Poletowin Pitcrew : Supplementary Information to the Financial Results for the Three Months Ended April 30, 2021

Securities code: 3657

Abbreviation: Pole HD

June 4, 2021

Poletowin Pitcrew Holdings, Inc.

Supplementary Information to the Financial Results

for the Three Months Ended April 30, 2021

【Summary】
Net sales:	¥8,015 million	(26.6% increase QoQ)
Operating profit:	¥830 million	(36.9% increase QoQ)
Net profit:	¥530 million	(38.3% increase QoQ)

• • Net sales increased 29.4%, operating profit increased 16.1% compared to same period of previous year.
  • Overseas sales increased. Business performance of the Group's newly consolidated USA subsidiary, 1518 Studios, Inc., is included from this term.
  • CREST Inc. produced and acted as lead management for a TV animation.
  • Received orders for government's GIGA School Project. This Project aims to create ICT environment at schools.
• • Net sales increased 16.2%, operating profit increased 81.4% compared to same period of previous year.
  • Orders for non-face-to-face EC related services such as EC monitoring and customer support increased.
  • Orders relating to preventing fraud for non-contact QR code settlement increased.
  • Orders for game customer support increased as number of people staying at home increased due to COVID-19.
• • During this term, the Group's headquarter was relocated to expand floor space. The administration & sales division of Group's main business subsidiaries were integrated to this headquarter in order to enhance synergy.

INDEX

1. Overview of Consolidated Financial Results for the

Three Months Ended April 30, 2021 ・・・・・・・・・・・・・・・・・・・・・・・・・・・ 2

1. Consolidated Forecasts for the Year Ending January 31, 2022・・・・・・・ 6
2. Reference: Corporate Profile/Our Business ・・・・・・・・・・・・・・・・・・・・・ 10

1

1. Overview of Consolidated Financial Results for the Three Months Ended April 30, 2021

1-1. Overview of Consolidated Financial Results for the Three Months Ended April 30, 2021

					Units: ¥ million (Amounts less than ¥1 million omitted)
	FY2022.1		FY2021.1
	Three Months Ended	Three Months Ended	Change QoQ
	April 30, 2021	April 30, 2020
	（2021.2 - 2021.4）	（2020.2 - 2020.4）
	Results		Margin	Results		Margin	Results	Margin
Net sales	8,015		- %	6,332		- %	+1,683	+26.6%
Operating profit	830		10.4%	606		9.6%	+224	+36.9%
Ordinary profit	857		10.7%	651		10.3%	+206	+31.7%
Profit attributable	530						+146
to owners of		6.6%	383		6.1%	+38.3%
parent
						*Percentages rounded down to one decimal place

2

1. Overview of Consolidated Financial Results for the Three Months Ended April 30, 2021

1-2. Segment Overviews for the Three Months Ended April 30, 2021

Testing/Verification &	Net Sales ¥6,135 million (76.5% of net sales)
Evaluation Business
					Units: ¥ million
			Change YoY
	FY2022.1	FY2021.1	(Amounts less than ¥1 million omitted)
			*Percentages rounded down to one
	Change	Margin
			decimal place
Net sales	6,135	4,742	+1,393	+29.4%
Operating	649	559	+89	+16.1%
profit
Operating	10.6%	11.8%	(1.2%pt)	ー
margin

Internet Supporting Business Net Sales ¥1,762 million (22.0% of net sales)

			Change YoY	Units: ¥ million
	FY2022.1	FY2021.1	(Amounts less than ¥1 million omitted)
			*Percentages rounded down to one
	Change	Margin
			decimal place
Net sales	1,762	1,516	+245	+16.2%
Operating
184	101	+83	+81.4%
profit
Operating	10.5%	6.7%	+3.8%pt	ー
margin
				3

1. Overview of Consolidated Financial Results for the Three Months Ended April 30, 2021

1-3. Quarterly Net Sales and Operating Profit

Units: ¥ million (Amounts less than ¥1 million omitted)	Units: ¥ million (Amounts less than ¥1 million omitted)

■ Testing/Verification &	Quarterly sales	Quarterly operating profit
Evaluation Business
■ Internet Monitoring Business
■ Others

8,000

7,000

6,000

5,000

4,000

3,000

2,000

1,000

0

8,015

						7,276					7,525		1,000
										6,804					900
	6,053	6,348 6,441 1,561 6,332		6,067				1,762	800
									1,780
		1,483	1,562		1,516		1,538	1,605					700
	1,435
													6,135
											5,715		600
						5,678				5,170					500
		4,796	4,831		4,742		4,500						400
	4,569
															300
															200
															100
															0
	1Q			2Q	3Q	4Q	1Q	2Q	3Q		4Q	1Q
				FY2020.1
							FY2021.1			FY2022.1

957	961	986
954

853	830
758
	670
	606

1Q

2Q

3Q

4Q

1Q

2Q

3Q

4Q

1Q

FY2020.1

FY2021.1

FY2022.1

Note: Quarterly sales and operating profit are internal management figures provided as reference information

4