The following statement is an English-language translation of the original Japanese-language document provided for your convenience. In the event there is any discrepancy between the Japanese and English versions, the Japanese version is presumed to be correct.

November 12, 2021

To whom it may concern:

Company name:

Kaizen Platform Inc.

Representative:

Kenji Sudo

Chief Executive Officer

(Code number: 4170, Stock Exchange: Tokyo)

Contact:

Hidenao Asai

Manager, Finance Division

(ir@kaizenplatform.com)

[UPDATED]FY 2021 Q3 Financial Results

Kaizen Platform Inc. hereby announces that corrections were made to the "FY 2021 Q3 Financial Results," which we announced on November 12, 2021. Corrections before and after is underlined.

  1. Reason for change
    This is to make corrections to errors in the "FY 2021 Q3 Financial Results."
  2. Parts that were corrected: Page 3
    Before UPDATED Capital: JPY 1,722,075
    After UPDATED
    Capital: 1,722,075 thousand JPY
    Page 19
    Before UPDATED
    Cumulative sales for the third quarter were 1,569 billionyen,
    After UPDATED
    Cumulative sales for the third quarter were 1,569 millionyen,

Page 19

Before UPDATED

Operating income: -10 million yen, Ordinary income: -71 million yen,

Net income: -81million yen

After UPDATED

Operating income: -10 million yen, Ordinary income: -71 million yen,

Net income: -88million yen

Page 24

Before UPDATED

UX/DX Solution Revenue (3Q Cumulative) 2020/3Q Cum: 781,659

UX/DX Solution Revenue (3Q Cumulative) 2021/3Q Cum: 974,591

After UPDATED

UX/DX Solution Revenue (3Q Cumulative) 2020/3Q Cum: 781,658

UX/DX Solution Revenue (3Q Cumulative) 2021/3Q Cum: 974,590

FY 2021 Q3 Financial Results

Third Quarter of the Fiscal Year ending December 31, 2021

Kaizen Platform Inc. Securities Code 4170

November 12, 2021

KAIZEN the World

Friction-less work lifestyle of the 21st century, making the world a better place

Contents

  • Company and Service Overview
  • FY 2021 Q3 Business Results
  • Revision of Full-year Earnings Forecasts and Mid to Long-Term Management Policies

© 2021 KAIZEN PLATFORM INC. All Rights Reserved.

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Company Overview

Company Kaizen Platform Inc.

Incorporation Date April 2017US Entity KAIZEN platform Inc. created on March 2013 *)

Addrress Minato-ku, Tokyo

Employees 115As of September 2021

Kaizen Platform Inc. and Kaizen Platform USA, Inc. 69

D-ZERO Inc.46

Capital 1,722,075 thousand JPYAs of September 2021

Board of Directors Kenji Sudo

CEO

Takuya Watabe

Director

Keita Umimoto

Director

Masanori Sugiyama

Outside Director

Tomohide Matsuyama

Outside DirectorNTT Advertising Inc., Director

Kaoru Oda

Audit & Supervisory

Shigeo Goho

Audit & Supervisory

Eriko Hayashi

Audit & Supervisory

Subsidiaries D-ZERO Inc. Kaizen Platform USA,Inc.

DX Catalyst K.K.

  • Previous company KAIZEN platform Inc. was the absorbed company and Kaizen Platform USA, Inc. became the stock company surviving an absorption-the merger. At that time, the investors of KAIZEN platform Inc. was given stock of our current company (Kaizen Platform Inc.) as part of a triangular merger. The Japanese business was transferred from Kaizen USA, Inc. to our current company Kaizen Platform Inc in July 2017.

© 2021 KAIZEN PLATFORM

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Disclaimer

Kaizen Platform Inc. published this content on 12 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 November 2021 10:06:08 UTC.