ALBERT : FY12/21 3Q Financial Results

ALBERT Inc.（Ticker: 3906, TSE Mothers Market）

FY12/21 3QFinancial Results

November 15, 2021

ALBERT Inc.

Shinjuku Front Tower 15F

2-21-1,Kita-Shinjuku,Shinjuku-ku, Tokyo, Japan, 169-0074www.albert2005.co.jp/

Contents

1. Financial Results
2. Business Overview
3. Appendix

© 2021 ALBERT Inc.

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1.Financial Results

Executive Summary

• Record-highsales and profit in 3Q.

• Sales 2,399 million yen (YoY +25.5%), Gross profit 1,366 million yen (YoY +16.7%), Operating profit 271 million yen (+215.5%)
• Some large-scale projects which aim for whole company's Digital Transformation(DX), lead our business growth.
• We have already completed the market selection process to "Growth Market".

• Increasing profitable and continuous projects. Aiming to improve our quality of revenue.

• Long-term/large-scaleprojects and AI system development projects expected continuous orders from customers as stock-type revenue are upward trend.
• Due to the AI system development project order received was delay and appearing an additional production requirement, we accounted provision for less orders received additionally. (3Q 81 million yen, total 187 million yen)

© 2021 ALBERT Inc.

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Income Statement

	FY12/20		FY12/21						FY12/21
		Change		Percentage change	forecast		Progress rate
In million yen	3Q cum.		3Q cum.
						(announced Feb. 15)
Net sales	1,912	2,399	+487	+25.5%	3,380	71.0%
Gross profit	1,171	1,366	+195	+16.7%	－	－
Gross profit	61.2	%	57.0	-	4.3	pt	－	－	－
margin		%
		（ 64.8％ *excl. the provision）
Operating profit (loss)	86	271	+185	+215.5%	404	67.2%
Operating	4.5		11.3	+	6.8	pt	－	12.0		－
profit margin		%	%				%
		（ 19.1％ *excl. the provision）
	35	201	+	236		267	75.3
Profit (loss)	-					－				%

• Recording record-high sales in 3Q.
• • Promoting transactions with existing priority customers strategically, which promoting led the business growth.
  • Sales and profit were driven by the large-scale project aim for whole company's DX, expected long-term transaction.
  • Our business structure is heavily weighted toward 2H, and we are making steady progress toward achieving the forecast.
• Some of AI system development projects are in operation. However, accounting the provision for less on orders received at a part of the projects.
• • We focus on the AI system development project, which is expected to sustainable and continuous transaction.
  • Accounting 187 million yen the provision for less on orders received in 3Q, as a delay from the initially expected schedule and additional man-hours incurred.

© 2021 ALBERT Inc.

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