Supplementary Briefing Materials for Financial Results Fiscal Year Ended March 2024 I-NET Corp. [TSE, Prime Market: 9600] May 9, 2024 Table of Contents Summary By service Dividends and forecasts Figures for fiscal year ended in March 2024 ©2024  I-NET Corp.  All Rights Reserved
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Net sales YoY change Operating profit YoY change Yen Net profit attributable of parent YoY change Yen ROE YoY change Breakdown by service Unit: million Yen ■ Information processing services ■ System development services ■ Product sales Yen Yen
Net sales recorded a significant YoY increase and
achieved a record high.
-7.9% -35.6% ● Our Information Processing Services are expanding with cloud services, Commissioned calculation services for gas stations is progressing smoothly, and Mailing Services have recovered.“ ● Our System Development Services have mainly achieved favorable progress in development for the financial industry. However, the space-related sector underperformed the company's initial expectations due to delays in rocket launches.
Operating profit significant increased
• Gross profit increased despite the ongoing high costs due to soaring electricity prices, as price revisions and cost control measures proved effective. As a result of improved profitability, operating  was able to achieve a significant increase, absorbing the increase in selling, general, and administrative expenses such as personnel costs.
Net profit attributable to owners of parent rose
approximately 63.6% YoY
• Net income for the current period exceeded the initial forecast, achieving a significant increase of +63.6% compared to the previous period. ● The net profit was positively affected by approximately 200 million Yen from the sale of investment securities. ● ROE (Return on Equity) improved significantly by +4 points compared to the previous period, reaching 11.7%. 2
Q4 FY2024: Quarterly Net sales are flat, and Operating profit is down compared to the same period last year. Information processing services are improving in profitability and progressing smoothly in Q4. . While system development services are performing well in sectors like finance, a delay in a development project has led . to a decrease in quarterly operating profit compared to the same period last year, resulting in a lower profit margin.
Note: Amounts are rounded down to the nearest million Yen, and the rate of year-on-year change is rounded to the first decimal place.
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Inet End of March 2024 Unit: million Yen End of March 2023
Unit: million Yen
Total assets: 32,630 Shareholders' equity ratio: 53.9% Total assets: 37,607 Shareholders' equity ratio: 53.4% Note: Amounts are rounded down to the nearest million Yen and shareholders' equity ratios are rounded to the first decimal place. 4
Inet
Note: Cash and deposits are rounded down to the nearest decimal and the breakdown is rounded off to the nearest whole number in principle.
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Data center and cloud services > > Company's own cloud services Cloud services for companies (SaaS, etc.) Co-location services for companies
Commissioned calculation services
> > Platform for sales management and fee settlement for SS (Gas stations) (share of over 30% in Japan) Platform for fee settlement compatible with smart meters for propane gas businesses (brand name: PROPANET)
Mailing services
Printing and mailing services for general corporations and government agencies Hybrid distribution service combining printed materials and e-mail Net sales by service Unit: million Yen FY Mar2023 Factors behind changes in net sales Unit: million Yen 22 213 14,805 Commissioned
820 calculation services Data center, cloud Up 7.7% YoY Up 1,056 million Yen FY Mar2023 FY Mar2024 Factors behind changes in gross profit Unit: million Yen FY Mar2023 FY Mar2024 Note: Amounts for net sales, gross profit and changes for each are rounded down to the nearest million Yen. The rate of year-on-year change is rounded to the first decimal place. Totals, breakdowns and changes may not match due to rounding. 6

Commissioned development
> > System for energy industry-related companies System for financial institutions > > > System for transportation system-related companies Space-related systems (commissioned development, inspection / tests and operation / evaluation analysis) System for the distribution industry, general companies, and manufacturers security-related system System for communication businesses Embedded control related system > >
System product development
> Financial products (unsecured loan systems: Loan Ranger UC, costing systems for financial institutions: ABC Financial, etc.) > Credit settlement systems (i-Gateway), settlement system linked to Pos, etc. > Security-related (vulnerability diagnosis, Darktrace, etc.) DX-related products (systems to improve operational efficiency, RPA, etc.)
Net sales by service

Factors behind changes in net sales Unit: million Yen FY Mar2024 Note: Amounts for net sales, gross profit and changes for each are rounded down to the nearest million Yen. The rate of year-on-year change is rounded to the first decimal place. Totals, breakdowns and changes may not match due to rounding.
Information processing services (Unit: 100 million Yen) System development services (Unit: 100 million Yen) '14/3 '15/3
'23/3 '24/3 Data center and cloud services grew 2.8 times over in 11 years System development services grew 1.6 times over in 11 years ©2024  I-NET Corp.   All Rights Reserved Note: Amounts are rounded to the nearest 100 million Yen, so the breakdown and total may not match. The scale factor is rounded down to the second decimal place. 8
We forecast 40,420 million Yen in net sales, 3,250million Yen in Operating Income, 2,625million Yen in Net profit. The effect on Net profit from the sale of investment securities:+200m.Yen(FY Mar2024),+450m.Yen(FY Mar2025)
Note: Amounts are rounded down to the nearest million Yen, and the rate of year-on-year change is rounded to the first decimal place.
Dividends for March 2024: 27 Yen in dividends per share (annual dividends of 53 Yen) Annual dividends per share were increased for 12 straight fiscal years. Plans for annual dividends in fiscal year ending in March 2025 Annual dividends per share of 56 Yen, up 3 Yen YoY, aiming for the 13th straight fiscal year of higher dividends Shareholder Return Policy Our aim is to have a total payout ratio of over 40%, to continue with stable dividends while retaining earnings to prepare for future capital needs.
70% 60% 50% 10% 0% 10
Note: Amounts are rounded down to the nearest million Yen, and relative to sales, rate of changes and % achieved are rounded to the first decimal place. 11

Note: Amounts are rounded down to the nearest million Yen, and relative to sales are rounded to the first decimal place.

*The Operating profit is an estimated reference figure. Note: Amounts are rounded down to the nearest million Yen, and profit rates and rates of change are rounded to the first decimal place. 13
Unit: million Yen ■ Commissioned calculation   ■ Data center, cloud service   ■ Mailing service   ■ System development services Note: Amounts are rounded down to the nearest million Yen, and the totals may not match. 14
＜Disclaimer＞ These materials were prepared to provide information on the Group's financial results and the Group's business strategy and are not for the purpose of soliciting the sale or purchase of stock in the Company or the Group. These materials include information such as opinions and predictions on future earnings and were based on the Company’s assessments as of the time the materials were prepared. As a result, we do not guarantee that these projections will be achieved, and this information may change without advance notice. The Company is not responsible for any losses resulting from the use of these materials. In addition, these materials are not be duplicated or reprinted without our permission. This document has been translated from the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail. Inquiries I-Net Corp., Investor Relations TEL 045-682-0806 E-Mail contact  ir@inet.co.jp