Poletowin Pitcrew : Supplementary Information to the Financial Results for the Six Months Ended July 31,2021

Poletowin Pitcrew Holdings, Inc.

Supplementary Information to the Financial Results

for the Six Months Ended July 31, 2021

Securities code: 3657

Abbreviation: Pole HD September 3, 2021

【Summary】
Net sales:	¥15,484 million	( 24.9% increase QoQ / +7.3% compared to forecast)
Operating profit:	¥1,512 million	(18.5% increase QoQ /	+8.9% compared to forecast)
Net profit:	¥908 million	( 0.5% increase QoQ /	+14.7% compared to forecast)

• • Net sales increased 27.3％ QoQ. Operating profit increased 6.4％ QoQ.
  • Sales for overseas clients increased. Orders for audio and art creation increased.
  • For subsidiary companies, QBIST Inc. and CREST Inc., sales for media & content related business increased.
  • Temporary rise in advisory & due diligence fees due to M&A.
• < Internet Supporting Business >
• • • Net sales increased 16.5％ QoQ. Operating profit increased 59.9％ QoQ.
    • Orders for EC and QR code settlement related services, anti-fraud services, and customer support increased.
    • Order for AI related data recognition evaluation & game customer support increased.
  • The Company decided & announced upward revision for its consolidated forecasts for the fiscal year ending January 31, 2022.
  • The Company decided & announced to merge three consolidated subsidiaries, Pole To Win Co., Ltd., PITCREW CO., LTD., & QaaS Co.,Ltd. in February 2022.

INDEX

1. Overview of Consolidated Financial Results for the

Six Months Ended July 31, 2021

・・・・・・・・・・・・・・・・・・・・・・・・・・・ 2

1. Consolidated Forecasts for the Year Ending January 31, 2022 ・・・・・・・ 8
2. Reference: Corporate Profile/Our Business ・・・・・・・・・・・・・・・・・・・・・ 13

1

1. Overview of Consolidated Financial Results for the Six Months Ended July 31, 2021

1-1. Overview of Consolidated Financial Results for the Six Months Ended July 31, 2021

					Units: ¥ million (Amounts less than ¥1 million omitted)
	FY2022.1		FY2021.1
	Six Months Ended	Six Months Ended	Change QoQ
	July 31, 2021	July 31, 2020
	Results		Margin	Results		Margin	Results	Margin
Net sales	15,484		- %	12,399		- %	+3,085	+24.9%
Operating profit	1,512		9.8%	1,276		10.3%	+235	+18.5%
Ordinary profit	1,549		10.0%	1,474		11.9%	+74	+5.0%
Profit attributable	908
to owners of		5.9%	903		7.3%	+4	+0.5%
parent
						*Percentages rounded down to one decimal place

2

1. Overview of Consolidated Financial Results for the Six months Ended July 31, 2020

1-2. Overview of Consolidated Financial Results for the Six Months Ended July 31, 2021

					Units: ¥ million (Amounts less than ¥1 million omitted)
	Results		Forecasts
	For the Six Months Ended	For the Six Months Ended	Results vs Forecasts
	July 31, 2021	July 31, 2021
	Results		Margin	Forecasts		Margin	Change	Progress
Net sales	15,484		- %	14,426		- %	+1,058	107.3%
Operating profit	1,512		9.8%	1,388		9.6%	+123	108.9%
Ordinary profit	1,549		10.0%	1,359		9.4%	+189	113.9%
Profit attributable	908						+116
to owners of		5.9%	791		5.5%	114.7%
parent
						*Percentages rounded down to one decimal place

3

1. Overview of Consolidated Financial Results for the Six Months Ended July 31, 2021

1-3. Segment Overviews for the Six Months Ended July 31, 2021

Testing/Verification &	Net Sales ¥11,764 million (76.0% of net sales)
Evaluation Business
					Units: ¥ million
	FY2022.1	FY2021.1	Change YoY
	(Amounts less than ¥1 million omitted)
	2Q	2Q			*Percentages rounded down to one
	Change	Margin
	decimal place
Net sales	11,764	9,243	+2,521	+27.3%
Operating profit	1,160	1,090	+69	+6.4%
Operating margin	9.9%	11.8%	-1.9%pt	-

Internet Supporting Business Net Sales ¥3,560 million (23.0% of net sales)

	FY2022.1	FY2021.1	Change YoY	Units: ¥ million
	(Amounts less than ¥1 million omitted)
	2Q	2Q			*Percentages rounded down to one
	Change	Margin
	decimal place
Net sales	3,560	3,055	+505	+16.5%
Operating profit	364	227	+136	+59.9%
Operating margin	10.2%	7.5%	+2.7%pt	-
					4