Investor Presentaiton

FY2016 Financial highlights ■Made record profits, despite continued active investment ■ EPS increased by 13% YoY, exceeding initial forecasts (due to reduction of legal effective tax rate and share buyback) ■Member restaurants increased 7% YoY GURUNAVI Net sales JPY 36,979 million +6.8% YoY Operating income Operating income on net sales JPY 6,740 million +4.8% YoY 18.2% (0.3 percentage points) YoY Profit attributable to owners of parent JPY 4,799 million +9.9% YoY * Basic earnings per share (EPS) Return on equity 25.1% +13.4% YoY +1.9 points YoY *Average number of shares issued excluding treasury shares FY2015: 48,431,510 shares FY2016: 46,931,986 shares Number of member restaurants (paid) Number of unique users Number of Gurunavi members 60,886 (At the end of March 2017) 61 million +6.9% YoY (In December 2016; 57 million users/month in December 2015) 14.89 million (As of April 1, 2017; 13.97 million members as of April 1, 2016) JPY 102.25 2017 Gurunavi, Inc. 2

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