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.

Consolidated Financial Results for the First Quarter of the
Fiscal Year Ending December 2023 [IFRS] (Consolidated)
Broadleaf Co., Ltd
Stock listing:
Representative:
Scheduled date of commencement of dividend payout
Earnings Supplementary Explanatory Documents
Earnings Results Briefing:

Tokyo Stock Exchange Prime Market
Representative Director, President and CEO Kenji Oyama
Yes
Yes (For institutional investors and analysts)(Amounts of less than JPY one million are rounded)
1. Consolidated Financial Results for 1Q FY2023 (January 1, 2023 to March 31, 2023)(1) Consolidated Operating Results (Cumulative)(% shown is YtoY change)
ProfitTotal
attributable to
Revenue
Operating profit Profit before tax
Profitcomprehensive
owners of theincomeparentMillions
Millions
Millions
Millions
Millions
Millions
%
%
%
%
%
%
of yenof yenof yenof yenof yenof yen1Q FY2023

3,629

11.5

-536)

-

-541

-

-414

-

-405

-

-275

-

1Q FY2022

3,254

-37.4

-737)

-

-646

-

-570

-

-570

-

-586

-

Basic earnings per share Diluted earnings per share
Yen
-4.58
-6.48

1Q FY2023
1Q FY2022

Yen
-4.58
-6.48

(2) Consolidated Financial Position
Total assets
Millions of yen
34,89133,535

1Q FY2023
FY2022

Percentage of equity
attributable to owners of
the parent
Millions of yen%
23,352
66.9
23,63270.5

Equity attributable toowners of the parent

Total equity
Millions of yen
23,374
23,662

2. Dividends
1Q EndYen-

Dividend per share
2Q End3Q End
Yen
Yen
0.00
-

Year-end

FY2022
FY2023
FY2023 (forecast)(NOTE) 1. Revisions to the most recently announced dividend forecasts: None
2. Dividends for FY2023 is not determined at the time.

Total

Yen
1.00

Yen
1.00

-

-

3. Consolidated Earnings Forecasts for FY2023 (January 1, 2023 to December 31, 2023)
Revenue

1H FY2023
FY2023

Millions of
yen
7,100
15,000(% shown is YtoY change)
Profit attributable to Basic earnings per
Operating profit
Profit before tax
owners of the parent
shareMillions ofMillions ofMillions of
%
%
%
%
Yen
yen
yen
yen
8.9
-1,550-1,600-1,400-15.808.4-2,700--2,800(NOTE) Revisions to the most recently announced earnings forecasts: Yes--2,400--27.07

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.

* 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(i) Changes in accounting policies required by IFRS: None(ii) Other changes in accounting policies: None(iii) Changes in accounting estimates: None
(3) Number of shares outstanding (common stock)(i) Number of shares outstanding (including treasury shares) 1Q FY2023 97,896,800 Shares 1Q FY2022 97,896,800 Shares(ii) Number of shares of treasury shares

1Q FY2023

9,277,599 Shares 1Q FY2022

9,507,349 Shares(iii) Average number of shares outstanding (during the period) 1Q FY2023 88,481,351 Shares 1Q FY2022 88,093,743 Shares* Summary of financial statements is outside the scope of audit procedures by certified public accountants and audit 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 plan to hold a briefing in the form of a telephone conference for institutional investors and analysts on
Wednesday, May 10, 2023. The materials used at the meeting will be posted on its website.

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.

○Table of Contents of the Attached Material
1.

2.

Qualitative Information on Operating Results for the first Three Months Ended March 31, 2023…………………………

1(1) Explanation of Operating Results.........................................................................................................................................

1(2) Description of Financial Position.........................................................................................................................................

2(3) Explanation of Consolidated Earnings Forecasts and Other Forward-Looking Information………………………………

3

Consolidated Financial Statements and Major Notes……………………………………………………………………….

4(1) Consolidated Statements of Financial Position……………………………………………………………………………

4(2) Consolidated Statements of Income.....................................................................................................................................

5(3) Consolidated Statements of Comprehensive Income………………………………………………………………………

6(4) Consolidated Statements of Changes in Equity....................................................................................................................

7(5) Consolidated Statements of Cash Flows…………………………………………………………………………………..

9(6) Notes to Consolidated Financial Statements........................................................................................................................

10(Notes on Going Concern) ................................................................................................................................................

10(Segment Information) ......................................................................................................................................................

10

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.
1. Qualitative Information on Operating Results for the first Three Months Ended March 31, 2023
(1) Explanation of Operating Results
During the first three months of the current fiscal year (January 1, 2023 to March 31, 2023), Japanese economy is gradually
picking up with normal economic development due to the lessening of the impact of COVID-19. On the other hand, The Russian
military's invasion of Ukraine has become protracted, and price of things and items have continued to rise. Therefore, theeconomic outlook remains uncertain.
Under such social and economic conditions, companies are increasingly moving toward digital transformation (DX), such as
automating and streamlining business processes and responding to new digital infrastructures. In the domestic mobility sector,
where many of our customers belong, the Group has seen a positive stance toward investing in IT that not only improves
operational productivity, but also enhances the added value of products and services provided to consumers and leads to thecreation of new businesses.
Based on our corporate philosophy of “Gratitude and Happiness”, Broadleaf Co., Ltd group (hereinafter “the Group”) is
implementing our Medium-Term Management Plan (2022-2028) (hereinafter “the Plan”). Our performance targets for the fiscal
year ending December 31, 2028, the final year of the plans, which are consolidated revenue of 32.5 billion yen, operating incomeof 13 billion yen (operating margin of 40%), and profit attributable to owners of the parent of 8 billion yen. The Group is
promoting two growth strategies, "Cloud Penetration" and "Service Expansion."
The fiscal year ending 2023 is revenue enters a growth trend toward the achievement of the Plan. In the previous fiscal year
(fiscal year ending December 31, 2022), the first year of the Plan, the Group has started offering Cloud services and shifted to amonthly subscription-type business model as a foundation for revenue growth. In the recent fiscal year (fiscal year ending
December 31, 2023), the second year of the Plan, the Group proactively proposed Cloud services that will lead to customer DX
not only for domestic mobility sector but also for non-mobility sector. As a result, the accumulation of recurring sales throughmonthly subscription services will progress further from the previous fiscal year, and revenue will enter a growth trend.
In addition, the Group is providing services for users in a wide range of industries and types of businesses by incorporatinglarge-sized language model and knowledge database that utilizes the massive proprietary data of Mobility sector owned by theGroup, and the generation-type AI function built by combining "ChatGPT" into the ".c Series" and the ".DX Series". Throughthese measures, the Group will solve the problems that arise from the chronic shortage of human resources, EV of vehicles, andthe advancement of automobiles that accompany the evolution of automated driving functions. In addition to Mobility sector,
the Group aims to improve productivity through the streamlining of various sector operations. In this way, the Group will increase
the added value of services provided to customers.
Against this backdrop, the Group was able to exceed our initial forecasts for the first three months of the current fiscal year.
The Group strengthened sales of various DX solutions centered on “.c Series” of cloud software, our mainstay product. This
resulted in a steady increase in the total number of customers and a significant increase in recurring sales in the monthly
subscription service. Orders for packaged software, mainly for non-mobility sector, also performed well, exceeding the initial
forecast. In terms of costs, the Group made upfront investments to prepare for future service expansion, such as strengthening
the foundation for providing Cloud services. At the same time, the Group worked to reduce administrative costs by improving
the efficiency of our business processes.
As a result of these factors, in the first three months of the current fiscal year, revenue amounted to 3,629 million yen (up11.5% year on year), the operating loss was 536 million yen (loss of 737 million yen in the same period of the previous fiscal
year), the loss before income taxes was 541 million yen (loss of 646 million yen in the same period of the previous fiscal year),and the loss attributable to owners of the parent was 405 million yen (loss of 570 million yen in the same period of the previous
fiscal year). As a result, the fiscal year in which revenue begins a growth trend toward the achievement of the Plan
The Group only has a single business segment of IT services, but the breakdown of revenues by service category is asfollows.
(Millions of yen)
1Q FY2022
1Q FY2023
Category(January 1, 2022
(January 1, 2023
YoY ratio
to March 31, 2022)
to March 31, 2023)
Cloud services

517

935

80.9%

Packaged system

2,737

2,694

-1.6%

Total

3,254

3,629

11.5%

Cloud services
Consists of usage fees for “.c Series” and other monthly subscription-based software, as well as usage fees or commissions
related to platforms for ordering automotive aftermarket parts.
The Mobility sector customers who use our “.NS Series” package software have gradually switched to “.c Series” upon the
expiration of their usage rights (mostly for 6 years). In addition, “.c Series” is highly convenient and the menu system is-1-

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.
flexible, so the number of new customers is increasing significantly. Furthermore, the number of “Dencho.DX”, which iscovered Electronic Book Storage Act, and other DX solutions offered is increasing. With the increase in the number ofcustomers for these monthly subscription-based software, revenue from Cloud services increased 80.9% year on year.
Packaged system
Comprised of sales proceeds from sales of “.NS series” and other packaged software (leased or sold out), commissions forvarious services required for the use of Packaged software, and sales proceeds for PC and other equipment and supplies.
Sales of support services related to the use of “.NS series” were firm, and orders for packaged software for non-mobility
sector were strong, and sales of equipment were also steady. On the other hand, revenue from packaged system was flat year
on year (down 1.6%) due to the ended sales of leasing contracts of packaged software for Mobility sector by sales agents.
Ended sales of leasing contracts for packaged software for the mobility industry by distributors(2) Description of Financial Position.
(i) Analysis of financial condition(Assets)
Assets at the end of the first quarter of the current fiscal year increased by 1,356 million yen from the end of the previous
fiscal year to 34,891 million yen. Current assets decreased by 37 million yen to 6,518 million yen and non-current assets
increased by 1,393 million yen to 28,373 million yen. Current assets decreased mainly due to a decrease of 156 million yen in
cash and cash equivalents, despite an increase of 66 million yen in inventories and 59 million yen in other current assets. The
increase in non-current assets was mainly attributable to increases of 729 million yen in property, plant and equipment, 419
million yen in intangible assets, and 218 million yen in other financial assets.
(Liabilities)
Liabilities at the end of the first quarter of the current fiscal year increased by 1,644 million yen from the end of the previous
fiscal year to 11,517 million yen. Current liabilities increased 1,012 million yen to 7,594 million yen, while non-current liabilities
increased 632 million yen to 3,923 million yen. Current liabilities increased mainly due to increases of 975 million yen in shortterm interest-bearing debt and 437 million yen in contract liabilities, despite decreases of 278 million yen in other current
liabilities and 120 million yen in trade and other payables. The increase in non-current liabilities was mainly attributable to anincrease of 631 million yen in long-term interest-bearing debt.
(Equity)
Equity decreased by 288 million yen from the end of the previous fiscal year to 23,374 million yen at the end of the firstquarter of the current fiscal year. The decrease in capital was mainly due to an increase in capital surplus of 84 million yen, an
increase in other components of equity of 65 million yen, a decrease in treasury stock of 61 million yen, and a decrease in retained
earnings of 489 million yen.
(ii) Analysis of cash flows
Cash and cash equivalents (hereinafter "the Cash") at the end of the first quarter of the current fiscal year decreased by 156
million yen from the end of the previous fiscal year to 3.301 billion yen.
The situation of each cash flow and its factors for the first quarter of the current fiscal year are as follows.
(Cash flow from operating activities)
The Cash provided by operating activities was 136 million yen (year-on-year increase of 395.1%). This was mainly due todepreciation and amortization of 668 million yen and an increase in contractual liabilities of 437 million yen, despite a loss of
541 million yen for the quarterly period before tax, a decrease of 244 million yen in accrued employee bonuses, a decrease of
123 million yen in trade and other payables, and an increase of 66 million yen in inventories.
(Cash flow from investment activities)
The Cash used in investing activities was 854 million yen (year-on-year increase of 11.3%). This was mainly due to an
expenditure of 854 million yen for the acquisition of intangible assets.
(Cash flow from financing activities)
The Cash provided by financing activities was 561 million yen (year-on-year decrease of 2.2%). This was mainly due to a netincrease in short-term loans payable of 920 million yen, despite repayments of lease liabilities of 264 million yen and cash
dividends paid of 88 million yen.

-2-

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.

(3) Explanation of Consolidated Earnings Forecasts and Other Forward-Looking Information.
As described in the Medium-Term Management Plan (2022-2028) announced on February 9, 2022, the Group aims to
expand our business through the provision of various Cloud services and to become a “Leading Company in SaaS field” and“One-of-a-Kind Platform Company”.
The earnings forecasts for the one half of the fiscal year ending December 2023 have been revised in consideration of thebusiness results and performance progress during the first quarter. As announced on February 10, 2023, the full-year earnings
forecast remains unchanged.

-3-

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.
2. Consolidated Financial Statements and Major Notes(1) Consolidated statements of financial position(Thousands of yen)
FY2022(As of December 31, 2022)

1Q Ended FY2023(As of March 31, 2023)

AssetsCurrent assets
Cash and cash equivalents

3,456,772

3,301,092

Operating and other receivables

2,602,057

2,595,302

Inventories

130,890

196,844

Other current assets

365,715425,177

Total current assets

6,555,434

6,518,416

Non-current assets
Property, plant and equipment

1,038,983

1,767,985

Goodwill

11,189,504

11,189,504

Intangible assets

11,771,237

12,190,735

83,012

77,312Other financial assets

1,364,416

1,582,140

Other non-current assets

250,391

215,170

Deferred tax assets

1,282,511

1,349,902

Total non-current assets

26,980,055

28,372,748

33,535,490

34,891,164

Investments accounted for using equity method

Total assets
Liabilities and equity
Liabilities
Current liabilities
Operating and other payables
Contract liabilities
Short-term interest-bearing debts

2,672,827

2,552,847

926,182

1,363,102

2,270,443

3,245,688

Accrued income taxes

8,421

5,958

Other current liabilities

704,634

426,745

Total current liabilities

6,582,508

7,594,340

Long-term interest-bearing debts

2,877,710

3,509,145

Obligations for retirement pay

232,191

236,712

Provisional sum

142,292

142,436

Other non-current liabilities

38,671

34,405

Total non-current liabilities

3,290,865

3,922,698

9,873,373

11,517,038

Non-current liabilities

Total liabilities
EquityCapital stock

7,147,905

7,147,905

Share premium

7,366,245

7,450,391

Treasury shares-3,167,193-3,106,595

Retained earnings

11,656,730

11,167,623

Other components of equity
Total equity attributable to owners of the parent
Non-controlling interests
Total equity
Total liabilities and equity-4-628,237

693,046

23,631,923

23,352,369

30,19421,757

23,662,116

23,374,126

33,535,490

34,891,164

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.

(2) Consolidated statements of income(Thousands of yen)
1Q FY2022(January 1, 2022
to March 31, 2022)

1Q FY2023(January 1, 2023
to March 31, 2023)

Revenue

3,254,368

3,629,491

Cost of sales-1,194,847-1,483,319

Gross profit

2,059,521

2,146,172

Selling, general and administrative expenses-2,806,391-2,696,532

Other operating income

9,751

42,774

Other operating expenses-29-28,103

Operating income-737,148-535,688

Finance income

110,111

21,842Finance costs-16,001-21,288

Equity in profits of affiliates
Quarterly profit before income taxes
Income tax-3,242-5,700-646,280-540,835

75,803

127,102-570,477-413,733-570,477-405,296--8,437-570,477-413,733

Basic quarterly earnings per share (yen)

-6.48

-4.58

Diluted quarterly earnings per share (yen)

-6.48

-4.58

Quarterly profit
Quarterly profit attributable
Owners of the parent
Non-controlling interests
Quarterly profit
Quarterly earnings per share-5-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.
(3) Consolidated statements of comprehensive income(Thousands of yen)
1Q FY2022(January 1, 2022
to March 31, 2022)
Quarterly profit

1Q FY2023(January 1, 2023
to March 31, 2023)-570,477-413,733-14,966

139,184-14,966

139,184-1,791

-409

823

-

-968

-409

-15,934

138,775-586,411-274,957-586,411-266,521

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
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
Owners of the parent
Non-controlling interests--8,437

Comprehensive income-586,411-274,957-6-

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.
(4) Consolidated statements of changes in equity
1Q FY2022 (January 1, 2022 to March 31, 2022)(Thousands of yen)
Equity attributable to owners of the parent
Other components of equity
Capital stock

Balance as of January 1, 2022

Share premium Treasury shares

Retainedearnings

Shares withrestriction ontransfer
Stock

Warrants

7,147,905

7,291,792-3,285,446

14,488,974

772,216-14,000

Quarterly profit

-

-

-

-570,477--

Other comprehensive income

-

-

-

-

-

-

Total comprehensive income

-

-

-

-570,477--

Purchase of treasury stock

-

-

-14

-

-

-

Disposal of treasury shares-

85,962

66,445--152,407-

Dividends----413,579--

Share-based payment transactions

-

-

-

7,030

50,831

14,000Total transactions with owners-

85,962

66,431-406,550-101,576

14,000

Balance as of March 31, 2022

7,147,905

7,377,754-3,219,015

13,511,947

670,639-(Thousands of yen)
Equity attributable to owners of the parent
Other components of equity

Exchangedifferences ontranslating
foreign
operations

Net change infair value offinancial assets
of equity
naturemeasured atfair value
through othercomprehensive
income-48,370-238,987

470,859

26,114,084

26,114,084

-

-

-

-570,477-570,477-968-14,966-15,934-15,934-15,934

Total comprehensive income-968-14,966-15,934-586,411-586,411

Purchase of treasury stock

-

-

-

-14

-14

Disposal of treasury shares---152,407--

Dividends----413,579-413,579

Share-based payment transactions--

64,831

71,86071,860Total transactions with owners---87,576-341,733-341,733

Balance as of March 31, 2022

-49,338-253,953

367,348

25,185,940

25,185,940

Balance as of January 1, 2022
Quarterly profit
Other comprehensive income-7-

Total equity

Total

Total

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.
1Q FY2023 (January 1, 2023 to March 31, 2023)(Thousands of yen)
Equity attributable to owners of the parent
Other components of equity
Capital stock

Balance as of January 1, 2023

Share premium Treasury shares

Retainedearnings

Shares withrestriction ontransfer
Stock

Warrants

7,147,905

7,366,245-3,167,193

11,656,730

812,624-12,888

Quarterly profit

-

-

-

-405,296--

Other comprehensive income

-

-

-

-

-

-

Total comprehensive income

-

-

-

-405,296--

Disposal of treasury shares-

84,14660,598--144,744-

Dividends----88,389--

Share-based payment transactions

-

-

-

4,579

57,89012,888

Total transactions with owners-

84,14660,598-83,811-86,854

12,888

Balance as of March 31, 2023

7,147,905

7,450,391-3,106,595

11,167,623

725,771-(Thousands of yen)
Equity attributable to owners of the parent
Other components of equity

Exchangedifferences ontranslating
foreign
operations

Net change infair value offinancial assets
of equity
naturemeasured atfair value
through othercomprehensive
income-41,414-130,086

628,237

-

-

-409

Total comprehensive income

Non-controllinginterests

Total equity

23,631,923

30,194

23,662,116--405,296-8,437-413,733

139,184

138,775

138,775-

138,775-409

139,184

138,775-266,521-8,437-274,957

Disposal of treasury shares---144,744---

Dividends----88,389--88,389

Share-based payment transactions--

70,77875,357-75,357

Total transactions with owners---73,966-13,033--13,033

Balance as of March 31, 2023

-41,822

9,098

693,046

23,352,369

21,757

23,374,126

Balance as of January 1, 2023
Quarterly profit
Other comprehensive income

-8-

Total

Total

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.
(5) Consolidated statements of cash flows(Thousands of yen)
1Q FY2022(January 1, 2022
to March 31, 2022)

1Q FY2023(January 1, 2023
to March 31, 2023)

Cash flow from operating activities
Quarterly profit before income taxes-646,280-540,835

Depreciation and amortization expense

640,713668,203

Share-based payment expense

75,70077,655

Finance costs (- shown is income)-94,1109-3,242-5,7001,872,235

5,280

Equity in losses (- shown is earnings) of affiliates
Decrease (- shown is increase) in trade and other receivables
Decrease (- shown is increase) in inventories
Increase (- shown is decrease) in trade and other payables
Decrease (- shown is increase) in prepaid expenses

13,031-65,955-1,002,348-122,779-79,139-47,065

Decrease (- shown is increase) in long-term prepaid expenses

17,40525,846

Increase (- shown is decrease) in employees' bonuses payable-258,571-244,486

Increase (- shown is decrease) in contract liabilities-33,073

436,920

Increase (- shown is decrease) in consumption taxes payable-31,157-21,072

Others-53,437-31,132

Subtotal

424,211146,291

Interest received
Interest expenses paid
Income taxes paid or refunded (- shown is payment)
Cash flow from operating activities

11

43-2,901-3,944-393,813-6,20027,507

136,189-1,586-1,180-832,516-854,440--592

Cash flow from investing activities
Acquisition of property, plant and equipment
Acquisition of intangible assets
Loan advances

65,251

1,298

Payments for lease and guarantee deposits

Collection of loans receivable

-256

-197

Proceeds from collection of lease and guarantee deposits

1,398

938

-767,708-854,173

1,201,000

920,000

Repayments of lease obligations-210,421-264,247

Cash dividends paid

-413,579-88,389

Expenses related to commitment lines-3,205-6,069Cash flow from financing activities

Cash flow from investing activities
Cash flow from financing activities
Net increase (- shown is decrease) in short-term loans payable573,795

561,295

Impact of exchange fluctuations for cash and cash equivalents

2,127

1,008

Net increase (- shown is decrease) in cash and cash equivalents-164,279-155,680

Cash and cash equivalents at beginning of period

3,522,045

3,456,772

Balance of cash and cash equivalents at end of period

3,357,766

3,301,092-9-

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.
(6) Notes regarding consolidated financial statements(Notes on the going concern)
Not applicable.
(Segment information)
This information is omitted because the Group only has a single business segment of the IT services.

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