Investor Presentaiton

Consolidated income statement (JPY million) GURUNAVI FY2015 Ratio to sales FY2016 Ratio to sales YOY Increase Net Sales 34,617 100.0% 36,979 100.0% 6.8% Cost of sales 8,626 24.9% 8,832 23.9% 2.4% Gross profit 25,990 75.1% 28,146 76.1% 8.3% SG&A expenses 19,560 56.5% 21,406 57.9% 9.4% Operating income 6,429 18.6% 6,740 18.2% 4.8% Ordinary income 6,492 18.8% 6,813 18.4% 4.9% Profit before income taxes 6,485 18.7% 6,813 18.4% 5.1% Profit attributable to owners of 4,367 12.6% 4,799 13.0% 9.9% parent 2017 Gurunavi, Inc. 3

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