Summary of Consolidated Financial Results for the Second Quarterof the Fiscal Year Ending March 31, 2023
(Six Months Ended September 30, 2022)[Japanese GAAP]
October 31, 2022

Company name: QUICK CO., LTD.
Listing: Tokyo Stock Exchange, Prime Market
Stock code:
4318
URL: https://919.jp/
Representative: Tsutomu Wano, Chairman
Contact:
Kenta Kijima, Director and Executive Officer,
General Manager of Administration and Accounting Division
Tel: +81-6-6366-0919
Scheduled date of filing of Quarterly Report:
November 11, 2022
Scheduled date of payment of dividend:
December 1, 2022
Preparation of supplementary materials for quarterly financial results: Yes
Holding of quarterly financial results meeting:Yes(All amounts are rounded down to the nearest million yen.)

1. Consolidated Financial Results for the Second Quarter of the Fiscal Year Ending March 31, 2023
(April 1, 2022 – September 30, 2022)(1) Consolidated results of operations(Percentages represent year-on-year changes.)
Net sales

Operating profit

Ordinary profit

Profit attributable toowners of parent

Millions of yen% Millions of yen% Millions of yen% Millions of yen
14,799 21.3
3,646 37.3
3,674 36.8
2,537
Six months ended Sep. 30, 2022
12,202 18.5
2,656 39.3
2,685 32.1
1,889
Six months ended Sep. 30, 2021
Note: Comprehensive income (millions of yen) Six months ended Sep. 30, 2022:
2,320 (up 4.6%)
Six months ended Sep. 30, 2021:
2,219 (up 30.7%)
Net income per share
Diluted net income per share

Six months ended Sep. 30, 2022
Six months ended Sep. 30, 2021

Yen

Yen

134.63100.32

–
–

%

34.3
32.7

(2) Consolidated financial position
Total assets
Net assets
Shareholders’ equity ratio Net assets per share
Millions of yen
Millions of yen%
Yen
As of Sep. 30, 2022
19,35013,93472.0
738.53As of Mar. 31, 2022
18,002
12,09867.2
642.21
Reference: Shareholders’ equity (millions of yen)
As of Sep. 30, 2022: 13,934
As of Mar. 31, 2022: 12,097

2. Dividends
1Q-end2Q-endYen

Fiscal year ended Mar. 31, 2022–
Fiscal year ending Mar. 31, 2023–
Fiscal year ending Mar. 31, 2023 (forecast)
Note: Revisions to the most recently announced dividend forecast: Yes

Dividend per share
3Q-endYear-end

Total

Yen

Yen

Yen

Yen

20.00
26.00

–

28.00

48.00

–

38.00

64.00

3. Consolidated Earnings Forecast for the Fiscal Year Ending March 31, 2023 (April 1, 2022 – March 31, 2023)
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
27,300 15.7
4,400
31.5
4,450
30.0
Note: Revisions to the most recently announced consolidated earnings forecast: Yes%

Millions of yen%

Millions of yen

2,991

33.0

158.53

* Notes(1) Changes in significant subsidiaries during the period (changes in specified subsidiaries resulting in changes inscope of consolidation): None
(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: Yes
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 Sep. 30, 2022:

19,098,576 shares

As of Mar. 31, 2022:

19,098,576 shares

As of Mar. 31, 2022:

261,301 shares

2) Number of treasury shares at the end of the period
As of Sep. 30, 2022:

231,335 shares

3) Average number of shares outstanding during the period
Six months ended Sep. 30, 2022:

18,847,763 shares

Six months ended Sep. 30, 2021:

18,837,333 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 Second Quarter of FY3/23

1. Qualitative Information on Quarterly Consolidated Financial Performance(1) Explanation of Results of Operations
During the first half of the fiscal year ending March 31, 2023, the Japanese economy showed signs of moderate
recovery after restrictions on activities had been eased to normalize economic activities and consumer spending,despite the resurgence of COVID-19 in July 2022. However, the economic outlook remains uncertain on the backof higher commodity prices partly due to surging resources and energy costs driven by the prolonged Ukraine
crisis, further weakening of the yen in response to global monetary tightening, and others.
Meanwhile, in Japan’s labor market, the seasonally adjusted job openings-to-applicants ratio was 1.32 and theseasonally adjusted unemployment rate was 2.5% in August 2022, showing a moderate recovery trend.
Under such business environment, the Group worked on differentiating the QUICK Group from competitors andincreasing customer satisfaction by helping our client companies to solve their HR related problems by looking
for new strategic market sectors and strengthening coordination between the group companies. Furthermore, theGroup strengthened the business base by restructuring the organizational structure in order to improve theproductivity.
As a result, we achieved sales and earnings growth, both reaching all-time highs. Net sales increased 21.3%
year-on-year to 14,799 million yen, operating profit increased 37.3% year-on-year to 3,646 million yen, ordinary
profit increased 36.8% year-on-year to 3,674 million yen, and profit attributable to owners of parent increased
34.3% year-on-year to 2,537 million yen.
From the first quarter of the fiscal year ending March 31, 2023, Quick Care Jobs Co., Ltd. established in
December 2021 has been included in the scope of consolidation as one of the Human Resources Service Business.
Performance of the business segments is described as follows.
(Human Resources Services Business)
1) Personnel Placement
In the personnel placement category, corporate recruiting needs remained robust in our focus fields such as theconstruction, electrical equipment, machinery, automobile and pharmaceutical industries. In addition, recruitingneeds for nurses still remained high in medical institutions and nursing-care facilities. Given this businessenvironment, the personnel placement business for specific fields targeting construction and pharmaceutical
related categories, various types of engineers as well as nurses placement recorded a large revenue growth whilechildcare professionals placement business posted steady performance. Those were the major results of our efforts
including finding enticing new fields, enhancing promotional activities, having more meetings with our clientcompanies and registrants who wish to change careers, and providing an extensive support.
2) Temporary Staffing, Temporary-to-Permanent Staffing, and Business Contracting
In the temporary staffing, temporary-to-permanent staffing and business contracting categories, in addition tolasting strong hiring needs for nurses at medical and welfare sectors, the temporary staffing of nurses wasfavorable as COVID-19-related call centers continued to show an intensive need for staff. Meanwhile, robust
demand for the temporary staffing of childcare workers expanded the performance although the resurgence of
COVID-19 forced some nursery schools to temporarily close and temporary staff to take leave.
Overall, sales of the Human Resources Service Business increased 19.4% year-on-year to 10,537 million yen andoperating profit also increased 26.4% year-on-year to 3,327 million yen.
(Recruiting Business)
In the Recruiting Business, partly due to the absence of COVID-19 prevention measures such as restrictions on
activities, and request for voluntary closure of shops and restaurants, corporate recruiting activities were
stimulated in restaurant, selling and service sectors in anticipation of the busy summer season, the fall holiday

1

QUICK CO., LTD. (4318) Financial Results for the Second Quarter of FY3/23

season, and growing pent-up demand from foreign tourists. Additionally, recruitment needs also expanded in awide range of sectors, including medical and welfare suffering chronic labor shortages. In the mid-career hiring
category, our focus “Indeed” business as well as recruiting advertisements for part-time workers posted a robust
growth in revenue while the volume of recruiting advertisement for full-time employees and temporary workers
expanded steadily as well.
On the other hand, the new college graduate category posted a slight decrease in revenue because an intensifying
competition with competitors slowed down the volume growth of recruiting advertisements targeting March 2023
new college graduates.
In addition, services other than the handling of recruiting advertisement enjoyed an increase in recruitment
website and other production services along with internship programs development to recruit new graduates andrecruiting staff training.
Overall, sales of the Recruiting Business increased 36.2% year-on-year to 1,590 million yen and operating profit
increased 221.9% year-on-year to 284 million yen.
(Information Publishing Business)
In the Information Publishing Business, the impact on advertisement placements for sales promotion targeting
restaurants and events and so on was limited in lifestyle information magazines thanks to the absence of thepandemic-induced restrictions on activities and others. In such a situation, a robust job market in the Hokuriku
region and Niigata boosted the volume of recruiting advertisement in all the service areas, putting theperformance of the lifestyle information magazine category as a whole back on a recovery track.
Moreover, posting services including flyers distributed to households with lifestyle information magazines
benefitted from increasing handling of housing-related flyers in Kanazawa and Toyama. Hence, the services
delivered solid results.
Furthermore, in the concierge services we operate under the “cococolor” brand, the career change domain
expanded steadily on the back of strong recruiting needs in engineering and other jobs. Additionally, thisbusiness category showed a healthy performance in the volume of “Indeed,” the production of a website for clientcompanies and others. On the other hand, expenses for personnel and promotional activities increased as part ofinvestment to ramp up sales efforts.
Overall, sales of the Information Publishing Business increased 7.8% year-on-year to 1,109 million yen andoperating profit decreased 57.3% year-on-year to 40 million yen.
(IT and Internet-Related Business)
In the IT & Internet-Related Business category, the market for “Nihon no Jinjibu” (Japan’s Human Resources
Department) related service continues to enjoy a strong demand for better business efficiency, labor saving, IT
introduction to resolve issues in the HR domain, and services for improving motivation and retention of
employees. Additionally, as the lifting of COVID-19-related restrictions on activities and so on promoted further
recovery of sales promotion needs for recruitment, training, and other services, we achieved a substantial increasein advertising revenues from “Nihon no Jinjibu”—our portal website for personnel and labor relations.
Furthermore, the successful online HR related event, “Nihon no Jinjibu HR Conference 2022-Spring-” held in
May 2022 also contributed to a renewal of record high performance of “Nihon no Jinjibu” related services in thefirst half of the fiscal year under review.
As for the system development category, even though reviving corporate investment led to increasing inquiries
for development projects, we struggled to secure engineers enough to respond to such a trend, ending with a slightincrease in revenue. Meanwhile, the performance of the learning field almost leveled off despite continued efforts
to propose tailor-made online or face-to-face training solutions after spring group trainings for new employees.
Overall, sales of the IT and Internet-Related Business increased 30.9% year-on-year to 972 million yen andoperating profit also increased 82.6% year-on-year to 428 million yen.
2

QUICK CO., LTD. (4318) Financial Results for the Second Quarter of FY3/23(Overseas Business)
In the U.S., economic activities were returning to normalcy and hiring sentiment was stimulated in a wide rangeof sectors. Furthermore, inflation-led wage increases pushed up placement fees and staffing sales, and our newly
opened Dallas office performed well, boosting the performance of the personnel placement and temporary staffing
businesses. In Mexico where the pandemic was calming down with economic activities and corporate recruiting
demand rebounding, the operating performance was strong aided by the yen's slide.
In China, lockdown measures were taken in Shanghai as a part of the zero-COVID policy and local economic
activities slowed down for most of the second quarter of the fiscal year under review. As a result, corporate
recruiting activities were subdued, and visa application services and education/training were suspended, severely
limiting new sales activities. Accordingly, revenue declined in both the personnel placement and personnel andlabor consulting businesses. In Vietnam where the economy was recovering, the performance remained roughly
on par primarily in the placement of Japanese staff for companies in industries with robust hiring needs such as IT
and construction. In Thailand, as the pandemic-induced restrictions were lifted, an increasing number of tourists
and other factors helped drive the economic recovery, which improved corporate recruiting needs. In such asituation, we concentrated our sales efforts on all industries and professions in fields with higher recruiting needs,
achieving an increase in revenue.
In the U.K., economic activities were vibrant in anticipation of the post-COVID-19 society, and corporate
recruiting demand remained brisk, offsetting the uncertain outlook brought by inflation and the prolonged
Ukraine crisis. With more job openings than job seekers, the personnel placement services as well as temporary
staffing services performed well.
The Company’s Global Business Division also give sales supports to overseas companies and worked on
promoting the international career change supports (Cross Border Recruitment® services) to attract more local
registrants who want to change careers, and supporting other activities.
Overall, sales of the Other Businesses increased 35.7% year-on-year to 589 million yen and operating profit
increased 487.7% year-on-year to 61 million yen.
(2) Explanation of Financial Position
1) Assets, liabilities and net assets
Total assets at the end of the second quarter of the fiscal year under review were 19,350 million yen, which was
1,347 million yen more than at the end of the previous fiscal year. This was mainly the result of an increase in
cash and deposits despite a decrease in investment securities.
Total liabilities were 5,416 million yen, which was 488 million yen less than at the end of the previous fiscal year.
This was mainly the result of decreases in accounts payable-other and provision for bonuses despite an increase inincome taxes payable.
Total net assets were 13,934 million yen, which was 1,835 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. The shareholders’ equity ratio improved 4.8 percentage points from the end of the previous
fiscal year to 72.0%.
2) Cash flows
Cash and cash equivalents (hereinafter “net cash”) increased 1,261 million yen from the end of the previous fiscal
year to 11,710 million yen at the end of the second quarter of the fiscal year under review. Outflows included
income taxes paid and dividends paid, while inflows included profit before income taxes. Cash flows by category
are as follows.

3

QUICK CO., LTD. (4318) Financial Results for the Second Quarter of FY3/23

Cash flows from operating activities
Net cash provided by operating activities decreased 12.1% year-on-year to 1,966 million yen. Negative factors
include an increase in trade receivables of 451 million yen and income taxes paid of 1,038 million yen. Positive
factors include the booking of profit before income taxes of 3,674 million yen.
Cash flows from investing activities
Net cash used in investing activities decreased 3.0% year-on-year to 252 million yen. Negative factors include
purchase of property, plant and equipment and intangible assets of 246 million yen.
Cash flows from financing activities
Net cash used in financing activities decreased 15.9% year-on-year to 552 million yen. Negative factors include a
decrease in short-term borrowings of 24 million yen and dividends paid of 526 million yen.
(3) Explanation of Consolidated Earnings Forecast and Other Forward-looking Statements
As a result of reviewing the results of operations for the first half of the fiscal year under review and the future
outlook, we have revised the full-year consolidated earnings forecasts for the fiscal year ending March 31, 2023,
which were announced in the “Summary of Consolidated Financial Results for the Fiscal Year Ended March 31,
2022 (Japanese GAAP)” on April 28, 2022.
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 Second Quarter of FY3/23

2. Quarterly Consolidated Financial Statements and Notes(1) Quarterly Consolidated Balance Sheet
FY3/22(As of Mar. 31, 2022)(Thousands of yen)
Second quarter of FY3/23(As of Sep. 30, 2022)

AssetsCurrent assets
Cash and deposits

10,509,984

11,774,244

Notes and accounts receivable-trade

2,349,801

2,692,128

Other

349,105

433,925

Allowance for doubtful accounts(2,707)(3,017)

13,206,183

14,897,280

820,299

841,979

1,971

2,199

Total current assets
Non-current assets
Property, plant and equipment
Buildings and structures, net
Vehicles, net
Tools, furniture and fixtures, net

123,768

118,966

Land

176,789

176,789

Leased assets, net

5,682

4,402

Construction in progress

45,734–

1,174,244

1,144,336

Software851,716

890,420

Software in progress

48,611

39,884

Goodwill

6,074

5,139

Total property, plant and equipment
Intangible assets

Other

10,65910,659Total intangible assets

917,061

946,103

Investment securities

1,726,448

1,347,857

Leasehold deposits

711,400

757,407

Deferred tax assets

163,461

203,678

Other

110,875

60,285Investments and other assets

Allowance for doubtful accounts(6,926)(6,684)

Total investments and other assets

2,705,259

2,362,545

4,796,566

4,452,985

18,002,749

19,350,265

Total non-current assets
Total assets

5

QUICK CO., LTD. (4318) Financial Results for the Second Quarter of FY3/23(Thousands of yen)
Second quarter of FY3/23(As of Sep. 30, 2022)

FY3/22(As of Mar. 31, 2022)
Liabilities
Current liabilities
Accounts payable-trade

520,197498,758

Short-term borrowings

141,002116,302

Accounts payable-other

1,237,670

919,003

Accrued expenses
Income taxes payable
Accrued consumption taxes
Provision for bonuses
Provision for bonuses for directors (and other officers)
Asset retirement obligations

674,565

713,084

1,038,195

1,131,941

489,968

550,118

1,071,547

966,252

73,330

–

–

5,930

485,335

406,588

5,731,811

5,307,979

Deferred tax liabilities

61,565–

Asset retirement obligations

105,275

102,742

5,713

5,340

172,554

108,082

5,904,366

5,416,062

351,317351,317

Other
Total current liabilities
Non-current liabilities

Other
Total non-current liabilities
Total liabilities
Net assets
Shareholders’ equity
Share capital
Capital surplus

391,392

433,071Retained earnings

10,261,028

12,270,059(16,171)(14,350)

10,987,566

13,040,097

1,084,720

819,837

25,147

74,172

1,109,867

894,010

Treasury shares
Total shareholders’ equity
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

949

96

12,098,383

13,934,203

18,002,749

19,350,265

QUICK CO., LTD. (4318) Financial Results for the Second Quarter of FY3/23(2) Quarterly Consolidated Statements of Income and Comprehensive Income
Quarterly Consolidated Statement of Income(For the Six-month Period)First six months of FY3/22(Apr. 1, 2021 – Sep. 30, 2021)(Thousands of yen)First six months of FY3/23(Apr. 1, 2022 – Sep. 30, 2022)

Net sales

12,202,745

14,799,419

Cost of sales

3,903,710

4,489,415

Gross profit

8,299,035

10,310,004

Selling, general and administrative expenses

5,642,489

6,663,744

Operating profit

2,656,545

3,646,259

Non-operating income
Interest income

790

966

Dividend income

4,421

4,567

766

21,146

Foreign exchange gains
Other

23,65531,455

Total non-operating income

29,634

58,135Non-operating expenses
Interest expenses

1,069

703

Commission expenses–

25,000Information security expenses

–

4,144

Other

47

114

Total non-operating expenses
Ordinary profit

1,117

29,962

2,685,062

3,674,432

Extraordinary income
Gain on sale of non-current assets–

117

Total extraordinary income–

117

Extraordinary losses
Loss on retirement of non-current assets

782

–

782

–

2,684,280

3,674,550

Income taxes-current

826,750

1,121,398

Income taxes-deferred(31,656)

16,728

Total extraordinary losses
Profit before income taxes

Total income taxes
ProfitLoss attributable to non-controlling interests
Profit attributable to owners of parent

7795,094

1,138,126

1,889,186

2,536,423

(491)

(957)

1,889,677

2,537,381

QUICK CO., LTD. (4318) Financial Results for the Second Quarter of FY3/23

Quarterly Consolidated Statement of Comprehensive Income(For the Six-month Period)First six months of FY3/22(Apr. 1, 2021 – Sep. 30, 2021)(Thousands of yen)First six months of FY3/23(Apr. 1, 2022– Sep. 30, 2022)

1,889,186

2,536,423

302,834(264,882)

27,01548,898

ProfitOther comprehensive income
Valuation difference on available-for-sale securities
Foreign currency translation adjustment
Total other comprehensive income

329,850(215,984)

Comprehensive income

2,219,037

2,320,439

Comprehensive income attributable to:
Owners of parent

2,218,898

2,321,523

138(1,084)Non-controlling interests

8

QUICK CO., LTD. (4318) Financial Results for the Second Quarter of FY3/23(3) Quarterly Consolidated Statement of Cash Flows(Thousands of yen)First six months of FY3/22
First six months of FY3/23(Apr. 1, 2021 – Sep. 30, 2021) (Apr. 1, 2022 – Sep. 30, 2022)
Cash flows from operating activities
Profit before income taxes
Depreciation

2,684,280

3,674,550

138,252

179,181

Amortization of goodwill

7,184

934

Increase (decrease) in allowance for doubtful accounts

3,007

67

Increase (decrease) in provision for bonuses
Increase (decrease) in provision for bonuses for directors(and other officers)
Interest and dividend income

74,687(105,609)(35,310)(73,330)(5,212)(5,534)

Interest expenses

1,069

703

Foreign exchange losses (gains)(766)(21,146)

Loss (gain) on sale of non-current assets

–

(117)

Loss on retirement of non-current assets

782–

Decrease (increase) in trade receivables(258,055)(451,801)

Increase (decrease) in trade payables(150,337)(20,133)

Increase (decrease) in accrued consumption taxes

154,460

58,857

Other, net(84,443)(236,876)

Subtotal

2,529,600

2,999,746

Interest and dividends received

5,212

5,534

Interest paid

(1,049)(711)

Income taxes paid

(295,905)(1,038,278)

Net cash provided by (used in) operating activities

2,237,858

1,966,290

Cash flows from investing activities
Net decrease (increase) in time deposits(516)(1,460)Purchase of property, plant and equipment(39,244)(81,562)

Proceeds from sale of property, plant and equipment
Purchase of intangible assets
Purchase of investment securities
Payments for asset retirement obligations
Other, net
Net cash provided by (used in) investing activities–

918(221,680)(164,485)(3,003)(2,981)–(2,780)4,325–(260,119)(252,351)(159,655)(24,700)(7,170)–Cash flows from financing activities
Net increase (decrease) in short-term borrowings
Repayments of long-term borrowings
Repayments of lease obligations(1,264)(1,311)(488,544)(526,064)

(94)

(60)

(656,728)(552,135)

19,83851,162

Net increase (decrease) in cash and cash equivalents

1,340,849

1,212,965

Cash and cash equivalents at beginning of period
Increase in cash and cash equivalents resulting from
inclusion of subsidiaries in consolidation
Cash and cash equivalents at end of period

8,097,700

10,448,889–

48,701

9,438,549

11,710,556

Dividends paid
Other, net
Net cash provided by (used in) financing activities
Effect of exchange rate change on cash and cash equivalents

9

QUICK CO., LTD. (4318) Financial Results for the Second Quarter of FY3/23(4) Notes to Quarterly Consolidated Financial Statements
Segment Information
I. First six months of FY3/22 (Apr. 1, 2021 – Sep. 30, 2021)
1. Information pertaining to net sales and profit/loss in reportable segments
Reportable Segment
Human
Resources
Services
Business
Net sales
Revenue fromcontracts withcustomers
Other revenue
Sales toexternalcustomers
Inter-segment
sales andtransfers

Recruiting
Business

Information
Publishing
Business

8,829,150 1,167,637

1,028,638

742,813–––

8,829,150 1,167,637

1,028,638

742,813

6,649

3,594

47,916

8,829,343 1,174,286

1,032,232
95,660

–

192

Total
Segment profit

2,631,951

88,368IT &Overseas
Internet-Related BusinessBusiness(Note 3)(Thousands of yen)Amount in thequarterly
Adjustment consolidated(Note 1) statement ofincome(Note 2)

Total

434,505 12,202,745–

12,202,745

–

–

–

434,505 12,202,745–

12,202,745

58,352(58,352)–

790,730

434,505 12,261,098(58,352)

12,202,745

234,415

10,531

3,060,926 (404,381)

2,656,545––

Notes: 1. The (404,381) thousand yen adjustment to segment profit includes elimination for inter-segment transactions of
63,069 thousand yen, and (467,450) 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.
2. Segment profit is adjusted with operating profit shown on the quarterly consolidated statement of income.
3. Countries and regions included in the Overseas Business are Japan, U.S. China, Mexico, U.K., Vietnam andThailand.
2. Information pertaining to impairment losses of non-current assets, goodwill, etc. in reportable segments
Not applicable.
II. First six months of FY3/23 (Apr. 1, 2022 – Sep. 30, 2022)
1. Information pertaining to net sales and profit/loss in reportable segments
Reportable Segment
Human
Resources
Services
Business
Net sales
Revenue fromcontracts with 10,537,638
customers
Other revenue–
Sales toexternal
10,537,638
customers
Inter-segment
sales and
1,540
transfers

IT &Overseas
Internet-Related BusinessBusiness(Note 3)(Thousands of yen)Amount in thequarterly
Adjustment consolidated(Note 1) statement ofincome(Note 2)

Recruiting
Business

Information
Publishing
Business

1,590,378

1,109,031

972,672

589,698

14,799,419–

14,799,419

–

–

–

–

–

–

–

1,590,378

1,109,031

972,672

589,698

14,799,419–

14,799,419

14,423

4,994

46,386–

67,346(67,346)

–

Total

Total

10,539,179

1,604,802

1,114,025

1,019,059

589,698

14,866,765(67,346)

14,799,419

Segment profit

3,327,620

284,445

40,843428,028

61,8894,142,827(496,567)

3,646,259

Notes: 1. The (496,567) thousand yen adjustment to segment profit includes elimination for inter-segment transactions of
68,939 thousand yen, and (565,507) 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.
2. Segment profit is adjusted with operating profit shown on the quarterly consolidated statement of income.
3. Countries and regions included in the Overseas Business are Japan, U.S. China, Mexico, U.K., Vietnam andThailand.
2. Information pertaining to impairment losses of non-current assets, goodwill, etc. in reportable segments
Not applicable.
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