segments. Company-wide costs consist primarily of expenses related to the administration division which
are not attributable to any reportable segments, including general affairs and accounting at the Company.
2. Segment profit is adjusted with operating profit shown on the quarterly cons olidated statement of income.
3. Countries and regions included in the Overseas Business are Japan, U.S., Mexico, U.K., China, Vietnam, andThailand.

2. Information on impairment losses of non-current assets, goodwill, etc. by reportable segment(Significant impairment losses on non-current assets)
The Information Publishing Business segment reported an impairment loss of 24,986 thousand yen for the firstnine months of the fiscal year ended March 31, 2023.

9

QUICK CO., LTD. (4318) Financial Results for the Third Quarter of FY3/24

II. First nine months of FY3/24 (Apr. 1, 2023–Dec. 31, 2023)
1. Information pertaining to net sales and profit/loss in reportable segments and disaggregated revenue(Thousands of yen)Amount in thequarterly
Adjustment
consolidated(Note 1)statement ofincome(Note 2)

Reportable Segment
Human
Resources
Services
Business
Net sales
Revenue fromcontracts with
15,762,001
customers
Other revenue–
Sales to external
15,762,001
customers
Inter-segment
sales and
4,735
transfers
Total
15,766,736

Information
Recruiting
Publishing
Business
BusinessHR
PlatformBusiness

Overseas
Business(Note 3)2,301,654

1,841,365

1,012,961

1,322,200 22,240,182

–

–

–

2,301,654

1,841,365

1,012,961

23,308

11,5805,198

2,324,962

1,852,945

1,018,160

Total

–

22,240,182

–

–

–

1,322,200 22,240,182–

22,240,182

54,200(54,200)–

1,331,578 22,294,383(54,200)

22,240,182

–

9,378

Segment profit
4,040,416
337,156
275,168
532,004
228,879 5,413,625(893,746)
4,519,878
Notes: 1. The (893,746) thousand yen adjustment to segment profit includes elimination for inter-segment transactions of
148,008 thousand yen, and (1,041,754) thousand yen in company-wide costs that cannot be allocated to any specificreportable segments. Company-wide costs consist primarily of expenses related to the administration division which
are not attributable to any reportable segments, including general affairs and accounting at the Company.
2. Segment profit is adjusted with operating profit shown on the quarterly co nsolidated statement of income.
3. Countries and regions included in the Overseas Business are U.S., Mexico, U.K., Netherlands, China, Vietnam, andThailand.

2. Information on impairment losses of non-current assets, goodwill, etc. by reportable segment
Not applicable.
3. Information on changes, etc. in reportable segments(Changes in the names of reportable segments)
Effective from the first quarter of the fiscal year ending March 31, 2024, the name of the reportable segmentthat was previously referred to as the IT and Internet-Related Business has been changed to the HR Platform
Business to more accurately represent the nature of the business.
This change is merely a change in segment name and has no impact on segment information. The segment
information for the same period a year ago is also presented under the new name.

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