Briefing on Financial Resultsfor FY2013

February 10, 2014
Future Architect, Inc.
Copyright ©2014 by Future Architect, Inc. Japan

Contents

1. Earnings Results for FY2013(Yuji Higashi, Executive Senior Vice President)

2. FY2014 Forecast(Yuji Higashi, Executive Senior Vice President)

3. Outlook for and Direction to Take in
the Future(Yasufumi Kanemaru, Chairman)
Copyright ©2014 by Future Architect, Inc. Japan1. Earnings Results for FY2013(Yuji Higashi, Executive Senior Vice President)

Copyright ©2014 by Future Architect, Inc. JapanFY2013 Earnings Highlights

Future Architect, Inc. which designs management and IT.

1. Consolidated net sales hit a record high, exceeding ¥30.0 billion.
• Consolidated net sales amounted to ¥30,049 million (up 28.7% year-on-year), with Future Architect
and all subsidiaries (*see note) having posted increased sales.

• Even excluding eSPORTS, which was newly turned into a subsidiary, consolidated net sales
marked a record high.
*Note: Investment-specializing subsidiaries, etc. are not included.

2. Consolidated operating income, ordinary income and net income also hit record
highs.
• Consolidated operating income was ¥3,352 million (up 73.3% year-on-year), consolidated ordinary
income stood at ¥3,453 million (up 67.8% year-on-year) and consolidated net income came to¥2,027 million (up 73.7% year-on-year).

• Non-consolidated operating income, ordinary income and net income also marked record highs.
Simple total of operating income of subsidiaries turned positive.

3. Consolidated orders received remained substantially higher.
• Consolidated orders received were ¥24,404 million (up 12.3% year-on-year) and the consolidated
backlog amounted to ¥8,010 million (up 6.0% year-on-year), remaining at the levels seen in thelatter half of last year.

Copyright ©2014 by Future Architect, Inc. Japan-4-

FY2013 Consolidated Results

Future Architect, Inc. which designs management and IT.

FY2013Results

FY2013Plan

Compared
to plan

FY2012
Results

Year-on-yearchangeNet sales

30,04925,700+16.9%

23,353+28.7%

Operatingincome

3,352

3,200

+4.8%

1,935

+73.3%

11.2%

12.5%

(-1.3 pts.)

8.3%(+2.9 pts.)

3,454

3,250

+6.3%

2,057

+67.9%

11.5%

12.6%

(-1.1 pts.)

8.8%(+2.7 pts.)

2,027

1,800

+12.7%

1,167+73.7%

6.7%

7.0%(-0.3 pts.)

5.0%(+1.7 pts.)(Million yen)

Operating income
marginOrdinary
incomeOrdinary income
marginNet income
Net income margin

Copyright ©2014 by Future Architect, Inc. Japan-5-

FY2013 Non-consolidated Results

Future Architect, Inc. which designs management and IT.

(Million yen)

FY2013Results

FY2013 Plan

Compared
to plan

FY2012
Results

Year-on-yearchangeNet sales

18,01415,800+14.0%

14,017+28.5%

Operatingincome

3,157

3,000

+5.3%

2,011

+57.0%

Operating income
margin

17.5%

19.0%

(-1.5 pts.)

14.4%(+3.1 pts.)

Ordinary
income

3,367

3,050

+10.4%

2,130+58.1%

Ordinary income
margin

18.7%

19.3%

(-0.6 pts.)

15.2%(+3.5 pts.)

Net income

1,718

1,740

(1.2%)

1,036+65.8%

9.5%

11.0%

(-1.5 pts.)

7.4%(+2.1 pts.)

Net income
marginCopyright ©2014 by Future Architect, Inc. Japan-6-

Trends of Quarterly Consolidated Results
Future Architect, Inc. which designs management and IT.

Operating income(Million yen)

Net sales/Orders received(Million yen)

9,000

1,600

8,000

1,400

7,000

1,200

6,000

1,000

5,000

800

4,000

600

3,000
2,000

400

1,000

200

0

0
2012.1Q
2012.2Q 2012.3Q 2012.4Q 2013.1Q 2013.2Q 2013.3Q 2013.4Q
2012.1Q2012.2Q2012.3Q2012.4Q2013.1Q2013.2Q2013.3Q2013.4Q

Copyright ©2014 by Future Architect, Inc. Japan-7-

Net sales
売上高
Orders

受注高
received
Operating

営業利益
incomeTrends of Quarterly Non-consolidated Results
Future Architect, Inc. which designs management and IT.

Net sales/Orders received(Million yen)

Operating income(Million yen)

6,000

1,600
1,400

5,000

1,200
4,000

1,000

3,000

800
600

2,000

400
1,000

200

0

0
2012.1Q 2012.2Q 2012.3Q 2012.4Q 2013.1Q 2013.2Q 2013.3Q 2013.4Q
2012.1Q2012.2Q2012.3Q2012.4Q2013.1Q2013.2Q2013.3Q2013.4Q

Copyright ©2014 by Future Architect, Inc. Japan-8-

Net sales

売上高
Ordersreceived
受注高
Operating
営業利益
incomeConsolidated Balance Sheets(Million yen)

Future Architect, Inc. which designs management and IT.

End of Dec. 2013

End of Dec. 2012

Current assets

13,978

9,771+4,207

Noncurrent assets

5,246

5,058

+187

Total assets

19,225

14,830+4,394Current liabilities

4,809

2,747

+2,061

Noncurrent liabilities

1,367

316

+1,051

Total liabilities

6,177

3,063

+3,113

Total net assets

13,04767.1%

11,76678.5%+1,281(11.4 pts)

Shareholders’ equity ratio

Main changes Current assets:(Million yen)Noncurrent assets:
Current liabilities:
Noncurrent liabilities:

Copyright ©2014 by Future Architect, Inc. Japan

ChangeEnd of Dec. 2013 End of Dec. 2012

ChangeIncrease in cash anddeposits
Increase in accounts
receivable
Increase in goodwill

6,892

4,156

+2,736

4,330

3,523

+807

823

195

+628

Increase in accounts
payableIncrease in long-termloans payable

1,660

739
–

+920

-9-

1,000

+1,000Consolidated Cash Flows

Future Architect, Inc. which designs management and IT.

FY2013Results
3,427
(888)
139

FY2012
Results
727(1,157)
(919)

30

6

Increase (decrease) in cash and cash
equivalents

2,708(1,342)

Cash and cash equivalents at beginning of the period

4,184

5,526

Net increase (decrease) in cash and cash equivalents
resulting from change in scope of consolidation

–

1

6,892

4,184

(Million yen)
Net cash provided by (used in) operating activities
Net cash provided by (used in) investing activities
Net cash provided by (used in) financing activities
Effect of exchange rate changes on cash
and cash equivalents

Cash and cash equivalents at end of the period

FY2013Main changes

Operating CF:(Million yen)

Investing CF:

Financing CF:

Copyright ©2014 by Future Architect, Inc. Japan

Net income before taxes
Increase (decrease) in notes andaccounts payable-trade
Purchase of investments in
subsidiaries
Proceeds from sales of investment
securities
Proceeds from long-term loans
payable- 10 -

Change+2,699+268+1,059+23

FY2012

Change

3,519

2,047

+1,472

707

24

+682

(999)

(64)

(934)

451

–

+451

1,000

–

+1,000Consolidated Results by Segment(Million yen)

Net Sales

FY2013Results

Future Architect, Inc. which designs management and IT.

FY2012
Results

Year-on-yearchange30,04923,353+28.7%IT Consulting
Package & Service
New Media & Web Service
Corporate Revitalization
Other
Adjustments

19,707
4,577
1,977
4,559
–
(773)

14,843
4,389
283
4,439
–
(602)

+32.8%+4.3%+598.8%+2.7%––

Operating Income

3,352

1,935

+73.3%

2,959
373
(51)
46
(1)
26

1,745
279
(151)
29
(3)
36

+69.6%+33.6%–+57.0%––IT Consulting
Package & Service
New Media & Web Service
Corporate Revitalization
Other
Adjustments
Copyright ©2014 by Future Architect, Inc. Japan- 11 -

Consolidated Net Sales by Segment

Future Architect, Inc. which designs management and IT.

35,00030,000+120M+1,694M

25,000+188M

20,00015,000+4,864M

Corporate
企業活性化
Revitalization
New Media &ﾆｭｰﾒﾃﾞｨｱ＆Web Service
ｳｪﾌﾞｻｰﾋﾞｽ
Package &ﾊﾟｯｹｰｼﾞ＆ｻｰﾋﾞｽ
Service

10,0005,000

IT Consulting
ITｺﾝｻﾙﾃｨﾝｸﾞ

0
Copyright ©2014 by Future Architect, Inc. Japan

2012

2013
- 12 -

Consolidated Orders Received and Backlog by Segment
Future Architect, Inc. which designs management and IT.

Orders received(Million yen)

IT Consulting Business
Package & Service Business
New Media & Web Service
Business
Total

FY2013

FY2012Year-onyearchangeFY2013

FY2012

19,912
4,051

17,8053,631+11.8%+11.6%

6,829
1,167

6,576
971

+3.8%
+20.2%

439

290+51.4%

13

12

+8.9%

24,404

21,727+12.3%

8,010

7,560

+6.0%

Trends of backlog(excluding that in New Media & Web Service)

Trends of orders received(excluding those in New Media & Web Service)
IT Consulting

IT Consulting
Package &Service
Total

Package &Service
Total

Copyright ©2014 by Future Architect, Inc. Japan

Year-onyearchangeBacklog- 13 -

Results by Segment (IT Consulting Business)
Future Architect, Inc. which designs management and IT.

Increase in sales
 Service increased for the financial and manufacturing industries, in addition to the distribution
and service industries.
 With the launch of new large projects, the number of projects in the grand design phase(upstream consulting) expanded.
 The number of operation and maintenance (including cloud services) contracts signed following
the start of systems’ operations showed a steady increase.

Increase in profits
 Earnings improved due to increased sales at some subsidiaries, such as three companies
including NCG in Southeast Asia, and LSC.
 Quality control was strengthened, and necessary measures were implemented at an early stage
for projects for which there was concern over quality.
 With sales increasing, the consultant utilization rate rose, and selling, general & administration
expense ratio declined.
Copyright ©2014 by Future Architect, Inc. Japan- 14 -

Sales Analysis of IT Consulting Business: non-consolidated (1/2)
Future Architect, Inc. which designs management and IT.

Nonconsolidated

Trends of sales by client’s industry
Fiscal year

35.8%

46.2%

27.0%

26.8%

23.0%

17.2%

27.2%

Service

Copyright ©2014 by Future Architect, Inc. Japan

3.8%

14.2%

19.0%

30.0%

Distribution- 15 -

29.8%

Financial

Manufacturing

Million yen

Sales Analysis of IT Consulting Business: non-consolidated (2/2)
Future Architect, Inc. which designs management and IT.

Nonconsolidated

Trends of sales by phase
Fiscal year

14.9% 7.2%

65.6%

24.0% 14.2%

43.2%

33.7%

13.5%

Grand design

12.0% 0.3%

16.8%

36.3%

DesignDevelop
ment

1.8%

14.4%

2.1%

Maintenance/
operation

OthersMillion yen

Note: Since the phase classification was reviewed and the maintenance/operation and others phases were separately categorized, datafor 2012 and before are different from figures of past materials.
Copyright ©2014 by Future Architect, Inc. Japan- 16 -

Results by Segment (Package & Service Business)
Future Architect, Inc. which designs management and IT.

Sales management/ERP packages for mid-size companies and SMEs
(FutureOne)
 Sales of licenses rose thanks to an expansion in orders received, including those for ERP
projects.
 Earnings improved due to increased accuracy of estimates and enhanced quality control.
 Sales of solutions at cooperative partners also contributed to improvements in sales and profits.

Consigned development and regional businesses (Ascendia)
 Operation and maintenance services in cooperation with Future Architect expanded steadily.
 The education business for local governments increased.
 Income margin declined due to increases in recruitment and training expenses, which wereincurred to strengthen the structure, and outsourcing costs for some projects.

Copyright ©2014 by Future Architect, Inc. Japan- 17 -

Results by Segment (New Media & Web Service)
Future Architect, Inc. which designs management and IT.

Sales of sports goods and outdoor gear on EC (eSPORTS)
 Sales increased year-on-year for all months after becoming a subsidiary of Future Architect.
 Products were differentiated from those of competitors due to abundant product lines,
appropriate price setting and an easy-to-use search site.
 It won the Sports and Outdoor Category Grand Prize of Rakuten Ichiba for the fourth straightyear for excellent customer service (including decreased stock-out rate and quicker delivery
speed).

Publication of the magazine “Tokyo Calendar” and website operation(Tokyo Calendar)
 Sale volume of the magazine increased about 30% year-on-year (including projected sales
volume).
 Web service was provided in conjunction with the magazine.

Copyright ©2014 by Future Architect, Inc. Japan- 18 -

Results by Segment (Corporate Revitalization Business)
Future Architect, Inc. which designs management and IT.

Operation of the grocery supermarket “Uoei” (Uoei) Record-high sales were posted since becoming a subsidiary of Future Architect, with all stores
posting ordinary income for the full fiscal year (before allocating head-office expenses).
 The range of value-added products was widened through the improvement of product lines(including the introduction of in-store sushi kitchens, the direct purchase of materials from fishingports and the cultivation of vegetables under contract).
 The rational operation of stores was promoted by visualizing business-related figures on theintranet.

Copyright ©2014 by Future Architect, Inc. Japan- 19 -

Measures for 2013

- From reference materials for Briefing on Financial Results for FY2012 (Feb. 8, 2013) Future Architect, Inc. which designs management and IT.

• Project quality enhancement• Improvement of subsidiaries’ earnings• Faster expansion of new services

Copyright ©2014 by Future Architect, Inc. Japan- 20 -

Project quality enhancement

Future Architect, Inc. which designs management and IT.

• Renewal of quantitative quality indicators– Use of “Future NASA” (a project operation platform)– Quantitative visualization of projects’ progress and quality

Week of Apr. 29, 13

Week of Apr. 22, 13

Week of Apr. 15, 13

Week of Apr. 1, 13

Week of Mar. 25, 13

Week of Mar. 18, 13

Week of Mar. 4, 13

Week of Mar. 11, 13

Week of Feb. 25, 13

Week of Feb. 18, 13

Week of Feb. 4, 13

Week of Feb. 11, 13

Week of Jan. 28,13

Week of Jan. 21, 13

Week of Jan. 7,13

Week of Jan. 14,13

3. Progress evaluation indicator for eachprocess

Week of Dec. 31,12

2. Quality evaluation indicator for eachprocess

Defect density (cases/KLOC)

1. Results against the degree ofachievement of project’s operations
projected for the end of the first phase

Week of Apr. 8, 13

Forecast for error
detection rate

Result of error
detection rate

Copyright ©2014 by Future Architect, Inc. Japan- 21 -

Week of Apr. 15, 13

Week of Apr. 8, 13

Week of Apr. 1, 13

Week of Mar. 25, 13

Week of Mar. 18, 13

Week of Mar. 11, 13

Week of Mar. 4, 13

average error detection rate was
4.0 against the targeted rate of
3.9, indicating that tests havebeen fully conducted (allowed
value: +/-0.3).

• Measures for the faults detected
in total inspection/short scenario
are likely to be completed asplanned. (Some of the faults that
occurred around the end of April
were handled in May inaccordance with the plan.)

Week of Feb. 25, 13• At the time of completion, theWeek of Feb. 18, 13• It was confirmed that basic
operation patterns have beenachieved as planned,
centering on total
inspection/short scenario.

Number of failures(cases/person/day)Number of failuresProject quality enhancement

Future Architect, Inc. which designs management and IT.

Major actual operations in the first half of FY2013
January

Course in mobile university entrance examinations for theeducational service industry

January

EC mail order websites and logistics centers for convenience
store operators

March

Business support cloud service for regional banks

March

Business plan systems for the logistics services industry

March

Route management systems for the logistics services industry

April

Integrated master system for the food manufacturing industry

May

Financing support system for regional banks

June

General collective approval system for the food manufacturingindustry

June

Performance infrastructure system for the educational service
industry

Copyright ©2014 by Future Architect, Inc. Japan- 22 -

Project quality enhancement

Future Architect, Inc. which designs management and IT.

Major actual operations in the second half of FY2013
July

Corporate customer management system for the logistics
services industry

AugustCommon data accumulation infrastructure system for thelogistics services industry

September

Profit management system for the food manufacturingindustry

OctoberCloud service to support IT cost optimization for trust banks

October

EC backbone system for cosmetics mail-order companies

October

Rating and self-assessment cloud service for regional banks

November

System infrastructure cloud service for regional banks

NovemberContact center system for the logistics services industry

Copyright ©2014 by Future Architect, Inc. Japan- 23 -

Improvement of subsidiaries’ earnings
Future Architect, Inc. which designs management and IT.

 Net sales of subsidiaries for FY2013
14,00012,00010,000

eSP
LSC
TC
Uoei
魚栄

Up 29.6%

8,000

NCG(T)BTS
NCG(S)
アセンディアAscendia
ＦｕｔｕｒｅＯｎｅ

6,000
4,000
2,000
0
Copyright ©2014 by Future Architect, Inc. Japan

2012

2013
- 24 -

Faster expansion of new services
Future Architect, Inc. which designs management and IT.

Cloud service for financial institutions (SKYBANK) Provision of full services for business support, sales support andbusiness management
Sales promotion, sales of assets in custody, loan screening, earnings
management, risk management, etc.
 Start of system infrastructure cloudReal-time framework for Internet-based securities companies Launch of the provision of mass-transaction, high-speed processing
infrastructure
Creditrisk

Operationalrisk

Personal
IB

Integrated
DB

Office work forsales of assets
in custody

Credit rating/Self-assessment

Loans

Contract-related
office work

Solutions

IF adapter
BI

Subsystem- 25 -

II. Sales promotion
Consultation
andproposals forcorporations

Internetconnection

BPO

MobiledeviceIV. Productivity
analysis

Earnings
management

Consultation
andproposalsforindividualsABC

IF adapter
Accounting

III. Business
management
E-mail andgroupware

Copyright ©2014 by Future Architect, Inc. Japan

CollateralappraisalCore service

I. Business support
Corporate
IB

Financialanalysis

Costmanagement

Personnel
andsalaries

Accounting
softwarelinkage

Management
portal forSMEs

2. FY2014 Forecast(Yuji Higashi, Executive Senior Vice President)

Copyright ©2014 by Future Architect, Inc. Japan

Measures for 2014

Future Architect, Inc. which designs management and IT.

 Promotion of IT innovation
 Faster expansion in Asia
 Efforts for new businesses

Copyright ©2014 by Future Architect, Inc. Japan- 27 -

Measures for 2014

Future Architect, Inc. which designs management and IT.

• Promotion of IT innovation– Converting obsolete systems into advanced, real-time ones
– Leading the reform of IT organizations that remain unchanged– Leading all innovation processes for management and IT, ranging fromthe provision of solutions by industry to the reconstruction of large
systems
•
•
•
•
•
•

IT planning; Grand design
Definition of requirements; Design, Development and Testing
Transition and introduction
Operation, maintenance and improvement
Cloud service
Data center
Operation,
maintenanceandimprovement

Transition
and introduction

Design,development
and testing

Data center

Cloud service

Grand design

IT planning

Copyright ©2014 by Future Architect, Inc. Japan- 28 -

Definition ofrequirements

Measures for 2014

Future Architect, Inc. which designs management and IT.

• Faster expansion in Asia
– Contribution to IT innovation not only in Japan but also in therest of Asia
• Japan• Singapore• Malaysia• Thailand• China (Shanghai)
And to the next step …

Copyright ©2014 by Future Architect, Inc. Japan- 29 -

Mongolia

North
Korea

Japan

South
Korea
China
Pakistan

Nepal

BhutanTaiwanBurma(Myanmar)
Laos

India

VietnamThailandBangladesh

Philippines

Cambodia

Sri Lanka

BruneiMalaysia

Maldives

Singapore
Indonesia

East Timor

Measures for 2014

Future Architect, Inc. which designs management and IT.

• Efforts for new businesses– New Media & Web Service• New EC model based on new technologies• Tokyo Calendar + eSPORTS + logistics know-how• and New creation

Copyright ©2014 by Future Architect, Inc. Japan- 30 -

Consolidated Full-year Forecasts for FY2014
Future Architect, Inc. which designs management and IT.

FY2014
Forecasts
for thefirst half

(Million yen)

FY2013Results
for thefirst half

Net sales

13,545

16,200 +19.6%

30,06433,400 +11.1%

Operatingincome

1,570

1,790 +14.0%

3,352

4,000 +19.3%

+7.2%

3,453

+2.1%

2,027

Operatingincome margin

11.6%

1,697

1,820

Ordinary
income margin

12.5%

11.2%

Net income

1,037

1,060

7.7%

6.5%

Copyright ©2014 by Future Architect, Inc. Japan

FY2013Full-year
results

FY2014Full-year
forecasts

11.0%

Ordinary
incomeNet income
marginYear-onyearchange- 31 -

11.2%

11.5%

6.7%

Year-onyearchange12.0%

4,040 +17.0%
12.1%

2,280 +12.4%
6.8%

Non-consolidated Full-year Forecasts for FY2014
Future Architect, Inc. which designs management and IT.

FY2013Full-year results

FY2014Full-year forecasts

18,01419,000+5.5%

Operating income

3,157

3,650

Operating income margin

17.5%

19.2%

+15.6%Net income

1,718

2,140

9.5%

11.3%

(Million yen)

Net sales

Net income margin

Copyright ©2014 by Future Architect, Inc. Japan- 32 -

Year-on-yearchange+24.6%

Dividends

Future Architect, Inc. which designs management and IT.

• Final dividend for FY2013 was set at 8 yen per share, up from 7.5 yen a
year ago.
• For FY2014, a 25th anniversary commemorative dividend of 1 yen per
share is to be paid, in addition to an ordinary dividend of 16 yen per share(interim: 8 yen; year-end: 9 yen).

FY2012FY2013

FY2014(Actual amount paid)(Planned)(Planned)

Per share: 15 yen
Consolidated
payout ratio: 58.0%
Non-consolidated
payout ratio: 65.3%

Per share: 15.5 yen
Consolidated
payout ratio: 34.1%
Non-consolidated
payout ratio: 40.3%

Per share: 17 yen
Consolidated
payout ratio: 33.3%
Non-consolidated
payout ratio: 35.4%

Note: A 1:100 stock split of common shares was conducted with July 1, 2013 as the effective date.
The above figures were calculated on the assumption that the said stock split was executed at the
beginning of fiscal 2012.
Copyright ©2014 by Future Architect, Inc. Japan- 33 -

3. Outlook for and Direction to Take in
the Future(Yasufumi Kanemaru, Chairman)

Copyright ©2014 by Future Architect, Inc. JapanIT Consulting

Future Architect, Inc. which designs management and IT.

• In the era of management integration and M&A, “system
value” is the key to the success of a company’s management
strategy.
• With its real-time architecture as the basis, Future Architectholds large-volume transaction data and databases, and aims
to become a leading company in the highly challenging andhigh value-added market.

Copyright ©2014 by Future Architect, Inc. Japan- 35 -

CloudFuture Architect, Inc. which designs management and IT.

• SKYBANK
Strategic business cloud service for regional financial
institutions• Accounting, sales management and ERP cloud• Electronic medical record cloud (Open Dolphin)
Cloud-type

Cloud• Medical imaging cloud (Xronos)

Copyright ©2014 by Future Architect, Inc. Japan- 36 -

New Business

Future Architect, Inc. which designs management and IT.

Category-killer (specialty) service will be introduced into the Groupand fused with the next-generation platform.

Category
killerCategory
killerIT

Category
killerIT

Next-generation IT platform
Copyright ©2014 by Future Architect, Inc. Japan- 37 -

Architecture and Components
2C2E2F

Future Architect, Inc. which designs management and IT.

• From batch processing to real-timeprocessing

Easy• From centralized processing to
distributed processing

Efficient• From computer networks to the Internet

Compact• From PCs to smartphones

Competitive• From possession to utilization

Fast• From administrative work to strategicwork

Flexible• From hypothesis testing to big data
analysis

Copyright ©2014 by Future Architect, Inc. Japan- 38 -

Targets

Future Architect, Inc. which designs management and IT.

Future Architect: To double sales and the size of the corporate
structure
Packaging of services
Group companies: To achieve double-digit growth in sales
Income margin: 10%
Expansion into Asia: To add one or two subsidiaries

Copyright ©2014 by Future Architect, Inc. Japan- 39 -

Future Architect, Inc. which designs management and IT.

The summary report of operating results, supplementarymaterials, briefing materials and other various IR materials
are also available on the Company’s website.
http://www.future.co.jp/ir/
Investor Relations, Future Architect, Inc.
Tel: +81-3-5740-5724
Fax: : +81-3-5740-5820
E-mail: ir@future.co.jp
The forecasts in this material are based on currently available information; actual results may differ from such forecasts
depending on the future direction of the Japanese economy and the IT service industry. It should be noted that the Company does
not guarantee or promise the accuracy of these forecasts.
In this material, the figures in the summary report of operating results, etc. described in units of thousand yen, are stated in unitsof million yen. Hence, a disparity may be found in some of the totals and differences. For detailed figures, please refer to thesummary report of operating results.
Copyright ©2014 by Future Architect, Inc. Japan- 40 -