Results of Operations

for the First Quarter

of the Fiscal Year Ending October 31, 2022

Tobila Systems Inc.

(Tokyo Stock Exchange First Section 4441)

INDEX

Contents

1 Business Overview

2 1Q FY10/22 Financial Results

3 Medium-term Management Plan Progress 4 References

2

1 Business Overview

3

Corporate Philosophy and Guidelines for Action

Using technologies for the challenge of solving social issues

Corporate Philosophy

We open the door to a better future for our lives and the world

Guidelines for Action

We are constantly changing without any fear of failure and challenging conventional thinking to realize a better future which we dream of.

We will be a source of products that help solve social issues and have benefits for people. We will also pursue appropriate earnings for steady growth as we expand and upgrade our operations.

We believe that maintaining an environment where we can live in peace with our loved ones will lead directly to our growth and a better life for people worldwide.

We will strive to solve social issues using security for people in order to create a society with peace of mind.

4

The Reason for Our Dedication to Helping Solve Social Issues

Losses in Japan caused by fraud/scams and "gray zone" crimes are estimated to be about ¥4,000 billion*

Losses caused by fraud/scams

Recorded cases of fraud/spam activities: 14,461

Financial losses: ¥27.81 billion

Communication channels used for fraud

Telephone calls are the primary method used for fraudulent activities.

Postal mail

Number of fraud/scam reports and losses

Unit: Millions of yen

20,000

60,000

18,000

Fraud reports

50,000

16,000

Losses

14,000

40,000

e-mail

7.0

4.1

12,000

10,000

30,000

8,000

6,000

20,000

4,000

10,000

2,000

0

0

2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021

First method used for fraud

Telephone 88.9

Source: Identification and Control of Special Fraud in 2021, National Police Agency

*White Paper on Consumer Affairs 2020, Consumer Affairs Agency (95% confidence; ¥3.5-¥4 trillion estimate)

5

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Tobila Systems Inc. published this content on 18 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 March 2022 07:00:08 UTC.