Investor Presentaiton

Sales and costs & expenses (JPY million) 40,000 Sales ■Related businesses Promotions Costs & Expenses (JPY million) 40,000 Cost of sales Advertising and promotion expenses Other expenses ■Business consignment expenses ■Rent expenses ■Personnel expenses 35,000 ■Spot services ■Cumulative retained services 2,381 35,000 1,007 2,214 2,638 989 2,761 30,000 2,529 30,000 750 2,786 1,847 924 2,323 1,698 25,000 25,000 1,298 921 1,033 1,670 1,772 1,529 1,820 1,062 1,076 1,008 1,138 20,000 20,000 831 827 1,006 GURUNAVI 8,832 8,626 8,683 7,817 6,114 2,773 5,191 5,096 2,363 2.458 5,398 3,037 2,718 4,575 589 15,000 668 839 30,951 2,272 15,000 3,989 28,883 2,150 3,542 4,185 27,277 1,393 4,191 4,485 25,109 2,658 4,242 1,295 22,490 2,562 4,003 2,331 21,091 4,004 2,169 10,000 20,313 20,431 10,000 1,904 1,565 1,218 3,769 1,879 1,366 1,471 1,173 17,346 1,115 1,100 1,326 1,252 1,116 3,137 1,133 13,505 1,283 1,227 5,000 5,000 1,058 779 1,097 7,438 7,190 7,833 8,313 8,867 9,510 9,833 6,279 5,109 4,025 0 0 FY2007 FY2008 FY 2009 FY2010 FY2011 FY2012 FY2013 FY2014 FY2015 FY 2016 2017 Gurunavi, Inc. FY 2007 FY 2008 FY 2009 FY2010 FY2011 FY2012 FY2013 FY2014 FY2015 FY2016 31

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