Fullcast : Notice of Establishment of Medium-Term Management Plan 2024

February 10, 2022

For Immediate Release:

Company name:	Fullcast Holdings Co., Ltd.
Representative:	Kazuki Sakamaki,
	President, Representative Director and CEO

(Stock code: 4848; Stock Exchange listing: First Section of the Tokyo Stock Exchange)

Contact:	Yasuomi Tomotake,
	General Manager of the Finance and IR Department
Telephone:	[phone]

Notice of Establishment of "Medium-Term Management Plan 2024"

Fullcast Holdings Co., Ltd. announced today that it has established "Medium-Term Management Plan 2024".

1. Applicable period
   Three years from the fiscal year ending December 2022 to the fiscal year ending December 2024
2. Numerical Targets
   Consolidated operating profit of 10 billion yen in the fiscal year ending December 2024
3. Main Management Indicators(KPI)

Indicators for achieving "sustained improvement of corporate value"	: ROE of 20% or higher
Indicators related to shareholder returns	: Total return ratio of 50%
Indicators supporting "basic capital policy"	: D/E ratio upper limit 1.0

4. Summary of Business Strategy

• Short-TermOperational Support Business

・Integrate online and real-life using DX to further improve the service level provided to both staff and clients alike resulting in business growth

■ New Businesses and M&A

・Expand businesses established under the previous Medium-Term Management Plan ・Actively invest in M&A to take our business portfolio to the next stage of growth

■ Sales Support Business

・Expand the business by strengthening sales capabilities, diversifying product offerings, and horizontal expanding the entertainment business

• Security, Other Businesses

・Increase the number of stable permanent security projects, increase collaboration with other companies, and expand Group synergies

- 1 -

1

Medium-Term Management Plan

2024

Providing the best place

for people to bring out their best.

February 10, 2022

FULLCAST HOLDINGS CO., LTD. (4848)

Copyright © 2022 by FULLCAST HOLDINGS CO., LTD. All rights reserved

2

Review of Previous Medium-Term

Management Plan

Copyright © 2022 by FULLCAST HOLDINGS CO., LTD. All rights reserved

Review of Previous Medium-Term Management Plan: Operating Profit 3

We achieved our target of a record high 5.0 billion yen in operating profit ahead of schedule in FY12/18.

We revised our Medium-Term Management Plan targets from FY12/19. Performance for FY12/20 fell short of this target due to the impacts of COVID-19.

80			A record high
	Operating profit (bn yen)			7.9
			profit of
70
		5.0 billion		7.2
	Initial MTMP (FY16-FY20)
	yen	6.8
60	Revised MTMP (FY16-FY20)			6.1
				5.9
	Results
50
					5.0
40			4.4	4.1
30			3.5
	2.9	3.0
20	2.6
10
0
	FY16	FY17	FY18	FY19	FY20

Fullcast postponed the announcement of its new Medium-Term Management Plan after determining that the COVID-19 pandemic was like to continue unabated.

Copyright © 2022 by FULLCAST HOLDINGS CO., LTD. All rights reserved

Review of Previous Medium-Term Management Plan: KPIs	4

All KPIs grew from FY12/15 to FY12/20, led by strong growth in operating profit.

Net sales		Operating profit

(Yen)		43.2 bn	(Yen)	6.1 bn
		New/Global
	CAGR	Security
22.6 bn	14％			CAGR
			2.3 bn	22％
		Short-Term Operational Support
FY15		FY20	FY15	FY20

Number of operating workers

(Persons)
	210,943
165,304	CAGR
	5％

Gross profit per 1 yen of personnel costs

(Yen)

2.5 yen

2.4 yen	CAGR
	1％

FY15	FY20	FY15	FY20
	Copyright © 2022 by FULLCAST HOLDINGS CO., LTD. All rights reserved