Supplementary Materials for Financial Results for FY2022 Q2

Supplementary Materials for Financial Results for FY2022 Q2

November 11, 2021

Disclaimer

• The material in this presentation has been prepared by MINKABU THE INFONOID, Inc. ("Minkabu" or the "Company") and contains the Company's business, the industry trend and the forward-looking information based on Minkabu's current activities and future projections as at the date of this presentation.
• The forward-looking information contained in this presentation is subject to a variety of known and unknown risks, uncertainties and other factors that could cause actual results, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information.
• There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such forward-looking information. Accordingly, readers should not place undue reliance on such forward- looking information.
• The forward-looking information in this presentation has been prepared based on the information available to the Company as of November 11, 2021 and this presentation will not be updated regardless of changes in actual results, performance, achievement, or anticipation.

2	Any unauthorized copying, alteration, republishing, reproduction of this material is prohibited.
Copyright MINKABU THE INFONOID, Inc.

Consolidated Statement of Income Q2 FY2022 (April - September, 2021)

JPY in millions

	Q2FY2021	Q2FY2022
	(Apr. - Sep.)	(Apr. - Sep.)	Changes	YoY
	consolidated	consolidated
Net Sales	1,766	2,427	660	37.4%
Operating Profit	262	304	41	15.8%
Ordinary Profit	247	265	17	7.1%
Profit attributable to Owners	131	149	18	13.9%
of Parent
EBITDA	501	623	122	24.5%

3	Any unauthorized copying, alteration, republishing, reproduction of this material is prohibited.
Copyright MINKABU THE INFONOID, Inc.

Consolidated Statement of Income

Q2 FY2022 by Business Segment (April - September, 2021)

JPY in millions

		Q2FY2021	Q2FY2022
		(Apr. - Sep.)	(Apr. - Sep.)	Changes	YoY
		consolidated	consolidated
Net Sales	1,766	2,427	660	37.4%
	MEDIA	654	1,034	379	58.0%
	SOLUTION	1,115	1,399	283	25.4%
	Adjustment *1	-3	-7	-3	－
Operating Profit	262	304	41	15.8%
	MEDIA	250	322	71	28.5%
	SOLUTION	246	300	53	21.8%
	Adjustment *2	-234	-318	-83	－

1. Re-allocationof inter-segment sales.
2. Elimination of inter-segment and unallocable operating expenses.

4	Any unauthorized copying, alteration, republishing, reproduction of this material is prohibited.
Copyright MINKABU THE INFONOID, Inc.

Consolidated Statement of Income

Q2 FY2022 by Type of Revenue (April - September, 2021)

JPY in millions

		Q2FY2021	Q2FY2022
		(Apr. - Sep.)	(Apr. - Sep.)	Changes	YoY
		consolidated	consolidated
MEDIA	654	1,034	379	58.0%
	Ad revenue	574	856	282	49.2%
	Billing revenue (Subscription)	64	133	69	107.4%
	Others	16	44	28	172.6%
SOLUTION	1,115	1,399	283	25.4%
	Subscription revenue	869	1,064	195	22.4%
	Initial revenue	246	335	88	36.0%
Adjustment	-3	-7	-3	－
Net Sales	1,766	2,427	660	37.4%

5	Any unauthorized copying, alteration, republishing, reproduction of this material is prohibited.
Copyright MINKABU THE INFONOID, Inc.