Firstlogic : Financial Results FY3Q 7/2022

Financial Results

FY 3Q 7/2022

FIRSTLOGIC,INC

https://www.firstlogic.co.jp

Corporate Vision

Creating the fair RE investment market

RE : Real Estate

Supporting	Creating	Improving
the RE investors	the sound RE industry	the information of RE

Providing them with	Promoting	Providing
the knowledge and latest information	fair transaction and legal compliance	the accurate price information
		to the market

1

Management Policy FY 7/2022

１．To expand No.1 market share to realize the vision

２．Target : 4,700 RE agencies using Property Listing Service that is SaaS model（※１）

３．To increase the number of employees to achieve management policy

4. To start developing the new paid services for Rakumachi users (We plan to release it on 28th June 2022)

2

Overview

• We have revised our full-year earnings forecast again because Revenue and Operating profit exceeded the February 15,2022 Earnings forecast
• Progress rate improved in 2Q because of the cost reduction associated with the completion of the

relocation project

	FY7/2021 3Q	FY7/2022 3Q		YonY	Earnings estimates	Progress rate
		(Before correction)
Revenue (unit : million yen)	1,281	1,411	+130	+10.1%	1,818	+77.6%
Operating profit (unit : million yen)	641	768	+127	+19.9%	919	+83.6%
Ordinary profit (unit : million yen)	641	769	+128	+19.9%	919	+83.7%
Net profit (unit : million yen)	398	501	+103	+25.8%	601	+83.4%

Revenue of Property Listing Service (unit : million yen)（※）

Ratio of Property Listing Service (unit : % )（※）

RE agencies using Property Listing Service (unit: number)（※）

Number of property listings (unit: thousand)

Number of users (unit: thousand)

Page views (unit: million)

615	671	+56	+9.0%	－	－
49	48	-1	-2.0%	－	－
4,278	4,466	+188	+4.4%	－	－
50	52	+2	+4.5%	－	－
251	301	+50	+20.1%	－	－
101	105	+4	+3.6%	－	－

※Property Listing Service is SaaS

3

(unit : million yen)

Quarterly Trend of Revenue and Operating profit

• Operating profit increased because of the cost reductions resulting from the completion of the relocation project and an increase in operating revenues

◼ The number of hires at the end of 3Q is 24

Operating profit		Revenue		Operating profit ratio

500
450
400
350
300
250
200
150
100	60%	53%	54%				51%		52%	50%							53%	54%			49%	56%		54%	50%	52%				60%	58%
					47%	49%				45%	49%	48%	48%	48%	48%		45%
				43%	41%	43%		37%								39%
												29%
50
												16%
0	FY1Q	2Q	3Q	4Q	FY1Q	2Q	3Q	4Q	FY1Q	2Q	3Q	4Q	FY1Q	2Q	3Q	4Q	FY1Q	2Q	3Q	4Q	FY1Q	2Q	3Q	4Q	FY1Q	2Q	3Q	4Q	FY1Q	2Q	3Q
	2015				2016				2017				2018				2019				2020				2021				2022		4