Q3 FY02/2022 Financial Summary

Serverworks Co., Ltd. (Securities code: 4434)

Topics

Q3 FY02/22 Topics

  • Released New Services Continuously: File Server Migration Service, AWS Application Development Service, etc.
    • File Server Migration Service: service that selects the appropriate storage service to fit the customer's requirements, supports data migration and operation, and can significantly reduce the cost of flexible capacity control and redundancy with less than half the procurement time compared to on-premises.
    • AWS Application Development Service: service that supports a wide range of activities, from infrastructure construction to the development of cloud-native applications linked with various services.
  • Recognized as #1 in Japan and #3 globally of Top 2021 AWS Partner Ambassadors
    • Our employee was awarded as #1 in Japan/ #3 globally, #1 in blog post of Top 2021 AWS Partner Ambassadors by Amazon Web Services, Inc.

3

Earnings Forecast

Non-ConsolidatedEarnings Forecast for FY02/22 (Disclosed on Oct 15, 2021) 1

Due to the favorable impact of foreign exchange rates and improvement in the ordering environment as a result of the recovery from the COVID-19 pandemic, full year net sales are expected to increase significantly, and each measure of profit is expected to exceed the initial earnings forecast by a wide margin.

Unit: million yen

FY02/22

Composition

FY02/21

Composition

Forecasts

% of previous year

results

(%)

(increase from the

(%)

initial forecast)

Net Sales 2

8,029

100.0

10,197

100.0

127.0

897

Gross profit

1,224

15.3

1,640

16.1

134.0

97

Operating

419

5.2

489

4.8

116.7

profit

43

Ordinary

410

5.1

515

5.1

125.6

profit

43

Profit

482

3

6.0

355

3.5

73.7

28

  1. There is no change in the "Notice of Transition to Consolidated Financial Statements and Consolidated Earnings Forecast and Revision of Non-Consolidated Earnings Forecast" disclosed on October 15, 2021.
  2. Since our business is in the single segment of the cloud business, we do not disclose the earnings forecast for each segment. For the forecast figures of AWS Resale as percentage of net sales,

we have adopted 107 yen per dollar.

5

3. Profit for FY 02/21 includes an extraordinary gain of 246 million yen from the sale of investment securities.

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Serverworks Co. Ltd. published this content on 24 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 January 2022 06:13:03 UTC.