Financial

Summary of Financial Results: Fiscal Year Ending December 31, 2019

Published by KLab

Summary

From the report

Summary of Financial Results for Fiscal Year Ending December 31, 2019 (Japanese GAAP) (Consolidated) This document has been translated from 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. February 13, 2020 Name of listed company: KLab Inc. Stock exchange listing: Tokyo Stock Exchange First Section Securities code: 3656 URL: http://www.klab.com/jp/ Representative: [Name] Hidekatsu Morita [Title] Representative Director, President and CEO Contact: [Name] Kazuyuki Takata [Title] Senior Managing Director TEL: +81-3-5771-1100 Scheduled date for annual shareholders meeting: March 28, 2020 Scheduled filing date for securities report: March 30, 2020 Scheduled date for dividends payment: － Supplementary information for quarterly results: Yes Information meeting for quarterly financial report: Yes * Institutional investors and analysts only (Amounts of less than one million yen are rounded down) 1. Consolidated Operating Performance of FY2019 (January 1, 2019 – December 31, 2019) (1) Consolidated Operating Results (year-to-date) (% represents rate of increase or decrease over same period of previous fiscal year) Revenue Operating income Ordinary income Profit attributable to owners of parent Million yen % Million yen % Million yen % Million yen % FY2019 31,109 (4.8) 1,673 (66.5) 1,625 (67.5) 383 (85.1) FY2018 32,673 22.0 4,995 2.1 4,997 3.0 2,570 (17.8) Note: Comprehensive income FY2019: 493 million yen [(79.6%)] FY2018: 2,421 million yen [(23.6%)]

fit attributable to owners of parent Million yen % Million yen % Million yen % Million yen % FY2019 31,109 (4.8) 1,673 (66.5) 1,625 (67.5) 383 (85.1) FY2018 32,673 22.0 4,995 2.1 4,997 3.0 2,570 (17.8) Note: Comprehensive income FY2019: 493 million yen [(79.6%)] FY2018: 2,421 million yen [(23.6%)] Net income Diluted net income Ratio of net Ratio of ordinary Ratio of per share per share income to equity income to total operating income assets to revenue Yen Yen % % % FY2019 10.20 10.02 2.6 7.6 5.4 FY2018 69.03 66.59 19.0 26.4 15.3 Reference: Equity in earnings (losses) of affiliates FY2019: (20) million yen FY2018: (4) million yen (2) Consolidated Financial Status Total assets Net assets Equity Ratio Net assets per share Million yen Million yen % Yen FY2019 23,669 17,194 65.3 406.91 FY2018 19,245 14,466 75.1 387.36 Reference: Shareholder’s Equity FY2019: 15,463 million yen FY2018: 14,450 million yen (3) Consolidated Cash Flows Net cash provided by Net cash provided by Net cash provided by Cash and cash (used in) operating (used in) investing (used in) financing equivalents at end of activities activities activities period Million yen Million yen Million yen Million yen FY2019 1,504 (2,848) 2,855 6,669 FY2018 3,796 (5,110) (704) 4,639

2. Dividends Annual dividends Total Dividend Ratio of amount of payout dividends to End of Q1 End of Q2 End of Q3 Year end Total dividends ratio net assets (Total) (Consolidated) (Consolidated) Yen Yen Yen Yen Yen Million Yen % % FY2018 － 0.00 － 0.00 0.00 －－－ FY2019 － 0.00 － 0.00 0.00 －－－ FY2020 － 0.00 － 0.00 0.00 － (Forecast) 3. Consolidated Operating Performance Forecasts for FY2020 (January 1, 2020 – December 31, 2020) (% represents rate of increase or decrease over same period of previous fiscal year) Revenue Operating income Ordinary income Profit attributable to Net income owners of parent per share Million yen % Million yen % Million yen % Million yen % Yen Fiscal Year ～40,000 28.6 3,000 79.3 3,000 84.6 2,100 447.1 55.26 35,000 ～12.5 ～1,000 ～-40.3 ～1,000 ～-38.5 ～750 ～95.4 ～19.74 The consolidated operating performance forecasts for FY2020 are shown in a range format. For more information on performance forecasts, please refer to “1. Qualitative Information on Management Performance; (4) Forecasts and Various Factors in the Future” on page 3 of Supporting Information. ■ Explanatory Notes (1) Changes to major subsidiaries during the period: None (Changes to specified subsidiaries accompanying changes in scope of consolidation) (2) Changes to accounting policies, estimates, and restatements ① Changes to accounting revision of accounting standards: None ② Changes other than ①: None ③ Changes to accounting estimates: None ④ Restatements: None

hanges to specified subsidiaries accompanying changes in scope of consolidation) (2) Changes to accounting policies, estimates, and restatements ① Changes to accounting revision of accounting standards: None ② Changes other than ①: None ③ Changes to accounting estimates: None ④ Restatements: None (3) Number of outstanding shares (common shares) ① Period end outstanding shares FY2019 38,171,900 shares FY2018 37,696,200 shares (including treasury shares) ② Period end treasury shares FY2019 170,000 shares FY2018 390,500 shares ③ Average outstanding shares FY2019 37,647,099 shares FY2018 37,227,934 shares during the period [Reference] Summary of Non-Consolidated Operating Performance 1. Non-Consolidated Operating Performance for FY2019 (January 1, 2019 – December 31, 2019) (1) Non-Consolidated Operating Results (% represents rate of increase or decrease over same period of previous fiscal year) Revenue Operating Income Ordinary income Net income Million yen % Million yen % Million yen % Million yen % FY2019 30,802 (4.9) 1,766 (64.9) 2,029 (60.7) 1,191 (56.7) FY2018 32,395 21.7 5,028 1.6 5,164 6.5 2,749 (5.7) Net income Diluted net income per share per share Yen Yen FY2019 31.65 31.10 FY2018 73.85 71.23

(2) Non-Consolidated Financial Status Total assets Net assets Equity ratio Net assets per share Million yen Million yen % Yen FY2019 22,427 15,980 71.2 420.16 FY2018 19,212 14,206 73.9 380.42 Reference: Shareholder’s Equity FY2019: 15,966 million yen FY2018: 14,191 million yen * The summary of financial results are not subject to audit procedures.

Supporting Information INDEX 1. Qualitative Information on Management Performance 2 (1) Analysis of Operating Results 2 (2) Analysis of Financial Status 2 (3) Analysis of Cash Flows 2 (4) Forecasts and Various Factors in the Future 3 2. Rationale Behind the Choice of Accounting Standards 3 3. Consolidated Financial Statements 4 (1) Consolidated Balance Sheets 4 (2) Consolidated Statements of Income and Comprehensive Income 6 (3) Consolidated Statements of Changes in Equity 8 (4) Consolidated Statements of Cash Flows 10 (5) Notes Related to Consolidated Financial Statements 12 (Notes Related to Ongoing Concern Assumptions) 12 (Segment information) 12 (Per Share Data) 14 (Significant Subsequent Events) 14

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Type: Financial

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