Newly Listed Company Introduction Report (Issued by The Stock Research Center)

Faber Company (220A TSE Standard)August 6, 2024

Provides web marketing tools, consulting and recruiting services
This report is an English translation of part of the report issued on August 2, 2024.
For inquiries concerning the report, please contract info@stock-r.org【220A Faber Company Sector：Information & Communication】
Fiscal YearNet sales

YoY(mn yen)(%)

OperatingprofitYoY(mn yen)(%)

Ordinary
profitYoY(mn yen)(%)

ProfitYoY(mn yen)(%)

EPSBPS

DPS(yen)

(yen)

(yen)

Sep. 2022

1,996-

310-311-

208-

86.7

575.0

0.0

Sep. 2023

2,183

9.4

308-0.6

309-0.6

214

2.9

89.3

664.3

0.0

2,260

3.5

309

0.3

281-9.1

204-4.7

83.2-0.0

Sep. 2024

fNote: Consolidated basis.Figures for the fiscal year ending September 2024 is the company's forecasts.
It conducted 1:1,500 stock split on February 21, 2024.Per share indicies are adjusted retroactively.

Provides Web Marketing Tools, Consulting and Human Resource Services
The Faber Company group comprises the company and its Vietnamese systemdevelopment subsidiary. It provides a suite of tools in the digital marketing domain to
support the increase of website traffic via search engines and boost conversions, such as
product and service purchases or requests for information materials. Additionally, it offers
services related to web marketing, including human resource placement, education andconsulting.
For fiscal year ended September 2023, digital marketing automation tools accounted for
59.3% of net sales, digital marketing resources for 35.0%, and other for 5.7%. Other sales
came from the import and sale of silver accessories via e-commerce, which was acquired
as a place for web marketing practice. However, the subsidiary in charge, E-Shop Hive,
was liquidated in February 2024 due to factors such as the deteriorating profitability ofimported products caused by the depreciated yen.

Digital Marketing Automation Tools
Digital marketing automation tools include those that support maximizing customer inflow
to websites, those that utilize heat maps to visualize website issues and maximize
conversions through UI/UX enhancements and those that use Google Maps to maximize
store customer traffic. All tools are provided as SaaS services.

Digital Marketing Resources
Digital marketing resources services include providing digital marketing human resources
to companies and solution services, where the company's employees offer consultingservices. The former accounts for about 70% of digital marketing resources net sales andthe latter for around 30%.

Newly Listed Company Introduction Report

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accessing and using the report or relying on the report concerning the distribution of the report. Final investment decisions shall be made by the investors themselves, and entire
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Newly Listed Company Introduction Report (Issued by The Stock Research Center)

Faber Company (220A TSE Standard)August 6, 2024

Financial Statements

Statement of income

Fiscal Year

Sep. 2022(mn yen)

Net sales

Six months
to Mar.2024

Sep. 2023(%)(mn yen)(%)(mn yen)

(%)

1,996

100.0

2,183

100.0

1,154

100.0

Cost of sales

597

29.9

707

32.4

361

31.3

Gross profit

1,398

70.0

1,476

67.6

793

68.7

Selling, general and administrative expenses

1,087

54.5

1,167

53.5

601

52.131015.5

308

14.1

192

16.6

Non-operating income

0-1-0-

Non-operating expenses

0-0-

3-

Ordinary profit

311

15.6

309

14.2

189

16.4

Profit before income taxes

311

15.6

309

14.2

174

15.1

Profit attributable to owners of parent

208

10.4

214

9.8

121

10.5

Operating profit

Balance sheet

Fiscal Year

Sep. 2022(mn yen)Current assets

Sep. 2023(%)(mn yen)Mar.2024(%)(mn yen)

(%)

1,763

98.2

2,040

98.2

2,122

98.3

1,563

87.1

1,808

87.0

1,880

87.1

Accounts receivable-trade1558.6

167

8.0

202

9.4

Inventories

160.924

1.2--

Cash and deposits

Non-current assets

311.7

37

1.8

37

1.7

Property, plant and equipment

30.2

30.1

30.1

Intangible assets

20.1

1

0.0

1

0.0

Investments and other assets
Total assets
Current liabilities
Accounts payable - tradeNon-current liabilities
Net assets
Owners' equity

26

1.4

32

1.5

32

1.5

1,795

100.0

2,078

100.0

2,159

100.0

415

23.1

483

23.2

443

20.5

49

2.7

65

3.1

56

2.6

0

0.0----

1,37976.8

1,594

76.7

1,716

79.5

1,379

76.8

1,594

76.7

1,716

79.5

Sep. 2022

May. 2023(mn yen)(mn yen)Six months
to Mar.2024(mn yen)

184

253

75

1

2

1

Cash flows from investing activities

-1-8

0

Cash flows from financing activities

---3

---

186

245

71

1,563

1,808

1,880

Statement of cash flows

Fiscal Year

Cash flows from operating activities
Depreciation

Dividends paid
Net increase in cash and cash equivalents
Cash and cash equivalents

Note:Consolidated
Source: Prepared by Stock Research Center based on the notifiable prospectus.

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The contents indicated in the report are based on information as of the date the report was created and are subject to change without prior notice. The Stock Research Center
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no responsibility or obligation whatsoever. The Stock Research Center assumes no responsibility for any direct or indirect loss, lost profit, damage or other results from investors
accessing and using the report or relying on the report concerning the distribution of the report. Final investment decisions shall be made by the investors themselves, and entire
responsibility for investments lies with investors that accessed the report. In addition, intellectual rights concerning the report belongs to The Stock Research Center and may
not be copied, reprinted, quoted, etc. without permission.

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