Poletowin Pitcrew : Supplementary Information to the Financial Results for the Nine Months Ended October 31, 2021

Securities code: 3657

Abbreviation: Pole HD

December 3, 2021

Poletowin Pitcrew Holdings, Inc.

Supplementary Information to the Financial Results

for the Nine Months Ended October 31, 2021

＜Summary＞

Net sales:	¥24,334 million	( 26.7% increase QoQ )
Operating profit:	¥2, 422 million	(8.6% increase QoQ )
Net profit:	¥1,624 million	( 5.8% increase QoQ )

• • Net sales increased 29.3% QoQ. Operating profit decreased 3.9% QoQ.
  • Sales to overseas clients and orders for voice recording and graphic development increased.
  • Sales of media and content-related businesses of subsidiaries QBIST Inc. and CREST Inc. increased.
  • Increase in one-time expenses related to M&A and upfront expenses related to the media contents business.
• • Net sales increased 18.0% QoQ. Operating profit increased 62.7% QoQ.
  • Orders for monitoring, anti-fraud, and customer support related to e-commerce sites and QR code payments increased.
  • Orders for data recognition evaluation in AI-related services and customer support for the game market increased.

※Today, the resolutions for share buyback and for selection of Tokyo Stock Exchange's Prime Market are also being disclosed.

INDEX

1.	Overview of Consolidated Financial Results for the
	Nine Months Ended October 31, 2021 ・・・・・・・・・・・・・・・・・・・・・・・・・・ 2
2.	Consolidated Forecasts for the Year Ending January 31, 2022 ・・・・・・・ 6
3.	Reference: Corporate Profile/Our Business ・・・・・・・・・・・・・・・・・・・・・ 10

1

1. Overview of Consolidated Financial Results for the Nine Months Ended October 31, 2021

1-1. Overview of Consolidated Financial Results for the Nine Months Ended October 31, 2021

					Units: ¥ million (Amounts less than ¥1 million omitted)
	FY2022.1		FY2021.1
	Nine Months Ended	Nine Months Ended	Change QoQ
	October 31, 2021	October 31, 2020
	Results		Margin	Results		Margin	Results	Margin
Net sales	24,334		- %	19,203		- %	+5,131	+26.7%
Operating profit	2,422		10.0%	2,231		11.6%	+191	+8.6%
Ordinary profit	2,428		10.0%	2,468		12.9%	-39	-1.6%
Profit attributable	1,624						+88
to owners of		6.7%	1,535		8.0%	+5.8%
parent
						*Percentages rounded down to one decimal place

2

1. Overview of Consolidated Financial Results for the Nine Months Ended October 31, 2021

1-2. Segment Overviews for the Nine Months Ended October 31, 2021

	Testing/Verification &	Net Sales ¥18,641 million (76.6% of net sales)
	Evaluation Business
								Units: ¥ million
		FY2022.1	FY2021.1	Change YoY
			(Amounts less than ¥1 million omitted)
		3Q	3Q				*Percentages rounded down to one
		Change	Margin
			decimal place
	Net sales	18,641	14,414	+4,227	+29.3%
	Operating	1,821	1,895	-74	-3.9%
	profit
	Operating	9.8%	13.2%	-3.4%pt	-
	margin
		Net Sales ¥5,498 million (22.6% of net sales)
	Internet Supporting Business
		FY2022.1	FY2021.1	Change YoY		(Amounts less than ¥1 million omitted)
								Units: ¥ million
		3Q	3Q
		Change	Margin		*Percentages rounded down to one
								decimal place
	Net sales	5,498	4,660	+837	+18.0%
	Operating	604	371	+233	+62.7%
	profit
	Operating	11.0%	8.0%	+3.0%pt	-
	margin
						3

1. Overview of Consolidated Financial Results for the Nine Months Ended October 31, 2021

1-3. Quarterly Net Sales and Operating Profit

Units: ¥ million (Amounts less than ¥1 million omitted)
■ Testing/Verification &
Evaluation Business
■ Internet Supporting Business
■ Others						Quarterly Net Sales
								8,849
9,000												8,015
8,000													1,937
									7,525				7,469
7,000			6,332			6,067		6,804					1,798
											1,762
6,000									1,780
		1,516			1,538		1,605
													6,876
5,000
											6,135
										5,715
4,000								5,170						5,628
3,000			4,742			4,500
2,000
1,000
0
		1Q		2Q		3Q	4Q		1Q	2Q		3Q
														FY2022.1
						FY2021.1

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

Quarterly Operating Profit

1,000			954	986
			910
900				830
800				682
700	670
600	606

500

400

300

200

100

0

1Q	2Q	3Q	4Q	1Q	2Q	3Q
	FY2021.1
			FY2022.1

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

4