ポールトゥウィン・ピットクルーホールディングス（3657） – [Delayed]Supplementary Information to the Financial Results for the Year Ended January 31, 2022

Securities code: 3657Abbreviation: Pole HDMarch 14, 2022Poletowin Pitcrew Holdings, Inc.Supplementary Information to the Financial Results for the Year Ended January 31, 2022

Net sales: Operating profit:Net profit:¥ 34,252 million¥ 3,305 million¥ 2,241 million( 28.1% increase YoY, 3.1% increase Forecast )( 2.7% increase YoY, 6.5% decrease Forecast )( 5.7% increase YoY, 3.9% increase Forecast )Net sales increased 31.3% QoQ, Operating profit decreased 7.1% QoQ.Sales to overseas clients and orders for voice recording and graphic development increased.Newly consolidated subsidiary MIRAIt Service Design (MSD) contributed to the system development contract.Sales of media and content-related businesses of subsidiaries QBIST Inc. and CREST Inc. increased.Increase in one-time expenses related to M&A and upfront expenses related to the media contents business.Net sales increased 17.7% QoQ. Operating profit increased 34.0% QoQ.Orders for monitoring, anti-fraud, and customer support related to e-commerce sites and QR code payments increased.Orders for data recognition evaluation in AI-related services and customer support for the game marketincreased.< Forecasts for the Year Ending January 31, 2023 >Net Sales: ¥40,088 million, Operating profit: ¥4,002 million▪▪▪▪▪▪▪▪▪INDEX1. Overview of Consolidated Financial Results for the Fiscal Year Ended January 31, 2022・・・・・・・・・・・・・・・・・・・・・・・ 22. Consolidated Forecasts for the Year Ending January 31, 2023・・・・・・ 103. Future Business Strategies・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・ 124. Reference: Corporate Profile/Our Business ・・・・・・・・・・・・・・・・・・・・・ 1411. Overview of Consolidated Financial Results for the Fiscal Year Ended January 31, 20221-1. Overview of Consolidated Financial Results for the Year Ended January 31, 2022 (Change YoY)Units: ¥ million (Amounts less than ¥1 million omitted)FY2022.1Fiscal Year Ended January 31, 2022FY2021.1Fiscal Year Ended January 31,2021Change YoYResultsMarginResultsMarginResultsMarginNet sales34,252- % 26,729- %+7,522 +28.1%Operating profit 3,3059.6%3,217 12.0%+87 +2.7%Ordinary profit3,3829.9%3,595 13.5%-212 -5.9%Profit attributable to owners of parent2,2416.5%2,1197.9%+121 +5.7%*Percentages rounded down to one decimal place21. Overview of Consolidated Financial Results for the Fiscal Year Ended January 31, 20221-2. Overview of Consolidated Financial Results for the Year Ended January 31, 2022 (vs. Forecast)Units: ¥ million (Amounts less than ¥1 million omitted)FY2022.1ResultsFY2022.1ForecastResultsMarginInitial forecast MarginComparison to ForecastChangeamountAttainment rateNet sales34,252- % 33,224- %+1,027 103.1%Operating profit3,3059.6%3,535 10.6%-229 93.5%Ordinary profit3,3829.9%3,539 10.7%-156 95.6%Profit attributable to owners of parent2,2416.5%2,1576.5%+84 103.9%*Percentages rounded down to one decimal place31. Overview of Consolidated Financial Results for the Fiscal Year Ended January 31, 20221-3. Segment Overviews for the Year Ended January 31, 2022Testing/Verification & Evaluation BusinessNet Sales 26,439 million （77.2％ of net sales）FY2022.1 FY2021.1Change YoYUnits: ¥ million(Amounts less than ¥1 million omitted)ChangeMarginPercentages rounded down to one decimal place26,4392,46120,129 +6,309+31.3%2,647-186-7.1%9.3%13.2%-3.9%pt-Internet Supporting BusinessNet Sales 7,580 million （22.1％ of net sales）FY2022.1 FY2021.1Change YoYUnits: ¥ million(Amounts less than ¥1 million omitted)ChangeMarginPercentages rounded down to one decimal place7,5806,441 +1,139+17.7%81910.8%611+208+34.0%9.5%+1.3%pt-4Net salesOperatingprofitOperating marginNet salesOperatingprofitOperatingmargin1. Overview of Consolidated Financial Results for the Fiscal Year Ended January 31, 20221-4. Quarterly Net Sales and Operating ProfitUnits: ¥ million (Amounts less than ¥1 million omitted) Units: ¥ million (Amounts less than ¥1 million omitted) Quarterly salesQuarterly operating profit■Testing/Verification & Evaluation Business■Internet Supporting Business■Others10,0009,9178,8492,0731,0009869549108828306706827,7986068,0157,5257,4691,9371,7621,7981,7806,8766,1355,7155,6286,8046,3326,0671,5381,6051,5165,1704,7424,5009,0008,0007,0006,0005,0004,0003,0002,0001,000090080070060050040030020010001Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q2021年1月期FY2021.12022年1月期FY2022.1FY2021.1 FY2020.12021年1月期FY2021.12022年1月期FY2022.1Note: Quarterly sales and operating profit are internal management figures provided as reference information51. Overview of Consolidated Financial Results for the Fiscal Year Ended January 31, 20221-5. Financial Position: Consolidated Balance SheetsAs of Jan. 31, 2021 As of Jan. 31, 2020ChangeUnits: ¥ million (Amounts less than ¥1 million omitted)Total current assetsCash and depositsTotal property, plant and equipmentTotal intangible assetsInvestments and other assetsTotal non-current assetsTotal assetsTotal current liabilitiesTotal non-current liabilitiesTotal liabilitiesTotal net assetsCapital stockCapital surplusRetained earningsTreasury sharesTotal liabilities and net assets16,3409,7358902,9242,1265,94122,2814,1584764,63517,6461,2392,37914,120-29322,28117,10211,1586949401,6523,28620,3894,4542604,71415,6751,2392,37912,372-16720,389-762-1,423+196+1,984+474+2,654+1,892-295+216-79+1,971–+1,748-125+1,89261. Overview of Consolidated Financial Results for the Fiscal Year Ended January 31, 20221-6. Financial Position: Consolidated Statements of Cash FlowsOperating cash flowsInvesting cash flowsFinancing cash flowsUnits: ¥ million (Amounts less than ¥1 million omitted)FY2022.1（2021.2-2022.1）FY2021.1（2020.2-2021.1）Change YoY1,8442,040-195-2,661-963 -1,698-659-468-191Effect of exchange rate changes on cash and cash equivalents5335+17Net increase in cash and cashequivalents-1,423644 -2,067Cash and cash equivalents at beginning of year11,15810,514+644Cash and cash equivalents at end of year9,73511,158 -1,42371. Overview of Consolidated Financial Results for the Fiscal Year Ended January 31, 20221-7. Shareholder Returns (Forecast of Cash Dividends per Share) Dividend policyTarget payout ratio of 25% to consolidated net profitYearly dividends per shareFiscal 2019Fiscal 2020Fiscal 2021¥11/share¥12/share¥13/shareFiscal 2022Forecast¥14/share81. Overview of Consolidated Financial Results for the Fiscal Year Ended January 31, 20221-8. Stock Information■ Number of Shares Issued As of January 31, 2021As of January 31, 2022 38,156,00038,156,000■ Stock Distribution by Shareholder■ Fiscal 2021 (As of January 31, 2021)■ Fiscal2022 (As of January 31, 2022)Treasury shares0.71 %Foreign institutions, etc.39.17 %Individuals and Others40.28 %Treasury shares1.05 %Foreign institutions, etc.40.56 %Other domestic institutions1.51 %.3,534ShareholdersIndividuals and Other38.78 % Other domestic institutions0.69 %.Financial instruments brokerage companies1.06 %.3,367ShareholdersFinancial Institutions18.09 % Financial instruments brokerage companies2.16 % (%)Financial Institutions15.94 %■ Individuals and other ■ Financial institutions ■ Financial instrumentsbrokerage companies ■ Other domestic institutions ■ Foreign institutions, etc. ■Treasury shares9Note: Both charts have been compiled based on the number of outstanding shares, with fractions rounded off2. Consolidated Forecasts for the Year Ending January 31, 20232-1. Consolidated Forecasts for the Year Ending January 31, 2023 Net salesOperating profitOrdinary profitProfit attributable to owners of parentNet profit per shareUnits (except for per-share figures): ¥ million (Amounts less than ¥1 million omitted)FY2023.1ForecastsFY2022.1ResultsYoY changeAmount%40,08834,252+5,836+17.0%4,0023,9262,4283,305+697+21.1%3,382+543+16.1%2,241+187+8.3%￥63.64 ￥59.16+￥4.48ーーPercentages rounded down to one decimal place10Cash dividends per share￥15￥14+￥12. Consolidated Forecasts for the Year Ending January 31, 20232-2. Consolidated Fiscal Performance and PlanSalesOperating profit and net profitSalesUnits: ¥ million(Amounts less than ¥1 million omitted)Operating profit/Net profitUnits: ¥ million(Amounts less than ¥1 million omitted)40,088■ Operating profit■ Net profitOperating marginOperating margin (%)4,00234,2523,5313,1623,2173,30526,21726,72925,00023,7632,2412,1192,4281,8391,78740,00035,00030,00020,00015,00010,0005,00004,0003,5003,0002,5002,0001,5001,00050002019/1期FY2019.12020/1期FY2020.12021/1期FY2021.12022/1期FY2022.12023/1期(予)FY2023.1(est.)2019/1期 2020/1期 2021/1期 2022/1期 2023/1期(予)FY2023.1(est.)FY2021.1FY2019.1FY2022.1FY2020.1Note: FY2023.1 estimates are forecasts disclosed on March 14, 2022. 14.012.010.08.06.04.02.00.0113. Future Business Strategies3-1. Future Business Strategy Approaches-Expansion of service areas beyond Testing/Verification & Evaluation Business and Internet Supporting Business through Mergers and acquisitions (M&A )-Reorganization of segments and subsidiaries to provide solutions that go beyond the framework of Testing/Verification & Evaluation Business and Internet Supporting Business to meet customer services and product life cycle challenges(Former) Segment(New)Task CategoryInternet SupportingTesting/Verification & EvaluationTesting and LocalisationVerification & EvaluationOverseasMedia ContentsOtheriServce and Lifecyce Soutionsll＜E-Commerce>Monitoring and Customer supportTesting, Customer support, Localisation, Cverseas expansion supportDomesticSolutionMain Operating CompanyPole To WinPole To WinPTW Japan＜Technical>Third-party verification, Environment construction, Server monitoring, Data center operations, and KittingPole To WinMIRAIt ServiceDesignNinjastarsOverseasSolutionTesting, Localisation, Voice recording, Customer support, Product development support, Graphic productionPTW InternationalMedia ContentsGraphic development, Game publishing, Animation production, Marketing support, andBarrier-free subtitles and audio guides productionQBISTCRESTPalabra123. Future Business Strategies3-2. Plans for Future Group CompositionThe following group reorganization is planned in May 2022, to promote the service and lifecycle solution business.Poletowin Pitcrew Holdings, Inc.Pole To Win, Inc.PTW International Holdings LimitedMSD Holdings Inc. MIRAIt Service Design co. ltdNinjastars Inc.PTW Japan Co., Ltd.Delfi Sound Inc.PTW Shanghai Co., Ltd.PTW America, Inc.PTW International UK LimitedPTWI India Private LimitedPTW (Singapore) Pte. Ltd.PTW Korea Co., Ltd.SIDE UK LimitedPTW Romania SRL.PTW International (Malaysia) Sdn. Bhd.SIDE LA, LLCPTW Canada Solutions, Inc.1518 Studios, Inc.OneXP UK LimitedOneXP LLC1518 Studios Rus LLCSIDE France SASPOLE TO WIN VIET NAM JOINT STOCK COMPANYCREST Inc.CREST JOB Inc.CREST company IncPalabra Inc.(Scheduled for May 1, 2022)QBIST Inc.colorful Inc.Panda Graphics Inc. PANDA Graphics TAIWAN INC.PANDA Graphics(Shanghai) Technology Co., Ltd.ai) Technology Co., Ltd.Domestic SolutionsOverseas SolutionsMedia Contents134. Reference: Corporate Profile/Our Business4-1. Corporate Profile（ As of January 31, 2022 ）Company NamePoletowin Pitcrew Holdings, Inc.RepresentativesTamiyoshi Tachibana, ChairmanTeppei Tachibana, President & CEOHead OfficeShinjuku NS Building, 2-4-1, Nishi-Shinjuku, Shinjuku-ku, Tokyo, JapanDate EstablishedFebruary 2, 2009Capital¥1,239 Million (As of January 31, 2022)Stock Exchange/Securities CodeTokyo Stock Exchange (First Section)(Securities Code: 3657 Abbreviation: Pole HD)Operations ancillary and pertaining to the control and management of business activities of the Company and the entire Group encompassed 40 consolidated subsidiaries.Major Group Businesses1. Testing/Verification & Evaluation Business Business DescriptionDetecting defects (finding bugs) in support of enhancing the quality of software and hardwareDetecting fraud and illegal or harmful information on the Internet to help websites operate soundly 2. Internet Supporting Business3. OthersIncluding medical staffing services, publishing/media businessesConsolidated Financial Results (Fiscal 2022)Net Sales: ¥34,252 MillionOrdinary Profit: ¥3,382 MillionNet Profit: ¥2,241 MillionNo. of Employees on Consolidated Basis: 6,642(including 2,466 full-time employees as of January 31, 2022)144. Reference: Corporate Profile/Our Business4-2. Group Composition Poletowin Pitcrew Holdings, Inc.(As of January 31, 2022)Testing/Verification & Evaluation BusinessPole To Win Co., Ltd.QaaS Co., Ltd.CREST Inc.PTW International Holdings LimitedQBIST Inc.colorful Inc.Panda Graphics Inc. PANDA Graphics TAIWAN INC.PANDA Graphics(Shanghai) Technology Co., Ltd.MSD Holdings Inc.MIRAIt Service Design co. ltdSOFTWISE CorporationMSD Secure Service Inc.Seitatsu Technology, Inc.Ninjastars Inc.CREST JOB Inc.CREST company IncPTW Japan Co., Ltd.entalize co., ltd.Delfi Sound Inc.PTW Shanghai Co., Ltd.PTW America, Inc.PTW International UK LimitedPTWI India Private LimitedPTW (Singapore) Pte. Ltd.PTW Korea Co., Ltd.SIDE UK LimitedPTW Romania SRL.PTW International (Malaysia) Sdn. Bhd.SIDE LA, LLCPTW Canada Solutions, Inc.1518 Studios, Inc.OneXP UK LimitedOneXP LLC1518 Studios Rus LLCSIDE France SASInternet Supporting BusinessPITCREW CO., LTD.POLE TO WIN VIET NAM JOINT STOCK COMPANYDaiichi Shorin Co., Ltd.Palabra Inc.Others154. Reference: Corporate Profile/Our Business4-3. Business Sites◼Operating in 11 cities in Japan and 21 sites in 12 overseas countries（As of January 31, 2022）U.K.3 sitesRussiaRomaniaFranceIndia2 sitesMalaysiaSouthKorea2 sitesCanadaChina4 sitesU.S.3 sitesNiigataKyotoVietnamSingaporeKitakyushuFukuokaOsakaGifuNagoyaSapporoSendaiTokyoKofu16Forward-looking Statements◼ The information on this website includes forward-looking statements. These forward-looking statements do not guarantee our future financial results, but involve risks and uncertainties that could cause actual results to differ materially from those discussed in the forward-looking statements.◼ Risks and uncertainties include general and industry market conditions, and general domestic and international economic conditions such as interest rate and foreign exchange fluctuations.◼ Poletowin Pitcrew Holdings, Inc., bears no obligation to update and revise the forward-looking statements disclosed herein, even in the event of new information, future events and other material incidents arising.17