The following information was originally prepared and published by the Company in Japanese as it contains timely disclosurematerials to be submitted to the Tokyo Stock Exchange. This English translation is for your convenience only. If there is any
discrepancy between this English translation and the original Japanese version, please refer to the Japanese version.

Summary of Financial Statements for the Fiscal Year
Ended December 31, 2021 [IFRS] (Consolidated)
February 9, 2022
Broadleaf Co., Ltd
Stock listing:
Representative:
Scheduled date of Annual General Meeting of Shareholders
Scheduled date of commencement of dividend payout
Earnings Supplementary Explanatory Documents
Earnings Results Briefing:

Tokyo Stock Exchange 1st Section
Representative Director and President Kenji Oyama
March 25, 2022
March 28, 2022
Yes
Yes (For institutional investors and analysts)(Figures are rounded to the nearest million yen)
Consolidated Financial Results for FY2021 (January 1, 2021 to December 31, 2021)(1) Consolidated Operating Results(Percentage below represents increase (decrease) from the same period of previous year)
Revenue

Operating profit

Millions ofyen
20,652
21,162

FY2021
FY2020Millions of
yen
-2.4
3,395
-6.3
4,135

Profit before tax

Millions of
yen
-17.9
3,233
-8.6
3,820

%

%

Basic earnings per share

Diluted earnings per share

Yen
24.72
28.16

Yen
24.32
27.70

FY2021
FY2020

ProfitMillions of
yen
-15.4
2,174
-14.8
2,465
%

Profit attributable to Total comprehensive
owners of the parent
incomeMillions ofMillions of
%
%
%
yen
yen
-11.8
2,173
-11.9
2,201
-3.2
-20.3
2,465
-20.3
2,273
-25.7

Return on equity
attributable to ownersof parent
%
8.6
10.3

(Reference) Share of (profit) loss of entities accounted for using equity method

Return on assets

Operating margin

%
9.7
11.9

%
16.4
19.5

FY2021: -6 million yen
FY2020: -28 million yen(2) Consolidated Financial Position
Total assets
Millions of yen
34,47632,274FY2021
FY2020Percentage of equity
Equity attributable toattributable to owners of the owners of the parent per
parent
share
%
Yen
75.7
296.7776.2
280.87

Equity attributable toowners of the parent

Total equity
Millions of yen
26,11424,602Millions of yen
26,11424,600(3) Consolidated Cash Flow Status
Cash flow from operating activities Cash flow from investing activities Cash flow from financing activities
FY2021
FY2020Millions of yen
3,783
5,056

Millions of yen-3,388-2,774

Millions of yen-108-2,084

Cash and cash equivalents
Balance at end of year
Millions of yen
3,522
3,232

2.Dividend Status
Dividend per share

End of 1Q

FY2020
FY2021
FY2022 (forecast)End of 2Q

Yen-

End of 3Q

Yen
6.60
4.00
-

Year-end

Yen
-

Total

Yen
6.60
4.70
-

Yen
13.20
8.70
-

Ratio ofdividends to
Dividend payout equity
Total dividend
ratio
attributable to(consolidated) owners of theparent(consolidated)
Millions of yen
%
%
1,205
46.9
4.8
795
35.2
3.0
-

(NOTE)The forecast for FY2022 is currently undecided.
3.Consolidated Earnings Forecasts for FY2022 (January 1, 2022 to December 31, 2022)(Percentage below represents increase (decrease) from the same period of previous year)
Revenue

1H FY2022
FY2022Millions of
yen
5,800
12,300Operating profit
%
-41.6
-40.4

Millions ofyen-2,600-4,800

Profit before tax%-

Millions ofyen-2,600-4,800%-

Profit attributable toowners of the parent
Millions of%yen-2,700-5,000-

Basic earnings per share
Yen-30.60-56.62

※ Notes(1) Changes in significant subsidiaries during the current period (changes in specified subsidiaries with changes in the scope of
consolidation): None
(2) Changes in accounting policies and changes in accounting estimates
1. Changes in accounting policies required by IFRS: None
2. Other changes in accounting policies: None
3. Changes in accounting estimates: None
(3) Number of shares outstanding (common share)
1. Number of shares outstanding (including
treasury shares)

FY2021

2. Number of shares of treasury shares

FY2021

3. Average number of shares during the period

FY202197,896,800
shares9,901,018
shares87,904,113
shares

FY2020
FY2020
FY202097,896,800
shares10,313,058
shares87,529,600
shares(Reference) Summary of Non-consolidated Financial Results
Non-consolidated financial results for FY2021 (January 1, 2021 to December 31, 2021)(1) Non-Consolidated Operating Results (Percentage below represents increase (decrease) from the same period of previous year)

FY2021
FY2020

FY2021
FY2020Net sales
Millions of yen
18,63919,378Operating profit
Ordinary income
Net income% Millions of yen% Millions of yen% Millions of yen
%
-3.8
2,672
-27.0
2,435
-29.2
731
-59.2
-2.4
3,659
7.1
3,438
1.4
1,791
-22.9

Earnings per share
Yen
8.32
20.46

Diluted earnings per share
Yen
8.19
20.13

(2) Non-Consolidated Financial Position
Total assets
Net assets
Equity Ratio
Millions of yen
Millions of yen%
FY2021
27,04919,87573.5
FY202025,484
19,87578.0
Reference: Shareholders' equity
FY2021: 19,875 million yen
FY2020: 19,875 million yen

Net assets per share
Yen
225.87226.92※ This financial results report is not subject to the audit by a certified public accountant or an auditing firm.
※ Comments regarding appropriate usage of earnings forecasts, and other special notes(Notes on forward-looking statements)
The forward-looking statements such as earnings forecasts contained in this document are based on the information currently
available to the Company and certain assumptions which are regarded as legitimate. The Company makes no warranty as to theachievability of what is described in the statements. Actual results may differ from these forecasts due to various factors.
(Availability of earnings supplementary explanatory documents and information on earnings results briefings)
The Company plans to hold a briefing for institutional investors and analysts in an online live format on February 9, 2022. The
materials used at the meeting will be posted on its website.

○Table of Contents of the Attached Material
1.Overview of Operating Results, etc. ............................................................................................................................. ............

2(1) Overview of operating results for the fiscal year under review ..........................................................................................

2(2) Overview of financial position for the fiscal year under review .........................................................................................

3(3) Basic policy on profit distribution and dividends for the current and next fiscal years ......................................................

4

2.Basic policy on selection of accounting standards ....................................................................................................................

4

3.Consolidated financial statements and major notes ...................................................................................................................

5(1) Consolidated statements of financial position .....................................................................................................................

5(2) Consolidated Statements of Income and Consolidated Statements of Comprehensive Income .........................................

6

Consolidated statements of income ............................................................................................................................. .....

6

Consolidated statements of comprehensive income .........................................................................................................

7(3) Consolidated statements of changes in equity ............................................................................................ .........................

8(4) Consolidated statements of cash flows ............................................................................................................................. ... 10(5) Notes regarding consolidated financial statements .............................................................................................................

11(Notes on going concern) ......................................................................................... .........................................................

11(Segment information) ....................................................................................................... ...............................................

11(Profits per share) ............................................................................................................................................. .................

11(Significant subsequent events) ........................................................................................................................................

11

-1-

1. Overview of Operating Results, etc.
(1) Overview of financial results in the fiscal year under review(i) Qualitative information on financial Current management results
During the fiscal year under review (January 1, 2021 to December 31, 2021), the Japanese economy showed signs ofrecovery due to measures to prevent the spread of COVID-19 and popularization of vaccinations. However, the outlook
remains uncertain due to concerns over the impact of COVID-19, constraints on supply, and downside risks against the
backdrop of trends in raw material prices, as the emergence of new variant has resulted in a re-expansion of COVID-19.
In the information technology services industry to which the Group belongs, corporate investment in DX (Digital
Transformation) towards the realization of "new ways of working," including telework and contactless work, has expanded. On
the other hand, against the backdrop of uncertain economic outlook, there is a cautious stance toward new investments in nonstrategic areas, so there is a mixed sense of strong and weak IT investment demand. In addition, due to the tight supply-demandbalance for semiconductors and the ongoing impact on the supply chain due to the spread of COVID-19, supply of somehardware such as PCs has become unstable, so the Group needs to continue to closely monitor the situation in the future.
Under such environment, the Group continues its activities to contribute to the business continuity and business creation of
its clients based on the spirit of "Gratitude and Happiness," which is its corporate philosophy. During the fiscal year underreview, along with sales of business software, the Group expanded its DX solutions, including groupware, to support its clients'
DX. In addition, the Group began transition of software sales to a monthly subscription contract for some clients so that theycan quickly and smoothly transit to “.c Series,” the new cloud-based software, which the Group will begin offering on a fullscale from 2022. Furthermore, the Group promoted measures that focuses on future trends in the mobility society, such ascommencement of collaboration with car maker-affiliated finance companies. In parallel with these activities, the Group
expanded its internal system in preparation for the diversification of its services. In addition, the Group promoted the DX of its
business management infrastructure, including the shift to online sales activities and the establishment of telework.
The transition to monthly subscription contracts will not only stabilize the Group's revenue but will also generate medium tolong term growth. However, the fiscal year under review is in the early stage of the transition, so it became a factor behind thedecline in revenue. On the other hand, the Group strengthened its proposal capabilities to support its clients' DX. As a result, in
addition to DX solution sales, various monthly sales increased, including network usage fees and support service fees, which
are ancillary services for business software. In terms of costs, upfront expenses which will lead to future business growthincreased. These include investment in the development of the “.c Series” and other products, strengthening of the service
infrastructure, and the production of content for online promotions.
As a result of the above, in the current fiscal year, the Group posted revenue of 20,652 million yen (down 2.4% year-onyear), operating profit of 3,395 million yen (down 17.9% year-on-year), profit before income taxes of 3,233 million yen (down
15.4% year-on-year), and profit attributable to owners of the parent of 2,173 million yen (down 11.9% year-on-year).
The Group has a single business segment of the IT services. A breakdown of revenue by categories is shown in the tablebelow.
(Millions of yen)Classification

FY2020(January 1, 2020 to
December 31, 2020)

FY2021(January 1, 2021 to
December 31, 2021)

YoY ratio

Platform

10,692

11,4797.4%

Application

10,4699,173-12.4%

21,162

20,652

-2.4%

Total

(NOTE)In the fiscal year under review, the Group changed its revenue categories to clarify the progress of the Group's growthstrategy in the launch of the new cloud-based model, “.c Series.” Figures for the previous fiscal year have also been
recomposed.

-2-

(ii) Outlook for the Next Fiscal Year
With respect to consolidated results for the next fiscal year (January 1, 2022 to December 31, 2022), the Group forecasts
revenue of 12.3 billion yen, operating loss of 4.8 billion yen, loss before tax of 4.8 billion yen, and loss attributable to ownersof parent of 5 billion yen.
The client base for the fiscal year ending December 31, 2022 is expected to grow steadily. However, in the fiscal year
ending December 31, 2022, the number of sales of “.c Series,” the new cloud-based software, will account for the majority ofthe total number of annual software sales. As a result, since sales of the “.c Series” are recorded on a monthly basis comparedto sales of conventional software which is recorded on multi-year lump-sum basis, the amount of annual sales recorded is
expected to decrease by approximately 8 billion yen. This becoming the main factor, the consolidated revenue for the fiscal
year ending December 31, 2022 will decrease year-on-year. With the increase in the number of users of the “.c Series,”
monthly sales are expected to accumulate year by year. Therefore, consolidated revenue is expected to turn upward year-onyear from the fiscal year ending in December 31, 2023 onward.
The Group does not expect a significant decrease in fixed cost items in terms of costs because the client base is expected to
grow steadily and revenues is expected to recover from the fiscal year ending December 31, 2023 onward. In addition, it
anticipates an increase in expenses related to sales promotion of the “.c Series,” so it expects SG&A expenses to be about thesame level as the previous fiscal year.
(2) Overview of financial position for the fiscal year under review(i) Analysis of financial position
Total assets at the end of the fiscal year under review increased by 2,202 million yen from the end of the previous fiscal year
to 34,476 million yen (up 6.8% year on year). Current assets increased by 653 million yen (up 8.4% year-on-year), to 8,405
million yen, and non-current assets increased by 1,550 million yen (up 6.3% year-on-year), to 26,071 million yen. The increasein current assets was mainly due to an increase of 496 million yen in trade and other receivables and an increase of 290 million
yen in cash and cash equivalents, despite a decrease of 148 million yen in inventories. The increase in non-current assets was
mainly due to an increase in intangible assets of 2,123 million yen, despite a decrease in property, plant and equipment of 549
million yen.
Total liabilities at the end of the fiscal year under review increased by 690 million yen (up 9.0% year-on-year) to 8,362
million yen. Current liabilities increased by 1,080 million yen (up16.8% year-on-year), to 7,512 million yen. Non-current
liabilities decreased by 389 million yen (down 31.4% year-on-year), to 850 million yen. Current liabilities increased mainly
due to an increase of 1,732 million yen in short-term interest-bearing debt, despite a decrease of 258 million yen in contract
liabilities, a decrease of 168 million yen in other current liabilities, and a decrease of 149 million yen in income taxes payable.
The decrease in non-current liabilities was mainly due to a decrease in long-term interest-bearing debt of 450 million yen,despite an increase in other non-current liabilities of 43 million yen.
Total equity at the end of the fiscal year under review increased by 1,512 million yen, (up 6.1% year-on-year) to 26,114
million yen. The increase in total shareholders' equity was mainly due to an increase of 1,223 million yen in retained earnings
and a decrease of 118 million yen in treasury shares.
As a result, the ratio of equity attributable to owners of the parent to total assets decreased by 0.5% from 76.2% at the end of
the previous fiscal year to 75.7%.
(ii) Cash flow
Cash and cash equivalents ("cash") at the end of the fiscal year under review increased by 290 million yen from the end of
the previous fiscal year to 3,522 million yen. Cash provided by operating activities was 3,783 million yen, cash used ininvesting activities was 3,388 million yen, and cash used in financing activities was 108 million yen.
The situation of each cash flow for the fiscal year under review and their factors are as follows.
(Cash flow from operating activities)
Cash provided by operating activities amounted to 3,783 million yen (down 25.2% year-on-year). This was mainly due tothe recording of profit before tax of 3,233 million yen and depreciation and amortization expense of 2,335 million yen, despitea decrease in cash due to income tax paid of 1,331 million yen and an increase in trade and other receivables of 503 million
yen.
(Cash flow from investment activities)
Net cash used in investing activities was 3,388 million yen (up 22.1% year-on-year), mainly due to expenditure of 3,452
million yen in acquisition of intangible assets.

-3-

(Cash flow from financing activities)
Cash used in financing activities amounted to 108 million yen (down 94.8% year-on-year). This was mainly due to cash
dividends paid of 930 million yen, repayments of lease obligations of 884 million yen, and commitment line-related expensesof 62 million yen, despite an increase in cash resulting from a net increase in short-term loans payable of 1,802 million yen.
(3) Basic policy on profit distribution and dividends for the current and next fiscal years
The Group regards the return of profits to shareholders as an important management issue. Its basic policy is to distribute
earnings in accordance with business results while retaining the surplus required for business development and maintenance offinancial soundness to increase corporate value. The Group aims for a consolidated dividend payout ratio of 35% or more.
In addition, in order to enhance opportunities for returning profits to shareholders, the Group's basic policy is to pay
dividends from retained earnings twice a year, consisting of an interim dividend and a year-end dividend. Interim dividends are
determined by the Board of Directors, and year-end dividends are determined by the annual shareholders’ meeting.
Based on the above policy, the Company will pay an annual dividend of 8.7 per share, including an interim dividend of 4
yen per share.
The dividend forecast for the next fiscal year is undecided at this stage, and will be announced promptly when it becomes
possible to disclose reasonable forecasts in light of the progress of the medium-term management plan announced on February
9, 2022 and the status of retained earnings.

2. Basic policy on selection of accounting standards
The Group has decided to voluntarily adopt International Financial Reporting Standards (IFRS) instead of the previous Japanese
GAAP from the consolidated financial statements in the financial report for the fiscal year ended December 31, 2016, with the aimof enhancing the convenience of various stakeholders, including domestic and overseas shareholders and investors, by improving
the international comparability of financial information and expanding disclosures.

-4-3. Consolidated financial statements and major notes(1) Consolidated statements of financial position(Thousands of yen)
FY2020(As of December 31, 2020)

FY2021(As of December 31, 2021)

3,232,409
3,797,819
355,682
55,000311,078

3,522,045
4,293,360
208,050
85,000296,069

7,751,988

8,404,523

1,822,803
11,802,504
8,425,546
95,703
1,420,760
175,836
778,783

1,273,532
11,802,504
10,548,334
93,4901,241,649
238,413873,530

24,521,935

26,071,452

32,273,923

34,475,975

3,538,577
612,413748,408
554,956
105,529872,547

3,567,899
354,4032,480,024
405,660
704,310

6,432,430

7,512,295

Non-current liabilities
Long-term interest-bearing debts
Obligations for retirement pay
Provisional sum
Deferred tax liabilities
Other non-current liabilities

787,905
172,196
139,102139,825-

337,721208,906
143,903
115,830
43,235

Total non-current liabilities

1,239,027

849,596

7,671,457

8,361,891

7,147,905
7,215,824-3,403,618
13,265,826
374,078

7,147,905
7,291,792-3,285,446
14,488,974
470,859

Total equity attributable to owners of the parent
Non-controlling interests

24,600,015
2,451

26,114,084-

Total equity

24,602,466

26,114,084

32,273,923

34,475,975

AssetsCurrent assets
Cash and cash equivalents
Operating and other receivables
Inventories
Other financial assets
Other current assets
Total current assets
Non-current assets
Property, plant and equipment
Goodwill
Intangible assets
Investments accounted for using equity method
Other financial assets
Other non-current assets
Deferred tax assets
Total non-current assets
Total assets
Liabilities and equity
Liabilities
Current liabilities
Operating and other payables
Contract liabilities
Short-term interest-bearing debts
Accrued income taxes
Other financial liabilities
Other current liabilities
Total current liabilities

Total liabilities
EquityCapital stock
Share premium
Treasury shares
Retained earnings
Other components of equity

Total liabilities and equity-5-(2)Consolidated Statement of Income and Consolidated Statement of Comprehensive Income
Consolidated statements of income(Thousands of yen)
FY2020(January 1, 2020 to
December 31, 2020)
Revenue

21,161,858

FY2021(January 1, 2021 to
December 31, 2021)
20,651,549

Cost of sales-6,087,917-5,753,263

Gross profit

15,073,941

14,898,285

Selling, general and administrative expenses
Other operating income-11,011,958
80,023-11,520,747
29,637-6,784-12,058

Operating profit
Finance income

4,135,221
37,953

3,395,118
84,704

Finance costs
Equity in losses of affiliates-324,802-28,071-241,024-6,085

Profit before tax
Income tax

3,820,301-1,355,678

3,232,712-1,058,511

Profit2,464,623

2,174,202

Profit attributable to:
Owners of the parent

2,464,869

2,172,773

Other operating expenses

Non-controlling interests
Profit

-246

1,429

2,464,623

2,174,202

28.16
27.70

24.72
24.32

Profit per share
Basic earnings per share (yen)Diluted earnings per share (yen)-6-Consolidated statements of comprehensive income(Thousands of yen)
FY2020(January 1, 2020 to
December 31, 2020)
ProfitFY2021(January 1, 2021 to
December 31, 2021)

2,464,623

2,174,202-207,234

50,14918,383-22,297-188,851

27,853-2,499-2,217-258

873-2,757-1,344-191,608

26,5092,273,015

2,200,710

Owners of the parent
Non-controlling interests

2,273,261-246

2,199,281
1,429

Comprehensive income

2,273,015

2,200,710

Other comprehensive income
Items that will not be reclassified to profit or loss
Net change in fair value of financial assets of equity nature
measured at fair value through other comprehensive income
Remeasurements of defined benefit plans
Total items that will not be reclassified to profit or loss
Items that may be reclassified to profit or loss
Exchange differences on translating foreign operations
Share of other comprehensive income of associates accounted
for using the equity method
Total items that may be reclassified to profit or loss
Total other comprehensive income, net of tax
Comprehensive income
Comprehensive income attributable to:-7-(3) Consolidated statements of changes in equity
FY2020 (January 1, 2020 to December 31, 2020)(Thousands of yen)
Equity attributable to owners of the parent
Other components of equity
Capital stock

Balance as of January 1, 2020

Share premium Treasury shares

Retainedearnings

ShareacquisitionrightsShares withrestriction ontransfer

Exchangedifferences ontranslating
foreign
operations

7,147,905

7,199,403-3,456,820

11,928,868

537,744-14,000-44,269

Profit---2,464,869---

Other comprehensive income

-

-

-

-

-

-

-2,757

Total comprehensive income

-

-

-

2,464,869---2,757Purchase of treasury shares

-

-

-29

-

-

-

-

Disposal of treasury shares

-

2,279

11,374--18,899--

Dividends----1,146,294

-

-

-

Share-based payment transactions-

14,142

41,857-205,396-0-

Transfer from other components ofequity to retained earnings

-

-

-

18,383----

16,42153,202-1,127,911

186,496-0-

7,147,905

7,215,824-3,403,618

13,265,826

724,241-14,000-47,026

Total transactions with owners
Balance as of December 31, 2020

(Thousands of yen)
Equity attributable to owners of the parent
Other components of equity
Net change in fair value offinancial assets of equity
Remeasurements
nature measured at fairof defined benefit
value through otherplans
comprehensive income
Balance as of January 1, 2020

Non-controllinginterests

Total

Total equity

Total-81,903-397,573

23,216,929

2,697

23,219,626

-

-

-

2,464,869-246

2,464,623-207,234

18,383-191,608-191,608--191,608

Total comprehensive income-207,234

18,383-191,608

2,273,261-246

2,273,015

Purchase of treasury shares

-

-

-

-29

-

-29

Disposal of treasury shares---18,899-5,247--5,247

Dividends----1,146,294--1,146,294

Share-based payment transactions--

205,396

261,395-

261,395

Transfer from other components ofequity to retained earnings--18,383-18,383

-

-

-

-

-18,383

168,113-890,175--890,175-289,136-

374,078

24,600,015

2,451

24,602,466

ProfitOther comprehensive income

Total transactions with owners
Balance as of December 31, 2020

-8-

FY2021 (January 1, 2021 to December 31, 2021)(Thousands of yen)
Equity attributable to owners of the parent
Other components of equity
Capital stock

Balance as of January 1, 2021

Share premium Treasury shares

Retainedearnings

ShareacquisitionrightsShares withrestriction ontransfer

Exchangedifferences ontranslating
foreign
operations

7,147,905

7,215,824-3,403,618

13,265,826

724,241-14,000-47,026

Profit---2,172,773---

Other comprehensive income

-

-

-

-

-

-

-1,344

Total comprehensive income

-

-

-

2,172,773---1,344

Disposal of treasury shares-

105,560

118,172--171,167--

Dividends----930,035---

Share-based payment transactions

-

-

-

2,708

219,1420-Changes in ownership interest in
subsidiaries--29,592

-

-

-

-

-

Transfer from other components ofequity to retained earnings

-

-

-

-22,297

-

-

-

-

75,968118,172-949,625

47,9750-

7,147,905

7,291,792-3,285,446

14,488,974

772,216-14,000-48,370

Total transactions with owners
Balance as of December 31, 2021

(Thousands of yen)
Equity attributable to owners of the parent
Other components of equity
Net change in fair value offinancial assets of equity
Remeasurements
nature measured at fairof defined benefit
value through otherplans
comprehensive income
Balance as of January 1, 2021

Non-controllinginterests

Total

Total equity

Total-289,136-

374,078

24,600,015

2,451

24,602,466

-

-

-

2,172,773

1,429

2,174,202

50,149-22,297

26,50926,509-26,509Total comprehensive income

50,149-22,297

26,5092,199,281

1,429

2,200,710

Disposal of treasury shares---171,167

52,565-52,565

Dividends----930,035--930,035

Share-based payment transactions--

219,142

221,850-

221,850

Changes in ownership interest in
subsidiaries

-

-

-

-29,592-3,880-33,472

Transfer from other components ofequity to retained earnings-

22,29722,297----22,29770,272-685,213-3,880-689,093-238,987-

470,859

26,114,084-

26,114,084

ProfitOther comprehensive income

Total transactions with owners
Balance as of December 31, 2021-9-

(4) Consolidated statements of cash flows(Thousands of yen)
FY2020(January 1, 2020 to
December 31, 2020)
Cash flow from operating activities
Profit before tax
Depreciation and amortization expense
Share-based payment expense
Finance costs (income)Equity in loss (earnings) of affiliates
Decrease (increase) in trade and other receivables
Decrease (increase) in inventories
Increase (decrease) in trade and other payables
Decrease (increase) in prepaid expenses
Decrease (increase) in long-term prepaid expenses
Increase (decrease) in employees' bonuses payable
Increase (decrease) in contract liabilities
Increase (decrease) in consumption taxes payable
OthersSubtotalInterest received
Dividend received
Interest expenses paid
Income taxes refunded (paid)
Cash flow from operating activities
Cash flow from investing activities
Acquisition of property, plant and equipment
Acquisition of intangible assets
Acquisition of investments
Proceeds from sales and redemption of investments
Loan advances
Collection of loans receivable
Payments for lease and guarantee deposits
Proceeds from collection of lease and guarantee deposits
Purchase of investments accounted for using equity method
OthersCash flow from investing activities
Cash flow from financing activities
Net increase (decrease) in short-term loans payable
Repayments of lease obligations
Cash dividends paid
Purchase of treasury shares
Proceeds from sales of treasury shares
Payments from changes in ownership interests in subsidiaries
that do not result in change in scope of consolidation
Expenses related to commitment lines
Cash flow from financing activities
Impact of exchange fluctuations for cash and cash equivalents
Net increase (decrease) in cash and cash equivalents
Cash and cash equivalents at beginning of period
Cash and cash equivalents at year-end- 10 -FY2021(January 1, 2021 to
December 31, 2021)

3,820,301
2,165,722
257,868
286,854
28,071
480,454-86,800-258,546
63,04741,650-83,568-439,209
175,762
50,0626,501,666
3,289
3,388
-10,602-1,441,348
5,056,393

3,232,712
2,335,383
279,313
163,181
6,085-503,473
147,991-41,533
6,860-28,025-22,380-258,010-232,067
29,9305,115,966
5,434
3,775
-11,349-1,331,269
3,782,557-24,780-2,651,442-63,636490-51,400
6,587-16,7093,317-1
23,894-2,773,681-45,362-3,452,483-65,600
156,343-13,031
19,093-442
13,957-3,387,525-931,362-1,146,294
-29
1,500

1,801,500-884,294-930,035---33,472-8,151-2,084,336
265
198,641
3,033,768
3,232,409-62,044-108,345
2,950
289,636
3,232,409
3,522,045

(5) Notes regarding consolidated financial statements(Notes on the going concern)
Not applicable.
(Segment information)(1) Overview of the reportable segments
With Broadleaf Cloud Platform as the infrastructure of its services, the Group provides core operational software mainly
to the automotive aftermarket. In addition to providing support services and supplies to the Group’s client, it operates
business in a single segment of the IT services business, which provides a one-stop service of various network services,
including an ordering platform for auto parts.

(2) Segment revenue and results
This information is omitted because the Group only has a single business segment.
(Profits per share)
Basic earnings per share and diluted earnings per share and the basis of their calculation are as follows.
FY2020(January 1, 2020 to
December 31, 2020)
Profit attributable to owners of the parent (thousand yen)

FY2021(January 1, 2021 to
December 31, 2021)

2,464,869

2,172,773--

Diluted profit attributable to owners of the parent (thousandyen)

2,464,869

2,172,773

Average number of common shares during the period (shares)

87,529,600

87,904,113

2,162

-

1,440,987

1,439,447

88,972,750

89,343,560

Basic earnings per share (yen)

28.16

24.72

Diluted earnings per share (yen)

27.70

24.32

Adjustments to profit (thousand yen)

Impact of dilutive common shares with dilutive effects
Share acquisition rights (shares)
Board benefit trust (shares)
Diluted average number of common shares during the period(shares)(Significant subsequent events)
Not applicable.

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