Investor Presentaiton

Consolidated sales breakdown (JPY million) Q3 FY2020 (Apr.-Dec.) Q3 FY2021 (Apr.-Dec.) Net sales 12,041 9,563 (20.6)% YOY (for reference) Cumulative retained services YoY decrease due to weak orders in the first half of the year and the effect of the discount campaign for the new member plan (Sep. to Jan.) Recovering from December due to improved external environment Restaurant promotion services 10,037 7,692 Spot services (23.4)% Cumulative retained services 7,749 6,381 (17.7)% YoY decrease in online reservation commission sales, which had been boosted by the Go To Eat campaign Promotions Spot services Promotions 2,288 1,311 (42.7)% 1,484 920 (38.0)% Related businesses 519 950 82.8% Revenue from contracted management of the Go To Eat campaign and Gurunavi FOODMALL (ended FY2020 Q4) was declined/was eliminated Related businesses Recorded contracted business fee from Rakuten Group. (JPY million) 10,000 9,000 Effects of the Go To Eat campaign, etc. ■Related businesses 8,000 461 451 433 200 382 7,000 118 179 1,511 293 967 1,021 995 Promotions 6,000 184 1,033 5,000 4,000 160 1,750 239 Spot services 317 653 412 3,000 6,014 5,978 6,093 5,823 515 235 360 354 218 208 493 2,000 133 369 681 ■Cumulative retained 3,148 3,250 1,000 125 2,730 services 2,320 2,131 1,928 1,350 0 Q1 Q2 Q3 84 Q4 Q1 Q2 Q3 4 Q4 00 Q1 Q2 Q3 FY2019 FY2020 FY2021 GURUNAVI 5

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