Supplementary Materials for the 41st Fiscal YearEnding September 30, 2022
Systemsoft Corporation
TYO: 7527

November 11, 2022

CONTENTS• FY09/2022 Annual Financial Results Summary• FY09/2022 Full Year Financial Results
Reporting by segment• Forecast for FY09/2023

Copyright©Systemsoft Corporation

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FY09/2022 Full Year Financial Results Summary

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Summary of Consolidated Financial Results for the Fiscal Year Ending September 30, 2022

Although we did not reach the plan due to the delay in development projects,
revenues stabilized

FY09/2020

FY09/2021

FY09/2022

Amount%Amount%

Amount%Net sales

2,863

100%

4,920

100%

4,704

100%

Gross profit

339

11.8%

1,301

26.4%

1,336

28.4%

SG&A expenses

590

20.6%

923

18.8%

953

20.3%

Operating income

-251

-

377

7.7%

382

8.1%

Attributable to:Shareholders of theparent company

-655

-

483

9.8%

201

4.3%

(Millions of yen)

Net income

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Net Sales Quarterly Changes (Cumulative Period)

Net sales were almost the same level as the previous year

(Millions of yen)

4,920

4,704

3,556
3,000

2,863

1,426

1,257

2,217

1,1481,080647574

1Q

2,448

2,125

1,890

3,314

2Q

3Q

FY09/2019

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4Q

1Q

2Q

3Q

FY09/2020

4Q

1Q

2Q

3Q

FY09/2021

4Q

1Q

2Q

3Q

4Q

FY09/2022

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Operating Income Quarterly Changes (Cumulative Period)

Catching up in the 4Q has resulted in profits piled up significantly

328354382

377265153
10-23-41-99-130-180

Large-scale systemmodification project
Operating income increased
in line with orders received-192-44-26-251
1Q

2Q

3Q

FY09/2019

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4Q

1Q

2Q

3Q

FY09/2020

4Q1Q

2Q

3Q

FY09/2021

4Q

1Q

2Q

3Q

4Q

FY09/2022

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Balance Sheet
Fiscal year ended
September 30,
2021

Fiscal year ended
September 30,
2022

Changes from theprevious year

4,158

3,994

-163

2,081

1,949

-131

3,308

3,230

-78

47

47

-0

Intangible fixedassets

2,458

2,411

-47

Investments andother assets

803

771

-31

(Millions of yen)

Current assets
Cash and deposits

Fixed assets
Property, plant andequipment

Main reasons for changes fromprevious year
Decrease in cash and deposits
Decrease in trade notes andaccounts receivableDecrease in goodwill,
Decrease in software assets

Current liabilities

1,103775-327

Decrease in trade notes andaccounts payable, and otheraccounts payable

Fixed liabilities

525583

57

Increase in long-term debt

5,838

5,865

27

1,663

1,706

42

Capital surplus andothers

4,149

4,226

77

Total assets

7,467

7,224-242

Net assets
Capital stock

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Increase in retained earnings

6Cash Flow

(Millions of yen)

Cash flows from operating
activities

Fiscal Year ending
September 30,2021

Fiscal Year ending
September 30,2022

Main reasons for changes fromprevious year

115

168

Decrease in trade accounts payable,increase in other accounts payable

Cash flows from investing
activities

-200

-195

Increase in purchase of investments insubsidiaries resulting in change in scopeof consolidation

Cash flows from financing
activities

228

-104

Decrease due to dividend payments

Cash and cash equivalents
at end of period

2,081

1,949

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FY09/2022 Full Year Financial Results
Reporting by segment

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About the Segment

Two pillars of business: technology business and open innovation business.
Technology
SS Cloud Series for real estate operators andResponsible for system development for major companies
and public sector

Open innovation
Creation of ecosystems through inter-company collaboration andFocus on regional revitalization and knowledge sharing% of net sales% of net sales

70.8%

29.2%

SaaS/RPASS Payments

Fabbit (DX linkage)

System Developmentand Solutions

ConsultingCopyright©Systemsoft Corporation9Services expanded over the past year

Technology

Promoting “ReTech" (Real estate x Technology)
Service lineup enhanced over the past year
Application

Contract
Complete provision of important mattersand contract documents in the cloudComplete the entire processfrom application to screening on the web

Reservation for preview

Room check

Automatic reservation of previews
24 hours a day, 365 days a year

Property Confirmation
Automated voice and chat response
to property offers

Contract

Preview

Residents'
EventsSearchapartment

Vacancy List
Real-time registration andinquiry of room availability

Automatic suggesting
Ai automatically suggests properties
that match applicant’s criteria

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Complete room checks
when moving in with a smartphone

moving in(Rush service)
Trouble-shooting of housing equipment

Leave
out

Repair Check
Repair status reports
by contractors via smartphone

PatrolImproved productivity of property, landlord
and vendor patrols

10SS Cloud Series Usage Status

Technology

Achieved one of the largest* installations in Japan through dedicatedsales activities
Number of companies using thesystem (cumulative total)

Number of locations used(cumulative total)+12,479 companies+15,221 locations
54,67938,551

50,56535,22846,071

31,45639,45826,072

1Q

2Q

3Q

4Q

1Q

2Q

3Q

The "Total number of locations used" is simply the sum of the number of locations used by the brokerage and management company for each cloud.
(For management companies, head offices, branches, sales offices, and stores are counted among those that applied.)
The "Cumulative number of companies using the service" is simply the total number of companies using the service of the brokerage and management company for each cloud.
* Based on our own research.

Copyright©Systemsoft Corporation4Q

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Efforts to Expand SS Cloud Series

Technology“SKIPS" collaboration with a total of 21 companies is expanding
Strongly promote fintech for real estate businesses(1) Application
data entry(6) Notification ofscreening results

applicantReal estate broker

Guarantee
screening, etc.

Property management company

Data authentication(2) Linkage ofapplication data

Provide tenant
application services

Result check(3) Data confirmation(5) Confirmation ofscreening results

OnlineRent guarantee company

Notification of screening results

Achievements in Collaboration (in Japanese syllabary order)•

ARK Co., Ltd. (Iwate)•

APLUS Co., Ltd. (Osaka)•alpha Co., Ltd. (Kagoshima)•

Anshin Guarantor Service Co., Ltd. (Tokyo)•

Epos Card Co., Ltd. (Tokyo)•L’s SUPPORT Co., Ltd (Tokyo)•Orico Forrent Insure Co.,Ltd. (Tokyo)•

CREDENCE CORPORATION (Tokyo)•Global Trust Networks Co., Ltd. (Tokyo)•J-LEASE Co., LTD. (Oita)•

JACCS Co.,Ltd. (Tokyo)•Zenkoku Rent Guaranty Corporation (Tokyo)•

Zenhoren Co., Ltd. (Okinawa)•

nap. Inc. (Tokyo)•

Nihon Safety Co. Ltd. (Tokyo)•

Japan Rental Apartment Guarantee Organization (Osaka)•

Hot Hosyou Inc. (Hokkaido)•

RACCOON RENT, Inc. (Tokyo)•

REST SOLUTION K.K. (Tokyo)•Casa Inc. (Tokyo)•JPMC finance Co., Ltd. (Tokyo)

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SS Payment Series Installation Status (October 2021 - September 2022)

TechnologyIn cooperation with SS Cloud Series
Developing services to further improve operational efficiency

Money transfer service“FliCO”

Direct debit service

168,607 cases

34,265 cases

Credit card
payment services

about

5.2 JPY bn

4.7 JPY bn

149,567

112.7%

110.5%

197.2%
17,374

FY09/2021

FY09/2022

No installation fee, no monthly fee,no need to open an accountSignificant reduction in transfer fees

FY09/2021

No need to confirm errors in description
and stamping
Significantly reduced fees for accounttransfers*This product is a service to introduce customers to the management company.

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FY09/2022

FY09/2021

FY09/2022

Deposits, key money, etc. related toreal estate rentals
Lump-sum payment by credit card
Services to be settled
13SS Payment Series New Service "BunChinPay”

Technology

Reducing the burden on the lessee by working with APLUS
Started upfront payment web credit service
Conventional

BunChinPay

All at once
Funds Needed

Upfront payment such as deposit, key money,etc. is a big burden
In some cases, they hesitate to sign a lease.

A total of36 charges are possible

To be able to pay in installments as needed.
Smooth lease agreements can be concluded.

“BunChinPay” is the name used by SystemSoft and SS Technologies for the "WEB Credit for lump-sum payment" service.
This service is an application for shopping credit by APLUS, and there will be screening before using this service.

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Forecast for FY09/2023

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Forecasts for the fiscal year ending September 30, 2023
System development and solutions business to remain strong
Further expand the number of SaaS installations and monetize them for the future
Solid forecast for the full year

Year ending
September 30, 2023

FY09/2022(Millions of yen)

Actualforecast

4,704

4,400

Operating income

382

310

Ordinary income

403

220

225

110

Net sales

Attributable to: Shareholders of theparent company

Net income

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FY9/2023 Key Measures

1

Strengthen SaaS business2

Expansion of SS Payment Series• Expand the number of contracts within the real estate industry• Development of new SaaS products and expansion into other industries• Improvement of product value and pursuit of service quality

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17Reference] SS Cloud Series Transaction Volume

Technology

With the increase in the series from the fiscal year ending September 30, 2022
Significant increase in transaction volume546 JPY mn

233.8
times

161 JPY mn
2 JPY mn
FY09/2021

FY09/2022

FY09/2023(Forecast)*Transaction volume does not mean sales volume.

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This document was created by the Company for the purpose of understanding the current state of Systemsoft Corporation (hereinafter referred to as the "Company"). In addition, theplans and forecasts described in this document are determined and predicted by the Company based on the information at the time of creation. Plans and prospects may change
significantly due to changes in the business environment in the future. In that event, we are not obligated to update or amend the contents of this announcement. Based on the above,
investors are requested to invest at their own risk.

Copyright©Systemsoft Corporation19