Briefing on Financial Results
for the Second Quarter
Ended September 30, 2013

Tokyo Stock Exchange 1st Section （2181）
November 20, 2013

Contents

P2

Part 1 : Marketing Strategy

P13Part 2 : Outline of Consolidated Interim
Financial Results

P22

Reference Materials

Copyright (C) since 2013 Temp Holdings Co., Ltd. All rights reserved.

1

Part 1 :Marketing Strategy

Tokyo Stock Exchange 1st Section （2181）

Summary of Interim Financial Results Announcement for FY March 2014

Consolidated results for the second quarter ended
September 30, 2013 increased significantly due to thegrowth of existing businesses and M&As
*Rounded down. (Units: million yen)

Sales

Operating Income

400,000

365,000

20,00018,000350,000

18,50016,000300,000
250,000

245,062
224,613225,273

233,195

14,000247,232

12,000200,000
150,000

10,000

9,848

8,908

8,000

8,170
6,343

100,000

Interim financial results
for the second quarter
ended September 30,
2013

Sales 174,420
Operating
Income 7,506

6,000

5,748

4,000

50,0002,000
0Operating

Sales 02009/3

2010/3

2011/3

2012/3

2013/3

2014/3

Income(forecast)
Copyright (C) since 2013 Temp Holdings Co., Ltd. All rights reserved.

3

Environment Surrounding the Temp Group

Discussions of amendment to the Worker Dispatching
Act (Labour Policy Council)
Increase in demand following favorable economic
conditions=improvement in supply power
1. Measures for realizing stable employment of temporary staff
2. Measures for gaining temporary staff
3. Approaches toward new labor markets
Supporting employment of women: proximity of workplace and home, shortworking hours, developing irregular working styles
Supporting employment of middle-aged persons: Developing work that can makethe most of their experience and career
Supporting careers toward specialized work: Fostering engineers, supporting theacquisition of qualifications
Supporting employment of the youth: Recruitment of new recent graduates
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4

Mission of the Temp GroupTo become a company that offers personnel service
as a social infrastructure
Realize the transfer of labor in order to respondflexibly to the shift in industry structures(Employment mobility)
Improve the mismatch of employment
and expand appropriate working opportunities(Employment stability)
Copyright (C) since 2013 Temp Holdings Co., Ltd. All rights reserved.

5

Change in Classification of Segments
Segmentation has been changed due to optimization of the business
operation system and establishment of a sales system to realize theTemp Group’s mission of “employment mobility and stability”【Former Segments】】
Temporary Staffing
Tempstaff Technologies
andRecruitment Services【New Segments (from FY March 2014)】】
Temporary Staffing Temporary Staffing andandRecruitment Services Recruitment Services

IT & Engineering

R&D
Outsourcing

Outsourcing
Outsourcing

Tempstaff Technologies
TOYO SOFTWAREENGINEERING

AVC Technology, AVC Multimedia Software,
DRD

Outsourcing

Media and Career
Media and Career (Intelligence Group)Media, Placement, Temporary staffing,
Employment development / New business /overseas

Other
Other
Copyright (C) since 2013 Temp Holdings Co., Ltd. All rights reserved.

IT and Engineering

Other Businesses
6Business Cooperation with Intelligence
Transfer of the recruitment business (Nov. 2013)
The recruitment businesses of Tempstaff and Tempstaff People
were integrated into Intelligence

Expanded sale of “an” within the Group (Sep. 2013)
Expanded sale of “an,” owned by Intelligence, was started using
sales channels of the Temp Group

Transfer of the re-employment support business(within FY2014/3)
The re-employment support business of Intelligence is planned to
be transferred to Tempstaff Career Consulting
Copyright (C) since 2013 Temp Holdings Co., Ltd. All rights reserved.

7

TOPICS (1)*Rounded down. (Units: million yen, %), △= Negative value, Sales are those after eliminating internal transactions, and operating income is that before eliminating internal transactions.
*We renamed the former R&D Outsourcing Segment to IT and Engineering Segment from the Fiscal Year ending March 2014. Simultaneously, we changed the allocation of subsidiaries toeach segment. Figures for the fiscal year ended March 2013 are recalculated after the change in segment structure.

11 Temporary Staffing and Recruitment Services
Sales of the previous year
Operating Income of the previous year
Sales

Sales of the current year
Operating Income of the current year

Orders remained at high levels.
Increases in both sales and profit

49,000Operating Income

2,500

48,0002,000

47,000Aug. 2013: The staffing business of
DOCOMO Service was transferred to theTemp Group. The sales platform will be
deepened by utilizing the Temp Group’s
supply power and matching know-how.

46,0001,500
45,00044,0001,000
43,00042,00041,00040,000

500
Sales
YoY

Sales
YoY

102.9%

105.4%

1Q

2Q

0
3Q

4Q

2Q

3Q

4Q

2013/346,03445,50247,30245,7602014/347,35047,966

Operating
Income2013/3

2,110

1,366

2014/3

2,112

1,619

EBITDA

2013/3

2,307

1,563

2014/3

2,333

1,845

Sales

1Q

2Q
(Cumulative)

91,537
95,317

2,118

2,319

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1,381

1,643

Demand showed a rising trend following
the improvement in business expectations.

Full year
184,600[Global strategy]
Apr. 2013: Tempstaff Indonesia opens
Cikarang office.
Aug. 2013: Tempstaff Korea opens Daegu
office.

(forecast)

193,200

3,476

6,977

3,732

－

3,871

7,833

4,179

－

8

TOPICS (2)*Rounded down. (Units: million yen, %), △= Negative value, Sales are those after eliminating internal transactions, and operating income is that before eliminating internal transactions.
*We renamed the former R&D Outsourcing Segment to IT and Engineering Segment from the Fiscal Year ending March 2014. Simultaneously, we changed the allocation of subsidiaries toeach segment. Figures for the fiscal year ended March 2013 are recalculated after the change in segment structure.

22 IT & Engineering
Sales of the previous year
Operating Income of the previous year
Sales

Sales of the current year
Operating Income of the current year

Significant increase due to M&A effects Operating Income
600
and steady allocation of new graduates

12,00010,000

500

8,000

400

6,000

300

4,000

200

2,000

0

Sales
YoY

Sales
YoY

138.2%

141.4%

1Q

May 2013: Acquired ownership of
DRD, which handles automobile
design/development and development
tests.

100

0

2Q

3Q

4Q

2Q

3Q

4Q

2013/3

7,666

8,003

8,191

8,524

2014/3

10,593

11,313Operating
Income2013/3208

297

2014/3

217

490

EBITDA

2013/3271

360

2014/3

391

686

Sales

1Q

2Q
(Cumulative)

15,67021,907482

545

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444

509

Mar. 2013: Acquired ownership of
AVC Technologies and AVC Multimedia
Software, which develops AV
equipment and software.

Full year
32,386(forecast)

46,600

505

1,432

708

－

631

1,686

1,077

－

Development needs are strong.
Utilization rate of engineers remainstrong.
New graduate engineers have also
been utilized early.

9

TOPICS (3)*Rounded down. (Units: million yen, %), △= Negative value, Sales are those after eliminating internal transactions, and operating income is that before eliminating internal transactions.
*We renamed the former R&D Outsourcing Segment to IT and Engineering Segment from the Fiscal Year ending March 2014. Simultaneously, we changed the allocation of subsidiaries toeach segment. Figures for the fiscal year ended March 2013 are recalculated after the change in segment structure.

33 Outsourcing
Sales of the previous year
Operating Income of the previous year
Sales

Sales of the current year
Operating Income of the current year

High growth was maintained
despite a slight slowdown in net sales

8,000

Operating Income

450
400

7,000

350

6,000

300
5,000
250
4,000
200
3,000

150

2,000

The Group aggressively undertook
local government operations such ascounter operations of the Legal Affairs
Bureau and City Halls.

100

1,000
0

Sales
YoY

Sales
YoY

112.6%

109.2%

1Q

50
0

2Q

3Q

4Q

2Q

3Q

4Q

2013/3

5,802

6,242

6,541

7,000

2014/3

6,532

6,816

Operating
Income2013/326

292

2014/3

68

270

EBITDA

2013/374

340

2014/3

109

315

Sales

1Q

2Q
(Cumulative)

12,045
13,348265

313

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400

453

Companies’ cost awareness remains
strong and the need to outsource isincreasing. On the other hand,
discussions of amendments to theWorker Dispatching Act has led to a waitand-see attitude, resulting in a slight
slowdown in sales.

Full year
25,587(forecast)

30,000

319

984

338

－

415

1,182

424

－

Sharing of information and know-how
within the Group is active. It is promoting
the establishment of a cooperative
system that fully utilizes the strength ofthe organization.
10

TOPICS (4)*Rounded down. (Units: million yen, %), △= Negative value, Sales are those after eliminating internal transactions, and operating income is that before eliminating internal transactions.
*We renamed the former R&D Outsourcing Segment to IT and Engineering Segment from the Fiscal Year ending March 2014. Simultaneously, we changed the allocation of subsidiaries toeach segment. Figures for the fiscal year ended March 2013 are recalculated after the change in segment structure.

44 Media and Career (Intelligence Group)
Sales of the previous year
Operating Income of the previous year

Sales of the current year
Operating Income of the current year

Sales

Operating Income

Performance is robust.
Investments in ads, etc.

20,9001,600

20,8001,400

20,7001,200

20,6001,000

20,500800

20,400600

20,300400

20,200200

20,100The number of job openings and careerchange seekers in DODA reached arecord high. A wide range of careerchange support has been enabled byoffering services in multiple layers.

0
1Q

2Q
1Q

3Q

2Q

3Q

－

－

2014/3

20,333

20,789Operating
Income2013/3－－

2014/3

1,451

1,272

EBITDA

2013/3－－

2014/3

2,547

2,400

Sales

2013/3

4Q
2Q

4Q
－

(Cumulative)－－
41,122－－

Copyright (C) since 2013 Temp Holdings Co., Ltd. All rights reserved.

－－

The Group implemented aggressive
advertising such as the renewal of job
placement information website “an” andTV commercials.

Full year－(forecast)

90,000

－

－

2,723

－

－

－

4,948

－

The Group undertook a large number ofoperations from government offices andlocal governments that can utilize ourknow-how such as employment support
for the young and career changes projects
for the middle-aged.

11

TOPICS (5)*Rounded down. (Units: million yen, %), △= Negative value, Sales are those after eliminating internal transactions, and operating income is that before eliminating internal transactions.
*We renamed the former R&D Outsourcing Segment to IT and Engineering Segment from the Fiscal Year ending March 2014. Simultaneously, we changed the allocation of subsidiaries toeach segment. Figures for the fiscal year ended March 2013 are recalculated after the change in segment structure.

55 Other Businesses
Sales of the previous year
Operating Income of the previous year
Sales

Sales of the current year
Operating Income of the current year

Continued expansion especiallyin re-employment support

1,600

Operating Income

160

1,400

140

1,200

120

1,000

100

800

80

600

60

400

40

200
0

Sales
YoY

Sales
YoY

124.6%

118.4%

1Q

Demand is active despite a decrease inlarge-scale transactions in the reemployment support business due to theturnaround of business expectations aswell as reduced sizes in transactions that
accompany business restructuring.

20
0

2Q

3Q

4Q

3Q

4Q

2013/3

1,029

1,217

1,285

1,125

2014/3

1,281

1,442

2013/316

145

2014/3

28

151

EBITDA

2013/342

171

2014/3

54

167

Sales

2Q

Operating
Income2Q

1Q(Cumulative)

2,246
2,724

140

168

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[Re-employment support business]
The Group undertook re-employment andemployment support operations of Labor
Bureaus and local governments, etc.

1739Full year
4,657(forecast)

5,200

162

320

180

－

213

421

222

－

Implemented measures to improve theskills of staff and support employment inre-employment support, education,
working abroad, and nursing care.

12Part 2 :Outline of Consolidated
Financial Results

Tokyo Stock Exchange 1st Section （2181）

2014/3 2Q: Sales by Segment
Net sales grew in all segments. M&A also contributed to the significant growth.
*Rounded down. (Units: million yen, %) △= Negative value

＋4.1％
％

91,537 95,317
Temporary Staffing and
Recruitment Services
2013/3 2Q

2014/3 2Q＋39.8％％

15,670＋10.8％％

21,907
12,045

2013/3 2Q

2014/3 2Q

41,122

13,3482013/3 2Q

2,246
Media and Career

Outsourcing

IT and Engineering＋21.2％％

2014/3 2Q(Intelligence Group)
2014/3 2Q

2013/3 2Q
Sales

2,724

Other Business2013/3 2Q

2014/3 2Q

2014/3 2Q
Ratio

Sales

Ratio

ChangeYoY

Temporary Staffing and Recruitment Services

91,53775.3

95,31754.6＋3,779104.1

IT and Engineering

15,67012.9

21,907

12.6＋6,237139.8

Outsourcing

12,0459.9

13,3487.7＋1,303

110.8

－

－

41,122

23.5＋41,122－

Media Div.

－

－

8,568

4.9

＋8,568－Career Div.

－

－

8,972

5.1

＋8,972－

Temporary staffing Div.

－－15,8049.1＋15,804－

Outsourcing Div.

－

－

6,353

3.6

＋6,353－

Employment development, new business, overseas Div.

－

－

1,423

0.8

＋1,423

－

2,246

1.9

2,724

1.6

＋477

121.2

121,499

100.0

174,420100.0＋52,920

143.6

Media and Career (Intelligence Group)

Other Business
Total* We renamed the former R&D Outsourcing Segment to IT and Engineering Segment from the Fiscal Year ending March 2014. Simultaneously, we changed the allocation of subsidiaries to each segment.
Figures for the fiscal year ended September 30, 2013 are recalculated after the change in segment structure.

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14

2014/3 2Q: Consolidated Statements of Income
Significant increases in both sales and profits
due to growth in existing businesses as well as M&A effects*Rounded down. (Units: million yen, %) △= Negative value＋43.6％％＋64.8％％＋33.2％％

174,420
7,506

121,499

2,642

4,555
Sales
2013/3 2Q

Operating Income

2014/3 2Q

2013/3 2Q

2013/3 2Q

Ratio

Net Income

2014/3 2Q

2014/3 2Q

3,520

2013/3 2Q

Ratio

Change2014/3 2Q

YoY

2014/3(forecast)Sales

121,499

100.0

174,420100.0＋52,920143.6

365,000

Cost of Sales

102,475

84.3

133,78576.7＋31,310130.6－

Gross Profit

19,024

15.7

40,634

23.3＋21,610

213.6－

Selling, General and
Administrative Expenses

14,46911.933,12819.0＋18,659

229.0－

Operating Income

4,555

3.7

7,506

4.3

＋2,950164.8

18,500EBITDA

5,222

4.3

10,686

6.1＋5,463204.6

24,949Ordinary Income

4,681

3.9

7,433

4.3

＋2,751158.8

18,300Net Income

2,642

2.2

3,520

2.0

＋877

133.2

9,000

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15

2014/3 2Q: Consolidated Balance Sheets*Rounded down. (Units: million yen, %) △= Negative value

2013/3
Actual2014/3 2Q
Ratio

ActualRatio

ChangeAssets97,592100.0

170,307

100.0

72,715Current assets

80,60682.6

78,32546.0△2,281(Cash and Deposits)

44,22545.3

30,023

17.6△14,202(Notes and accounts receivable-trade)

31,99732.8

39,825

23.4

7,827

16,985

17.4

91,98154.0

74,996(Right of trademark)－－11,968

7.0

11,968(Goodwill)

2,162

2.2

58,843

34.6

56,681

Liabilities

33,13634.0

86,53550.8

53,399Current liabilities

29,17829.9

44,32326.0

15,145(Short-term loans payable)

16

0.0

5,011

2.9

4,994

(Current portion of long-term loans
payable)

－

－

2,400

1.4

2,400

3,958

4.1

42,21224.8

38,254(Long-term loans payable)－－

17,07610.0

17,076(Convertible bond-type bond with stockacquisition rights)－－

15,0008.8

15,000Net Assets

64,45566.0

83,771

49.2

19,316

Owners' equity

60,83062.3

79,77446.8

18,943(Capital stock)

2,000

2.0

9,980

5.9

7,980

(Capital surplus)

5,501

5.6

13,5728.0

8,071(Legal retained earnings)

53,68255.0

56,533

33.2

2,851

2,556

2.6

2,675

1.6

118

Non-current assets

Non-current liabilities

Minority interests
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Significant growth due
to M&As

Increased due to M&As

The balance, which was
35,010 million yen as ofend of 1Q, decreased
due to funding by
issuance of CB and newshares for M&As

CBs worth 15,000
million yen were issued
in 2Q

Funding throughissuance of 8 million
new shares in 2Q

16

2014/3 2Q: Consolidated Cash Flow
*Rounded down. (Units: million yen, %) △= Negative value

2012/3
2Q

2013/3
2Q

2013/3
2Q

Change・Income before income taxes

4,596

⇒

7,452

430

⇒

2,039

△1,168⇒△3,042△149⇒△2,103△2,979⇒△5,166

・Amortization of goodwill

Net cash provided byoperating activities

Net cash used ininvestment activities
Net cash used in financing
activities
Increase (decrease) incash and cash equivalents

4,534

2,255

△2,279・Increase (decrease) in operatingdebt
・Decrease (increase) ininventories
・Income taxes paid

△298

△544

3,705

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△50,770

34,183△14,122

2014/3
2Q△50,471

34,728△17,827

・Purchase of investments in
subsidiaries resulting in change in scopeof consolidation－⇒ △49,402－⇒－⇒ △30,007・Proceeds from issuance of bonds－⇒

14,975・Proceeds from issuance of common
stock

－

⇒

15,942・Increase in short-term loans
payable・Decrease in short-term loans
payable35,00017

Transition of Quarterly Business Results
High growth was maintained due to growth in existing businesses and M&A effects
100,000

Sales

4,500

Operating
Income90,0004,000

2012/3 Sales
2013/3 Slaes

80,0003,500
2014/3 Sales

70,0003,000
2012/3 Operating Incom e

60,0002,500

2013/3 Operating Incom e

50,0002,000
40,0002014/3 Operating Incom e

1,500

30,00020,0001,000

10,000500

0*Rounded down. (Units: million yen, %)*△= Negative value

0
1Q

2Q

3Q

2012/3

4Q

2013/3

2014/3

1Q

2Q

3Q

4Q

1Q

YoY

2Q

YoY

3Q

YoY

4Q

YoY

1Q

YoY

2Q

YoY

Sales

56,52056,75557,56562,35460,533

107.1

60,966

107.4

63,320110.062,411

100.1

86,091142.2

88,328

144.9

Cost of Sales

47,34048,242

48,64052,20350,856

107.4

51,618107.0

52,915108.8

52,376100.3

66,006129.8

67,779131.3

Gross Profit

9,179

8,513

8,925

10,151

9,676

105.4

9,348

109.8

10,404116.6

10,03498.9

20,085207.6

20,548219.8

Gross Profit
Rate

16.2

15.0

15.5

16.3

16.0

－

15.3

－

16.4

－

16.1

－

23.3

－

23.3

－

SGA

7,208

6,997

6,967

7,425

7,275

100.9

7,193

102.8

7,378

105.9

7,784

104.8

16,176222.3

16,951

235.7

Operating
Income

1,971

1,515

1,957

2,725

2,400

121.8

2,154

142.1

3,025

154.6

2,250

82.6

3,909

162.8

3,597

167.0

3.5

2.7

3.4

4.4

4.0

－

3.5

－

4.8

－

3.6

－

4.5

－

4.1

－

Operating
Income Ratio

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18

FY March 2014: Consolidated Forecast of Result*Rounded down. (Units: million yen, %), *Sales by segment are those after eliminating internal transactions.

2014/3 Actual

2014/3 Forecast

1st Half

Full year

Forecast

Actual178,500

174,420

97.7

143.6

365,000

100.0

147.6

Temporary Staffing and
Recruitment Services

95,15095,317

100.2

104.1

193,200

52.9

104.7

IT & Engineering

22,70021,907

96.5

139.8

46,600

12.8

143.9

Outsourcing

14,30013,348

93.3

110.8

30,0008.2

117.2

Media & Career(Intelligence Group)

43,85041,122

93.8－

90,00024.7－

Other Business

2,500

2,724

109.0

121.2

5,200

1.4

111.6

Operating Income

7,700

7,506

97.5

164.8

18,5005.1

188.2

Ordinary Income

7,600

7,433

97.8

158.8

18,3005.0

181.1

Net Income

3,500

3,520

100.6

133.2

9,000

2.5

152.8

Sales

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Progress

YoY

Forecast

Ratio

YoY

19

Dividend Policy
Stable dividend payment will be continued according to the progress of business results

Interim dividend for the fiscal year ending March 2014 was 10
yen per share, as planned at the beginning of the term.
Full-year dividends for the current term are planned to be 20
yen (interim: 10 yen, year-end: 10 yen), an increase of 2 yen
on a full-year basis compared to the previous term.
2013/3

2014/3

InterimYear-end

Full year

InterimYear-end(forecast)

Full year(forecast)

Per share

8 yen

10 yen18 yen

10 yen

10 yen20 yen1 units(per 100 shares)

800 yen

1,000 yen

1,800 yen

1,000 yen

1,000 yen

2,000 yen

Cash dividend
paid

1,133 million yen－

Dividend ratio(consolidated)

18.6 %

14.5 %

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20

Disclaimer

The statements concerning the Company’s future businessperformances in this material such as earnings forecasts are
based on information available as of November 20, 2013 to andcertain assumptions deemed to be reasonable by the Company,and do not mean that we promise to achieve these figures.
Actual earnings may differ materially from the statements due toa variety of factors.

Copyright (C) since 2013 Temp Holdings Co., Ltd. All rights reserved.

21

Reference MaterialTokyo Stock Exchange 1st Section （2181）

＜Reference＞ Company Outline*As of September 30, 2013

Company Name

Temp Holdings Co., Ltd.

Capital

9,980,640,000 yen

President

Masamichi Mizuta

Established

October 1, 2008

Business Outline

Planning, management and related tasks in support of Group business activities relating to temporary
labour/for-fee HR placement services, etc

Head Office2-1-1 Yoyogi, Shibuya-ku, Tokyo, Japan

Directors

Chairman and Representative Director
Representative Vice Chairman
President and Representative Director
Executive Vice President
Executive Managing Director
Director
Director
Director (external)

Stock Listing

Tokyo Stock Exchange, First Section

Group Companies

75 consolidated subsidiaries, 1 associated company

Employees

10,721Service Network

301 domestic & 40 overseas office* U.S.A., China, Hong Kong, Taiwan, Seoul, Singapore, Indonesia, Vietnam

Copyright (C) since 2013 Temp Holdings Co., Ltd. All rights reserved.

Yoshiko Shinohara
Mikihiko Hibino
Masamichi Mizuta
Hirotoshi Takahashi
Toshio Saburi
Takao Wada
Kazuomi Morimoto
Carl T. Camden

Full-time Auditor
Auditor (external)
Auditor (external)
Auditor (external)

Hiroshi Shimazaki
Kaoru Arai
Ryosuke Tamakoshi
Naoshige Shindo

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＜Reference＞ Temp Holdings Corporate Philosophy

We pursue job creation possibilities based on a wide range of work styles, work environments, job
descriptions, employment situations etc.

Age, gender and nationality have no bearing. Through the experience of work, we aim to foster arich sense of humanity and support the individual growth of workers.

We contribute to the development of society through individual growth and the creation of job
opportunities.
Copyright (C) since 2013 Temp Holdings Co., Ltd. All rights reserved.

24

＜Reference＞ Temp Group (1)*As of October 1, 2013

Temporary Staffing and Recruitment Services(Localized Operating Companies)(Specialized Operating Companies)

Tempstaff

TEMPSTAFF CROSS

Tempstaff Fukuoka

Integrated HR service provider
Integrated HR service provider in
the Tokai region
Kyushu region

Tempstaff Familie

Nagano / Yamanashi prefecture

Tempstaff Grow

Gunma prefecture

Tempstaff People

Tempbros

Focusing on Fuji Xerox and relatedcompanies
Focuses on providing HR services to the
Kobe Steel Group
Focuses on providing HR services
primarily to the Nikkei newspaper group
Mature age/manufacturing/assembly

Personal

Placement of sales staff

Kobelco Personnel
Tempstaff Media

Support-A(Overseas branches)
Tempstaff Plus

Automotive sales and sales
campaign
specialized workers in the facilities
management segment, late-night officeWorkers

TS Consulting International

U.S.A.

Tempstaff Shanghai
Shanghai Foreign Economic & Trade
Service (SHFESCO)PRC / Shanghai

Tempstaff Creative

Creative related

PRC / Shanghai

Tempstaff Life Advisory

Insurance sales support

Tempstaff Guangzhou

PRC / Guangzhou

Tempstaff Frontier

TS Kelly Workforce Solutions(Tempstaff Hong Kong)

Hong Kong

Tempstaff Taiwan

TaiwanTempstaff Korea

Korea

Tempstaff Singapore

Singapore

Tempstaff Indonesia

Indonesia

TEMP VIETNAM

VietnamThanks Temp
Tempstaff Integration

Copyright (C) since 2013 Temp Holdings Co., Ltd. All rights reserved.

Specializing in physically challenged
candidates
Employment support for the physicallychallenged
Temp Group shared services

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＜Reference＞ Temp Group (2)IT & Engineering(Domestic Japan)(Overseas)*As of October 1, 2013

JAPAN TECSEED

R&D outsourcing support

Tempstaff Technologies

IT sector HR services / outsourcing

TOYO SOFTWARE ENGINEERING

Software outsourcing development

AVC Technology

Design and development of software and hardware for digital audio visual products

AVC Multimedia Software

Development of software and systems for digital audio visual products

GTECHK

Offshore system developing services

TECSEED SHANGHAITechnical consulting in automobile design and manufacturing

Outsourcing(Domestic Japan)(Overseas)

Tempstaff Data

Data processing outsourcing

Japan IDEX

BPO

Tempstaff Life Support

Supporting of insurance advice for firms/health providers & medical examination services

HOWCOMIT support :Help Desks / Service Desks

Tempstaff Sales Support

Sales functions (sector focus) outsourcing

Tempstaff WishChild care

PV NEXT

Pharmacovigilance (PV) information management tasks

Suzhou Tempstaff Data

PRC based data entry centre

Copyright (C) since 2013 Temp Holdings Co., Ltd. All rights reserved.

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＜Reference＞ Temp Group (3)Media and Career (Intelligence Group)(Domestic Japan)(Overseas)

Intelligence Holdings

Holdings company

Intelligence

Media, Placement, Temporary staffing, Outsourcing

Intelligence Business Solutions

ICT outsourcing, system development

Intelligence Benefics

Specializing in physically challenged candidatesIntelligence HITO Research InstituteResearch, HR services

CREDENCE

Specializing in fashion business

BPO Solutions

Sales / HR outsourcing

Intelligence Business Solutions Okinawa

ICT outsourcing, system development

Intelligence Asia

Singapore

Staff Management Consultancy

Hong KongIntelligence SMC Consulting

Hong KongIntelligence Hong Kong

Hong KongIntelligence Anchor Consulting (Shenzhen)

PRC / Shenzhen

Intelligence (Shenzhen)

PRC / Shenzhen

Intelligence Anchor Consulting (Shanghai)

PRC / ShanghaiIntelligence China

PRC / ShanghaiIntelligence (Dalian)

PRC / Dalian

Copyright (C) since 2013 Temp Holdings Co., Ltd. All rights reserved.

*As of October 1, 201327

＜Reference＞ Temp Group (4)*As of October 1, 2013

Other Businesses(Domestic Japan)(Overseas)

Tempstaff Career Consulting

Outplacement/training / HR Consulting

Tempstaff Learning

Employee training / Language training, qualification acquisition support

Tempstaff Welfare

Home- based nursing care/locum care & visiting career service provider

Temp Research InstituteOverseas study support service provider (ICC)

Temp International

Management support of overseas entities

e-Staffing

System development and operations

COSMO USA

Overseas study support in U.S.A.

Copyright (C) since 2013 Temp Holdings Co., Ltd. All rights reserved.

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＜Reference＞ Temp Group History (1)Shares of Support-A Ltd. (a specialized automotive sector / sales campaign HR provider) was acquired and becomes a consolidated
2009

March

subsidiary company.
Shares of Tempstaff Grow Co., Ltd. (HR service provider based in Gunma Prefecture) acquired and becomes a consolidated subsidiarycompany.

April

People Staff Co., Ltd. changed its trade name to Tempstaff People Co., Ltd.

May

Shares of Drake Beam Morin-Japan, Inc. (outplacement services provider) acquired and becomes a consolidated a subsidiary company.

July

November

2010

May

2011

January

Shares of Fuji Xerox Career Net Co., Ltd. acquired and trade name simultaneously changed to TEMPSTAFF CROSS CO., LTD. (provider
of HR solutions primarily to Fuji Xerox Co., Ltd. and related companies) and becomes a consolidated subsidiary company.

Acquisition of JAPAN TECSEED CO., LTD. (R&D outsourcing business) shares and becomes a consolidated subsidiary company.

Share acquisition of major US HR provider Kelly Services Inc. and implementation of strategic alliance.
HOWCOM Co., Ltd. (IT support business focusing on help-desk functions) acquired and becomes a consolidated subsidiary company.
Acquisition of TOYO SOFTWARE ENGINEERING CO., LTD. (software development outsourcer) shares and becomes a consolidated
subsidiary.
Acquisition of Kobelco Personnel Co., Ltd. shares and, consolidation into the Temp Group. Kobelco Personnel Co., Ltd. focuses on

November

supporting the HR needs of Kobe Steel group companies.
Nikkei Staff Co., Ltd. (primary provider of HR services to the Nikkei newspaper group) share acquisition. "Nikkei Staff Co., Ltd." namechanged to Tempstaff Media Co., Ltd. upon consolidation.

Copyright (C) since 2013 Temp Holdings Co., Ltd. All rights reserved.

29

＜Reference＞ Temp Group History (2)

2012

May

AugustPV Next Co., Ltd. specializes in outsourcing of pharmacovigilance (PV) information management tasks and is a consolidated company
established as a joint venture with IUK Inc.
TECSEED SHANGHAI CO., LTD. established in Shanghai, PRC, to handle auto design development tasks.

JV between Asahi Kasei Life Support Corp. (specific health guidance tasks) and, Tempstaff Medical Co., Ltd. to create a consolidated
Novembersubsidiary. Simultaneously, Tempstaff Medical Co., Ltd. changes its trading name to Tempstaff Life Support Co., Ltd.
Tempstaff Hong Kong Ltd. jointly funds a JV with Kelly Services, Inc. to expand the business in the North Asia region (China, Hong Kong,
Taiwan, Korea) and, changes its trading name to TS Kelly Workforce Solutions Limited.

2013

December

TEMP VIETNAM CO., LTD. established as an HR consulting business in Vietnam.

MarchAcquired shares of Panasonic AVC Technology Co., Ltd. (designs and develops software and hardware for digital audio visual products)
and Panasonic AVC Multimedia Software Co., Ltd. (develops software and systems for digital audio visual products), converted into
consolidated subsidiaries. And simultaneously changed the trading names to: AVC Technology Co., Ltd. and, AVC Multimedia SoftwareCo., Ltd.

April

Shares of media/career firm Intelligence Holdings, Ltd. acquired and, becomes a consolidated subsidiary.

May

DRD Co., Ltd. shares acquired and becomes a consolidated subsidiary sub-contracting the design and testing of parts used incommercial vehicle equipment/electronic components.

Copyright (C) since 2013 Temp Holdings Co., Ltd. All rights reserved.

30

＜Reference＞ Transition of Consolidated Business Results*Rounded down. (Units: million yen, %)2009/3
Sales

2010/3

2011/3

2012/3

2014/3(forecast)

2013/3245,062

224,613225,273

233,195

247,232

365,000

14.1

16.8

15.8

15.8

16.0

－

8,908

6,343

5,748

8,170

9,848

18,500

3.6

2.8

2.6

3.5

4.0

5.1

9,245

6,734

6,231

8,434

10,11918,300

3.8

3.0

2.8

3.6

4.1

5.0

4,076

2,950

2,410

3,482

5,888

9,000

Net Profit Ratio

1.7

1.3

1.1

1.5

2.4

2.5

Return on Equity (ROE)

8.9

6.2

5.2

7.1

10.5

－

Total Assets

73,98275,912

79,33686,52997,592－

Net Assets

50,86048,31750,32052,26664,455－Equity Ratio

67.0

60.4

60.2

58.7

63.4

－

Gross Margin Ratio
Operating Income
Operating Income Ratio
Ordinary Income
Ordinary Income Ratio
Net Income

Copyright (C) since 2013 Temp Holdings Co., Ltd. All rights reserved.

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