DISCLAIMER: This document was prepared using our machine translation, and no manual modification has been made to thetranslated contents. This document is to be used solely as a reference and in cases where any differences occur between English
version and the original Japanese version, the Japanese version shall prevail. The consolidated financial statements in this document
are unaudited.

Consolidated Financial Results for the Third Quarter of the Fiscal Year Ending
February 28, 2021 [Japanese GAAP]
January 14, 2021
Company name

Listing Market TSE

Rozetta Corp.
Stock Code6182
URL https://www.rozetta.jp
Representative: Junichi Goishi, Representative Director and CEO
Contact: Taketo Arakawa, Executive Officer, General Manager of Group Administration Division
TEL 03-5215-5678
Scheduled date of commencement of－
Scheduled date of filing of quarterly report:
January 14, 2021
dividend payment
Preparation of supplementary materials for quarterly financial results: Yes
Holding of quarterly financial results briefing: Yes(Figures are rounded down to the nearest million yen)
1. Consolidated Financial Results for the Third Quarter of the Fiscal Year Ending February 28, 2021
(March 1, 2020 to November 30, 2020)(1) Consolidated Results of Operation (Cumulative)(Percentages indicate year-on-year changes.)
Net income attributable
Net sales
Operating income
Ordinary income
to owners of parent
Millions ofMillions ofMillions
Millions
%
%
%
%
yen
yen
of yenof yenQ3 FY2/21
3,019
2.9
294
(27.3)
263(34.7)
161(31.5)Q3 FY2/20
2,933
42.5
405
125.9
403
124.8
236
83.3
(Note)
Comprehensive Q3 FY2/21
161 Millions of yen ((31.1)%）Q3 FY2/20
234 Millions of yen (81.6%）
incomeNet income per share

Diluted net income per
share

Yen
15.45
22.95

Yen
15.07
22.28

Q3 FY2/21
Q3 FY2/20(2) Consolidated Financial Position

Q3 FY2/21
FY2/20(Reference)
Shareholders' equity

Total assets
Millions of yen
6,014
3,753

Q3 FY2/21

2,724

Net assets
Millions of yen
2,815
1,504

Millions of yen

Shareholders' equity ratio
%
45.3
40.1

FY2/201,503

Millions of yen(2) Dividend payment
End of Q1
Yen－－

End of Q2
Yen
0.00
0.00

Annual dividend per share
End of Q3
Yen－－

FY2/20FY2/21
FY2/21 (Forecast)(Note) Revisions to the most recently announced dividend forecast: None

Year-end
Yen
0.00
0.00

Total
Yen
0.00
0.00

3. Consolidated Business Forecasts for the Fiscal Year Ending February 28, 2021 (March 1, 2020 to February 28, 2021)(Percentages indicate year-on-year changes.)
Net sales

Operating income

Millions of yen

Millions of yen
450

%
0.0
Full year
3,910(Note) Revisions to the most recently announced business forecast: None%
0.4This business forecast is based on the assumption that the economic environment is on an extension of the current situation, as it is
impossible to predict the full-fledged recovery period for the decline in business performance and the stagnation in purchasing
activities of client companies that are closely related to overseas due to COVID-19 pandemic and its secondary phenomenon.
However, after the commencement of the Travel DX business, if the business reaches PMF (product market fit: the situation where
the product/service provided is accepted by the market as the optimal means of solving the problems of the target users), and if it isdetermined that the time of the game is over, we will concentrate our upfront investment, and therefore we reserve the possibility
that profits will be reduced only by the amount of increased expenses. In such cases, we will promptly provide concrete indicatorsthat suggest the achievement of PMF in the business.
The impact of COVID-19 pandemic on our business results is as follows.
As for the MT business during the third quarter and December, the number of orders from new customers had been recoveringmoderately, but the number of orders received per project was low due to their tight budgets and receiving large-scale orders
continued to be difficult.
Accordingly, we have worked to further promote the use of our services to existing customers, who have already experienced theeffectiveness of our services, and have implemented measures to expand orders from existing customers.
As a result, the MT business as a whole recovered to the level of orders received of 277 million yen and 296 million yen in
November and December.
However, it is impossible to predict the impact on economic activities, including the slowdown of decision-making process at eachcompany, due to the government's declaration of a state of emergency that was reinstated on January 7, 2021, and the impact on the
fourth quarter, including January 2021 and February 2021, is uncertain.
The HT business, which undertakes manual tasks, has recovered since bottoming out in August due to the establishment of
economic activities under COVID-19 pandemic and online language training. However, the recovery has leveled off sinceNovember, and a full-fledged recovery is expected to take time. The interpretation business conducted on a face-to-face and groupbasis is significantly affected by restrictions on entry and travel to overseas, and the timing of the recovery remains uncertain.
The forecasts here are based on actual results and conditions actually affected by COVID-19 pandemic as of January 14, 2021, anddo not incorporate any predictions, such as when the medical, political, or economic problems caused by COVID-19 pandemic willsubside.
*Notes(1) Changes in significant subsidiaries during the period(changes in specified subsidiaries resulting in changes in scope of consolidation): Yes
Newly consolidated: Event DX Corporation, Travel DX Corporation, and MATRIX Corporation
Excluded: (Note) For details, please refer to "2. Quarterly Consolidated Financial Statements, (3) Notes on Quarterly Consolidated
Financial Statements (Changes in Scope of Consolidation or Scope of Equity Method Application)" on page 6 of the
Appendix.
(2) Adoption of special accounting methods for presenting quarterly consolidated financial statements: Yes(Note) For details, please refer to "2. Quarterly Consolidated Financial Statements, (3) Notes on Quarterly Consolidated Financial
Statements (Application of Accounting Procedures Specific to Preparation of Quarterly Consolidated Financial Statements)" onpage 6 of the Appendix.
(3) Changes in accounting policies, changes in accounting estimates and restatements
1) Changes in accounting policies due to revision of accounting standards, etc.: None
2) Changes in accounting policies due to other reasons: None
3) Changes in accounting estimates: None
4) Restatements: None
(4) Number of shares outstanding (common stock)1) Number of shares outstanding at the endof the period (including treasury stock)

Q3 FY2/21

2) Treasury shares at the end of the year

Q3 FY2/21

3) Average number of shares outstanding

Q3 FY2/21

10,657,660
422
10,478,344

sharesFY2/20sharesFY2/20sharesQ3 FY2/20

10,330,260
422
10,302,137

sharessharessharesduring the period (cumulative)*This quarterly financial report is not subject to the quarterly review by a certified public accountant or an auditing firm.
*Explanations and other special notes concerning the appropriate use of business forecasts(Cautionary Statement with Respect to Forward-Looking Statements)
Forecasts regarding future performance in this material are based on information currently available to the Company and certain
assumptions that the Company deems to be reasonable at the time this report was prepared. The Company does not make promises
about the achievements. Actual results may differ significantly from the forecasts due to various factors. Please refer to "1. Qualitative
Information on Consolidated Financial Results (3) Consolidated Business Forecasts" on page 3 of the Appendix for the assumptions
underlying the forecasts and cautions concerning the use thereof.

(Method of Obtaining Financial Results Briefing Materials)
Supplementary materials for financial results were disclosed on the TDnet on the same date.

Rozetta Corp. Consolidated Financial Results
For the Third Quarter of the Fiscal Year Ending February 28, 2021

○ Table of Contents of the Appendix
1. Qualitative Information on Quarterly Financial Results ……………………………………………………………………

2(1) Results of Operations ……………………………………………………………………………………………………

2(2) Consolidated Financial Position …………………………………………………………………………………………

2(3) Consolidated Business Forecasts …………………………………………………………………………………………

3

2. Quarterly Consolidated Financial Statements and Major Notes ……………………………………………………………

4(1) Quarterly Consolidated Balance Sheets …………………………………………………………………………………

4(2) Quarterly Consolidated Statements of Income and Quarterly Consolidated Statements of Comprehensive Income ……

5

Quarterly Consolidated Statements of Income
For the Nine-month Period ………………………………………………………………………………………

5

Quarterly Consolidated Statements of Comprehensive Income
For the Nine-month Period ………………………………………………………………………………………

5(3) Notes on Quarterly Consolidated Financial Statements …………………………………………………………………

6(Notes on Going Concern Assumptions) ………………………………………………………………………………

6(Notes on Significant Changes in Shareholders' Equity) ………………………………………………………………

6(Changes in scope of consolidation or application of the equity method) ………………………………………………
(Application of Accounting Procedures Specific to Preparation of the Quarterly Consolidated Financial
Statements) ………………………………………………………………………………………………………………
(Segment Information) …………………………………………………………………………………………………

6(Per share Information) …………………………………………………………………………………………………

8(Significant Subsequent Events) ………………………………………………………………………………………

9

- 1 -

6
7

Rozetta Corp. Consolidated Financial Results
For the Third Quarter of the Fiscal Year Ending February 28, 2021

1. Qualitative Information on Quarterly Financial Results(1) Results of Operations
During the third quarter of the current fiscal year (March 1, 2020 to November 30, 2020), the MT business continued to perform
strongly.
As a result, our group posted net sales of 3,019,351 thousand yen (up 2.9% year on year), operating income of 294,858 thousandyen (down 27.3% year on year), ordinary income of 263,443 thousand yen (down 34.7% year on year), and profit attributable toowners of parent of 161,893 thousand yen (down 31.5% year on year) for the cumulative third quarter of the current fiscal year.
The reportable segment "GU business" has been added to the third quarter of the current fiscal year.
The performance of each business segment is as follows:
1) MT business
As for the MT business, sales were 2,122,991 thousand yen (up 39.1% year on year), and segment income was 260,025 thousandyen (up 40.0% year on year).
2) HT business
As for the HT business, sales were 678,621 thousand yen (down 38.4% year on year), and segment income was 121,682 thousandyen (down 53.9% year on year).
3) Crowdsourcing business
As for the Crowdsourcing business, sales were 217,737 thousand yen (down 28.7% year on year), and segment income was
1,524 thousand yen (segment loss of 6,511 thousand yen in the previous fiscal year).
4) GU business
As for the GU business, segment loss was 28,124 thousand yen.
(2) Financial Position(Assets)
Current assets increased by 1,255,112 thousand yen from the end of the previous fiscal year to 2,900,062 thousand yen at the endof the third quarter of the current fiscal year. This was mainly due to an increase of 1,184,788 thousand yen in cash and deposits
and an increase of 43,471 thousand yen in notes and accounts receivable-trade. Non-current assets increased by 1,005,029
thousand yen from the end of the previous fiscal year to 3,113,984 thousand yen. This was mainly due to an increase of 598,639
thousand yen in property, plant and equipment, an increase of 469,049 thousand yen in intangible assets, and an increase of
598,639 thousand yen in investments and other assets.
(Liabilities)
Current liabilities increased by 231,794 thousand yen from the end of the previous fiscal year to 2,049,544 thousand yen at theend of the third quarter of the current fiscal year. This was mainly due to an increase of 191,992 thousand yen in current portionof long-term loans payable and an increase of 121,983 thousand yen in advances received. Non-current liabilities increased by
717,011 thousand yen from the end of the previous fiscal year to 1,149,094 thousand yen. This was mainly due to an increase inlong-term debt.
(Net assets)
Net assets increased by 1,311,336 thousand yen from the end of the previous fiscal year to 2,815,408 thousand yen at the end of
the third quarter of the current fiscal year. This was mainly due to an increase of 529,945 thousand yen in common stock andcapital surplus due to the issuance of new shares through a third-party allotment, the issuance of share subscription rights, etc.,
while there was a decrease of 1,000 thousand yen in capital surplus due to the acquisition of additional shares of subsidiaries,
and an increase of 161,893 thousand yen in retained earnings.

- 2 -Rozetta Corp. Consolidated Financial Results
For the Third Quarter of the Fiscal Year Ending February 28, 2021
(3) Consolidated Business Forecasts
The business forecasts are as follows.
This business forecast is based on the assumption that the economic environment is on an extension of the current situation, as
it is impossible to predict the full-fledged recovery period for the decline in business performance and the stagnation inpurchasing activities of client companies that are closely related to overseas due to COVID-19 pandemic and its secondary
phenomenon.
■Consolidated Business Forecasts for the Fiscal Year Ending February 28, 2021: Net sales of 3,910 million yen and operating
income of 450 million yen
However, after the commencement of the Travel DX business, if the business reaches PMF (product market fit: the situation
where the product/service provided is accepted by the market as the optimal means of solving the problems of the target users),
and if it is determined that the time of the game is over, we will concentrate our upfront investment, and therefore we reserve
the possibility that profits will be reduced only by the amount of increased expenses. In such cases, we will promptly provide
concrete indicators that suggest the achievement of PMF in the business.
The impact of COVID-19 pandemic on our business results is as follows.
As for the MT business during the third quarter and December, the number of orders from new customers had been recoveringmoderately, but the number of orders received per project was low due to their tight budgets and receiving large-scale orders
continued to be difficult. Accordingly, we have worked to further promote the use of our services to existing customers, whohave already experienced the effectiveness of our services, and have implemented measures to expand orders from existingcustomers. As a result, the MT business as a whole recovered to the level of orders received of 277 million yen and 296 million
yen in November and December.
However, it is impossible to predict the impact on economic activities, including the slowdown of decision-making process ateach company, due to the government's declaration of a state of emergency that was reinstated on January 7, 2021, and theimpact on the fourth quarter, including January 2021 and February 2021, is uncertain.
The HT business, which undertakes manual tasks, has recovered since bottoming out in August due to the establishment of
economic activities under COVID-19 pandemic and online language training. However, the recovery has leveled off sinceNovember, and a full-fledged recovery is expected to take time. The interpretation business conducted on a face-to-face andgroup basis is significantly affected by restrictions on entry and travel to overseas, and the timing of the recovery remains
uncertain.
The forecasts here are based on actual results and conditions actually affected by COVID-19 pandemic as of January 14, 2021,
and do not incorporate any predictions, such as when the medical, political, or economic problems caused by COVID-19
pandemic will subside.

- 3 -Rozetta Corp. Consolidated Financial Results
For the Third Quarter of the Fiscal Year Ending February 28, 2021

2. Quarterly Consolidated Financial Statements and Major Notes(1) Quarterly Consolidated Balance Sheets(Thousands of yen)Previous fiscal year
(February 29, 2020)
AssetsCurrent assets
Cash and deposits
Notes and accounts receivable
Inventories
Other
Allowance for doubtful accounts
Total current assets
Non-current assets
Property, plant and equipment
Tools, furniture and fixtures, net
Other, net
Total property, plant and equipment
Intangible assets
Goodwill
Software
Software in progress
Other
Total intangible assets
Investments and other assets
Total non-current assets
Total assets
Liabilities
Current liabilities
Notes and accounts payable-trade
Short-term borrowings
Current portion of long-term loans payable
Income taxes payable
Provision for bonuses
Advances received
Other
Total current liabilities
Non-current liabilities
Long-term debt
Other
Total non-current liabilities
Total liabilities
Net assets
Shareholders' equity
Common stock
Capital surplus
Retained earnings
Treasury stock
Total shareholders' equity
Share subscription rights
Non-controlling interests
Total net assets
Total liabilities and net assets- 4 -Current third quarter(November 30, 2020)

991,056
427,847
29,045
210,151(13,151)
1,644,950

2,175,845
471,31930,802
232,398(10,303)2,900,062

514,666
40,939555,605

387,286
105,659
492,946

74,992738,697
574,926446
1,389,062
164,287
2,108,955
3,753,905

57,922
1,139,196
629,034
31,9591,858,112
762,926
3,113,984
6,014,047

88,469280,000
237,655
34,45750,652
696,169
430,347
1,817,750

82,076
100,000
429,647
65,411
95,550818,153458,705
2,049,544

432,083
432,0832,249,833

1,049,151
99,943
1,149,094
3,198,638

253,565
1,232,754
18,525(861)
1,503,983
89
1,504,072
3,753,905

783,511
1,761,699
180,418(861)
2,724,767
41,23549,4052,815,408
6,014,047

Rozetta Corp. Consolidated Financial Results
For the Third Quarter of the Fiscal Year Ending February 28, 2021
(2) Quarterly Consolidated Statements of Income and Quarterly Consolidated Statements of Comprehensive Income(Quarterly Consolidated Statements of Income)(For the Nine-month Period)(Thousands of yen)Previous third quarter(From March 1, 2019
to November 30, 2019)
Net sales
Cost of sales
Gross profit
Selling, general and administrative expenses
Salaries, allowances and bonuses
Provision for bonuses
Other
Total selling, general and administrative expenses
Operating income
Non-operating income
Interest income
Dividends income
Subsidy income
Difference in consumption tax
Other
Total non-operating income
Non-operating expenses
Interest expenses
Stock issuance expenses
Settlement
Foreign exchange loss
Other
Total non-operating expenses
Ordinary income
Special income
Gain on reversal of share subscription rights
Total special income
Special loss
Loss on retirement of non-current assets
Impairment loss
Total special loss
Income before income taxes
Income taxes
Net income
Income (loss) attributable to non-controlling interests
Net income attributable to owners of parent

Current third quarter(From March 1, 2020
to November 30, 2020)

2,933,317
1,016,722
1,916,595

3,019,351
991,556
2,027,794

464,518
35,4991,010,885
1,510,904
405,690594,673
31,293
1,106,969
1,732,936
294,858

170
10
1,425
－
971
2,578

27
8
22,6901,496
3,815
28,039

1,327
－
2,400
97
939
4,764
403,504

3,175
38,116－435
17,72659,453
263,443

369
369

－
－

38,487－38,487
365,386
131,129234,257(2,206)
236,463

028,96328,963
234,480
73,182
161,298(594)
161,893(Quarterly Consolidated Statements of Comprehensive Income)(For the Nine-month Period)(Thousands of yen)Previous third quarter(From March 1, 2019
to November 30, 2019)
Net income
Comprehensive income
Comprehensive income (loss) attributable to:
Owners of parent
Non-controlling interests- 5 -Current third quarter(From March 1, 2020
to November 30, 2020)

234,257
234,257

161,298
161,298

236,463(2,206)

161,893(594)

Rozetta Corp. Consolidated Financial Results
For the Third Quarter of the Fiscal Year Ending February 28, 2021
(3) Notes on Quarterly Consolidated Financial Statements(Notes on Going Concern Assumptions)Not applicable.
(Notes on Significant Changes in Shareholders' Equity)
We received the payment for a third-party allotment from CVI Investments, Inc. on July 30, 2020. As a result, common stock andcapital reserve each increased by 529,750 thousand yen in the third quarter of the current fiscal year. On the other hand, capitalsurplus decreased by 1,000 thousand yen due to the acquisition of additional shares of subsidiaries in the third quarter of thecurrent fiscal year. As a result, common stock and capital surplus were 783,511 thousand yen and 1,761,699 thousand yen at theend of the third quarter of the current fiscal year.
(Changes in scope of consolidation or application of the equity method)
Effective from the second quarter of the fiscal year, Event DX Corporation has been included in the scope of consolidation due tothe establishment of Event DX Corporation. In addition, from the third quarter of the fiscal year under review, Travel DX
Corporation, MATRIX Corporation, and Signans Inc. have been included in the scope of consolidation due to the establishmentof these companies. On the other hand, anydooR USA Inc. has been excluded from the scope of consolidation from the third
quarter of the current fiscal year due to the liquidation. In addition, from the third quarter of the fiscal year under review, p2p Co.,
Ltd., which has been a new investment, has been included in the scope of application of the equity method. Since the deemed
acquisition date is November 30, 2020, no share of profit (loss) of investments accounted for using equity method has beenrecognized.
(Application of Accounting Procedures Specific to Preparation of the Quarterly Consolidated Financial Statements)
Income taxes are calculated by multiplying the income before income taxes by the forecasted effective tax rate, which iscomputed by matching the forecasted yearly income taxes with the forecasted yearly income before taxes.

- 6 -Rozetta Corp. Consolidated Financial Results
For the Third Quarter of the Fiscal Year Ending February 28, 2021
(Segment Information)[Segment Information]
I. Previous third quarter (From March 1, 2019 to November 30, 2019)
1. Information on net sales and income (loss) by reportable segment(Thousands of yen)Amounts on the
consolidated
Adjustment
financial(Note 1)statements(Note 2)

Reportable Segments
MT businessHT business

Crowdsourcing
business

1,526,269

1,101,682

305,365

2,933,317－

2,933,317

61,9404,962

89,826

156,729(156,729)－

1,588,210

1,106,644

395,192

3,090,047(156,729)

2,933,317

185,760

263,956(6,511)

443,205(37,514)405,690

Total

Net sales
Net sales tounaffiliatedcustomers
Intersegment sales
or transfer
Total
Segment income(loss)(Note)
1. Adjustments to segment income (loss) of (37,514) thousand yen include elimination of intersegment transactions and amortizationof goodwill not attributable to reportable segments, and corporate expenses. Corporate expenses mainly consist of expenses related tothe administrative departments of the parent company that are not attributable to reportable segments.
2. Segment income (loss) is adjusted with operating income in the quarterly consolidated statements of income.
II Current third quarter (From March 1, 2020 to November 30, 2020)
1. Information on net sales and income (loss) by reportable segment
Reportable Segments
Crowdsourcing
GU businessbusiness

Total(Thousands of yen)Amounts ontheAdjustment consolidated(Note 1)
financialstatements(Note 2)MT businessHT business

2,122,991

678,621217,737－

3,019,351－

3,019,351

24,5132,106

29,179－55,799(55,799)－

2,147,504

680,728

246,917－

3,075,150(55,799)

3,019,351

260,025

121,682

1,524(28,124)

355,107(60,249)

294,858

Net sales
Net sales tounaffiliatedcustomers
Intersegment sales
or transfer
Total
Segment income(loss)(Note)
1. Adjustments to segment income (loss) of (60,249) thousand yen include elimination of intersegment transactions and corporate
expenses. Corporate expenses mainly consist of expenses related to the administrative departments of the parent company that are not
attributable to reportable segments.
2. Segment income (loss) is adjusted with operating income in the quarterly consolidated statements of income.
2. Changes in reportable segments(Changes in Reportable Segments)
During the third quarter of the fiscal year, Travel DX Corporation and MATRIX Corporation were established andincluded in the scope of consolidation. As a result, the "GU business" has been added as a new reportable segment.
In conjunction with this change, Event DX Corporation, which had been included in the "MT business," has beenchanged to the "GU business."- 7 -Rozetta Corp. Consolidated Financial Results
For the Third Quarter of the Fiscal Year Ending February 28, 2021
(Per share Information)
The basis for calculating net income per share and diluted net income per share is as follows.
Previous third quarter(From March 1, 2019
to November 30, 2019)

Current third quarter(From March 1, 2020
to November 30, 2020)

22.95 yen

15.45 yen

236,463

161,893－－

236,463

161,893

10,302,137

10,478,344

22.28 yen

15.07 yen－－313,258

263,997(1) Net income per share(Basis of calculation)
Net income attributable to owners of parent(thousands of yen)Amount not attributable to common shareholders(thousands of yen)
Net income attributable to owners of parent related tocommon stock (thousands of yen)
Average number of shares of common stock
outstanding during the period (shares)(2) Diluted net income per share(Basis of calculation)
Adjustment to net income attributable to owners ofparent (thousands of yen)
Increase in number of common shares (shares)
Outline of potential shares that had not been included in
the calculation of diluted net income per share because
they had no dilutive effect, and that had changed
significantly since the end of the previous fiscal year－

The 14th share subscription rights
by resolution of the Board of
Directors at the meeting held on
July 14, 2020
Number of share subscription
rights: 12,188 rights(1,218,800 shares of common
stock)- 8 -Rozetta Corp. Consolidated Financial Results
For the Third Quarter of the Fiscal Year Ending February 28, 2021
(Significant Subsequent Events)(Capital and Business Alliance)
At the meeting of the Board of Directors held on November 27, 2020, we resolved to enter into a capital and business alliancewith alt Inc. and concluded the capital and business alliance agreement on December 28, 2020.
(1) Purpose of the capital and business alliance
In order to realize the mission of "liberate Japan from linguistic impairment" in Chapter 1 of Rozetta's first mission since its
founding, it is not only necessary to translate documents, but also tools that automatically interpret speech and prepare minutes
in different languages are necessary. Recently, we have decided to develop and sell a higher-precision AI interpretation andminutes preparation tool that combines the AI minutes tool of alt Inc. and Rozetta's speech translation technology, in addition
to "Onyaku," a real-time speech translation tool that Rozetta has developed. In addition to the AI minutes tool, alt Inc.
develops AI clones and GPU grid computing. There is a possibility that various synergies will be generated in order to achieve"Global Ubiquitous," which is Rozetta's Shin mission.
(2) Details of the capital and business alliance1) Details of the business alliance
We will enter into a capital and business alliance to develop and sell tools that automatically and precisely interpret speeches
at remote meetings and prepare minutes using AI.
2) Details of the capital alliance
We have decided to acquire class C preferred stock to be issued under a third-party allotment on January 5, 2021 for 250,000
thousand yen. The amount per share will not be disclosed in light of the intention of the counterparty. The amount has been
determined after discussion taking into consideration the business plan, etc. The shareholding ratio after the acquisition isabout the extent that it does not fall under the category of a major shareholder.
(3) Overview of the counterparty to the capital and business alliance1) Company name: alt Inc.
2) Location: 7-15-7, Roppongi, Minato-ku, Tokyo, Japan
3) Representative: Kazutaka Yonekura, President & Chief Executive Officer
4) Business description: Development and provision of P.A.I. (Personal Artificial Intelligence) "Alt", and research anddevelopment of artificial intelligence and artificial intelligence-related technologies, and consulting, planning,development, and management of services related to it5) Common stock: 380,239 thousand yen6) Date of establishment: November 26, 2014

- 9 -Rozetta Corp. Consolidated Financial Results
For the Third Quarter of the Fiscal Year Ending February 28, 2021
(Transition to a Holding Company Structure)
At the meeting of the Board of Directors held on January 14, 2021, we resolved to, in order to transition to a holding
company structure, establish a split preparation company and transit to a holding company structure through a company
split. With regard to the transition to a holding company structure, we plan to implement the relevant agenda items on thecondition that they are approved at our annual general shareholders meeting to be held on May 25, 2021.
(1) Purpose of Transition to a Holding Company Structure
Since our founding, we have developed AI automatic translation under our corporate mission of "liberate Japan fromlinguistic impairment." At present, we have integrated cutting-edge technologies such as AI, AR (Augmented Reality), VR(Virtual Reality), 5G/6G/7G (high-speed, large-capacity, multi-simultaneous connection communication), 4K/8K/12K(super-resolution video), video distribution solutions, robotics, and HA (Human Augmentation),We aim to realize "Global
Ubiquitous," which enables people around the world to interact, work, and enjoy their lives "with anyone anytime, anywhere
without language barriers."
In order for our group to further improve its corporate value and realize sustainable growth, we believe it is necessary toreconstruct our group structure so that we can further improve management efficiency and respond flexibly to changes in themarket environment. By shifting to a holding company structure, we strengthened the planning and planning functions ofGroup management strategies, and constructed a flexible organizational structure to respond flexibly to the market
environment and expand our business through M&A. As a result, we believe that we can improve our corporate value andachieve sustainable growth, and therefore we have decided to transit to a holding company structure.
(2) Outline of the split preparation company to be established1) Company name: Rozetta MT Corporation
2) Location: 3-7-1, Kanda Jinbocho, Chiyoda-ku, Tokyo
3) Representative: Maro Watanabe, CEO
4) Business description: Development and management of super-high-precision AI automatic translation
5) Common stock: 50,000 thousand yen6) Date of establishment: March 1, 2021 (planned)
7) Shareholding ratio: Rozetta Corp. 100%
(Note) Company name is planned to be changed to Rozetta Corp. on September 1, 2021.
(3) Method of shifting to a holding company structure
As for the method of shifting to a holding company structure, we will establish a split preparation company, which is ourwholly owned subsidiary, and adopt an absorption-type split in which we take over the MT business as the absorption-type
split preparatory company and the absorption-type split successor company. We plan to continue to list our shares as aholding company that assumes the governance function of the group. We plan to change the corporate name from "Rozetta
Corp." to "Global Ubiquitous, Inc. (provisional name)" on September 1, 2021.
(4) Future plans
Meeting of the Board of Directors to approve an establishment of the split preparation company: January 14, 2021
Establishment of the split preparation company: March 1, 2021 (planned)
Meeting of the Board of Directors to conclude the absorption-type split agreement: April 14, 2021 (planned)
Conclusion of the absorption-type split agreement: April 14, 2021 (planned)
Meeting of shareholders to approve the absorption-type split agreement: May 25, 2021 (planned)
Transition to a holding company structure: September 1, 2021 (planned)- 10 -