HEROZ : Notice of Difference between Financial Forecast and Actual Results
June 13, 2022 at 03:43 am
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June 10, 2022
Company Name: HEROZ, Inc.
Names of Representatives:
Takahiro Hayashi,
Co-Chief Executive Officer
Stock Code: 4382 TSE Prime Market
Contact: Hiroya Mori,
Chief Financial Officer
(Telephone: +81-3-6435-2495)
Notice: This document is an excerpt translation of the original Japanese document and is only for reference purposes. In the event of any discrepancy between this translated document and the original Japanese document, the latter shall prevail.
Notice of Difference between Financial Forecast and Actual Results
１．Difference between forecast and actual results for the fiscal year ending April 30, 2022 （May 1, 2021 - April 30, 2022）
Net sales
Operating
Ordinary
Net Income
Earnings
Profit
Profit
per share
Previous Forecast
JPY millions
JPY millions
JPY millions
JPY millions
JPY yen
（Ａ）
1,700
100
90
63
4.19
Actual results（Ｂ）
1,482
34
87
49
3.29
Forecast difference
△217
△65
△2
△13
（Ｂ－Ａ）
Percentage change
△12.8%
△65.2%
△2.5%
△21.6%
（
％ ）
(Reference)
1,556
294
285
207
13.85
FY04/2021 Results
２．Reasons for differences between the forecast and actual results
Net sales fell short of the previous forecast, mainly due to delays in our recruiting plan and acquiring initial setup fees in AI（BtoB）services. In addition, operating profit, ordinary profit, and net income also fell short of the previously announced forecasts, because of a decrease in net sales, and an increase in human resources related expenses, since we focused on recruiting
activities in the process of changing our organizational structure. However, the percentage change in ordinary profit and net income was smaller than that in operating profit. This is mainly due to the dividend income related to our affiliate, VarioSecure Inc.
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HEROZ Inc. published this content on 13 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 June 2022 07:42:20 UTC.
HEROZ Inc is a Japan-based company mainly engaged in the provision of artificial intelligence (AI)/digital transformation (DX) business and AI security business. The Company operates in two business segments. The AI/DX segment utilizes the AI and software as a service (SaaS) related technologies, know-how, data and others, accumulated by the Company group to provide AI-related solutions, SaaS introduction support, and collaborative development between SaaS. This makes it a segment that aims to promote AI/DX in each company and industry. This segment is classified into business-to-consumer (B2C) services and business-to-business (B2B) services. The AI Security segment provides a comprehensive network security service that protects corporate networks from various threats such as attacks from the Internet, intrusions into internal networks, virus infections, and data theft, and allows users to use the Internet safely.
HEROZ, INC. 
