(Note) This English translation of the summary of the financial statement was prepared for reference only.
In the event of any discrepancy between this translation and the Japanese original, the original shall prevail.

Summary of Consolidated Financial Statements
For the Nine Months of Fiscal Year Ending March 31, 2023
(Japanese GAAP)

February 6, 2023

Listed company name: UT Group Co., Ltd.
Stock Exchange Listing: Tokyo
Code number:
2146
URL: https://www.ut-g.co.jp
Representative:
Yoichi Wakayama, President, Representative Director & CEO
For inquiries:
Takahito Yamada, Senior Executive Officer, General Affairs Division Manager
TEL: 03-5447-1710
Scheduled date of filing securities report: February 7, 2023
Schedule date of cash dividend payment: ―Supplemental material for the financial results provided: Yes (Uploaded on the Company’s website on February 6, 2023)
Results briefing for the period under review provided: No (The briefing video will be uploaded on the Company’s website on February 6, 2023)(All amounts are rounded down to the nearest million yen.)
1. Consolidated Results for the Nine Months of FY3/2023 (April 1, 2022 – December 31, 2022)(1) Consolidated Earnings Results(Percentages indicate year-on-year changes.)
Profit attributable
Sales
EBITDA
Operating profit
Ordinary profit
to owners of theparentMillion yen
Millionyen
Millionyen%%% Million yen% Million yen%
3Q of FY3/2023

128,092

12.4

12,082 124.9

5,606

26.2

5,526

24.9

1,758

-4.8

3Q of FY3/2022

113,995

37.9

5,372

4,443

-22.4

4,424

-23.0

1,846

-50.5

-14.7

(Note) Comprehensive income: 3Q of FY3/2023 2,338 million yen (11.1%); 3Q of FY3/2022 2,105million yen (-44.1%)
Net profit
Net profit
per share, diluted
per share
Yen
Yen
3Q of FY3/2023

43.58

―

3Q of FY3/2022
45.75―
EBITDA = Operating profit + Depreciation (Property, plant and equipment, and Intangible assets) + Amortization+ Stock-based compensation expenses(2) Consolidated Financial Position
Total assets
3Q of FY3/2023

Net assets

Equity ratio

Million yen

Million yen%

70,50727,99229.5

64,107
21,232
30.8
FY3/2022(Reference) Equity capital: 3Q of FY3/2023 20,790 million yen; FY3/2022 19,748 million yen
2. Cash Dividends(Record date)

Dividend per share
1Q-end2Q-end3Q-endFY-end

Yen

Yen

Yen

Yen

Yen

FY3/2022

0.00

0.00

0.00

24.00

24.00

FY3/2023

0.00

0.00

0.00
―

―

FY3/2023 (Plan)(Notes) Revision of the dividend forecast disclosed recently: None
The dividend forecast for FY3/2023 is undecided.

Total

(Note) This English translation of the summary of the financial statement was prepared for reference only.
In the event of any discrepancy between this translation and the Japanese original, the original shall prevail.

3. Consolidated Forecasts for FY3/2023 (April 1, 2022 – March 31, 2023)(Percentages indicate year-over-year changes.)
Sales

EBITDA

Operating profit

Ordinary profit

Profit attributable toowners of the parent

Profit per share

Million yen% Million yen% Million yen% Million yen% Million yen%
Full year
180,000 14.8
15,000 99.9
7,700 23.1
7,500 26.0
3,200 1.9(Note) Revision of the earnings forecasts disclosed recently: None
EBITDA = Operating profit + Depreciation (Property, plant and equipment, and Intangible assets)+ Amortization + Stock-based compensation expenses

Yen
79.28

* Notes(1) Changes in significant subsidiaries during the period (changes in specified subsidiaries resulting in changes in scope of
consolidation) : Yes
Excluded : 1
Company name : Green Speed Co., Ltd.
(2) Use of particular accounting procedures in preparation of quarterly consolidated financial statements: Yes(3) Changes in accounting policies and accounting-based estimates, and restatements(a) Changes in accounting policies due to revisions in accounting standards and others:(b) Changes in accounting policies other than (a) above:(c) Changes in accounting-based estimates:(d) Restatements:

Yes
None
None
None

(4) Number of outstanding shares (common stock)(a) Number of shares outstanding at the end of the period (including treasury shares):3Q of FY3/2023
40,363,067
FY3/2022
40, 363,067(b) Number of treasury shares at the end of the period:
3Q of FY3/2023
281
FY3/2022180(c) Average number of shares outstanding during the period:
3Q of FY3/2023
40,362,858
3Q of FY3/2022
40,362,889* The Summary of Quarterly Consolidated Financial Statements is not subject to be reviewed by certified public
accountants and auditing firms.
* Cautionary statement with respect to forecasts of future performance and other special items
Forecasts regarding future performance and other forward-looking statements in these materials are based on certain
assumptions judged to be valid and information currently available to the Company. These statements are not promises
by the Company regarding future performance. Actual performance may differ significantly from these forecasts for anumber of reasons. For precautions on usage of forecasts of future performance, please refer to the section “1. Qualitative
Information on Financial Results for Current First Half, (3) Description of Consolidated Earnings Forecast and Other
Forward-looking Information” on page 3 of the attachments.
The supplemental material for the financial results and the results briefing video are scheduled to be uploaded on the
Company’s website on February 6.

UT Group Co., Ltd. (Code 2146): Summary of Consolidated Financial Statements for the Nine Months of FY3/2023

1. Qualitative Information on Financial Results for the Nine Months of FY3/2023(1) Analysis of Operating Results
In the first nine months of FY3/2023 (April 1, 2022 - December 31 2022), while the COVID-19 infections continued tohave affected Japan, its economic outlook remained uncertain due to rising prices of raw material and energy, which
was prompted by Russia's invasion of Ukraine, a surge in prices in general, policy interest rate increases in various
countries, the depreciation of the yen, and the prolonged problem of supply constraints driven by global supply chain
disruptions.
Concerning the environment surrounding UT Group, although demand for semiconductors is expected to increase overthe medium to long term on the back of the expansion of information and communication technology and the accelerationof global decarbonization, capital investment and production activities by semiconductor manufacturing equipment(SME) makers and semiconductor makers have recently been affected by inventory adjustments and other factors andhave shown a sign of slowdown. Meanwhile, automobile-related manufacturers have intermittently suspended operation
mainly due to shortages of parts supply.
Under these circumstances, UT Group advanced its Fourth Medium-term Business Plan (FY3/2021 - FY3/2025). Witha medium-term target of “creating a diversity & inclusion workstyle platform,” the following three growth strategies havebeen promoted: One-stop Strategy to provide personnel to large manufacturers; Area Platform Strategy; and Solution
Strategy. In the core business of worker dispatch to large manufacturers, the Company aims to enhance developmentof SME engineers so as to raise its share in all processes at client factories. The Company also seeks to establish astable employment environment in local workplaces via alliances with and M&As of local major companies, and to further
expand and strengthen its business base by supporting personnel mobilization of large corporate groups.
The current FY3/2023 is the third year of the Medium-term Business Plan. The Company is seeking to raise its top line
based on the increased number of technical employees accumulated through the enhanced hiring activities in theprevious year. The Company has been making efforts to establish a leaner business base and improve profitability inorder to realize accelerated growth over the medium to long term.
Effective April 1, 2022, UT Group carried out a major reorganization within the Group. Operating companies with
common business characteristics were integrated to enhance the ability to execute each growth strategy of the Mediumterm Business Plan. In addition, since April 2022, we have been gradually introducing a new business system tostandardize and communize administration and other tasks among the operating companies with the aim of improving
labor productivity and further optimizing staffing. Moreover, efforts to improve hiring efficiency have been made byintegrating job opportunities held by each operating company and promoting optimal hiring operations.
As a result, in the first nine months of FY3/2023, UT Group recorded net sales of 128,092 million yen (up 12.4% from113,995 million yen in the same period of the previous year), operating profit of 5,606 million yen (up 26.2% from 4,443
million yen), EBITDA of 12,082 million yen (up 124.9% from 5,372 million yen), ordinary profit of 5,526 million yen (up24.9% from 4,424 million yen), and profit attributable to owners of the parent of 1,758 million yen (down 4.8% from 1,846
million yen). The number of technical employees was 46,549 (up 6,471 from 40,078 a year ago).
With regard to expenses, stock-based compensation expenses of 5,568 million yen have been recorded in light of theincreased probability of achieving the performance conditions for the exercise of stock acquisition rights resolved at themeeting of the Board of Directors held on May 20, 2020.
* EBITDA = Operating profit + Depreciation (Property, plant and equipment, and Intangible assets) + Amortization+ Stock-based compensation expenses-1-

UT Group Co., Ltd. (Code 2146): Summary of Consolidated Financial Statements for the Nine Months of FY3/2023

The operating results of each business segment are summarized below. From the first quarter of FY3/2023, the segmentclassification has been changed from the previous three segments (Manufacturing, Solution, and Engineering) to fivesegments (Manufacturing, Area, Solution, Engineering, and Overseas). The year-over-year comparison has therefore
been made using the reclassified segment basis for the first quarter of FY3/2022. Please see details in (Segment
Information) of "(3) Notes to the Quarterly Consolidated Financial Statements” in “2. Quarterly Consolidated Financial
Statements and Significant Notes.”(Manufacturing Business)
In the first nine months of FY3/2023, the "Transportation Equipment" subsegment continued to experience production
adjustments by automobile-related manufacturers due to a shortage of parts and materials. The "Industrial andCommercial Machinery" and "Electronics" subsegments have cautiously carried out hiring activities since the beginningof autumn, taking into account customer conditions such as postponing new demand for increased headcount due tothe impact of inventory adjustments in semiconductors and other factors. Under these circumstances, the number oftechnical employees increased slightly year-on-year, and segment sales increased due to the promotion of high-level
human resource management and the dispatch of highly-skilled workers who were developed in-house. In terms of
expenses, segment profit increased due to successful efforts to reduce SG&A expenses such as streamlining hiringrelated expenses.
As a result, in the first nine months of FY3/2023, the segment recorded net sales of 62,274 million yen (up 11.9% from55,666 million yen in the same period of the previous year) and segment profit of 8,528 million yen (up 89.9% from4,491 million yen), while the number of technical employees was 14, 597 (up 42 from 14,555 a year ago).
(Area Business)
The Area Business strived to develop new clients and deal with more diversified job openings of its existing clients ineach of its operating areas, so that to respond to diverse needs of job applicants. The segment conducted hiring activities
accordingly, which resulted in a significant increase in the number of technical employees and sales growth in the firstnine months of FY3/2023. Segment profit also increased due to efforts to reduce SG&A expenses, such as commonizing
the operating base through the Group’s major reorganization on April 1, 2022.
As a result, in the first nine months of FY3/2023, the segment recorded net sales of 38,254 million yen (up 16.8% from32,754 million yen in the same period of the previous year) and segment profit of 1,561 million yen (loss of 613 millionyen), while the number of technical employees was 13,095 (up 1,538 from 11,557 a year ago).
(Solution Business)
In the first nine months of FY3/2023, the Solution Business segment sales decreased as the positive effects of sales
increase from UT FSAS Creative, which became a consolidated subsidiary in October 2021, came to an end and dueto the sale of UT System Products Co., Ltd. at the end of March 2022. The segment, however, increased profits due toan increase in the number of technical employees at the existing subsidiaries and an increase in operation at some
contract sites.
As a result, in the first nine months of FY3/2023, the segment recorded net sales of 13,936 million yen (down 6.4% from
14,893 million yen in the same period of the previous year) and segment profit of 156 million yen (up 587.4% from 22
million yen), while the number of technical employees was 3,116 (up 63 from 3,053 a year ago).
(Engineering Business)
In the nine months of FY3/2023, approximately 200 new graduates who joined UT Group in April 2022 were assigned
and in active operation at an early stage. The segment’s efforts to develop and assign new graduates have beensuccessful and the new graduates who joined this year were assigned and became operational at an earlier time thanthose who joined in the previous year. In addition, order booking was favorable for both the construction and IT fields,-2-

UT Group Co., Ltd. (Code 2146): Summary of Consolidated Financial Statements for the Nine Months of FY3/2023

and the number of technical employees increased y-o-y, resulting in an increase in segment sales and profit.
As a result, in the first nine months of FY3/2023, the segment recorded net sales of 6,772 million yen (up 14.9% from5,896 million yen in the same period of the previous year) and segment profit of 790 million yen (up 42.0% from 557
million yen), while the number of technical employees was 1,533 (up 182 from 1,351 a year ago).
(Overseas Business)
In the nine months of FY3/2023, Vietnam’s economy achieved a clear recovery, as COVID-19 restrictions were lifted
and GDP maintained high growth. The Overseas Business has expanded its business areas from the southern region
centering on Ho Chi Minh City, Vietnam, where it has offices, to the northern region centering on Hanoi, and made efforts
to acquire contracts from Japanese companies. The number of technical employees tends to seasonally decreasearound the time of the Tet Lunar New Year holiday (from late January to mid- February) in Vietnam, but the relaxationof COVID-19 restrictions in October 2021 led to lifting of restrictions in production activities. As a result, a higher numberof technical employees continued be active in operation in 2022 compared to the previous year, and the Overseas
Business increased sales and profit.
As a result, in the first nine months of FY3/2023, the segment recorded net sales of 6,871 million yen (up 42.8% from

4,811 million yen in the same period of the previous year) and segment profit of 154 million yen (loss of 1 million yen),while the number of technical employees was 14,208 (up 4,646 from 9,562 a year ago).
Please note that the Overseas Business recorded its results for the January-September 2022 period in the first ninemonths of FY3/2023 with a delay of three months because its settlement date was the last day of December.
(2) Analysis of Financial Position(Assets)
Current assets as of the end of the third quarter of the fiscal year increased by 5,312 million yen from the end of theprevious fiscal year to 55,060 million yen. This was mainly due to an increase of 5,627 million yen in cash and deposits.
Non-current assets amounted to 15,446 million yen, an increase of 1,087 million yen from the end of the previous fiscal
year. This was mainly due to an increase of 1,356 million yen in software along with the progress of an investment tosystem construction of UT Group.
As a result, total assets increased by 6,399 million yen from the end of the previous fiscal year to 70,507 million yen.

(Liabilities)
Current liabilities at the end of the third quarter of the fiscal year increased by 2,373 million yen from the end of theprevious fiscal year to 27,840 million yen. This was mainly due to an increase of 2,290 million yen in income taxes
payable. Non-current liabilities amounted to 14,673 million yen, down 2,734 million yen from the end of the previous
fiscal year. This was mainly due to a decrease of 2,711 million yen in long-term borrowings.
In sum, total liabilities were 42,514 million yen, down 361 million yen from the end of the previous fiscal year.

(Net assets)
Net assets as of the end of the third quarter of the fiscal year was 27,992 million yen, up 6,760 million yen from the endof the previous fiscal year. Profit attributable to owners of the parent amounted to 1,758 million yen and an increase of
5,568 million yen in share acquisition rights was more than offset by distribution of dividends from surplus of 968 million
yen.
As a result, the equity ratio was 29.5%, compared to 30.8% at the end of the previous fiscal year.
(3) Description of Consolidated Earnings Forecast and Other Forward-looking Information
UT Group‘s consolidated forecasts for FY3/2023 remain unchanged, as announced on May 13, 2022.
-3-

UT Group Co., Ltd. (Code 2146): Summary of Consolidated Financial Statements for the Nine Months of FY3/2023

2. Quarterly Consolidated Financial Statements and Significant Notes(1) Quarterly Consolidated Balance Sheets(Million yen)
As of March 31, 2022

As of December 31, 2022

Cash and deposits

25,82731,454

Notes and accounts receivable - trade21,44521,651

Merchandise and finished goods

129Work in process

15

38

Raw materials and supplies

58

107

2,442

1,944

(53)

(146)

49,74855,060

1,411

1,332

5,731

5,597

5

3

461

1,817

Other

3,311

3,220

Total intangible assets

9,509

10,639

1,176

1,050

Long-term loans receivable13

13Long-term prepaid expenses

15

183

1,663

1,664

Other

625

602

Allowance for doubtful accounts

(56)

(38)

Total investments and other assets

3,438

3,475

14,35915,446

64,10770,507

AssetsCurrent assets

Other
Allowance for doubtful accounts
Total current assets
Non-current assets
Property, plant and equipment
Intangible assets
Goodwill
Leased assets
SoftwareInvestments and other assets
Investment securities

Deferred tax assets

Total non-current assets
Total assets-4-

UT Group Co., Ltd. (Code 2146): Summary of Consolidated Financial Statements for the Nine Months of FY3/2023(Million yen)
As of March 31, 2022

As of December 31, 2022

Notes and accounts payable - trade

280

221

Short-term borrowings

235

363

Current portion of long-term borrowings

3,648

3,588

Accounts payable - other

2,492

2,112

Accrued expenses

9,106

10,049Lease liabilities

10

9

Income taxes payable

412

2,703

Accrued consumption taxes

3,943

3,786

Provision for bonuses

2,305

1,547

49

57

2,882

3,093

99

306

25,467

27,84015,99013,278

Lease liabilities

22

15

Retirement benefit liability

727

759

Deferred tax liabilities

613

566

Other

54

53

17,408

14,67342,87542,514

Share capital

686

686

Capital surplus

338

338

18,567

19,357(0)(0)

19,592

20,382

Valuation difference on available-for-sale securities

(0)

(0)

Foreign currency translation adjustment

156

408

Total accumulated other comprehensive income

156

408

Share acquisition rights

600

6,169

Non-controlling interests

882

1,032

21,232

27,99264,10770,507

Liabilities
Current liabilities

Provision for bonuses for directors (and other officers)
Deposits received
Other
Total current liabilities
Non-current liabilities
Long-term borrowings

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

Retained earnings
Treasury shares
Total shareholders' equity
Accumulated other comprehensive income

Total net assets
Total liabilities and net assets-5-

UT Group Co., Ltd. (Code 2146): Summary of Consolidated Financial Statements for the Nine Months of FY3/2023(2) Quarterly Consolidated Statements of Income and Quarterly Consolidated Statements of Comprehensive
Income(Quarterly Consolidated Statements of Income)(Million yen)
For Nine Months ended
December 31, 2021

For Nine Months ended
December 31, 2022

Net sales

113,995

128,092

Cost of sales

93,741

102,945

Gross profit

20,25325,147

Selling, general and administrative expenses

15,81019,540Operating profit

4,443

5,606

Interest income

17Foreign exchange gains

23

56

Subsidies for employment adjustment

54

69

Dividend income of insurance

0

22

Other

42

59

Total non-operating income

123

215

Interest expenses

42

84Commission expenses

4

3

Share of loss of entities accounted for using equity method

84

126

Loss on valuation of derivatives

－

38

Other

10

43

Total non-operating expenses

142

296

4,424

5,526

Gain on sale of non-current assets

40Gain on sale of shares of subsidiaries and associates－

86

Gain on reversal of share acquisition rights

00

Total extraordinary income

586Loss on retirement of non-current assets

4

35

Loss on sale of non-current assets－

3

Restructuring cost

74

86

Loss on COVID19

5

4

Loss on termination of retirement benefit plan

11－

Loss on step acquisitions

289

－

7

－

Loss on cancellation of rental contracts

111－

Total extraordinary losses

503

129

Non-operating income

Non-operating expenses

Ordinary profit
Extraordinary income

Extraordinary losses

Loss on sale of shares of subsidiaries and associates-6-

UT Group Co., Ltd. (Code 2146): Summary of Consolidated Financial Statements for the Nine Months of FY3/2023
For Nine Months ended
For Nine Months ended
December 31, 2021
December 31, 2022

Profit before income taxes

3,925

5,483

Income taxes

1,971

3,474

Profit

1,953

2,009

107

250

1,846

1,758

Profit attributable to non-controlling interests
Profit attributable to owners of parent(Quarterly Consolidated Statements of Comprehensive Income)

Profit(Million yen)
For Nine Months ended
December 31, 2021

For Nine Months ended
December 31, 2022

1,953

2,009

0

(0)

151

329

0

(0)

151

329

2,105

2,338

1,971

2,011

134

327

Other comprehensive income
Valuation difference on available-for-sale securities
Foreign currency translation adjustment
Share of other comprehensive income of entities accounted
for using equity method
Total other comprehensive income
Comprehensive income
Comprehensive income attributable toComprehensive income attributable to owners of parent
Comprehensive income attributable to non-controlling interests-7-

UT Group Co., Ltd. (Code 2146): Summary of Consolidated Financial Statements for the Nine Months of FY3/2023(3) Notes to the Quarterly Consolidated Financial Statements(Note on the Assumption as a Going Concern)
Not applicable(Notes in Case of Significant Change in the Amount of Shareholders’ Equity)
1. For the Nine-Month Period of FY3/2022 (from April 1, 2021 to December 31, 2021)(1) Items concerning dividend

Resolved

Type ofstock

Board of Directors meeting,Commonheld on May 10, 2021

stock

Total amount

Dividend perof dividends

share(Million yen)

(Yen)

2,663

66.00

RecordEffective

Dividend

date

date

sourceMarch 31,

June 28,

Retained

2021

2021

earnings

Note: The dividend per share is comprised of 32.00 yen in ordinary dividend and 34.00 yen in commemorative dividend.
(2) Significant change in the amount of shareholders’ equity
Not applicable
2. For the Nine-Month Period of FY3/2023 (from April 1, 2022 to December 31, 2022)(1) Items concerning dividend

Resolved

Type ofstock

Board of Directors meeting,Commonheld on May 13, 2022

stock

Total amount

Dividend perof dividends

share(Million yen)

(Yen)

968

24.00

RecordEffective

Dividend

date

date

sourceMarch 31,

June 27,

Retained

2022

2022

earnings

Note: The dividend per share is comprised of 24.00 yen in ordinary dividend.
(2) Significant change in the amount of shareholders’ equity
Not applicable(Application of special accounting methods for presenting consolidated financial statements)(Calculation of tax expenses)
Taxes are calculated by multiplying profit before income taxes by the reasonably estimated effective tax rate after
adjustments for tax effect accounting to the profit income before income taxes for the current consolidated fiscal year
ending March 31, 2023 including the third quarter.
In case that the tax expenses calculated by the estimated effective tax rate result in a significantly unreasonable amount,the legal effective tax rate is used.
(Change in accounting policies)
The Implementation Guidance on Accounting Standard for Fair Value Measurement (ASBJ Guidance No. 31, June 17,2021) has been applied since the start of this first quarter, and the Company has decided to apply the new accounting
policy set forth by the Implementation Guidance on Accounting Standard for Fair Value Measurement into the future in-8-

UT Group Co., Ltd. (Code 2146): Summary of Consolidated Financial Statements for the Nine Months of FY3/2023

accordance with the transitional procedures stipulated in Paragraph 27-2 of the Implementation Guidance on AccountingStandard for Fair Value Measurement. This will have no impact on quarterly consolidated financial statements.
(Segment Information)
I

For the Nine-Month Period of FY3/2022 (from April 1, 2021 to December 31, 2021)

1. Sales and profit (loss) by segment(Million yen)
Reportable Business Segments

Manufacturing
Business

Area
Business

Solution
BusinessEngineering
Business

Oversea
Business

Adjustment
amount1

Amounts on the
consolidated
statements2

Total

Sales
Dispatching

43,11627,443

5,736

5,358

3,181

84,835－84,835Contracting

11,073

4,915

4,505

427

1,627

22,549－22,549

Other

1,461

394

4,641

110

2

6,610

－

6,610

Revenue from contracts
with customers

55,65032,753

14,883

5,896

4,811

113,995－

113,995

Sales to clients

55,65032,753

14,883

5,896

4,811

113,995－

113,995

15

0

10

－

－

26

(26)

－

Total

55,66632,754

14,893

5,896

4,811

114,021(26)

113,995

Segment profit (loss)

4,491

(613)

22

557

(1)

4,456

(13)

4,443

Inter-segment sales ortransfers

Notes:(1) Adjustment to segment profit (loss) of -13 million is elimination of inter-segment transactions.
(2) Segment profit (loss) is adjusted to correspond to operating profit in the consolidated statements of income.

2. Impairment losses of non-current assets or goodwill, etc. by reportable segment(Significant change in the amount of goodwill)
The Area Business segment acquired all shares of Progress Group Co., Ltd., which fully owned Progress Co., Ltd., aswell as all shares of SURI-EMU Corporation, which fully owned SURI-EMU Chubu Co., Ltd., SURI-EMU Tokai Co.,
Ltd., and SURI-EMU Staff Co., Ltd. in May 2021. These companies have been included in the scope of consolidation.
This has increased goodwill by 2,335 million yen in the Nine-Month Period of FY3/2022.

-9-

UT Group Co., Ltd. (Code 2146): Summary of Consolidated Financial Statements for the Nine Months of FY3/2023

II

For the Nine-Month Period of FY3/2023 (from April 1, 2022 to December 31, 2022)

1. Sales and profit (loss) by segment(Million yen)
Reportable Business Segments

Manufacturing
Business

Area
Business

Solution
BusinessEngineering
Business

Oversea
Business

Adjustment
amount1

Amounts on the
consolidated
statements2

Total

Sales
Dispatching

49,59633,738

7,426

6,245

4,401

101,407－

101,407

Contracting

10,805

3,972

6,464

399

2,464

24,106－24,106

Other

1,869

529

46

127

4

2,578

－

2,578

Revenue from contracts
with customers

62,271

38,24013,936

6,772

6,871

128,092－

128,092

Sales to clients

62,271

38,24013,936

6,772

6,871

128,092－

128,092

3

13

－

－

－

16

(16)

－

Total

62,274

38,254

13,936

6,772

6,871

128,109(16)

128,092

Segment profit (loss)

8,528

1,561

156

790

154

11,192(5,585)5,606Inter-segment sales ortransfers

Notes:(1) Adjustment to segment profit (loss) of -5,585 million consists of 16 million yen of elimination of intersegment transactions and stock-based compensation expenses of 5,568 million yen, which are company-wide
expenses not allocated to each reportable business segment.
(2) Segment profit (loss) is adjusted to correspond to operating profit in the consolidated statements of income.

2. Impairment losses of non-current assets or goodwill, etc. by reportable segment
Not applicable
3. Changes in reportable segments, etc.
From the first quarter of FY3/2023, in accordance with the reorganization within the Group, the segment classification
has been changed from the previous three segments (Manufacturing, Solution, and Engineering) to five segments(Manufacturing, Area, Solution, Engineering, and Overseas).
The main business of each segment is as follows.
(1) Manufacturing Business: Providing personnel dispatch and outsourcing services for major manufacturers(2) Area Business:

Providing community-based personnel dispatch and outsourcing services(3) Solution Business:

Accepting employees from major manufacturers which undertake structural reform,
and providing personnel dispatch and outsourcing services(4) Engineering Business:

Providing engineer dispatch and outsourcing services in construction and IT field(5) Overseas Business:

Providing personnel services in overseas

Segment Information for the Nine-Month Period of FY3/2022 was made using the reclassified segment basis.

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