Financial Results Briefing Materials for Third Quarter of

Fiscal Year Ending March 31, 2022

ADVANTAGE Risk Management Co., Ltd.

[Securities code: 8769 TSE 1st Section]

February 4, 2022

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Contents

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Overview of Financial Results

State of Each Business

  1. Mental Health Management Service
  2. Health and Productivity Management Service
  3. LTD Service (Long Term Disability)
  4. Work-LifeBalance Support Service
  5. Risk Financing Service

Revision of Consolidated Forecast

for the Fiscal Year Ending March 31, 2022

Progress of Medium-term Management Plan

©2022 Advantage Risk Management

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1

01 Overview of Financial Results

©2022 Advantage Risk Management

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Overall Business Results

FY2020

FY2021

YoY

3Q

3Q

Component

Component

(Millions of yen)

Results

of net sales

Results

of net sales

Change

% Change

(%)

(%)

Net sales

3,947

-

4,117

-

+169

+4.3%

Gross profit

3,052

77.3%

3,042

73.9%

-10

-0.3%

Operating profit

463

11.7%

134

3.3%

-328

-71.0

Ordinary profit

467

11.8%

132

3.2%

-334

-71.7%

Profit attributable to

319

8.1%

91

2.2%

-228

-71.4%

owners of parent

©2022 Advantage Risk Management

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Net Sales

(Millions of yen)

3,947

4,117

3,832

234

239

239

768

777

690

2,902

2,940

3,106

FY2019 3Q

FY2020 3Q

FY2021 3Q

Mental Health Management Service

Disability Support Service

Risk Financing Service

Net sales increased by 4.3% YoY but fell significantly short of the plan

Net sales increased YoY. However, as the increase in workload for the transition to a new system (ADVANTAGE TOUGHNESS) and slowdown of sales activities due to the unexpected retirement of sales personnel in a certain department as well as delays in the adoption of ADVANTAGE HARMONY for the Work- Life Balance Support Service due to people in charge at client HR departments prioritizing workplace vaccinations affected 3Q more than expected, net sales fell significantly short of the plan.

©2022 Advantage Risk Management

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Advantage Risk Management Co. Ltd. published this content on 18 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 February 2022 06:50:08 UTC.