Materials for the Briefing on the Financial
Results for the Second Quarter of FY2023

August 4, 2023
Future Corporation(Securities code: 4722, TSE Prime)
Copyright © 2023 by Future Corporation

Today’s Presenters

Yuki Shingu

Yohei Saito

Board Director in charge of IT
Consulting Business

Board Director
Chief Technology Officer

President and Chief Executive Officer,
Future Architect, Inc.

Executive Vice President,
Future Architect, Inc.

Copyright © 2023 by Future Corporation

1

Agenda

1. Topics Related to the First Half of FY2023

2. Earnings Results for the First Half of FY2023

3. Plan for FY2023

Copyright © 2023 by Future Corporation

2

1. Topics Related to the First Half of FY2023

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3

DX initiatives are gaining momentum across all industries and sectors
More and more companies are moving toward digitalization as they revamp
their supply chain and change the way their employees work

RetailWholesale

Banking

Insurance
Securities

Distribution

Real-timeArchitecture
Media

ApparelLogistics
Basic
infrastructure

Manufacturing
EnergyCopyright © 2023 by Future Corporation4

Support DX promotion of regional financial institutions and theircontribution to regional revitalization
Launch of integration test in the Next-Generation Banking System project✓ Integration test phase of Fukushima
Bank Next-Generation Banking
implementation project (full operation
planned in 2H of FY2024) launched asplanned✓ Shimane Bank project also proceedingas planned✓ Extended to SBI Group’s regional
financial institutions and FutureBANKimplementing banks

Strong profit-making
structure responsive toenvironmental change,

AI
Other
• Corporate
industries
customers• Local enterprises• Venture companies

Expansion ofbusiness sectors

sustainable local growth,
cutting-edge digital technology

Regional financial
institution

Consulting
Life plan support

Branches

Sophistication ofbank management
In-house business reform
Physical-digital convergence

Initiatives for
ESG/SDGs

Promote regional DX through Future’s banking solutions
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5

Solved industry-wide issues with logistics × IT dedicated*Draft team
Designing of supply chain-wide optimization from the shipper approach to solve issues such as the 2024
problem (a general term for problems facing the transportation industry in Japan such as a decrease in sales
and profits of transportation companies, reduced driver salaries, and higher turnover due to the regulation ofannual overtime hours to 960)

Issues(i) Creation of a structureindustry-wide instead ofindividual company basis(co-creation/sophistication)(ii) Promotion of digitalization and (iii) Logistics stagnation andlabor shortage due to work
DX in the logistics sector
style reform (labor(efficiency improvement/datasaving/sustainability)
processing)Lead customers and realize logistics DX
Company
initiatives

Active investment by “creating new things”✓ Industry’s first! FUTURE LOGI cloud-typeauto-equipment control*1 system✓Streamlined consulting: from designing concept that connect
management with logistics to launching✓Recruitment of logisticsspecialized personnel
with knowledge of industry and logistics

AI

implementing company chosen✓Installation of AI technology into
smartphones
on top of conventional AI OCR*1. Structure that connects and controls all logistics automated equipment; referred to as the Warehouse Control System (WCS)

Copyright © 2023 by Future Corporation

6

Technology-driven business reforms
Application of large language model (LLM) to actual business

Use in customer business

Vast amount of internally inactive datais organized and answered by LLM
Search AI +LLM

Question

AnswerIn-house system group

Use in system development projects

AI-based defect analysis
and auto-review ofoperational flow
adequacy

Where can I get approval to send
cheese to the United States?
According to ○○ regulations,check with ○○ for approval whensending dairy products such as
cheese to the United States.

✓ Evolution of in-house data usage frommass search to consultation✓ Conversion of unorganized data into
know-how by utilizing LLM

Systemtesting

Integration
testing

AI-based test data
generation and test caseleak detection/autocorrection

Requirement
definition

LLM

Development

Proposal of business
improvements throughAI-based business flow
analysisBasicdesignDetailed
designAI-based assurance ofconsistency and validityof design documents,
and auto-review

Futurefraqta + Generative AI✓ Evolution of engineering by combining
Futurefraqta’s performance data and knowhow with generative AI
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7

Diversified selection methods in line with the diversified*Draft
new graduate applicants
Launching of value selection according to experience/skills from FY2024 new graduate recruitment
Newly formed categories that take into account individual skills and experience

Value selection

86%
Code selection 11%
Other selection 3%

Presentation selection

Potential recruitment
For personnel who identify with Future’s culture andhave the potential to play an active role as an IT
consultant+

FY2024 new graduate recruitment(as of July 31, 2023)

Advanced recruitment
For personnel with knowledge and skills in specific areas
such as AI, data science, biotechnology, cybersecurity,
middleware development, and business

Professional recruitment

Personnel with different backgrounds
have been hired year-round via
various courses in the past

For personnel capable of bringing business ideas into
reality, including product and service creation, anddemonstrating leadership in practical work
Copyright © 2023 by Future Corporation

8

Sports event measures making full use of metaverse and AR/VR technologies
Expansion of membership management system to other industries and successful increase in net
sales and operating income (131% year on year)
Linkage of metaverse space with match venue at the2023 Paris Saint-Germain Handball Japan Tour

Virtual venue before andafter the game

Expansion of membership management/point systemwith a track record in the sports area to otherindustries
Insurance

Actual venue on the day of thegameConstruction/Forestry⚫ Stamp rally⚫ Virtual player card
⚫ NFT digital attendance
certificate⚫ AR Photo⚫ VR arena⚫ trading card

Fans can collect information in the metaverse space before
the event and acquire benefits at the match venue, whichraises their motivation to cheer and come to games

Food and Drink/RetailInsurance/FinanceYear-on-year increase in net sales and operating
income by 131% and 136%, respectively
Net sales

FY2022

FY2023Operating income

FY2022

FY2023Copyright © 2023 by Future Corporation

9

*Draft
Design studio’s participation in the Future Group
Reinforcement of future social infrastructure design capabilities and increase in added value

Borderless design
capabilities cultivatedin real space

Head office of CURIOSITY inc.
(Shibuya-ku, Tokyo)

Accomplishment of design(GINZA SIX)CURIOSITY’s area of expertise••••

Designing overseas luxury brand stores
Designing architectural interior of luxury hotels and residences
Designing large-scale commercial facilities and products
Total art direction

×

Cutting-edge
technology andconsulting capabilities✓ Contribution to the creation and provision ofwell-designed services utilizing technology
through collaboration with customers✓ Creation of high-added-value in new businesssectors such as metaverse through collaboration
with Future Group companies
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10

2. Earnings Results for the First Half of FY2023

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11

(i) Highlights of Financial Results for the First Half of FY2023
First half of
2023年12月期
Fiscal 2023
第2四半期
consolidated
連結業績
earnings

Net sales continued to be steady, operating income slightly
売上は順調に推移。成長投資(研究開発・M＆A)に係る費用発生で営業利益は微増
increased due to incurred costs related to growth investment(R&D/M&A)
28,344 百万円 ( ＋9.3% )売上高Net sales
営業利益
Operating income
経常利益
Ordinary income
Profit
当期純利益

28,344 million( (+9.3%)＋1.8%
6,324 百万円yen
6,324 million yen (+1.8%)
＋1.5%
百万円
6,526
6,526
millionyen( (+1.5%)
4,319 million
yen( (-4.4%)
△4.4%
百万円

4,319

)
)
)

Net sales progressed steadily, operating income remained flat due to incurred costs

ITコンサルティング＆
IT Consulting &ServiceBusiness
サービス事業

売上は順調に進捗。研究開発と設計の品質向上に係る費用が発生し、利益横ばい
related to R&D and design quality improvement

売上高
Net sales( ＋10.1% )24,42524,425
million百万円
yen (+10.1%)
Operating income 6,590 million 百万円
yen (-0.4%)( △0.4% )

営業利益

6,590

*Refer to Appendix-(iv)Operating income decreased due to incurred share of amortization of goodwill related

BusinessInnovation
ビジネス
Business
イノベーション事業
Inter-segment
セグメント間調整
adjustment

新規M&Aに係るのれん償却負担が発生し、減益
to the new M&A

売上高
Net sales( ＋3.2% )3,9713,971
million 百万円
yen (+3.2%)
Operating income -291 million yen(previous
fiscalyear:-206（( 前期：△206百万円） million yen)
百万円
－
)

営業利益

△ 291

*Refer to Appendix-(iv)

売上高307yen
百万円
Net sales-307△
millionOperating income 66 million66
yen百万円(previous
fiscal year: -191 ）million yen)
営業利益
（ 前期：△191百万円
Copyright © 2023 by Future Corporation

12

(ii) Changes in Net Sales, Operating Income, and Operating
Income Margin✓ Net sales increased due to steady progress of many projects from various customers and PJ that may contributeto medium- to long-term growth✓ Operating income increased slightly due to incurred costs related to R&D and design quality improvement andincreased share of amortization of goodwill from M&A

Net sales
27,79825,581

28,344(Million yen)

Operating income
7,000

6,214

Operatingincome25,940

45.0%

6,324
6,014

40.0%

6,000

22,175

23,117

5,254

35.0%

5,000

30.0%

3,746

4,000

25.0%

24.0%

3,000

20.0%

21.6%

22.3%

20.5%
15.0%

1,995
2,000

16.2%
10.0%

1,000

9.0%

5.0%

0

2020.2H

2021.1H

2021.2H

2022.1H

2022.2H

2023.1H

0.0%

2020.2H

2021.1H

2021.2H

2022.1H

2022.2H

2023.1H

Copyright © 2023 by Future Corporation

13

(iii) Year-on-year Changes in First Half of FY2023 Balance
Sheet✓ Growth-investment-related assets increased mainly due to software (next-generation banking systems,etc.) and M&A-associated goodwill posted. Accounts receivable-trade also increased with higher sales.
Cash and deposits decreased due to dividend and tax payments, in addition to growth investments(Million yen)

Balance Sheets

Total assets: 61,895 (+4,037)

Total assets: 57,857

Non-current assets

Cash and deposits

13,523
13,03024,076

Current assets
Accounts receivable-trade andcontract assets

26,652

Prepaid expenses, etc.

Liabilities

Non-current assets

Net assets

Goodwill (CURIOSITY inc.)Increase in stock price ofshares held

15,28012,183

48,372

44,827

Software

Liabilities
Net assets

22,53819,022

借１

ProfitDividend payment

貸１

End of December 2022

- 2,576

M&A, dividend/tax payments

Cash and deposits
Current assets■ Major Changes

列2

借２

貸２

End of June 2023

Valuation difference on
available-for-sale securities+ 3,097+ 1,124+ 2,273+ 3,516+ 1,505+ 1,499+ 600+ 493+ 3,545+ 4,319- 1,771+ 922

Copyright © 2023 by Future Corporation

14

(iv) Cash Flows for the First Half of FY2023✓

Operating CF saw an inflow of 1,590 million yen (4,540 million yen in the same period last year), mainly due to tax payments
and yen)(Millionincreased trade receivables. Investing CF saw an outflow of 2,410 million yen due to implementation of growth investments such as theposting of share acquisition with M&A and software. Financial CF saw an outflow of 1,980 million yen, mainly due to payment ofdividends, etc. As a result, cash and deposits decreased by 2,770 million yen compared with the previous fiscal year-end(Million yen)

Cash Flows

27,552

1,591
33- 2,412

24,776- 1,988■ Major breakdown of cash flows:

Operating CF
Profit before income taxes
Depreciation and amortization of
goodwill

:

6,526

:

601

Tax payment:- 3,426

Increase in trade receivables, etc.

:

- 2,110

Net

:

1,591

Purchase of intangible assets

:

- 898

Acquisition of shares ofsubsidiaries, etc.

:

- 1,552

Other

:

38

Net

:

- 2,412Dividend payment:- 1,771

Repayments of lease liabilities

:

- 96

Other

:

- 121

::

- 1,988

Net increase (decrease) in cash
and cash equivalents:- 2,775

Investing CF

Financing CF

Net

End ofDecember 2022

Operating CF

Investing CF

Financing CF

Other

End of June
2023

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15

(v) Earnings Results of IT Consulting & Service BusinessNet sales
FY2022 1H
22,192

Operating income(Million yen)

FY2023 1H
24,425

FY2022 1H
6,617

FY2023 1H
6,590

1

Future Architect, Inc.
Net sales

Operating income

Future Inspace, Inc.
Net sales

Operating income

FutureOne
Net sales

Operating income

YDC Corporation
Net sales

Operating income

dit Co., Ltd.
Net sales

Operating income✓ Net sales increased due to smooth progress in DX support for various customers. Operating income
progressed likewise but decreased slightly due to R&D investments, in addition to incurred costs
related to design quality improvement in certain large-scale PJs.

✓ Net sales and operating income increased due to continuous steady development of systeminfrastructure renewal and cloud migration projects of existing customers, in addition to provision ofregular maintenance and operation services.
✓ Net sales and operating income grew due to increased orders for its sales of the original InfiniOne
software package, the company’s key product, through industry-specific sales strategies, mainly in thesteel industry.
✓ Net sales and operating income grew, mainly due to increased orders from the strategic planningphase, such as grand design, and increased license sales of YDC SONAR®, in addition to the steady
new acquisition and deep cultivation of SI projects.
✓ Net sales and operating income decreased due to lower-than-expected orders for cybersecurity-related
services and product sales in large-scale projects, along with increased recruiting costs.
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16

(vi) Change in Composition of Revenue by Phase(IT Consulting & Service Business)✓ Large-scale projects moved from the design phase to the development phase with the grand designphase accumulating smoothly(Million yen)Grand design

FY2021 1H

FY2022 1H

FY2023 1H

DesignDevelopment

Maintenance and operation

3,593

2,212

6,092

3,442

3,133

(19.4%)(12.0%)(33.0%)(18.6%)(17.0%)

Product sales, etc.

18,474

4,435

4,464

7,561

3,755

1,897

(20.1%)(20.2%)(34.2%)(17.0%)(8.6%)

22,113

5,360

2,670

10,508

4,033

1,817

(22.0%)(10.9%)(43.1%)(16.5%)(7.5%)

24,391

Note 1: Total net sales consist of net sales for external customers of the IT Consulting & Service Business.
Note 2: “Product sales, etc.” consist mainly of selection, procurement, and sale of IT equipment, and sale of licenses.
Note 3: Figures for fiscal 2021 are those before the Accounting Standard for Revenue Recognition is adopted.
Copyright © 2023 by Future Corporation

17

(vii) Change in Composition of Revenue by Industry(IT Consulting & Service Business)✓ Sales in services and finance, including logistics, increased(Million yen)

FY2021 1H

FY2022 1H

FY2023 1H

Service

Distribution

Finance

Manufacturing

Product sales, etc.

5,185

3,840

3,639

2,866

2,941

(28.1%)(20.8%)(19.7%)(15.5%)(15.9%)

18,474

6,957

5,360

5,473

2,702

1,618

(31.5%)(24.2%)(24.8%)(12.2%)(7.3%)

22,113

7,993

5,381

6,071

3,009

1,934

(32.8%)(22.1%)(24.9%)(12.3%)(7.9%)

24,391

Note 1: Total net sales consist of net sales for external customers of the IT Consulting & Service Business.
Note 2: “Product sales, etc.” consist of selection, procurement, and sale of IT equipment, sale of licenses, and sales for national and regional government offices.
Note 3: Figures for fiscal 2021 are those before the Accounting Standard for Revenue Recognition is adopted.
Copyright © 2023 by Future Corporation

18

(viii) Earnings Results of Business Innovation BusinessNet sales
FY2022 1H
3,849

Operating income(Million yen)

FY2023 1H
3,971

FY2022 1H▲ 206

FY2023 1H▲ 291

1YOCABITO Co., Ltd. (formerly eSPORTS)
Net sales

Operating income

Tokyo Calendar Inc.
Net sales

Operating income

CodeCamp Co., Ltd.
Net sales

Operating income

LaiBlitz Inc.
Net sales

Operating income✓ Net sales and operating income decreased mainly due to stagnant sales in its outdoor businesscaused by a still fiercely competitive market and rising logistics costs, while training gear sales,
including private brands, remained strong.
✓ Net sales increased, but operating income fell due to incurred costs relating to the launch of its newservice Gourmet Calendar, despite a robust stream of revenue from its online services, such asmagazines, advertising, and Tokyo Calendar Date.
✓ Net sales and operating income increased due to an uptick in its corporate training business fromorders won before the previous quarter and significant cost reduction, despite lower sales to individual
customers.
✓ Net sales and operating income increased mainly due to the starting of the rollout of Fast Biz, apackaged membership management and e-commerce service for sports teams, and smartphone app
development technology to other types of industries, including restaurant and insurance.
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19

(ix) Analysis of Net Sales Increase/Decrease for the First Halfof FY2023(Million yen)

- 11

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20

(x) Analysis of Operating Income Increase/Decrease for
the First Half of FY2023(Million yen)

- 27

- 85

- 36

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21

3. Plan for FY2023

Copyright © 2023 by Future Corporation22

(i) Full-year Earnings Outlook in FY2023 Plan
✓ The full-year earnings outlook is unchanged from the initially announced value thanks to the steady
PJ progress despite slightly lower-than-planned 1H results(Million yen)

FY2023Full-yearplan

1H plan

FY2023
1H result

Difference(vs. 1H plan)

Rate ofprogress(vs. full-year
plan)

Net sales

59,50028,30028,344

+ 44

47.6%

Operatingincome13,800

6,600

6,324

(23.2%)(23.3%)(22.3%)- 27

645.8%

9,660

4,620

4,319

(16.2%)(16.3%)(15.2%)

- 301

44.7%

(Operating
income margin)

Profit attributable toowners of parent(Net income margin)

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23

(ii) Change in Net Sales and Operating Income in FY2023 Plan
(Million yen)

Operating income

Net sales

40.0%

13,80014,00 0Operatingincome59,50012,22953,73835.0%

12,00 048,69845,38944,311

10,00 0

30.0%

9,000

8,000

25.0%

6,523
6,000

22.8%

5,235

23.2%
20.0%

4,000

18.5%
15.0%

2,000

14.4%
11.8%
0

FY2019FY2020

FY2021

FY2022

FY2023 (forecast)

10.0%

FY2019FY2020

FY2021

FY2022

FY2023 (forecast)

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24

(iii) Dividends in FY2023 Plan
✓ Interim dividend was resolved to be 20 yen at the Board of Directors held on July 28. Annual dividendof 40 yen (year-end dividend of 20 yen) remains unchanged

Trends in annual dividend per share*
45.0

40.0

Dividend

120 .0 %40.0 yen

Dividend payout ratio

37.0 yen

100 .0 %

35.0

80.0%

30.0

25.5 yen
25.0

60.0%

19.5 yen

20.0 yen

20.0

46.8%
15.0

38.3%

40.0%

35.4%

35.4%

36.7%
20.0%

10.0

5.0

0.0%

FY2019FY2020

FY2021

FY2022* The Company conducted a two-for-one stock split of its common stock on January 1, 2022.
The annual dividend amount before 2021 is calculated by taking into consideration the effect of the stock split.

FY2023 (forecast)

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25

Appendix

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26

Appendix-(i) Earnings (Comparative Analysis)(Million yen)

FY2023 fullyear result

Compared with projection
Full-year planYoY change

Rate of change Results for FY2021 Rate of change

Net sales

28,34428,3000.2%

25,940

9.3%

Operatingincome

6,324

6,600

-4.2%

(22.3%)(23.3%)(24.0%)

6,214

1.8%

4,319

4,620

-6.5%

(15.2%)(16.3%)(17.4%)

4,517

-4.4%

(Operating income
margin)Profit attributable toowners of parent(Net income margin)

Copyright © 2023 by Future Corporation27

Appendix-(ii) Balance Sheet(Million yen)
Total assets
Current assets

End of Jun. 2023 End of Dec. 2022

Change61,89539,35657,857
38,835+ 4,038+ 521

24,076

26,652- 2,576

9,673

8,549

+ 1,124

700

1,000

- 300

4,907

2,634

+ 2,273

Non-current assets
Property, plant and equipment
Intangible assets (including goodwill)
Investment securities
Other non-current assets

22,538
1,096
5,694
14,356
1,392

19,022
1,078
3,659
12,856
1,429+ 3,516+ 18+ 2,035+ 1,500- 37

Total liabilities
Accounts payable – trade, Accounts
payable – other
Income taxes payable

13,523

13,030

+ 493

2,644

2,877

- 233

2,255

2,280

- 25

Deferred tax liabilities

3,138

2,682

+ 456

Other liabilities

5,486

5,191

+ 295

48,37240,28744,827
37,683+ 3,545+ 2,604

8,046

7,123

+ 923

39

21

+ 18

78.2%

77.5%

0.7%

Cash and deposits
Notes and accounts receivable-trade,and contract assets
Securities
Other current assets

Total net assets
Shareholders’ equity
Valuation difference on available-forsale securities
Other net assets

Major changes

Growth investment expenses such as M&A and software,
dividend payment
Increase in accounts receivable-trade from increased
sales
Increase in prepaid expenses and income taxes refund
receivable

Goodwill (+1,505), Software (+600)
Increase in stock price of shares held (+1,499)

Increase in deferred tax liabilities due to an increase instock price of shares held

Profit +4,319, dividend payment (-1,771), etc.
Increase in valuation difference due to an increase in stock
price of shares held

(Percentage)
Shareholders’ equity ratio

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28

Appendix-(iii) Cash Flows(Million yen)
Cash flows from operating activities

FY2023 1H
1,591
6,526

FY2022 1H
4,540
6,469

Change- 2,949
57

601
- 210

561
- 293

40
83

Changes in receivables and payables- 2,06017- 2,077

Tax payment- 3,426- 2,403- 1,023160- 2,412
- 955

189
- 997
- 877

- 29
- 1,415- 78- 142- 1,41095- 1,988- 1,771

- 814
0
694
- 1,252- 1,173672- 1,410
- 599
- 736
- 598

- 96
0
- 121
34

- 78
0
-1
34

- 18
- 120
0

- 2,775
27,552

2,324
21,430- 5,099
6,122

24,77623,754

1,022

Profit before income taxes
Depreciation and amortization of goodwill
Non-cash gains and losses other than depreciation

Other
Cash flows from investing activities
Purchase of non-current assets (tangible andintangible)
Purchase of investment securities
Purchase of shares of subsidiary’s stock
Other
Cash flows from financing activities
Dividend payment
Repayments of lease liabilities
Purchase of additional shares of subsidiary’s stock
Other
Effect of exchange rate changes on cash and cash
equivalents
Net increase (decrease) in cash and cash equivalents
Cash and cash equivalents at the beginning of theperiodCash and cash equivalents at the end of the period

Major changes
Increase in revenue due to an increase in profit
before income taxes

Increase in accounts receivable-trade fromincreased sales, etc.
Increase in tax payments due to record high profit forthe previous fiscal year

Investments in next-generation banking system

Acquisition of CURIOSITY inc.

Increase in dividend payment due to dividend
increase

Copyright © 2023 by Future Corporation

29

Appendix-(iv) Results by Segment
FY2023 1H

FY2022 1H

YoY change

28,34425,9409.3%

IT Consulting & Service

24,42522,192

10.1%

Business Innovation

3,971

3,849

3.2%

Other

254

194

30.9%

Adjustments

- 307

- 296

-

6,324

6,214

1.8%

IT Consulting & Service

6,590

6,617

-0.4%

Business Innovation

- 291

- 206

-

Other

- 40

-4

-

Adjustments

66

- 191

-

(Million yen)

Net sales

Operating income

Copyright © 2023 by Future Corporation30

Appendix-(v) Interpretation of Order Backlog (IT Consulting & Service Business)(1) For the purpose of risk control of long-term, large-scale projects, only a fixed amount of a
project, on which a contract has been signed, is recognized as an order received▼ 3Q-end▼ Year-end▼ 1Q-end▼ 2Q-end▼ 3Q-end

Project A
Phase 1(completed)
25M

Phase 2 (fixed)
25M

Orders received for this fiscal
year are 25M.

Phase3

Project B
Phase 1 (fixed)
50M

Phase2Phase3(2) Out of orders fixed, amounts unrealized in accordance with the percentage of completion
method are totaled as the amount of order backlog
Back orders of the current fiscal year = back orders of the previous fiscal year + orders
received in the current fiscal year − sales (on a percentage of completion
method/completed contract method)
Copyright © 2023 by Future Corporation31

Appendix-(vi) Relationship between Order Backlog and Net Sales
Changes in Order Backlog and Net Sales (IT Consulting & Service Business)(On a quarterly basis)(Million yen)
18,00018,000Order backlog

Net sales

16,00016,00014,00014,00012,00012,00010,00010,000

8,000

8,000

6,000

6,000

4,000

4,000

2,000

2,000

0

0
1Q 2020

2Q 2020

3Q 2020

4Q 2020

1Q 2021

2Q 2021

3Q 2021

4Q 2021

1Q 2022

2Q 2022

3Q 2022

4Q 2022

1Q 2023

2Q 2023• As referred to in Interpretation of Order Backlog on the previous page, the order backlog at year end and future net sales are notnecessarily related to each other• The Company adopted the Accounting Standard for Revenue Recognition, etc. in presenting orders for which the contract term
begins after January 2022
Copyright © 2023 by Future Corporation

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Consolidated Summary Report of Operating Results, Supplementary
Materials, Materials for the Briefing on the Financial Results andother IR materials are also available on the Company’s website.
https://www.future.co.jp/investor_relations/Contact: Investor Relations, Future Corporation
Phone: 03-5740-5724
FAX: 03-5740-5820
E-mail:ir@future.co.jp

This material contains forward-looking statements based on currently available information. Such information may change depending on future developmentsin the Japanese economy and the IT service industry, etc. Therefore, please be advised that the Company does not guarantee or promise its accuracy.

Copyright © 2023 by Future Corporation

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