Consolidated Financial Information for the Nine Months Ended September 30, 2019

from the beginning

Consolidated Financial Information for the Nine Months Ended September 30, 2019

• Agenda

1.Company Overview

• Operating Structure of the Link and Motivation Group

• Strengths of the Link and Motivation Group

2.Business Report

• Consolidated Statements of Operations (Results/YoY Change)

• Consolidated Statements of Operations: SG&A Expenses (Results/YoY Change)

• Revenues and Gross Profit by Segment (Results/YoY Change)

• Organizational Development Division Product Revenues by Business (Results/YoY Change) (1)・(2)

• Individual Development Division: Product Revenues by Business (Results/YoY Change) (3)・(4)

• Matching Division: Product Revenues by Business (Results/YoY Change)(5)・(6)

• Consolidated Balance Sheets (Results/YoY Change)

• Third Quarter of 2019 Dividends

3.Report on Conditions by Business

• Business KPIs and Highlights by Segment

Organizational Development Division

• Business KPI Results over Time (Subscription Model)

• Highlight (1)： Progress of Motivation Cloud Series Sales

• Business KPI Results over Time (Consulting/Outsourcing Model)

• Highlight (2)： Recovery of the Consulting/Outsourcing Model

Individual Development Division

• Business KPI Results over Time

• Highlight: New “i-Company Club” Service

• Significance of the Service in Changing Times

• Overview of i-Company Club

Matching Division

• Business KPI Results over Time

• Highlight: Increasing ALT Engagement

4.Conclusion of Agreement to Make OpenWork Inc. a Subsidiary

• Acquisition of Stock of OpenWork Inc.

• Business Overview of OpenWork Inc.

• Advantages of OpenWork Inc.

• Significance of the Agreement: Benefits for Both Companies

5.Incubation Business Update

• Introduction of New Investee Company

• Investments at a Glance

Operating Structure of the Link and Motivation Group

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