Creating synergies with the V-cube,Inc. Group

「Under our policy of continuing to transform our business model in pursuit of a substantial improvement in earnings power under the medium-term management plan for the fiscal years ending October 2019 through October 2022, we made Kusim Technologies, Inc. a consolidated subsidiary in November 2019, Kusim Insight, Inc. in March 2020, Care Dynamics, Inc. in May 2020 and E-Frontier, Inc. on 15 May 2020. As concerns over downside risks to the economy grew, we continued to transform our business model.」

「In October 2019, we acquired shares in 株式会社エイム・ソフト and 株式会社ネクストエッジ to further expand “iStudy ACADEMY” and are pursuing synergies.」

「As previously announced, the tender offer by 株式会社カイカ for the Company's common shares ended on 11 April 2019, and the Company became a consolidated subsidiary of 株式会社カイカ on 17 April 2019. The Company is now seeking its next stage of growth through synergies under 株式会社カイカ.」

「The Company is now seeking its next stage of growth through synergies under 株式会社カイカ.」

「We sell and provide to customers the services each of us offers in cooperation with V-cube,Inc., our parent company.」

「* The corporate business video service “Agora,” which was provided through the Software Business up to the second quarter, was transferred to V-cube,Inc., our parent company, in July 2018.」

「We added the corporate video solution “Qumu,” which we began selling last year, and the video recording and studio streaming services acquired from V-cube,Inc., our parent company, as new pillars of the business. Performance has remained steady, including the acquisition of new projects in our traditional LMS business.」

「We sell and provide to customers the services each of us offers in cooperation with V-cube,Inc., our parent company.」

「Net sales increased to ¥516 million in the third quarter, mainly because revenue from the video recording and streaming studio service launched in June 2017 made a significant contribution.」

「In June, we acquired a video recording and streaming studio from V-cube,Inc., our parent company, and launched the service.」

「During the cumulative second-quarter period, as in the first quarter, we worked to further raise awareness and increase adoption of our services by exhibiting at events, renewing our website, and preparing for system integration and the use of technology with V-cube,Inc., our parent company, and Pioneer VC Co., Ltd., a Group company.」

「At the same time, to expand our sales channels going forward, we have been preparing for system integration and the use of technology with V-cube,Inc., our parent company, and Pioneer VC Co., Ltd., a Group company.」

「Although the fiscal year comprised 9 months, 3 months shorter than usual, we sought an early recovery in performance by creating synergies with V-cube,Inc., our parent company, and Pioneer VC Co., Ltd., a Group company. Specifically, we focused on rolling out our offerings across existing customer groups, identifying new customers through various events and other channels, and strengthening the functionality of Group products by integrating V-cube,Inc.'s products with ours.」

「Since January 2016, based on the basic agreement on the capital and business alliance with V-cube,Inc., we have been preparing to launch a new management structure in order to create synergies at an early stage. This has included expanding our services by leveraging the V-cube,Inc. Group's sales capabilities, selling V-cube,Inc. Group services to our existing customers, and strengthening the functionality of Group products by integrating V-cube,Inc.'s products with ours.」