Summary of Consolidated Financial Results for the Third Quarterof the Fiscal Year Ending March 31, 2021
(Nine Months Ended December 31, 2020)[Japanese GAAP]
January 29, 2021

Company name: QUICK CO., LTD.
Listing: First Section, Tokyo Stock Exchange
Stock code:
4318
URL: https://919.jp/
Representative: Tsutomu Wano, Chairman
Contact:
Yasuhiko Hirata, Director, Executive Officer,
General Manager of Administration and Accounting Division
Tel: +81-6-6366-0919
Scheduled date of filing of Quarterly Report:
February 10, 2021
Scheduled date of payment of dividend:
Preparation of supplementary materials for quarterly financial results: None
Holding of quarterly financial results meeting:None(All amounts are rounded down to the nearest million yen.)

1. Consolidated Financial Results for the Third Quarter of the Fiscal Year Ending March 31, 2021
(April 1, 2020 – December 31, 2020)(1) Consolidated results of operations(Percentages represent year-on-year changes.)
Net sales

Operating profit

Profit attributable toowners of parent

Ordinary profit

Millions of yen% Millions of yen% Millions of yen%% Millions of yen
Nine months ended Dec. 31, 2020
14,935 (4.4)
1,743 (32.2)
1,914 (26.4)
1,324 (23.2)
Nine months ended Dec. 31, 201915,620
9.6
2,572
12.8
2,600
12.8
1,724
11.2
Note: Comprehensive income (millions of yen) Nine months ended Dec. 31, 2020: 1,631 (down 12.8%)
Nine months ended Dec. 31, 2019: 1,870 (up 23.5%)
Net income per share
Diluted net income per share

Nine months ended Dec. 31, 2020
Nine months ended Dec. 31, 2019

Yen

Yen

70.33
91.46

-

(2) Consolidated financial position
Shareholders’ equity ratio Net assets per share

Total assets

Net assets

Millions of yen

Millions of yen%

As of Dec. 31, 2020
13,975
10,322As of Mar. 31, 2020
13,5589,464
Reference: Shareholders’ equity (millions of yen)
As of Dec. 31, 2020: 10,320

Yen

73.8
69.8
As of Mar. 31, 2020: 9,459

547.88502.192. Dividends
1Q-end2Q-endYen

Fiscal year ended Mar. 31, 2020
Fiscal year ending Mar. 31, 2021
Fiscal year ending Mar. 31, 2021 (forecast)
Note: Revisions to the most recently announced dividend forecast: Yes

Dividend per share
3Q-endYear-end

Total

Yen

Yen

Yen

Yen

22.00
18.00

-

23.00

45.00

22.00

40.00

Regarding revisions to the dividend forecast, please refer to the “Notice of Revisions to the Earnings Forecast and Year-end
Dividend Forecast (Dividend Increase)” that was announced today (January 29, 2021, Japanese version only).
Breakdown of 2Q-end dividends for the fiscal year ending Mar. 31, 2021: Ordinary dividends: 12.00 yen; Commemorative
dividends: 6.00 yen
Breakdown of year-end dividends for the fiscal year ending Mar. 31, 2021(forecast): Ordinary dividends: 16.00 yen;
Commemorative dividends: 6.00 yen

3. Consolidated Earnings Forecast for the Fiscal Year Ending March 31, 2021 (April 1, 2020 – March 31, 2021)
Net sales
Millions of yen(Percentages represent year-on-year changes.)
Profit attributable to
Net income
Ordinary profit
owners of parent
per share

Operating profit%

Millions of yen%

Yen

Full year
19,500 (7.3)
1,753 (40.2)
1,940 (35.5)
Note: Revisions to the most recently announced consolidated earnings forecast: Yes%

Millions of yen%

Millions of yen

1,315(36.6)

69.81

Regarding revisions to the consolidated earnings forecast, please refer to the “Notice of Revisions to the Earnings Forecast andYear-end Dividend Forecast (Dividend Increase)” that was announced today (January 29, 2021, Japanese version only).

* Notes(1) Changes in significant subsidiaries during the period (changes in specified subsidiaries resulting in changes inscope of consolidation): Yes
Newly added: -Excluded: 1 (QUICK GLOBAL CO., LTD.)(2) Application of special accounting methods for presenting quarterly consolidated financial statements: None
(3) Changes in accounting policies and accounting-based estimates, and restatements
1) Changes in accounting policies due to revisions in accounting standards, others: None
2) Changes in accounting policies other than 1) above: None
3) Changes in accounting-based estimates: None
4) Restatements: None

(4) Number of shares outstanding (common shares)
1) Number of shares outstanding at the end of the period (including treasury shares)
As of Dec. 31, 2020:

19,098,576 shares

As of Mar. 31, 2020:

19,098,576 shares

As of Mar. 31, 2020:

261,173 shares

2) Number of treasury shares at the end of the period
As of Dec. 31, 2020:

261,173 shares

3) Average number of shares outstanding during the period
Nine months ended Dec. 31, 2020:

18,837,403 shares

Nine months ended Dec. 31, 2019:18,850,712 shares* The current quarterly financial report is not subject to quarterly review by certified public accountants or accounting firms.
* Explanation of appropriate use of earnings forecasts, and other special items
Forecasts and forward-looking statements in these materials are based on assumptions judged to be valid and information
available to the Company’s management at the time the materials were prepared. These materials are not promises by theCompany regarding future performance. Actual results may differ significantly from these forecasts for a number of reasons.
For discussion of the assumptions and other factors considered by the Company in preparing the above projections, please referto page 4 of the attachments “1. Qualitative Information on Quarterly Consolidated Financial Performance, (3) Explanation ofConsolidated Earnings Forecast and Other Forward-looking Statements.”

QUICK CO., LTD. (4318) Financial Results for the Third Quarter of FY3/21

1. Qualitative Information on Quarterly Consolidated Financial Performance(1) Explanation of Results of Operations
During the first nine months of the fiscal year ending March 31, 2021, consumer and corporate activities in Japan
were severely restricted by the impact of the state of emergency declaration in April 2020 in response to the
spread of the COVID-19 infections, followed by the second and third waves from July through the end of 2020.
Accordingly, the economic activities have been slow to pick up and the outlook of the domestic economy remains
uncertain.
In Japan’s labor market, in November 2020, the seasonally adjusted job openings-to-applicants ratio improved fortwo consecutive months with 1.06 and the unemployment rate also improved from the previous month to 2.9%.
However, the impact of the COVID-19 pandemic has made the outlook unpredictable. That was a complete turnfrom the situation a year ago where many corporations across wide range of industries faced serious labor
shortages.
To promote and sustain business in order to fulfill its corporate social responsibility in this business environment,
the QUICK Group expanded operations in new strategic market sectors, and strengthened coordination between
the group companies as well as continued reinforcing the existing services under the COVID-19 pandemic
environment. All of these activities are aimed at differentiating the QUICK Group from competitors andincreasing customer satisfaction by helping solve HR related problems at client companies. Furthermore, theGroup worked on strengthening the business base through restructuring the sales structure in order to enhance theproductivity.
In the Human Resources Service Business, some of our client companies initially showed a weaker appetite forrecruiting, and suspended or delayed their hiring activities in the personnel placement category partly due to theimpacts of the spread of COVID-19 infections and the state of emergency declaration in April 2020. However,since the lifting of the declaration in May 2020, an increasing number of companies have resumed their hiring
activities. The semiconductor industry continues to show a vigorous recruiting needs and, as the prolonged
pandemic and the outbreak of the third wave have overwhelmed the medical system, the demand for recruiting
nurses hovers at a high level.
Given this business environment, the personnel placement business for professionals and technical staff to generalcompanies almost leveled off while the placements of nurses and childcare professionals remained solid. Those
were the major results of our efforts including focusing on selected categories, restructuring of our sales structure
and providing an extensive support of having more meetings with our client companies and registrants who wish
to change careers.
In the temporary staffing, temporary-to-permanent staffing and business contracting categories, the performanceof the temporary staffing of nurses almost offset the impact of decreased number of workdays caused bytemporary closure of medical facilities and the like following the state of emergency declaration in April 2020.
Amid such circumstances, our endeavor to promote extension of the existing contracts and cultivate new clients
contributed to a strong performance. The temporary staffing of childcare workers also remained firm as weenhanced promotional activities to attract new registrants and provided a thorough support to existing registrants.
Meanwhile, the temporary staffing in other fields continues to be tough as the COVID-19 pandemic has mademany companies reluctant to hire temporary staff in the categories except those including IT.
Overall, sales of the Human Resources Service Business increased 1.1% year-on-year to 10,133 million yen andoperating profit decreased 2.9% year-on-year to 2,123 million yen.
In the Recruiting Business, the new college graduate category saw an improvement in the volume ofadvertisements in our recruitment websites targeting March 2021 new college graduates and our internshipwebsites for March 2022 new college graduates as client companies resumed recruiting activities. However, thehandling of new graduate recruiting events remained severe because, to prevent the spread of COVID-19
infections, joint information meetings and recruiting events hosted by Rikunabi were canceled until August 2020and so were large-scale joint information meetings scheduled in November and December 2020 in large urban
areas.

1

QUICK CO., LTD. (4318) Financial Results for the Third Quarter of FY3/21

In the mid-career hiring domain, the volume of “Indeed” business was favorable, primarily underpinned by strong
recruitment needs in the fields such as medical/nursing care and logistics. Although the volume of recruiting
advertisements for full-time employees, part-time workers and potential registrants for temporary staffing shows
an improvement trend, it will take some more time for a full-fledged recovery. This is because the lingering
pandemic has hurt performance of restaurant operators, service industries, temporary staffing companies and thelike, leading to delayed recovery in hiring demand.
Under these circumstances, Jump Co., Ltd., which was made a consolidated subsidiary in the first quarter, is
supporting recruiting activities of client companies mainly by providing consulting services to build a recruitment
strategy targeting new college graduates in the age of COVID-19, helping develop online internship programs andcreating recruitment websites.
Overall, sales of the Recruiting Business decreased 29.0% year-on-year to 1,823 million yen and operating loss
was 14 million yen, compared with operating profit of 631 million yen in the same period of the previous fiscal
year.
In the Information Publishing Business, despite remaining impact of COVID-19, the volume of our mainstay
lifestyle information and housing information magazines improved as client companies such as restaurants,
retailers, homebuilders and those in service industries are gradually regaining sales promotion sentiment andrecruiting needs. Additionally, given this operating environment, the performance of posting services including
flyers distributed to households with lifestyle information magazines recovered primarily in Kanazawa andNiigata, and the volume of “Indeed” business continued to remain favorable.
Furthermore, the concierge services we operate under the “cococolor” brand expanded in the career change
domain and additionally, housing domain continued to improve. Thus, the operating performance of the entire
concierge services remained steady.
Overall, sales of the Information Publishing Business decreased 8.7% year-on-year to 1,408 million yen andoperating profit also decreased 62.6% year-on-year to 54 million yen.
In the Other Businesses, being impacted by the COVID-19 pandemic, the IT & Internet-Related Businesscategory faced with cautious attitude toward conducting sales promotions among the majority of recruiting andhuman resources development-related companies that consist our main customer base. Yet we worked onstrengthening sales activities against companies in the domains of Digital Transformation (DX) and Software as aService (SaaS), which are enjoying continuous growth even amid the COVID-19 pandemic. Furthermore, theonline HR-related event “HR Conference 2020 - Autumn edition -” under the “Nihon no Jinjibu” (Japan’s Human
Resources Department) brand held in November 2020 hit a record high in all numbers of exhibitors, visitors andrevenue. This owes to a high evaluation given to “HR Conference 2020 - Spring edition -” under the “Nihon no
Jinjibu” (Japan’s Human Resources Department) brand, which was held online in May. Consequently,
performance of our mainstay business “Nihon no Jinjibu” improved and as a result, HR Vision Co., Ltd. started toincrease profit compared with the same period of the previous year.
Kronos Co., LTD., in the learning field, the COVID-19 pandemic has discouraged many companies, due toconcerns over performance outlook, from investing in IT-related trainings, and there has been increasing numberof companies that refrained from holding on-site group trainings, seminars and other events in consideration of
infection spread risk. Under these circumstances, the company sustained a healthy operating performance throughholding online seminars related to AI and DX, which are drawing growing interest in recent years as well as
focusing on receiving orders for individual trainings, in addition to stepping up our sales efforts focusing on
major companies. In contrast, in the system development field, while there were series of postponement andcancellation of development projects, the performance improved as a result of focusing on AI-related new
projects and small projects that require short delivery, as well as system quality assurance projects that can evenbe covered by less-experienced engineers.
In the Overseas Business category, North and Central America (notably in the U.S. and Mexico) had somerelaxation of regulations on COVID-19, and corporate activities partly began resuming, which resulted inprogress of the suspended recruiting projects. However, corporations’ recruiting needs have been inclined to thosefor professionals with immediate fighting strength mainly for the field of IT-related or those of accounting and2

QUICK CO., LTD. (4318) Financial Results for the Third Quarter of FY3/21

translation, while recruiting needs for general office work and those for the unexperienced have been still low. As
a result, the performance of the personnel placement business has not turned back to the real recovery yet,although it is on an improvement trend. The temporary staffing business in the U.S. also has been resilient,primarily due to work resumption of a considerable ratio of staff who had been on the furlough.
As for Asia (notably in China, Vietnam, and Thailand), the personnel placement business in China has beenfavorable in the midst of the normalization process of economic activities after the earliest calm-down of the
COVID-19 pandemic. Furthermore, solid results were achieved for both counseling advisory service for handlingpersonnel and labor issues and other issues under the COVID-19 pandemic, and the personnel and laborconsulting service such as training services and other services that grabbed needs for human resources
development in the post-COVID-19 era. In Vietnam, in the midst of overseas travel restrictions, we had toughresults for our mainstay business, the personnel placement of Japanese staff at the operations of Japanesecompanies. In such circumstances, we put emphasis on personnel placement business of Vietnamese staff, which
is not impacted by overseas travel restrictions, mainly for IT, food and furniture sales industries with vigorous
recruiting needs. Although it has seen some outcome, has not grown enough to compensate for sluggish
performance of placement business of Japanese staff. Also in Thailand, during lagging economic recovery due tothe impact of overseas travel restriction and other reasons under the COVID-19, we worked on reinforcing sales
activities for personnel placement business for Chinese and Taiwanese companies that are active in investment
activities.
In the U.K., domestic personnel placement services as well as temporary staffing services faced severe situation
due to the suspension of recruiting activities and the shrinkage of recruiting needs that was affected by the
COVID-19 pandemic related lockdown. Given the situation, international personnel placement services
supporting career changes to non-U.K. European companies (Cross Border Recruitment services), remained
favorable and we have been working on new customer cultivation in European companies to enhance further
business expansion.
The Company’s Global Business Division gave sales supports to overseas companies and worked on promoting
the international career change supports (Cross Border Recruitment services), attracting more local registrants
who want to change careers, and supporting other activities.
Overall, sales of the Other Businesses increased 5.5% year-on-year to 1,569 million yen and operating profit
decreased 12.1% year-on-year to 170 million yen.
As a result of these factors, net sales decreased 4.4% year-on-year to 14,935 million yen, operating profit
decreased 32.2% year-on-year to 1,743 million yen, ordinary profit decreased 26.4% year-on-year to 1,914
million yen, and profit attributable to owners of parent decreased 23.2% year-on-year to 1,324 million yen.
(2) Explanation of Financial Position
Total assets at the end of the third quarter of the fiscal year under review were 13,975 million yen, which was 416
million yen more than at the end of the previous fiscal year. This was mainly the result of increases in cash anddeposits and investment securities, despite a decrease in notes and accounts receivable-trade.
Total liabilities were 3,652 million yen, which was 441 million yen less than at the end of the previous fiscal year.
This was mainly the result of decreases in accounts payable-trade, income taxes payable and provision forbonuses.
Total net assets were 10,322 million yen, which was 858 million yen more than at the end of the previous fiscal
year. This was mainly the result of an increase in retained earnings due to the booking of profit attributable toowners of parent. Consequently, the shareholders’ equity ratio improved 4.0 percentage points from the end of theprevious fiscal year to 73.8%.

3QUICK CO., LTD. (4318) Financial Results for the Third Quarter of FY3/21(3) Explanation of Consolidated Earnings Forecast and Other Forward-looking Statements
As a result of reviewing the results of operations for the first nine months of the current fiscal year and the future
outlook, we have revised the consolidated earnings forecast for the fiscal year ending March 31, 2021, which wasannounced in “Notice of Revisions to the Full-year Earnings Forecast and Dividend Forecast” dated October 30,
2020 (Japanese version only).
For more information, please refer to the press release “Notice of Revisions to the Earnings Forecast and Year-end
Dividend Forecast (Dividend Increase)” announced today (Japanese version only).

4

QUICK CO., LTD. (4318) Financial Results for the Third Quarter of FY3/21

2. Quarterly Consolidated Financial Statements and Notes(1) Quarterly Consolidated Balance Sheet
FY3/20(As of Mar. 31, 2020)(Thousands of yen)
Third quarter of FY3/21(As of Dec. 31, 2020)

AssetsCurrent assets
Cash and deposits

7,469,166

7,966,949

Notes and accounts receivable-trade

2,139,732

1,511,315

423,453

343,539

Other
Allowance for doubtful accounts
Total current assets(2,081)(1,854)

10,030,271

9,819,949

879,320

847,700

Non-current assets
Property, plant and equipment
Buildings and structures, net
Vehicles, net

4,872

1,757

Tools, furniture and fixtures, net

99,880105,335

Land

276,869

276,869

7,360

5,252

1,268,302

1,236,914

Software367,856

443,084

Software in progress

74,851

225,515

Goodwill

74,84671,804

Leased assets, net
Total property, plant and equipment
Intangible assets

Other

10,65910,659Total intangible assets

528,213751,064

Investment securities

926,5171,400,382

Leasehold deposits

656,096

661,359

Deferred tax assets

100,388

47,212Other52,152

61,510Investments and other assets

Allowance for doubtful accounts(3,433)(3,102)

Total investments and other assets

1,731,721

2,167,362

3,528,237

4,155,341

13,558,509

13,975,291

Total non-current assets
Total assets

5

QUICK CO., LTD. (4318) Financial Results for the Third Quarter of FY3/21(Thousands of yen)
Third quarter of FY3/21(As of Dec. 31, 2020)

FY3/20(As of Mar. 31, 2020)
Liabilities
Current liabilities
Accounts payable-trade492,927

238,321

Short-term borrowings

192,502653,588

6,000

14,840Accounts payable-other

838,432

952,703

Accrued expenses

562,217594,640

Income taxes payable552,213

124,595

Accrued consumption taxes

349,522311,611

Provision for bonuses
Provision for bonuses for directors (and otherofficers)
Provision for repayment

571,211290,348

42,000-20,60013,400Other

348,576

127,694

3,976,203

3,321,743

4,500

9,033

Deferred tax liabilities

7,530

216,409

Asset retirement obligations

98,011

98,042Current portion of long-term borrowings

Total current liabilities
Non-current liabilities
Long-term borrowings

Other

8,262

7,356

118,304

330,841

4,094,508

3,652,585

Share capital

351,317351,317

Capital surplus

391,392

391,392

Retained earnings

8,194,756

8,747,322

Total non-current liabilities
Total liabilities
Net assets
Shareholders’ equity

Treasury shares(16,005)(16,005)

Total shareholders’ equity

8,921,459

9,474,026

537,307863,428

1,134(16,869)

538,441

846,558

4,099

2,121

9,464,000

10,322,706

13,558,509

13,975,291

Accumulated other comprehensive income
Valuation difference on available-for-sale securities
Foreign currency translation adjustment
Total accumulated other comprehensive income
Non-controlling interests
Total net assets
Total liabilities and net assets

6

QUICK CO., LTD. (4318) Financial Results for the Third Quarter of FY3/21(2) Quarterly Consolidated Statements of Income and Comprehensive Income
Quarterly Consolidated Statement of Income(For the Nine-month Period)First nine months of FY3/20(Apr. 1, 2019 – Dec. 31, 2019)(Thousands of yen)First nine months of FY3/21(Apr. 1, 2020 – Dec. 31, 2020)

Net sales

15,620,690

14,935,873

Cost of sales

5,767,785

5,701,028

Gross profit

9,852,904

9,234,844

Selling, general and administrative expenses

7,280,377

7,491,804

Operating profit

2,572,526

1,743,040

Non-operating income
Interest income

594

1,335

Dividend income

12,0498,785

Subsidy income-

155,376

Other

18,66812,878

Total non-operating income

31,312

178,376

Non-operating expenses
Interest expenses

1,673

3,663

Foreign exchange losses

1,000

3,532

Commission expenses

730

-

Other

149

66

3,553

7,262

2,600,285

1,914,154

Total non-operating expenses
Ordinary profit
Extraordinary income
Gain on sales of non-current assets

-

1,580

Gain on sales of investment securities

63,338-Gain on step acquisitions

14,025-

Total extraordinary income

77,363

1,580

Extraordinary losses
Loss on sales of non-current assets-

227

Loss on retirement of non-current assets

4,443

55

Impairment loss

60,114-

Office relocation expenses

-

7,569

Total extraordinary losses

64,558

7,852

Profit before income taxes

2,613,090

1,907,882

Income taxes-current

756,331463,059

Income taxes-deferred

131,707

122,757

Total income taxes
ProfitProfit (loss) attributable to non-controlling interests
Profit attributable to owners of parent

7888,038

585,817

1,725,052

1,322,064

956(2,834)

1,724,095

1,324,899

QUICK CO., LTD. (4318) Financial Results for the Third Quarter of FY3/21

Quarterly Consolidated Statement of Comprehensive Income(For the Nine-month Period)First nine months of FY3/20(Apr. 1, 2019 – Dec. 31, 2019)(Thousands of yen)First nine months of FY3/21(Apr. 1, 2020 – Dec. 31, 2020)

1,725,052

1,322,064

157,740

326,121

Foreign currency translation adjustment(12,703)(17,147)

Total other comprehensive income

145,037

308,974

1,870,089

1,631,039

1,869,219

1,633,017

869(1,978)

ProfitOther comprehensive income
Valuation difference on available-for-sale securities

Comprehensive income
Comprehensive income attributable toComprehensive income attributable to owners of parent
Comprehensive income attributable to non-controllinginterests

8

QUICK CO., LTD. (4318) Financial Results for the Third Quarter of FY3/21(3) Notes to Quarterly Consolidated Financial Statements
Going-concern Assumption
Not applicable.
Significant Changes in Shareholders’ Equity
Not applicable.
Segment Information
I. First nine months of FY3/20 (Apr. 1, 2019 – Dec. 31, 2019)
1. Information pertaining to net sales and profit/loss in reportable segments
Reportable Segment
Human
Resources
Services
Business

Recruiting
Business

Information
Publishing
Business

Subtotal

Other(Note 1)

Total

(Thousands of yen)Amount in
the quarterly
Adjustment consolidated(Note 2)statement ofincome(Note 3)

Net sales
Sales to external
10,020,642 2,569,083
1,542,619 14,132,344 1,488,345 15,620,690
15,620,690
customers
Inter-segment sales
6,585
8,509
7,472
22,567
8,415
30,983(30,983)
and transfers
Total
10,027,227 2,577,592
1,550,091 14,154,911 1,496,761 15,651,673(30,983)
15,620,690
Segment profit
2,186,372
631,414145,734 2,963,521 193,597 3,157,118 (584,591)
2,572,526
Notes: 1. “Other” represents the businesses which are not included in any of the reportable segments and mainly consistsof the Internet-Related Business and the Overseas Business.
2. The (584,591) thousand yen adjustment to segment profit includes elimination for inter-segment transactions of
136,809 thousand yen, and (721,400) thousand yen in company-wide costs that cannot be allocated to any specificreportable segments. Company-wide costs consist primarily of expenses related to the administration division which
are not attributable to any reportable segments, including general affairs and accounting at the Company.
3. Segment profit is adjusted with operating profit shown on the quarterly consolidated statement of income.
2. Information pertaining to impairment losses of non-current assets, goodwill, etc. in reportable segments
Not applicable.
II. First nine months of FY3/21 (Apr. 1, 2020 – Dec. 31, 2020)
1. Information pertaining to net sales and profit/loss in reportable segments
Reportable Segment
Human
Resources
Services
Business

Recruiting
Business

Information
Publishing
Business

Subtotal

Other(Note 1)

Total

(Thousands of yen)Amount in
the quarterly
Adjustment consolidated(Note 2)statement ofincome(Note 3)

Net sales
Sales to external
10,133,924 1,823,386 1,408,884 13,366,195 1,569,677 14,935,873- 14,935,873
customers
Inter-segment sales
3,857
8,107
5,846
17,811
61,964
79,775(79,775)
and transfers
Total
10,137,782 1,831,493 1,414,730 13,384,006 1,631,641 15,015,648(79,775) 14,935,873
Segment profit (loss) 2,123,049(14,826)
54,507 2,162,731 170,124 2,332,855(589,815)
1,743,040
Notes: 1. “Other” represents the businesses which are not included in any of the reportable segments and mainly consists of
the IT and Internet-Related Business, and the Overseas Business.
2. The (589,815) thousand yen adjustment to segment profit (loss) includes elimination for inter-segment transactionsof 84,254 thousand yen, and (674,069) thousand yen in company-wide costs that cannot be allocated to any specificreportable segments. Company-wide costs consist primarily of expenses related to the administration division which
are not attributable to any reportable segments, including general affairs and accounting at the Company.
3. Segment profit (loss) is adjusted with operating profit shown on the quarterly consolidated statement of income.
2. Information pertaining to impairment losses of non-current assets, goodwill, etc. in reportable segments
Not applicable.
This summary report is solely a translation of “Kessan Tanshin” (in Japanese, including attachments), which has been
prepared in accordance with accounting principles and practices generally accepted in Japan, for the convenience of readers
who prefer an English translation.

9