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.

May 10, 2021
To whom it may concern:
Company name: Rozetta Corp.
Representative: Junichi Goishi, Representative Director and CEO(Stock Code: 6182)
Contact: Executive Officer, General Manager of Group Administration Division
Taketo Arakawa(TEL. 03 5215 5678)(Corrections and Corrections of Numerical Data) Partial Corrections of “Consolidated Financial Results
for the Fiscal Year Ended February 28, 2021 [Japanese GAAP]

We hereby announces that there have been corrections made partly to the “Consolidated Financial
Results for the Fiscal Year Ended February 28, 2021 [Japanese GAAP]” that was disclosed on April 14,
2021.In addition, there were corrections to the numerical data, so we will transmit the revised numerical
data.

Notes

1. Reason for corrections
The consolidated financial results for the fiscal year ended February 28, 2021 on April 14, 2021
were corrected due to some errors.
For details, please refer to the “Notice Regarding Amendments to Accounting Procedures for the GU
Business and Amendments to Related Documents for the Fiscal Year Ending February 28, 2021”
released today (May 10, 2021).

2. Details of corrections

Corrections appear with an underline.
Since there are many corrections, the entire text is presented only for the corrected version.
The End.

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.

[UPDATED] Consolidated Financial Results for the Fiscal Year
Ended February 28, 2021 [Japanese GAAP]
April 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
Scheduled date of annual general shareholders meeting

May 25, 2021

Scheduled date of filing of annual securities report

May 26, 2021

TEL 03-5215-5678

Scheduled date of commencementof dividend payment

May 26, 2021

Preparation of supplementary materials for financial results: Yes
Holding of financial results briefing: Yes(Figures are rounded down to the nearest million yen)
1. Consolidated Financial Results for the Fiscal Year Ended February 28, 2021 (March 1, 2020 to February 28, 2021)(1) Consolidated Results of Operation(Percentages indicate year-on-year changes.)
Net income attributable to
Net sales
Operating income
Ordinary income
owners of parent
Millions ofMillions ofMillions ofMillions of
%
%
%
%
yen
yen
yen
yen
(33.1)(38.2)(54.4)
FY2/21
4,075
4.2
300
275
140
FY2/20
3,910
34.5
448
32.8
445
32.2
308
20.5
(Note)((31.1)%)210 Millions of yen
FY2/20306 Millions of yen(20.0%)
Comprehensive FY2/21
incomeNet income per share

FY2/21
FY2/20(Reference) Income onequity method investments

Yen
13.35
29.91
FY2/21(Reference)
Shareholders' equity

FY2/21

Yen
13.02
29.05
(0)

(2) Consolidated Financial Position
Total assets
Millions of yen
FY2/21
6,166
FY2/203,753
2,703

Net income to
Ordinary income Operating income
shareholders'
to total assets
to net assets
equity
%
%
%
6.7
5.6
7.4
22.9
13.9
11.5

Diluted net income pershare

Millions of yen

FY2/20Net assets
Millions of yen
2,790
1,504
Millions of yen－

Millions of yen

Shareholders' equity ratio
%
43.8
40.1

FY2/20

1,503

Net asset per share
Yen
253.66145.60Millions of yen(3) Consolidated Cash Flows
Cash flows from operating Cash flows from investing Cash flows from financing Cash and cash equivalent at
activities
activities
activities
the end of the year
Millions of yen
Millions of yen
Millions of yen
Millions of yen(1,919)FY2/21
1,351
1,866
2,288
(1,256)
FY2/20963
430
989
2. Dividend payment
Annual dividend per share
End of Q1

End of Q2

End of Q3

Year-end

Total

Total amount ofdividends (Total)

Yen

Yen

Yen

Yen

Yen

Millions of yen

Dividend on
Payout ratio
equity(Consolidated)(Consolidated)%%

FY2/20
FY2/21

－
－

0.00
0.00

－
－

0.00
6.00

0.00
6.00

FY2/22 (Forecast)

－

0.00

－

7.00

7.00

－
63

－
44.9
32.0

－
3.0

3. Consolidated Business Forecasts for the Fiscal Year Ending February 28, 2022 (March 1, 2021 to February 28, 2022)(Percentages indicate year-on-year changes.)
Net income attributable to Net income per
Net sales
Operating income
Ordinary income
owners of parent
shareMillions of yen
Full year% Millions of yen
20.5
610
4,910

% Millions of yen
103.0
450

%
63.3

Millions of yen
260

%
85.1

Yen
21.89

(Note) In the consolidated business forecasts and the dividend forecast for the fiscal year ending February 28, 2022, there is asignificant impact of the increase in procurement costs and the increase in the number of shares due to the exercise of the sharesubscription rights issued on July 14, 2020. For the purpose of calculating the forecast, we assume non-operating expenses of
160 million yen and an increase in the total number of shares outstanding by 1,218,800 due to the exercise of the sharesubscription rights. Please note that this calculation is based on assumptions at the time this report was prepared.
◆Consolidated Business Forecasts by Segment(Percentages indicate year-on-year changes.)
Net sales
Full year

Operating income

MT business

3,480

%
23.1

HT business

1,430

14.5

260

36.6

GU business

－

－

(350)

－

－

－

(20)

－

Other corporate expenses

Millions of yen

Millions of yen
720

%
110.0

(Note) Effective from the fiscal year ending February 28, 2022, we will integrate the current HT business and the current
crowdsourcing business to disclose as the HT business.
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 in purchasing
activities of client companies that are closely related to overseas due to COVID-19 pandemic and its secondary phenomenon.
As described in "Financial Results for the Nine-month Period (17th Fiscal Period) of the Fiscal Year Ending February 28, 2021
_P.19 (Cash Cow of the MT Business)" on January 14, 2021, we have continued to reduce selling, general and administrative
expenses to an appropriate level in light of the current order intake (20-40% increase in MT sales).
In addition, in the fiscal year ending February 28, 2022, office cancellation and decrease in depreciation of property, plant andequipment are expected, and the MT business is expected to earn around 720 million yen on an operating income basis.
For the GU business, we have assumed an operating loss of 350 million yen in the calculation of the consolidated business
forecasts. This is the amount that is calculated by converting the operating loss of 168 million yen that occurred about six months
after the commencement of the GU business in the previous fiscal year, to an amount through the entire year, and not set as abusiness forecast. This disclosure (Consolidated Financial Results for the Fiscal Year Ended February 28, 2021) was revised anddisclosed on May 10, 2021 after being disclosed on April 14, 2021. Accordingly, the policy of the GU business from the fiscal year
ended February 28, 2022 has been changed. For details, please refer to the "Notice Regarding Amendments to Accounting
Procedures for the GU Business and Related Documents for the Fiscal Year Ended February 28, 2021 Due to the Amendments"
disclosed on May 7, 2021.

* 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 "3. Consolidated Financial Statements and Major Notes, (5) Notes on Consolidated Financial
Statements (Changes in Scope of Consolidation or Scope of Equity Method Application)" on page 12 of the Appendix.
(2) Changes in accounting policies, changes in accounting estimates and restatements
1) Changes in accounting policies due to revisions of accounting standards, etc.: None
2) Changes in accounting policies due to other reasons: None
3) Changes in accounting estimates: None
4) Restatements: None
(3) Number of shares outstanding (common stock)1) Number of shares outstanding at the end of theperiod (including treasury stock)2) Treasury shares at the end of the year
3) Average number of shares outstanding during
the period

FY2/21

10,657,660 shares

FY2/2010,330,260shares

FY2/21

422

sharesFY2/20422 shares

FY2/21

10,522,454 shares

FY2/2010,309,025shares(Reference) Summary of Non-consolidated Results of Operation
1. Non-consolidated Financial Results for the Fiscal Year Ended February 28, 2021 (March 1, 2020 to February 28, 2021)(1) Non-Consolidated Results of Operation(Percentages indicate year-on-year changes.)
Net sales
Operating income
Ordinary income
Net income
Millions ofMillions ofMillions ofMillions of
%
%
%
%
yen
yen
yen
yen
FY2/21
2,772
25.1
142
(28.7)
285(64.4)
247(68.2)－－
FY2/20
2,217
66.9
200
932.5
800
780
(Note) Since the year-on-year increase (decrease) in ordinary income and net income for the fiscal year ended February 28, 2020
exceeds 1,000%, these figures are indicated as "-."In the non-consolidated results of operations, the main reasons for the changes in ordinary income and net income are as
follows.
- Non-operating income from dividends from 100% subsidiaries was 200 million yen in the fiscal year ended February 28,
2021, compared to 600 million yen in the fiscal year ended February 28, 2020.
- In the fiscal year ended February 28, 2021, non-operating expenses related to the issuance of shares and share subscription
rights were 38 million yen.
Net income per share

Diluted net income per share

Yen
23.56
75.69

FY2/21
FY2/20(2) Non-consolidated Financial Position
Total assets
Millions of yen
FY2/216,320
FY2/203,587(Reference)
Shareholders' equity

FY2/21

2,723

Yen
22.99
73.51

Net assets
Millions of yen
2,764
1,415
Milli
ons
FY2/20ofyen

Shareholders' equity ratio
%
43.1
39.5
Milli
ons
1,415
of
yen

Net asset per share
Yen
255.56137.05* This consolidated financial report is not subject to audit 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. Overview
of Results of Operation, (2) 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.
We also plan to hold a briefing for institutional investors, analysts and long-term individual shareholders on Tuesday, April 20, 2021.
Information on this briefing session is provided on our websit

Rozetta Corp. Consolidated Financial Results
for the Fiscal Year Ended February 28, 2021

○Table of Contents of the Appendix
1. Overview of Results of Operation……………………………………………………………………………………………

2(1) Overview of Results of Operation and Financial Position ………………………………………………………………

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

3

2. Basic Approach to Selection of Accounting Standards ………………………………………………………………………

3

3. Consolidated Financial Statements and Major Notes ………………………………………………………………………

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

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

6

Consolidated Statements of Income …………………………………………………………………………………

6

Consolidated Statements of Comprehensive Income ………………………………………………………………

7(3) Consolidated Statements of Changes in Shareholders' Equity ……………………………………………………………

8(4) Consolidated Statements of Cash Flows …………………………………………………………………………………

10(5) Notes on Consolidated Financial Statements ……………………………………………………………………………

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

12(Changes in Scope of Consolidation or Scope of Equity Method Application) ………………………………………

12(Changes in Presentation Methods) ……………………………………………………………………………………

12(Segment Information) …………………………………………………………………………………………………

13(Per share Information) …………………………………………………………………………………………………

16(Significant Subsequent Events) ………………………………………………………………………………………

17

- 1 -

Rozetta Corp. Consolidated Financial Results
for the Fiscal Year Ended February 28, 2021

1. Overview of Results of Operation and Financial Position(1) Overview of Results of Operation and Financial Position
1) Overview of Results of Operation for the Fiscal Year under Review
During the fiscal year under review, sales and income in the HT business decreased significantly due to the impact of COVID19 pandemic, but the MT business continued to perform strongly. As a result, net sales and operating income of the existing
business (MT business, HT business, and crowdsourcing business) excluding the new GU business that was launched in thefiscal year under review hit record highs. For the fiscal year under review, our group posted net sales of 4,075,885 thousand yen(up 4.2% year on year), operating income of 300,419 thousand yen (down 33.1% year on year; up 4.5% year on year to 469,017
thousand yen excluding the GU business), ordinary income of 275,573 thousand yen (down 38.2% year on year), and profit
attributable to owners of parent of 140,463 thousand yen (down 54.4% year on year).
The reportable segment "GU business" has been added in the current fiscal year. This is the business segment of Shin
Corporate Mission (Global Ubiquitous) to "liberate humanity from its location, time, language, and physical constraints."
The performance of each business segment is as follows:
1) MT business
As for the MT business, sales were 2,826,988 thousand yen (up 32.5% year on year), and segment income was 342,780
thousand yen (up 45.1% year on year).
2) HT business
As for the HT business, sales were 911,857 thousand yen (down 35.5% year on year), and segment income was 167,379
thousand yen (down 49.0% year on year).
3) Crowdsourcing business
As for the Crowdsourcing business, sales were 336,989 thousand yen (down 7.4% year on year), and segment income was
22,905 thousand yen (segment loss of 45,034 thousand yen in the previous fiscal year).
4) GU business
As for the GU business, sales were 50 thousand yen and segment loss was 168,598 thousand yen.
2) Overview of Financial Position for the Fiscal Year under Review(Assets)
Total assets at the end of the fiscal year under review increased by 2,412,931 thousand yen from the end of the previous fiscal
year to 6,166,837 thousand yen.
Current assets increased by 1,209,948 thousand yen from the end of the previous fiscal year to 2,854,899 thousand yen. Thiswas mainly due to an increase of 1,285,338 thousand yen in cash and deposits.
Non-current assets increased by 1,202,982 thousand yen from the end of the previous fiscal year to 3,311,938 thousand yen.
This was mainly due to an increase of 60,116 thousand yen in investment securities in the MT business, an increase of 604,216
thousand yen in investment securities in the GU business, an increase of 326,633 thousand yen in software, and an increase of
135,626 thousand yen in software in progress.
(Liabilities)
Liabilities at the end of the fiscal year under review increased by 1,126,761 thousand yen from the end of the previous fiscal
year to 3,376,594 thousand yen. This was mainly due to an increase of 606,897 thousand yen in long-term loans payable, anincrease of 176,000 thousand yen in bonds, and an increase of 175,154 thousand yen in current portion of long-term loans
payable.
(Net assets)
Net assets at the end of the fiscal year under review increased by 1,286,170 thousand yen from the end of the previous fiscal
year to 2,790,243 thousand yen. This was mainly due to a decrease of 1,000 thousand yen in capital surplus due to theacquisition of additional shares of subsidiaries, and an increase of 140,463 thousand yen in retained earnings due to therecording of 140,463 thousand yen in profit attributable to owners of parent, despite an increase of 529,945 thousand yen incapital stock and capital surplus due to the issuance of shares through a third-party allotment, and the issuance of sharesubscription rights, etc.
3) Overview of Cash Flows for the Fiscal Year under Review
Net cash provided by operating activities was 1,444,963 thousand yen, net cash used in investing activities was 2,012,776
thousand yen, and net cash provided by financing activities was 1,866,436 thousand yen. As a result, cash and cash equivalents- 2 -Rozetta Corp. Consolidated Financial Results
for the Fiscal Year Ended February 28, 2021
(hereinafter "cash") at the end of the fiscal year under review increased by 1,298,886 thousand yen from the end of theprevious fiscal year to 2,288,014 thousand yen.
(Cash flows from operating activities)
Net cash provided by operating activities was 1,351,742thousand yen. Cash inflow was mainly attributable to income before
income taxes of 234,476 thousand yen, depreciation and amortization of 591,764 thousand yen, and an increase in advances
received of 120,695 thousand yen. Cash outflow was mainly attributable to income taxes paid of 52,457 thousand yen, an
increase in notes and accounts receivable-trade of 25,243 thousand yen, and interest paid of 6,446 thousand yen.
(Cash flows from investing activities)
Net cash used in investing activities was 1,919,555 thousand yen. Cash outflow included purchase of intangible assets of
949,947 thousand yen, purchase of investment securities of 664,383 thousand yen, and purchase of investments in subsidiaries
and associates of 201,100 thousand yen.
(Cash flows from financing activities)
Net cash provided by financing activities was 1,866,436 thousand yen. Cash inflow was mainly attributable to proceeds fromlong-term debt of 1,080,000 thousand yen and proceeds from issuance of shares of 1,021,383 thousand yen. Cash outflow was
mainly attributable to repayments of long-term debt of 297,949 thousand yen.
(2) Consolidated Business Forecasts
Our two management themes for the future are:1) Service-in/UX Brush-up of the GU Business
Spur the development and service-in of the GU business, including YouConnect, Travel DX, and project OASIS. For Travel DX
and YouConnect, which have already been developed as planned, we will start service-in and perform agile brush-up of UX.
2) Expansion of cash cow in the MT businessWe will expand the cash cow of the MT business, such as the T-4OO and T-3MT, by selecting and concentrating management
resources.
We will allocate resources (streamline selling, general and administrative expenses, and optimize marketing activities) in
response to the continuous growth of 20-40% in orders received, and in the fiscal year ending February 28, 2022, we will establish
a cash cow business with an operating income of about 700 million yen per year.
The impact of COVID-19 pandemic on our business results is as follows.
In the fourth quarter in the MT business, some exhibitions were cancelled due to the reinstatement of the state of emergency
declaration in January. However, there was no significant decline as a whole, and the MT business continued to recovermoderately.
The impact of COVID-19 pandemic, which we forecast for the fiscal year ending March 31, 2020, has declined significantly,
particularly in the number of new leads acquired compared to the previous fiscal year. This was mainly due to the high ratio ofenterprises that relied on exhibitions to create leads.
Currently, more than 1,000 companies newly introduced our service per year, and the total number of companies that haveintroduced our service has exceeded 5,000.
Even among existing customers, the amount of contracts per company has increased because they have experienced value andthe number of translated words has continued to mark record highs.
In the fiscal year ended February 28, 2021, the HT business, which undertakes manual tasks, was significantly affected by
COVID-19 pandemic. However, sales of the HT business as a whole have been on a gradual recovery trend after bottoming out
in August of the previous fiscal year, and although sales in the first quarter of the fiscal year ending February 28, 2022 are
expected to remain unchanged from the same period of the previous fiscal year, sales after that period are expected to exceed
those in the same period of the previous fiscal year. In the HT business, the translation field is expected to recover strongly,
while uncertainty remains in the field of training and interpretation.
The forecasts here are based on actual results and conditions actually affected by COVID-19 pandemic as of April 14, 2021, anddo not incorporate any predictions, such as when the medical, political, or economic problems caused by COVID-19 pandemic
will subside.

2. Basic Approach to Selection of Accounting Standards
In light of the comparability of consolidated financial statements between periods and between companies, our group intends tocontinue to prepare consolidated financial statements under Japanese GAAP.
However, our policy is to appropriately consider the application of the International Financial Reporting Standards (IFRS) as
necessary in light of various circumstances and business description in Japan and overseas.

- 3 -Rozetta Corp. Consolidated Financial Results
for the Fiscal Year Ended February 28, 2021

3. Consolidated Financial Statements and Major Notes(1) 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
Building and structure
Tools, furniture and fixtures
Leased assets
Accumulated depreciation
Total property, plant and equipment
Intangible assets
Goodwill
Software
Software in progress
Leased assets
Other
Total intangible assets
Investments and other assets
Investment securities
Shares of subsidiaries and associates
Long-term loan
Deferred tax asset
Other
Allowance for doubtful accounts
Total 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
Current portion of corporate bonds
Accounts payable-other
Lease obligations
Income taxes payable
Provision for bonuses
Advances received
Other
Total current liabilities
Non-current liabilities
Corporate bonds
Long-term debt
Lease obligations
Total non-current liabilities
Total liabilities

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

2,276,395
453,091
33,679102,466(10,732)

1,644,950

2,854,899

80,646
808,768－(333,809)
555,605

80,646
833,783
86,968(569,993)
431,406

74,992738,697
574,926－446
1,389,062

52,231
1,065,330
710,552
29,846423
1,858,385

540
－
359
66,001
105,778(8,391)
164,287
2,108,955
3,753,905

664,923
200,335
62
74,96488,060(6,198)1,022,146
3,311,938
6,166,837

88,469280,000
237,655－
205,792－
34,45750,652
696,169
224,555
1,817,750

94,144
100,000
412,80944,000142,370
27,917102,227
58,223816,865
269,6072,068,165－
432,083－

176,000
1,038,980
93,4481,308,428
3,376,594

432,0832,249,833- 4 -Current fiscal year
(February 28, 2021)

Rozetta Corp. Consolidated Financial Results
for the Fiscal Year Ended February 28, 2021

(Thousands of yen)Previous fiscal year
(February 29, 2020)
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

253,565
1,232,754
18,525(861)
1,503,983
89－
1,504,072
3,753,905- 5 -Current fiscal year
(February 28, 2021)

783,511
1,761,699
158,988(861)
2,775,384
41,14645,7582,790,243
6,166,837

Rozetta Corp. Consolidated Financial Results
for the Fiscal Year Ended February 28, 2021
(2) Consolidated Statements of Income and Consolidated Statements of Comprehensive Income(Consolidated Statements of Income)(Thousands of yen)Previous fiscal year
(From March 1, 2019 toFebruary 29, 2020)
Net sales
Cost of sales
Gross profit
Selling, general and administrative expenses
Remuneration for directors
Salaries, allowances and bonuses
Advertising expenses
Provision for doubtful receivables
Provision for bonuses
Retirement benefit expenses
Other
Total selling, general and administrative expenses
Operating income
Non-operating income
Interest income
Dividends income
Subsidy income
Other
Total non-operating income
Non-operating expenses
Interest expenses
Commissions paid
Stock issuance expenses
Settlement
Foreign exchange loss
Share of loss of investments accounted for using equity
methodOther
Total non-operating expenses
Ordinary income
Special income
Income on sales of non-current assets
Gain on reversal of share subscription rights
Reversal of allowance for doubtful accounts
Total special income
Special loss
Loss on retirement of non-current assets
Impairment loss
Total special loss
Income before income taxes
Income taxes – current
Income taxes - deferred
Total income taxes
Net income
Loss attributable to non-controlling interests
Net income attributable to owners of parent- 6 -Current fiscal year
(From March 1, 2020 toFebruary 28, 2021)

3,910,479
1,362,244
2,548,234

4,075,885
1,387,704
2,688,181

155,021672,062
221,115
6,129
24,951
10,0771,010,016
2,099,374
448,860

159,800
836,516
224,277(4,339)8,121
12,433
1,150,950
2,387,762
300,419

166
19
1,425
1,194
2,805

46
17
36,896
6,363
43,324

2,084
－
－
2,400
72

6,446
8,393
38,116
－
281

－

764

1,204
5,761
445,904

14,166
68,170275,573

－
369
－
369

25
89
28
143

39,057－39,057407,215
110,260(9,204)
101,056
306,159(2,206)130
41,10941,240234,476
107,268(9,013)
98,254
136,221(4,241)

308,365

140,463

Rozetta Corp. Consolidated Financial Results
for the Fiscal Year Ended February 28, 2021
(Consolidated Statements of Comprehensive Income)(Thousands of yen)Previous fiscal year
(From March 1, 2019 toFebruary 29, 2020)
Net income
Comprehensive income
Comprehensive income (loss) attributable to:
Owners of the parent company
Non-controlling interests- 7 -Current fiscal year
(From March 1, 2020 toFebruary 28, 2021)

306,159
306,159

136,221
136,221308,365(2,206)140,463(4,241)

Rozetta Corp. Consolidated Financial Results
for the Fiscal Year Ended February 28, 2021
(3) Consolidated Statements of Changes in Shareholders' Equity
Previous fiscal year (From March 1, 2019 to February 29, 2020)(Thousands of yen)
Shareholders' equity
Common stock
Opening balance

Capital surplus

Retained earnings

250,794

1,230,983

2,771

2,771

(289,839)

Treasury stock(435)

Total shareholders'equity1,191,502

Change during the year
Issuance of new shares
Net income attributable toowners of parent

5,542
308,365

Purchase of treasury stock

308,365(426)

Purchase of investments inconsolidated subsidiaries(1,000)(426)(1,000)Net change in items otherthan shareholders' equity
Total changes of items during
the yearEnding balance

2,771

1,771

308,365(426)

312,481

253,565

1,232,754

18,525(861)

1,503,983

Share subscription
rightsOpening balance458

Non-controllinginterests

Total net assets

2,206

1,194,166

Change during the year
Issuance of new shares

5,542

Net income attributable toowners of parent

308,365

Purchase of treasury stock(426)

Purchase of investments inconsolidated subsidiaries(1,000)Net change in items otherthan shareholders' equity
Total changes of items during
the yearEnding balance(369)(2,206)(2,575)(369)(2,206)309,90689－

1,504,072- 8 -Rozetta Corp. Consolidated Financial Results
for the Fiscal Year Ended February 28, 2021
Current fiscal year (From March 1, 2020 to February 28, 2021)(Thousands of yen)
Shareholders' equity
Common stock

Opening balance

Capital surplus

Retained earnings

253,565

1,232,754

529,945529,945

18,525

Total shareholders'equityTreasury stock(861)

1,503,983

Change during the year
Issuance of new shares
Net income attributable toowners of parent

1,059,891
140,463

Purchase of investments inconsolidated subsidiaries

140,463(1,000)(1,000)Net change in items otherthan shareholders' equity
Total changes of items during
the yearEnding balance

529,945528,945

140,463－

1,199,354

783,511

1,761,699

158,988(861)

2,703,337

Share subscription
rightsOpening balance89

Non-controllinginterests

Total net assets－

1,504,072

Change during the year
Issuance of new shares

1,059,891

Net income attributable toowners of parent

140,463

Purchase of investments inconsolidated subsidiaries(1,000)Net change in items otherthan shareholders' equity
Total changes of items during
the yearEnding balance

41,05745,75886,816

41,05745,7581,286,170

41,14645,7582,790,243- 9 -Rozetta Corp. Consolidated Financial Results
for the Fiscal Year Ended February 28, 2021
(4) Consolidated Statements of Cash Flows(Thousands of yen)Previous fiscal year
(From March 1, 2019 toFebruary 29, 2020)
Cash flows from operating activities
Income before income taxes
Depreciation
Amortization of goodwill
Impairment loss
Increase (decrease) in allowance for doubtful accounts
Increase (decrease) in accrued bonuses
Interest and dividend income
Loss (gain) on equity method investments
Loss (gain) on sales of non-current assets
Loss on retirement of non-current assets
Subsidy income
Gain on reversal of share subscription rights
Reversal of allowance for doubtful accounts
Interest expenses
Stock issuance expenses
Settlement
Increase (decrease) in advances received(Increase) decrease in notes and accounts receivabletrade(Increase) decrease in inventories
Increase (decrease) in trade payables
Other
Sub-totalInterest and dividends received
Subsidy income
Interest paid
Settlement paid
Income taxes paid
Income taxes refund
Cash flows from operating activities
Cash flows from investing activities
Payments for property, plant and equipment
Payments for intangible assets
Purchase of investment securities
Purchase of investments in subsidiaries and associates
Payments for investments in capital of subsidiaries andassociates resulting in change in scope of consolidation
Payment for loans receivable
Proceeds from loans receivable
Payments into time deposits
Proceeds from withdrawal of time deposits
Payments for lease and guarantee deposits
Collection of lease and guarantee deposits
Cash flows from investing activities- 10 -

Current fiscal year
(From March 1, 2020 toFebruary 28, 2021)

407,215412,62122,011－
5,979
24,074(186)－－
39,057
－
(369)
－
2,084
－
2,400
255,859

234,476
591,764
22,76041,109(4,582)
7,571
(64)
764
(25)
130
(36,896)
(89)
(28)
6,446
38,116－
120,695(61,910)(25,243)

22,191(52,492)
78,534
1,157,070
186－(2,084)(2,400)(189,210)20
963,581(4,300)5,675
277,283
1,275,564
64
36,896(6,446)－(52,457)
98,121
1,351,742(501,647)(742,432)－－(120,529)(949,947)(664,383)(201,100)(8,436)－(3,570)
1,635(1,001)－(2,586)
1,474(1,256,563)(1,570)
1,195－
12,910(585)
4,453(1,919,555)

Rozetta Corp. Consolidated Financial Results
for the Fiscal Year Ended February 28, 2021

(Thousands of yen)Previous fiscal year
(From March 1, 2019 toFebruary 29, 2020)
Cash flows from financing activities
Net increase (decrease) in short-term borrowings
Proceeds from issuance of bonds
Proceeds from long-term debt
Repayment of long-term debt
Repayment of lease obligations
Proceeds from issuance of common stock
Proceeds from issuance of common stock upon
exercise of share subscription rights
Proceeds from issuance of share subscription rights
Purchase of investments in subsidiaries that does not
result in change in scope of consolidation
Purchase of treasury stock
Cash flows from financing activities
Effect of exchange rate change on cash and cash
equivalents
Net increase (decrease) in cash and cash equivalents
Cash and cash equivalents at beginning of the year
Cash and cash equivalents at end of the year

- 11 -

Current fiscal year
(From March 1, 2020 toFebruary 28, 2021)

280,000－
400,000(254,034)－－(180,000)
215,801
1,080,000(297,949)(11,347)
1,021,383

5,542

391

－

39,156(1,000)(1,000)(426)－

430,081

1,866,436

216

262

137,316
851,811
989,128

1,298,886
989,1282,288,014

Rozetta Corp. Consolidated Financial Results
for the Fiscal Year Ended February 28, 2021
(5) Notes on Consolidated Financial Statements(Notes on Going Concern Assumptions)Not applicable.
(Changes in Scope of Consolidation or Scope of Equity Method Application)
During the fiscal year under review, Event DX Corporation, Travel DX Corporation, MATRIX Corporation, and Signans
Inc. have been included in the scope of consolidation due to the establishment of these companies.
On the other hand, anydooR USA Inc. has been excluded from the scope of consolidation during the fiscal year under review
due to its liquidation.
In addition, p2p.inc, which was a newly contributed entity, has been included in the scope of application of the equity
method during the fiscal year under review.
(Change of Presentation Methods)(Consolidated Balance Sheets)
Investments in securities, which had been included in "Other" under "Investments and other assets" until the previous fiscal
year, is presented separately from the current fiscal year due to its materiality. To reflect this change in presentation, theconsolidated financial statements for the previous fiscal year have been reclassified.
As a result, 106,318 thousand yen that had been presented under "Other" under "Investments and other assets" in theprevious fiscal year's consolidated balance sheet has been reclassified as 540 thousand yen in "Investment securities" and105,778 thousand yen in "Other."(Consolidated Statements of Income)Retirement benefit expenses, which had been included in "Other" under "Selling, general and administrative expenses" until
the previous fiscal year, are posted separately from the fiscal year under review in order to improve clarity of presentation. To
reflect this change in presentation, the consolidated financial statements for the previous fiscal year have been reclassified.
As a result, 1,020,094 thousand yen that had been presented under "Other" under "Selling, general and administrative
expenses" in the previous fiscal year's consolidated statement of income has been reclassified as 10,077 thousand yen of"Retirement benefit expenses" and 1,010,016 thousand yen of "Other."- 12 -

Rozetta Corp. Consolidated Financial Results
for the Fiscal Year Ended February 28, 2021
(Segment Information)
1. Overview of Reportable Segments
The target segments of the Company are components of the Company for which separate financial information isavailable and which are regularly reviewed by the Board of Directors in order to determine the allocation of management
resources and evaluate business performance. Our business includes the machine translation business and the global
ubiquitous business as core business, and the translation outsourcing business and the crowdsourcing business as
peripheral business.
(1) MT business
The Machine Translation business provides machine-translation services using artificial intelligence (AI) based on
its corporate mission of "liberate Japan from linguistic impairment."
In addition, we have set the mission of "releasing humanity from the shackles of manual labor" as the second
chapter. We provide robotic process automation (RPA) that utilizes the knowledge gained from translation.
(2) HT business
The Human Translation business provides outsourced services, such as traditional human translation,interpretation, and language training.
(3) Crowdsourcing business
The crowdsourcing business provides a crowdsourcing website on which global jobs such as multilingualtranslation and field surveys can be requested.
(4) GU business
The GU business provides various services to realize "Global Ubiquitous" that refers to integration of cuttingedge technologies such as AI, AR (Augmented Reality), VR (Virtual Reality), 5G/6G/G7 (High-speed, Multiple
Connections), 4K/8K/12K (Super-Resolution), video distribution solutions, robotics, and HA (Human
Augmentation) to enable people around the world to interact, work, and enjoy their lives "with anyone anytime,
anywhere without linguistic barriers."
2. Method of calculating net sales, income (loss), assets and other items by reportable segment
The accounting methods used for the reportable segments are based on the accounting policies adopted for the
preparation of the consolidated financial statements.
Segment income is based on operating income. Intersegment sales and transfers are based on prevailing market prices.
3. Changes in reportable segments
During the fiscal year under review, Event DX Corporation, Travel DX Corporation, and MATRIX Corporation havebeen established and included in the scope of consolidation. As a result, the "GU business" has been added as a newreportable segment.
This change in reportable segments has no impact on segment information for the previous fiscal year.

- 13 -

Rozetta Corp. Consolidated Financial Results
for the Fiscal Year Ended February 28, 2021
4. Information on net sales, income (loss), assets and other items by reportable segment
Previous fiscal year (From March 1, 2019 to February 29, 2020)(Thousands of yen)
Reportable Segments
Adjustment(Note 1, 3)

Amounts on the
consolidated
financialstatements(Note 2)MT businessHT business

Crowdsourcing
business

Net sales tounaffiliated customers

2,133,879

1,412,858

363,741

3,910,479－

3,910,479

Intersegment sales ortransfer

81,013

8,337

98,755

188,107(188,107)

－

Total

2,214,893

1,421,196

462,496

4,098,586(188,107)

3,910,479

Segment income (loss)

236,291

328,040(45,034)

519,296(70,436)448,860

2,247,360

750,529

271,685

3,269,575

484,330

3,753,905

381,433

10,594

20,592412,621－412,621

749

7,786

13,47522,011－22,011

1,188,861

1,208

54,0081,244,079－

1,244,079

Total

Net sales

Segment assets
Other
Depreciation
Amortization of
goodwill
Increase in property,
plant and equipment,
and intangible assets(Note) 1. Adjustments to segment income (loss) (70,436) thousand yen include 14,879 thousand yen in eliminations of intersegment
transactions and 85,316 thousand yen in corporate expenses not attributable to reportable segments. Corporate expenses
mainly consist of expenses related to the administrative departments of the parent company that are not attributable toreportable segments.
2. Segment income (loss) is adjusted with operating income in the consolidated statements of income.
3. Adjustments to segment assets of 484,330 thousand yen are corporate assets not attributable to reportable segments. They
mainly consist of surplus operating funds (cash and deposits), deferred tax assets, and assets related to the administrative
division.

- 14 -

Rozetta Corp. Consolidated Financial Results
for the Fiscal Year Ended February 28, 2021
Current fiscal year (From March 1, 2020 to February 28, 2021)
Reportable Segments
Crowdsourcing
GU businessbusiness

Total(Thousands of yen)Amounts ontheAdjustment consolidated(Note 1, 3)
financialstatements(Note 2)MT businessHT business

2,826,988

911,857

336,98950

4,075,885－

4,075,885

34,7152,106

40,750－77,572(77,572)－

2,861,703

913,964

377,74050

4,153,458(77,572)

4,075,885

Segment income(loss)

342,780

167,379

22,905(168,598)

364,468(64,049)

300,419

Segment assets

2,594,032

574,208

333,684

1,188,513

4,690,439

1,476,398

6,166,837

557,165

8,299

25,418881

591,764－

591,764

1,498

7,786

13,475－22,760－22,76041,109－－－41,109－41,109

1,020,083

13,40831,256

5,728

1,070,476－

1,070,476

Net sales
Net sales tounaffiliatedcustomers
Intersegment sales
or transfer
Total

Other
Depreciation
Amortization of
goodwill
Impairment loss
Increase inproperty, plant andequipment, andintangible assets(Note) 1. Adjustments to segment income (loss) of (64,049) thousand yen include an elimination of intersegment transactions of
30,111 thousand yen and corporate expenses not attributable to reportable segments of (94,161) thousand yen. 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 consolidated statements of income.
3. Adjustments to segment assets of 1,457,774 thousand yen are corporate assets not attributable to reportable segments. They
mainly consist of surplus operating funds (cash and deposits), deferred tax assets, and assets related to the administrative
division.

- 15 -

Rozetta Corp. Consolidated Financial Results
for the Fiscal Year Ended February 28, 2021
(Per share Information)
Previous fiscal year
(From March 1, 2019 to February
29, 2020)

Current fiscal year
(From March 1, 2020 to February 28,
2021)

Net assets per share

145.60 yen

253.66 yen

Net income per share

29.91 yen

13.35 yen

Diluted net income per share

29.05 yen

13.02 yen

(Note) The basis for calculating net income per share and diluted net income per share is as follows.
Previous fiscal year
(From March 1, 2019 to February
29, 2020)

Current fiscal year
(From March 1, 2020 to February
28, 2021)

Net income per share
Net income attributable to owners of parent(thousands of yen)

308,365

140,463－－

308,365

140,463

10,309,025

10,522,454－－

305,188

263,020（305,188）（263,020）

Amount not attributable to commonshareholders (thousands of yen)
Net income attributable to owners of parent
related to common stock (thousands of yen)
Average number of shares of common stock
outstanding during the period (shares)

Diluted net income per share
Adjustment to net income attributable to ownersof parent(thousands of yen)
Increase in number of common shares (shares)(Share subscription rights (shares))
Outline of potential shares that had not been
included in the calculation of diluted net income

14th share subscription rights by
resolution of the Board of Directors at

per share because they had no dilutive effect－the meeting held on July 14, 2020
Number of share subscription rights:
12,188 rights(1,218,800 shares of common stock)- 16 -

Rozetta Corp. Consolidated Financial Results
for the Fiscal Year Ended February 28, 2021
(Significant Subsequent Events)(Transition to a holding company structure through a company split)
At the meeting of the Board of Directors held on January 14, 2021, in order to transition to a holding company structure,
we resolved to establish a split preparation company and transit to a holding company structure through a company split, andestablished a split preparation company (Rozetta MT Corporation) on March 1, 2021.
At the meeting of the Board of Directors held on April 14, 2021, in order to transition to a holding company structure on
September 1, 2021 (planned), we resolved to conclude an absorption-type split agreement with Rozetta MT Corp. andSignans Inc., which are our wholly owned subsidiaries, with Rozetta Corp. as the split company, Rozetta MT Corp., andSignans Inc. as the successor company, and concluded the agreement on the same date.
With regard to the transition to a holding company structure, we plan to implement the relevant proposals on the condition
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 expanded our concept and aim to realize "Global Ubiquitous" that refers tointegration of cutting-edge technologies such as AI, AR (Augmented Reality), VR (Virtual Reality), 5G/6G/G7 (High-speed,
Multiple Connections), 4K/8K/12K (Super-Resolution), video distribution solutions, robotics, and HA (Human
Augmentation) to enable people around the world to interact, work, and enjoy their lives "with anyone anytime, anywhere
without linguistic barriers."
In order for our group to further improve corporate value and achieve sustainable growth in the future, we believe that it isnecessary to reconstruct our group structure so that we can further improve management efficiency and respond flexibly tochanges in the market environment. By transition to a holding company structure, we will strengthen the planning anddrafting functions of Group management strategies. At the same time, we will establish 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 corporate value and achieve sustainable growth, and therefore we have decided to transition to a holding company
structure.
(2) Overview of the Succeeding Company<Successor company 1>
1) Company name: Rozetta MT Corporation
2) Location: 3-7-1, Jinda Jinbocho, Chioda-ku, Tokyo
3) Representative: Maro Watanabe, CEO
4) Business description: Development/management of super-high-precision AI automatic translation
5) Common stock: 50,000 thousand yen6) Date of establishment: March 1, 2021
7) Shareholding ratio: 100%
(Note) Company name is planned to be changed to Rozetta Corp. on September 1, 2021.
<Successor company 2>
1) Company name: Signans Inc.
2) Location: 6-8-1, Nishi-Shinjuku, Shinjuku-ku, Tokyo
3) Representative: Takashi Okuyama, CEO
4) Business description: Development/provision of xR system
5) Common stock: 10,000 thousand yen6) Date of establishment: November 13, 2020
7) Shareholding ratio: 100%(3) Method of transition to a holding company structure
As for the method of shifting to a holding company structure, we will establish Rozetta MT Corp. as a split preparationcompany, which is our wholly owned subsidiary, and adopt an absorption-type split, with Rozetta Corp. as the absorption
split company and Rozetta MT Corp. and Signans Inc., which is our wholly owned subsidiary, as the absorption-split
successor companies which take over the MT business.
We plan to continue to list on the stock exchange as a holding company that carries out the Group's governance functions.
- 17 -

Rozetta Corp. Consolidated Financial Results
for the Fiscal Year Ended February 28, 2021
We plan to change the corporate name from Rozetta Corp. to Global Ubiquitous, Inc. (provisional name) on September 1,
2021.
(4) Transition Schedule
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
Meeting of the Board of Directors to conclude the absorption-type split agreement: April 14, 2021
Conclusion of the absorption-type split agreement: April 14, 2021
Meeting of shareholders to approve the absorption-type split agreement: May 25, 2021 (planned)
Transition to a holding company structure: September 1, 2021 (planned)(Changes in Segments)
Previously, our group had four reportable segments: the MT business, the HT business, the Crowdsourcing business, and
the GU business. However, from the following fiscal year, we have decided to change the reportable segments to the MT
business, the HT business, and the GU business. This is because there is no longer a clear difference between crowdsourcing
and HT at present, and in light of size and growth potential, there is no longer a point to separate.
The information on net sales, income (loss), assets, liabilities and other items by reportable segment for the fiscal year
under review if the new segmentation is applied is as follows.
(Thousands of yen)
Adjustment(Note 1, 3)

Amounts on the
consolidated
financialstatements(Note 2)

4,075,885－

4,075,885－

77,572(77,572)－

1,291,704

50

4,153,458(77,572)

4,075,885

342,780

190,285(75,377)

457,689(64,049)

393,6392,594,032

907,892

1,272,412

4,774,338

1,457,774

6,232,112

557,165

33,718881

591,764－

591,764

Amortization of goodwill

1,498

21,262－

22,760－22,760

Impairment loss

41,109－－41,109－41,109

1,020,083

44,664

98,9491,163,697－

1,163,697

Reportable Segments
MT businessHT business

GU businessNet sales to unaffiliatedcustomers

2,826,988

1,248,846

50

Intersegment sales ortransfer

34,71542,857

Total

2,861,703

Total

Net sales

Segment income (loss)
Segment assets
Other
Depreciation

Increase in property,
plant and equipment, andintangible assets(Note) 1. Adjustments to segment income (loss) of (64,049) thousand yen include an elimination of intersegment transactions of
30,111 thousand yen and corporate expenses not attributable to reportable segments of (94,161) thousand yen. 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 consolidated statements of income.
3. Adjustments to segment assets of 1,457,774 thousand yen are corporate assets not attributable to reportable segments. They
mainly consist of surplus operating funds (cash and deposits), deferred tax assets, and assets related to the administrative
division.

- 18 -