Business Contributions from M&A and Additional Acquisitions of Subsidiary Interests

「Accelerate the shift into growth areas by pursuing business acquisitions, development, restructuring and disposals as an integrated process.」

「February 2026: Acquired all shares of webCG Co., Ltd., which operates the automotive website “webCG,” and made it a subsidiary. April 2026: Acquired all shares of Sun Smile Co., Ltd., which operates an e-commerce business, and made it a subsidiary.」

「The Company acquired shares in Edit Co., Ltd. effective 4 July 2025 and made it a subsidiary, thereby including it within the scope of consolidation.」

「July 2025: The Company carried out an absorption-type merger in which subsidiary Michael Co., Ltd. was the absorbed company and ceased to exist. The Company acquired the operating rights to “ロボスタ,” a robotics information media outlet, from Robot Start Co., Ltd. and began operating it. The Company made Edit Co., Ltd., a specialist publisher serving financial institutions, including the institutional-investor magazine “J-MONEY,” a subsidiary.」

「June 2024: F.I.T. Pacific Co., Ltd. became a wholly owned subsidiary.」

「ネットショップ総研, a consolidated subsidiary of the Company, acquired all shares in 有限会社ラウンドフラット on 29 February 2024 and made it a subsidiary (a sub-subsidiary of the Company). Accordingly, the company has been included in the scope of consolidation from the third quarter of the current fiscal year.」

「The performance of F.I.T. Pacific Co., Ltd., which became a consolidated subsidiary during the second quarter of the previous fiscal year, continued to contribute. During the cumulative second quarter of the current fiscal year, revenue from data and content provision※2 increased substantially to ¥1,149 million, up 7.9% year on year, while system revenue※4 rose to ¥612 million, up 39.5%.」

「The performance of F.I.T. Pacific Co., Ltd., which became a consolidated subsidiary during the second quarter of the previous fiscal year, continued to contribute, and overall revenue remained firm during the cumulative first quarter of the current fiscal year. Revenue from data and content provision during the cumulative first quarter was ¥530 million, up 11.5% year on year, while system revenue was ¥293 million, up 53.9% year on year.」

「Through a share exchange and merger with Kabsuru Co., Ltd., the Company began operating several financial and investment media outlets, including “庶民の IPO.”」

「In the CP business, during the cumulative third quarter of the consolidated fiscal year, the Company acquired shares in F.I.T. Pacific Co., Ltd., which operates an automotive-related business, and made it a consolidated subsidiary. The Company also began operating media outlets through business acquisitions and other transactions, including “決算が読めるようになるノート,” a media outlet for business professionals, and “庶民のIPO,” a financial and investment media outlet. In addition, the Company pursued business expansion by launching operations for 2 media outlets through business development.」

「At a Board of Directors meeting held on 25 October 2022, the Company resolved to acquire 70.7% of the issued shares of F.I.T. Pacific Co., Ltd. (excluding treasury shares) and make it a subsidiary, as described below. Based on this resolution, the share acquisition procedures were completed on 1 November 2022. The Company plans to acquire the remaining 29.3% of the issued shares (excluding treasury shares) in stages by paying contingent consideration based on FITP’s achievement rate of its performance targets, in accordance with the conditions stipulated in the share transfer agreement, by the fiscal year ending June 2024.」

「At a Board of Directors meeting held on 25 October 2022, the Company resolved to acquire 70.7% of the issued shares of F.I.T. Pacific Co., Ltd. (excluding treasury shares) and make it a subsidiary, as described below. Based on this resolution, the share acquisition procedures were completed on 1 November 2022. The Company plans to acquire the remaining 29.3% of the issued shares (excluding treasury shares) in stages by paying contingent consideration based on FITP’s achievement rate of its performance targets, in accordance with the conditions stipulated in the share transfer agreement, by the fiscal year ending June 2024.」

「At the beginning of the current fiscal year, the Company included SAVAWAY Co., Ltd., which operates “TEMPOSTAR,” a system primarily for managing multiple online shops, within the scope of consolidation through the acquisition of all its shares. As a result, system revenue increased substantially to ¥538 million, up 100.9% year on year.」

「The main factors were ¥32 million in expenditures for business acquisitions and ¥25 million in expenditures for the acquisition of shares in affiliated companies.」

「Based on a resolution of the Board of Directors meeting held on 22 June 2021, the Company acquired all shares of NHN SAVAWAY Co., Ltd. (hereinafter “SAVAWAY”), a subsidiary of NHN JAPAN Corporation, on 1 July 2021 and made it a consolidated subsidiary.」

「In the CMP business, during the consolidated fiscal year, the Company added operations for 5 media outlets through business acquisitions and 1 media outlet through business development, pursuing business expansion.」

「In the CMP business, during the consolidated fiscal year, the Company added operations for 5 media outlets through business acquisitions and pursued business expansion.」

「In the CMP business, during the consolidated fiscal year, the Company added operations for 3 media outlets through business acquisitions and pursued business expansion.」

「In the CMP business, during the consolidated fiscal year, the Company added 5 media outlets through business acquisitions, including media covering real estate investment, the gourmet-focused media “めしレポ,” and the publication of the long-established anime magazine “アニメディア” and operation of web media. The Company also launched 6 new media outlets through business development, including the web media “REANIMAL,” which presents the realities of animal life, and “リシード（ReseEd）,” an information site for the education industry targeting educators, including teachers and staff, and education-related companies. In addition, the Company is pursuing business expansion by acquiring all shares of Michael Co., Ltd., which operates “CARTUNE,” a community for automotive enthusiasts, and making it a subsidiary.」

「In the CMP business, during the fiscal year, the company added operation of media related to real estate investment, the gourmet-information-focused media 「めしレポ」, the long-established anime magazine 「アニメディア」 and other publications and web media through business acquisitions. It also launched 「myRule（マイルール）」, a social networking app designed to help users develop good habits, and began 4 new media businesses through business development, among other initiatives, to expand the business.」

「In the CMP business, during the fiscal year, the company added operation of media related to real estate investment and the gourmet-information-focused media 「めしレポ」 through a business acquisition. It also launched distribution of the social networking app 「myRule（マイルール）」, designed to help users develop good habits, through business development, among other initiatives, to expand the business.」

「During the first quarter of the current fiscal year, the Company partially transferred its shares in ネイティブ株式会社 and has therefore excluded the company from the scope of consolidation. In addition, following the acquisition of all shares in 株式会社ネットショップ総研, the company has been made a consolidated subsidiary.」

「In the CMP business, during the fiscal year, the company added operation of 「SeeingJapan」, a media outlet targeting visitors to Japan, 「マナラボ」, a useful website on work and Japanese honorifics taught by career professionals, and other services through business acquisitions. Through business development, it also launched 「ふるさと納税の達人」, a sister site of the money-skills information site 「マネーの達人」 providing information on hometown tax donations, 「Lady Go Moto!」, a lifestyle-focused information media outlet for women who love motorcycles and cars, and other services. In addition, it released 「GameDays」 and other gaming-sector token economies built around 2 types of tokens issued independently using blockchain technology, with the aim of expanding its business areas.」

「In the CMP business, during the fiscal year, the company added operation of 「SeeingJapan」 and other media targeting visitors to Japan through a business acquisition. Through business development, it also launched 「ふるさと納税の達人」, a sister site of the money-skills information site 「マネーの達人」 providing information on hometown tax donations, 「Lady Go Moto!」, a lifestyle-focused information media outlet for women who love motorcycles and cars, and other services. In addition, it released 「GameDays」 and other gaming-sector token economies built around 2 types of tokens issued independently using blockchain technology, with the aim of expanding the business.」

「In the CMP business, during the fiscal year, the company added operation of 「SeeingJapan」 and other media targeting visitors to Japan through a business acquisition. It also launched 「ふるさと納税の達人」, a sister site of the money-skills information site 「マネーの達人」 providing information on hometown tax donations, through business development.」

「Revenue from online advertising※1 increased 20.0% year on year to ¥359,735 thousand, due to contributions from a business newly launched in the previous consolidated fiscal year. Revenue from data and content services※2 also remained firm, increasing 5.4% to ¥430,977 thousand. Meanwhile, publishing business revenue※4 decreased 25.7% to ¥59,447 thousand following the sale of shares in certain consolidated subsidiaries, and media and systems revenue※3 decreased 13.6% to ¥116,084 thousand.」

「In the CMP business, during the fiscal year, the company added ネイティブ株式会社 as a consolidated subsidiary through a share acquisition and added operation of the finance-focused web media 「マネーの達人」 and the film-review aggregation service 「coco」 through business acquisitions.」

「In the CMP business, during the fiscal year, the company expanded operations by adding ネイティブ株式会社 as a new consolidated subsidiary through a share acquisition and adding the operation of the finance-focused web media outlet 「マネーの達人」 through a business acquisition.」

「In the CMP business, during the fiscal year, the company expanded operations by adding ネイティブ株式会社 as a new consolidated subsidiary through a share acquisition and adding the operation of the finance-focused web media outlet 「マネーの達人」 through a business acquisition.」

「From the first quarter of the fiscal year, ネイティブ株式会社 has been included in the scope of consolidation because the company acquired its shares and made it a subsidiary.」

「July 2017: ネイティブ株式会社, which operates a regional revitalisation support business and a co-creation regional media development and operations business, became a consolidated subsidiary」

「Data and content provision revenue was ¥1,238.985 million, up 16.3% year on year, due in part to contributions from businesses acquired through M&A within the past 3 years.」

「At a Board of Directors meeting held on 29 September 2016, the company resolved to additionally acquire issued shares of its consolidated subsidiary 株式会社絵本ナビ and acquired the shares on 5 October 2016. The voting rights ratio represented by the additional shares acquired was 8.83%, bringing the total voting rights ratio to 58.93%.」

「Data and content provision revenue was ¥387.692 million, up 31.0% year on year, due in part to contributions from businesses acquired through M&A within the past 3 years. The voting rights ratio represented by the additional shares acquired was 8.83%, bringing the total voting rights ratio to 58.93%.」