Financial Highlights

[Full-Year Consolidated Results] (Unit: Millions of Yen)	2023	2022	Year-on-Year Change
			Increase/(Decrease)	Growth Rate
Revenue	16,624	16,924	(300)	(1.7%)
Gross Profit	10,948	11,208	(260)	(2.3%)
Operating Profit	616	(447)	1,063	-
EBITDA	2,008	9,983	(7,975)	(79.9%)

*1:"Before Adjustment" valuesexclude the financial effect of the sale of the video distribution business of relaido, Inc. (formally Skill-up Video Technology, Inc.) in 2018 Q3.

Accounting Month/Year		December 2017	December 2018	December 2019	December 2020	December 2021	December 2022	December 2023
Sales	(Millions of Yen)	82,602	87,216	89,953	88,768	98,515	16,924	16,264
Ordinary Profit	(Millions of Yen)	1,921	1,669	2,833	4,358	14,662	(439)	378
Current Net Income Belonging to Parent Company Shareholders	(Millions of Yen)	1,011	1,922	1,928	3,750	10,231	5,719	237
Comprehensive Income	(Millions of Yen)	1,161	8,116	4,746	5,263	3,942	3,294	470
Net Assets	(Millions of Yen)	18,813	27,133	32,601	39,072	40,930	36,245	33,892
Total Assets ※3	(Millions of Yen)	46,127	56,551	61,132	70,443	69,728	55,963	50,283
Net Assets per Share	(Yen)	672.87	1,025.19	1,187.56	1401.00	1540.34	1,707.41	1,679.72
Current Net Income Amount per Share	(Yen)	43.44	84.20	84.23	167.86	473.26	299.29	13.61
Current New Income Amount per Share After Diluted Stock Adjustment	(Yen)	43.44	84.20	84.18	167.85	473.26	-	-
Capital Adequacy Ratio	(％)	33.0	41.5	44.5	44.1	46.8	53.3	58.3
Return on Equity	(％)	6.3	9.9	7.6	12.87	32	18.31	0.80
Cashflow from Operating Activities	(Millions of Yen)	2,047	1,497	1,405	2,179	12,135	(7,612)	(3,436)
Cashflow from Investment Activities	(Millions of Yen)	(1,883)	3,593	(35)	1,575	2,987	4,699	(1,272)
Cashflow from Financing Activities	(Millions of Yen)	(2,973)	(922)	(520)	2,951	(4,832)	(5,563)	(3,056)
Cash and Cash Equivalents at End of Period	(Millions of Yen)	15,417	19,598	20,398	27,054	37,539	26,471	18,860
No. of Employees	(People)	1,573	1,627	1,508	1,571	1,518	1,022	1,031

*2: "Before Adjustment" values do not exclude the financial effect of the sale of the video distribution business of relaido, Inc. (formally Skill-up Video Technology, Inc.) in 2018 Q3.

*3: Partial amendments to Accounting Standards for Tax Effect Accounting (ASBJ statement No.28, February 16, 2018) were applied from the beginning of this reporting quarter; three month ended on March 31, 2019, and total assets and ratio of equity attributable to owners of parent as of December 31, 2018 which were revised retrospectively.