July 14, 2022
To whom it may concern:
Company nameSansan, Inc.

Representative

Chikahiro Terada,
Representative Director & CEO(Code: 4443 TSE Prime Market)

Contact

Muneyuki Hashimoto,Director, Executive Officer, CFO

Tel+81-3-6758-0033

Notification Regarding Booking of Deferred Tax Assets and Non-operating Expenses, andDifferences in Consolidated Financial Results as Compared with Consolidated Full-year
Earnings Forecasts or Actual Results for Previous Fiscal Year
Sansan, Inc. (“the Company”) announces today that it has booked the following deferred tax assets andnon-operating expenses in the financial results for the fiscal year ended May 31, 2022 (“FY2021”). In
addition, the Company announces the differences between the consolidated financial results for FY2021
and the consolidated full-year earnings forecasts for FY2021 announced on July 14, 2021 or the actual
results for the previous fiscal year (“FY2020”), as follows.
1. Details of Deferred Tax Assets
As a result of careful consideration of the recoverability of deferred tax assets based on FY2021, future
performance trends and other factors, the Company recorded deferred tax assets and the corporate tax
adjustment amount (- denotes profit) of -¥296 million for FY2021.
2. Details of Non-operating Expenses
The Company’s equity-method affiliates include CREATIVE SURVEY Inc., which handles online survey
tools, and SATORI Inc., which develops and sells marketing automation tools, etc. Since many of theseaffiliated companies are currently at the stage of aggressive investment for business growth, such as
product development and marketing, and have posted deficits, the Company recorded a cumulative
equity-method investment loss of ¥609 million (¥462 million recorded up to and including the thirdquarter) for FY2021.
3. Differences between Actual Results for FY2021 and Forecasts for FY2021 or Actual Results forFY2020
ProfitBasic
Operating
Ordinary
attributable
Net salesearnings
profitprofitto owners ofper shareparentPrevious forecasts (a)Actual results for FY2021 (b)Variance (b-a)% change
Actual results for FY2020 (c)Millions of yen

Millions of yen

20,230
to20,716
20,420189
to-2950.9
to-1.4
16,184

450
to800
631
181
to-16840.4
to-21.0736
1

Millions of yen

Millions of yen

Yen―――968857

6.87―

―

―

―

―

―

375

182

1.47

Variance (b-c)

―

―

593

675

―

% change―
―
158.3
369.7
―
Note: The Company implemented a stock split of common shares at a ratio of 4-for-1 on December 1,
2021. Therefore, basic earnings per share is calculated on the assumption that said splitting ofshares had been made at the beginning of the previous fiscal year.
4. Reasons for Differences(Difference from consolidated full-year earnings forecasts)
Consolidated net sales and consolidated operating profit were within the range of the full-year forecasts
announced at the beginning of the fiscal year. However, as a result of having made flexible investment
decisions depending on the business environment, the progress made in our businesses, and otherfactors, consolidated operating profit far exceeded the lower limit.
(Difference from actual results for the previous fiscal year)
In the case of consolidated ordinary profit and profit attributable to owners of parent, reasonably
estimating some non-operating profit and loss and other factors is beset with difficulties, and thus
specific forecast figures were not disclosed. However, gain on sale of investment securities of 979 million
yen was recorded as non-operating profit, resulting in a significant increase over the previous fiscal year.

2