FinTech Global Incorporated : Summary of Financial Statements for Fiscal 2018

UNOFFICIAL TRANSLATION

The following is a translation, for convenience only, of the original document issued in Japanese.

Summary of Financial Statements for Fiscal 2018

Company Name:FinTech Global Incorporated (URL:http://www.fgi.co.jp/ english)Representative: President and Chief Executive Officer Inquiries: Member of the Board, Senior Executive Officer Scheduled date of General Shareholders' Meeting: December 19, 2018

Scheduled date for filing of securities report: December 20, 2018

1. Overview of financial condition and business results for fiscal 2018 (October 1, 2017- September 30, 2018)

(1) Business resultsFiscal 2018

Fiscal 2017

Revenues

Millions of yen

(Reference) Comprehensive income:Operating income

(Code Number: 8789 TSE Mothers)

TEL: [phone]

Name: Nobumitsu Tamai Name: Takashi Senda

November 8, 2018

(Rounded down to the nearest million)

（Percentages indicate year-on-year changes.）

Ordinary profitProfit/(loss) attributable to owners of parent

3,689 (48.6)

%Millions of yen

% － －

Millions of yen

7,182

% － －

Millions of yen

(4.1)

（1,072） （1,319）

（1,227） （1,341）

（820） （1,358）

% － －

（1,004） million yen for fiscal 2018 （1,186） million yen for fiscal 2017

(－%) (－%)

Net income/(loss) per share	Net income/(loss) per share (diluted)	Return on equity (ROE)	Return on assets (ROA)	Return on sales (ROS)
Fiscal 2018 Fiscal 2017	Yen (4.79) (8.39)	Yen － －	% （13.5） （24.6）	% （9.1） （11.2）	% （29.1） （18.4）

(Reference) Equity in earnings of affiliated companies: － million yen for fiscal 2018 11 million yen for fiscal 2017

(2) Consolidated financial position

Total assets	Net assets	Equity ratio	Net assets per share
Fiscal 2018 Fiscal 2017	Millions of yen 14,016 12,932	Millions of yen 8,551 5,326	% 52.2 37.1	Yen 39.31 29.64

(Reference) Shareholders' equity:

7,311 million yen for fiscal 2018 4,800 million yen for fiscal 2017

(3) Consolidated cash flows

(Unit: Millions of yen)

Cash flows from operating activities	Cash flows from investing activities	Cash flows from financing activities	Cash and cash equivalents at end of period
Fiscal 2018 Fiscal 2017	(2,978) (1,153)	(2,008) (1,026)	5,771 2,937	3,847 2,969

2. Dividends

Dividends per share					Total dividends (Annual)	Payout ratio (Consolidated)	Dividends on equity (DOE) (Consolidated)
Record date	End of first quarter	End of second quarter	End of third quarter	End of fiscal year				Total
Fiscal 2017 Fiscal 2018	Yen － －	Yen 0.00 0.00	Yen － －	Yen 0.00 0.00	Yen 0.00 0.00	Millions of yen - -	% － －	% － －
Fiscal 2019 (Forecast)	－	0.00	－	－	－	－

(Note) The dividend forecast for fiscal year ending September 30, 2019, is yet to be determined.

3. Full-year performance forecasts for fiscal 2019 (October 1, 2018 - September 30, 2019)

）

（The percentages in the table indicate year-on-year changes.）
Revenue	Operating income	Ordinary profit
First two quarters Fiscal 2019	Millions of yen － 11,040 % － 199.3	Millions of yen － 510 % - -	Millions of yen － 310 % - -

(Note)1. Performance forecasts for the first two quarters of fiscal 2019: None

2. Gross profit forecast is 6,880 millions of yen.

Matters of note

• (1) Transfer of principal consolidated subsidiaries during the term

  (Transfer of specified subsidiaries accompanying change in scope of consolidation.): None

• (2) Changes in accounting policies, changes in accounting estimates, restatements:

  • 1. Changes based on revision of accounting standards: None

  • 2. Changes other than (1) above: None

  • 3. Changes in accounting estimates: None

  • 4. Restatements: None

(3) Number of shares issued

1. Number of shares outstanding (including treasury stock):	185,986,400 shares for fiscal 2018
161,935,300 shares for fiscal 2017
2. Number of shares of treasury stock:	- shares for fiscal 2018
- shares for fiscal 2017
3. Average number of shares outstanding for each period:	171,361,223 shares for fiscal 2018
161,932,894 shares for fiscal 2017

(Reference) Summary of non-consolidated financial condition and business results

1. Non-consolidated financial condition and business results for fiscal 2018

(October 1, 2017 - September 30, 2018)

(1) Non-consolidated business results

(Percentages indicate year-on-year changes.)Fiscal 2018

Fiscal 2017

Revenues	Operating income
Millions of yen	% Millions of yen
1,538

44.2 1,066 (53.0)

Ordinary profit	Net income/(loss)
%	Millions of yen	%	Millions of yen	%
（313）	－	（252）	－	56	－
（1,152）	－	（1,054）	－	（1,017）	－

Net income/(loss) per share	Net income per share (diluted)
Fiscal 2018 Fiscal 2017	Yen 0.33 (6.28)	Yen 0.33 －

(2) Non-consolidated financial position

Total assets	Net assets	Equity ratio	Net assets per share
Fiscal 2018 Fiscal 2017	Millions of yen 11,219 8,635	Millions of yen 7,757 5,688	% 68.8 65.3	Yen 41.48 34.83

(Reference) Shareholders' equity: 7,713 million yen for fiscal 2018, and 5,640 million yen for fiscal 2017

* This summary of financial statements is not subject to audit procedures by certified public accountant or an auditing firm.

* Information concerning appropriate use of forward-looking statements, and other matters of note

Forward-looking statements in this report are based on data available to management as of November 8, 2018, and certain assumptions considered reasonable at the time of disclosure. Actual results may differ considerably from estimates due to unforeseen factors.