2nd Quarter of the Fiscal Year Ending December 2021

Summary of Financial Results

Funai Soken Holdings Incorporated

(TSE 1st section: stock code 9757)

August 3, 2021

Contents

  1. FY2021 2nd Quarter Financial Results
    1. Consolidated Income
    2. Factors behind Year-on-Year Change in Operating Income
    3. Results of Operations by Segment
    4. Results of Operations by Segment: Consulting
    5. Results of Operations by Segment: Logistics
    6. Results of Operations by Segment: Direct Recruiting
    7. Consolidated Financial Position
  2. Revised Full-Year Earnings Forecast
  • Revisions to Mid-Range Business Plan
  • Shareholder Returns and Other Initiatives

Statement Regarding Use of These Materials

© 2021 Funai Soken Holdings Inc.

1

FY2021

2nd Quarter Financial Results

1. FY2020 2nd Quarter Financial Results

(1) Year-on-Year Comparison of Consolidated Income: January through June

Catering to clients' needs amid Covid-19 resulted in record performance far in excess of the same period in the preceding year.

Sales were solid, with sales of monthly support services and online advertisement agency services up in the consulting segment, and sales of logistics operations up in the logistics segment.

Major reductions in travel and venue hire expenses resulted in increased profit margins.

Figures exceeded early earnings forecasts; operating and ordinary income, in particular, were well into double figures beyond those projections.

June 2020

June 2021

Comparison with

earnings forecast

(Issued May 5, 2021)

Amount

% of total

Amount

% of total

Change (%)

Amount

Difference (%)

(million yen)

(million yen)

(million yen)

Net sales

12,234

100.0

13,887

100.0

+13.5

13,500

+2.9

Operating income

2,584

21.1

3,276

23.6

+26.8

2,800

+17.0

Ordinary income

2,640

21.6

3,313

23.9

+25.5

2,800

+18.3

Net income

1,745

14.3

2,255

16.2

+29.2

2,000

+12.8

attributable to owners

of the parent

© 2021 Funai Soken Holdings Inc.

3

1. FY2020 2nd Quarter Financial Results

(1) Year-on-Year Comparison of Consolidated Income: April-June Quarter

We achieved record figures for this quarter, exceeding even pre-Covid FY2019/2Q. Consulting services catering to client needs amid Covid-19 resulted in an increase in sales.

Providing services remotely, e.g., online seminars and remote support services, increased profit margins, resulting in a major increase in operating income.

Net sales

Operating income

(Million yen)

y-o-y

y-o-y

(Million yen)

y-o-y

y-o-y

-7.7%

+23.0%

-23.4%

+41.7%

6,995

1,571

1,448

6,161

5,687

1,109

OP margins

OP margins

OP margins

23.5

19.5

22.5

FY2019/2Q

FY2020/2Q

FY2021/2Q

FY2019/2Q

FY2020/2Q

FY2021/2Q

© 2021 Funai Soken Holdings Inc.

4

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Funai Soken Holdings Co. Ltd. published this content on 27 August 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 August 2021 08:11:07 UTC.