Software Development Investment

「Total R&D expenses for the current interim consolidated accounting period were ¥5.488 million. These expenses were primarily incurred for R&D to improve the functionality of the ASP services provided by the Group to customers. Cash used in investing activities during the current interim consolidated accounting period totaled ¥16.891 million, compared with ¥1.424 million used in the same period of the previous year. This consisted of ¥13.192 million for the acquisition of software and ¥3.698 million for the acquisition of property, plant and equipment.」

「1. Enhancements to Radar Tech Intelligence (RTI)* 2. Enhancements to Radar QFD*, a tool that automatically generates quality tables used at development sites 3. Functional enhancements to the customer tool, the VALUENEX Radar app 4. Enhancements to VALUENEX Radar 5. Infrastructure development」

「Total R&D expenses for the six-month period were ¥24.198 million. These expenses were incurred mainly for R&D to improve the functionality of the ASP services the Group provides to customers.」

「Total R&D expenses for the fiscal year were ¥36.211 million.」

「Total R&D expenses for the cumulative third quarter were ¥25.437 million. These expenses were incurred mainly for R&D to improve the functionality of the ASP services the Group provides to customers.」

「Total R&D expenses for the cumulative second quarter were ¥16.681 million. These expenses were incurred mainly for R&D to improve the functionality of the ASP services the Group provides to customers.」

「Total R&D expenses for the cumulative first quarter were ¥6.729 million. These expenses were incurred mainly for R&D to improve the functionality of the ASP services the Group provides to customers.」

「The Group’s R&D activities consist of conducting research, comparisons and analysis to improve the usability of the ASP services it provides to customers, and carrying out R&D to improve their functionality. Total R&D expenses for the fiscal year were ¥24.738 million.」

「Total R&D expenses for the cumulative third quarter were ¥17.353 million. These expenses were incurred mainly for R&D to improve the functionality of the ASP services the Group provides to customers.」

「Total R&D expenses for the cumulative second quarter were ¥11.147 million. These expenses were incurred mainly for R&D to improve the functionality of the ASP services the Group provides to customers.」

「Total R&D expenses for the cumulative first quarter were ¥7.504 million. These expenses were incurred mainly for R&D to improve the functionality of the ASP services the Group provides to customers.」

「Total R&D expenses for the cumulative third quarter were ¥16.350 million. These expenses were incurred mainly for R&D to improve the functionality of the ASP services the Group provides to customers.」

「Total R&D expenses for the cumulative second quarter were ¥10.676 million. These expenses were incurred mainly for R&D to improve the functionality of the ASP services the Group provides to customers.」

「Total R&D expenses for the cumulative first quarter were ¥5.420 million. These expenses were incurred mainly for R&D to improve the functionality of the ASP services the Group provides to customers.」

「Total R&D expenses for the third quarter of the current consolidated cumulative period were ¥14.962 million. These expenses were primarily incurred for R&D to improve the functionality of the ASP services provided by the Group to customers.」

「Total R&D expenses for the second quarter of the current consolidated cumulative period were ¥9.166 million. These expenses were primarily incurred for R&D to improve the functionality of the ASP services provided by the Group to customers.」

「Total R&D expenses for the first quarter of the current consolidated cumulative period were ¥4.866 million. These expenses were primarily incurred for R&D to improve the functionality of the ASP services provided by the Group to customers.」

「The Company plans to develop software, but the specific amount of capital investment has not been determined.」