マクアケ（4479） – Summary of Financial Results for the first quarter 2022

Note: This document has been translated from a part of the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail. January 25, 2022 Non-consolidated Financial Results for the Three Months Ended December 31, 2021 Company name: Makuake, Inc. Listing: Stock code: URL: Representative: Inquiries: Tokyo Stock Exchange 4479 http://www.makuake.com/ Ryotaro Nakayama, CEO Yuki Tamura, Corporate Officer and General Manager of Business Management Division +81-3-6328-4038 (from overseas) TEL: Scheduled date to file quarterly securities report: Scheduled date to commence dividend payments: Preparation of supplementary materials for quarterly financial results: Yes Holding of quarterly financial results presentation meeting: Yes January 26, 2022 – (Millions of yen with fractional amounts discarded, unless otherwise noted) 1. Performance for the three months ended December 31, 2021 (from October 1, 2021 to December 31, 2021) (1) Operating results (cumulative) (Percentages indicate year-on-year changes.) Net sales Operating profit Ordinary profit Profit Three months ended December 31, 2021 December 31, 2020 Millions of yen % Millions of yen % Millions of yen % Millions of yen % 1,152 992 16.1 91.1 38 152 (74.6) 47.7 38 152 (74.6) 47.1 90 105 (14.4) 46.7 Three months ended December 31, 2021 December 31, 2020 Basic earnings per share Diluted earnings per share Yen 7.29 9.07 Yen 7.08 8.60 – 1 – (2) Financial position As of December 31, 2021 September 30, 2021 Reference: Equity 2. Cash dividends Fiscal year ended September 30, 2021 Fiscal year ending September 30, 2022 Fiscal year ending September 30, 2022 (Forecast) Total assets Net assets Equity ratio Millions of yen Millions of yen 10,395 10,331 6,975 6,873 % 66.7 66.2 As of December 31, 2021 As of September 30, 2021 ¥6,939 million ¥6,841 million Annual dividends First quarter-end Second quarter-end Third quarter-end Fiscal year-end Total Yen Yen – – Yen 0.00 0.00 – – Yen 0.00 0.00 Yen 0.00 0.00 Note: Revisions to the cash dividend forecasts most recently announced: None 3. Earnings forecasts for the fiscal year ending September 30, 2022 (from October 1, 2021 to September 30, 2022) Net sales Operating profit Ordinary profit Profit (Percentages indicate year-on-year changes.) Basic earnings per share Fiscal year ending September 30, 2022 Millions of yen % Millions of yen % Millions of yen % Millions of yen % Yen 6,200 34.2 465 41.3 460 41.1 350 41.9 28.22 Note: Revisions to the earnings forecasts most recently announced: None – 2 – * Notes (1) Application of special accounting treatments for the preparation of quarterly financial statements: None (2) Changes in accounting policies, changes in accounting estimates, and restatement (i) Changes in accounting policies due to revisions to accounting standards and other regulations: Yes (ii) Changes in accounting policies due to other reasons: None (iii) Changes in accounting estimates: None (iv) Restatement: None (3) Number of issued shares (common shares) (i) Total number of issued shares at the end of the period (including treasury shares) 12,436,700 shares 12,404,700 shares 87 shares 87 shares 12,430,787 shares 11,672,502 shares (ii) Number of treasury shares at the end of the period As of December 31, 2021 As of September 30, 2021 As of December 31, 2021 As of September 30, 2021 For the three months ended December 31, 2021 For the three months ended December 31, 2020 (iii) Average number of shares during the period (cumulative from the beginning of the fiscal year) * Quarterly financial results reports are exempt from quarterly review conducted by an audit corporation. * Proper use of earnings forecasts, and other special matters The forward-looking statements, including earnings forecasts, contained in these materials are based on information currently available to the Company and on certain assumptions deemed to be reasonable. These statements do not purport that the Company pledges to realize such statements. Actual business and other results may differ substantially due to various factors. – 3 – Makuake, Inc. (4479) As of September 30, 2021 As of December 31, 2021 (Thousands of yen)Quarterly financial statements (1) Quarterly balance sheet Assets Current assets Cash and deposits Segregated deposits Accounts receivable – trade Other Allowance for doubtful accounts Total current assets Non-current assets Property, plant and equipment Intangible assets Investments and other assets Other Allowance for doubtful accounts Total investments and other assets Total non-current assets Deferred assets Total assets Liabilities Current liabilities Income taxes payable Deposits received Other Total current liabilities Non-current liabilities Provision for retirement benefits Provision for continuous services benefits Total non-current liabilities Total liabilities Net assets Shareholders’ equity Share capital Capital surplus Retained earnings Treasury shares Total shareholders’ equity Share acquisition rights Total net assets Total liabilities and net assets – 4 – 5,949,943 2,641,311 551,330 134,259 (7,282) 9,269,563 43,119 593,873 412,131 (7,537) 404,594 1,041,587 20,396 10,331,547 72,286 2,652,462 690,611 3,415,360 337 42,516 42,853 3,458,214 3,103,387 3,103,387 635,591 (499) 6,841,867 31,464 6,873,332 10,331,547 5,977,153 2,688,865 466,812 146,779 (7,282) 9,272,328 42,765 667,454 403,313 (7,537) 395,776 1,105,995 17,518 10,395,843 53,243 2,711,740 607,278 3,372,262 593 47,256 47,849 3,420,112 3,106,683 3,106,683 726,153 (499) 6,939,021 36,709 6,975,730 10,395,843 (2) Quarterly statement of income Net sales Cost of sales Gross profit Selling, general and administrative expenses Operating profit Non-operating income Lecture fees and other income Other Total non-operating income Non-operating expenses Amortization of share issuance costs Other Total non-operating expenses Ordinary profit Extraordinary income Gain on sale of investment securities Total extraordinary income Profit before income taxes Income taxes – current Income taxes – deferred Total income taxes Profit Makuake, Inc. (4479) (Thousands of yen)Three months ended December 31, 2020 Three months ended December 31, 2021 992,732 187,270 805,461 653,451 152,009 1,611 19 1,630 1,407 – 1,407 152,232 – – 152,232 43,023 3,396 46,419 105,813 1,152,566 229,372 923,193 884,633 38,560 2,749 310 3,059 2,877 91 2,969 38,650 97,500 97,500 136,150 40,553 5,035 45,588 90,561 – 5 –