Freebit Co., Ltd. · TSE:3843
Freebit — Q1 FYE4/2026 Earnings Presentation
51 slides from Freebit's earnings presentation, Sep 12, 2025
Slide 1: Financial Results for the First Quarter
Note: This document has been translated from the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail. FYE4/2026 Financial Results for the First Quarter FreeBit Co., Ltd. September 12, 20
Slide 2: Our 10-year plan from 2021 through 2030
Our 10-year plan from 2021 through 2030 2024 2027 2030 2030 2030 from The Garage again. from The Garage again. from The Garage again. Pre Core 6G/web4 5G/web3 5G/web3 Standby “Setup”
Slide 3: SILK VISION
(— SILK VISION >
Slide 4: Agenda
Agenda 1. Consolidated Financial Results for Q1 FYE4/2026 5 2. Results by Segment for Q1 FYE4/2026 15 3. Progress of Consolidated Financial Results for Q1 FYE4/2026 28 4. Appendix 40 FreeBit Co., Ltd. All Rights Reserved. 4
Slide 5: 1. Consolidated Financial Results for the 1st Quarter of FYE4/2026
1. Consolidated Financial Results for the 1st Quarter of FYE4/2026 FreeBit Co., Ltd. All Rights Reserved. 5
Slide 6: Summary of Consolidated Financial Results for the 1st Quarter of FYE4/2026
Summary of Consolidated Financial Results for the 1st Quarter of FYE4/2026 Q1 FYE4/2026 (Millions of yen) Q1 FYE4/2025 Percentage Increase/ Actual increase/ decrease decrease Net sales 13,291 15,177 +1,886 +14.2% Operating profit 1,462 1,687 +224 +15.3% Ordinary profit 1,451 1,650 +198 +13.7% 1,062
Slide 7: Topics for the 1st Quarter of FYE4/2026
Topics for the 1st Quarter of FYE4/2026 Operating profit through profit Net sales attributable to owners of parent Results Increase in net sales Expansion of offerings YoY comparison in FreeBit's B2B2X (B/C) + mobile services Increased profits in the 5G 5G Infrastructure Infrastructure Support Busin
Slide 8: YoY Variance Analysis: Net Sales
YoY Variance Analysis: Net Sales All segments, led by the 5G Lifestyle Support Business and the Enterprise/Creator 5G DX Support Business, performed steadily (up 14.2% YoY) Enterprise/Creator (Millions of yen) 5G Lifestyle 5G DX Support Fluctuations in Support Business: Business: inter-segment 5G In
Slide 9: YoY Variance Analysis: Operating Profit
YoY Variance Analysis: Operating Profit While the Enterprise/Creator 5G DX Support Business saw a decrease, the 5G Infrastructure Support Business and the 5G Lifestyle Support Business performed steadily (up 15.3% YoY) 5G Lifestyle Enterprise/Creator Support 5G DX Support (Millions of yen) Business:
Slide 10: Investment in “New Growth Drivers”
Investment in “New Growth Drivers” Investments were made in web3-related projects, such as the “StandAlone” platform and the 5G Healthstyle projects, based on “Portfolia,” our web3 infrastructure technology (Millions of yen) 5G Infrastructure Support Business Examples of anticipated new growth drive
Slide 11: YoY Variance Analysis: Ordinary Profit
YoY Variance Analysis: Ordinary Profit Steady rise in ordinary profit driven by strong operating profit performance (up 13.7% YoY) Increase in Effect of Increase in (Millions of yen) operating exchange rate interest profit change expenses Other +224 +26 -33 -18 1,650 1,451 Q1 FYE4/2025 Q1 FYE4/2026
Slide 12: YoY Variance Analysis: Profit Attributable to Owners of Parent
YoY Variance Analysis: Profit Attributable to Owners of Parent Growth in ordinary profit as well as the decrease in profit attributable to non-controlling interests due to GIGA PRIZE becoming a wholly owned subsidiary (based on voting rights) led to larger profit attributable to owners of parent (up
Slide 13: Trends in Revenue Structure: FYE4/2026 Q1
Trends in Revenue Structure: FYE4/2026 Q1 Despite an increase in cost of sales due to measures aimed at growth, operating profit grew steadily, backed by a continuous increase in net sales as well as higher efficiency in SG&A expenses through promoting unified management of the entire Group (Million
Slide 14: Consolidated Results Summary: BS Comparison
Consolidated Results Summary: BS Comparison The equity ratio rose to 18.1% due to an increase in retained earnings, driven by steady progress in business performance, and a reduction in interest-bearing debt, etc. (Millions of yen) Current Current Liabilities Assets Liabilities Assets 34,104 32,022
Slide 15: 2. Results by Segment for the 1st Quarter of FYE4/2026
2. Results by Segment for the 1st Quarter of FYE4/2026 FreeBit Co., Ltd. All Rights Reserved. 15
Slide 16: Composition by Segment
Composition by Segment Net sales increased with steady progress in all segments. Segment profit decreased in the Enterprise/Creator 5G DX Support Business due to a partial increase in costs, while other segments recorded profit growth 5G Infrastructure Support Net sales Segment profit or loss 18.2%
Slide 17: Performance Progress: 5G Infrastructure Support Business
Performance Progress: 5G Infrastructure Support Business Examples of anticipated new growth drivers SiLK VISION 2020 SiLK VISION 2024 SiLK VISION 2027 SiLK VISION 2030 Collaborative areas with GIGA PRIZE, new B2B platforms, Platform Maker services (web3, 5G, IoT, AI), DX, healthcare, IoT fields, etc
Slide 18: Performance Progress: 5G Infrastructure Support Business
Performance Progress: 5G Infrastructure Support Business Despite reduced service usage for B2B2X (B/C) Fixed Network and increased common costs due to workforce enhancement, etc., higher service usage for B2B2X (B/C) mobile resulted in a profit increase of 53.3% YoY Net sales / Segment profit (loss)
Slide 19: Trends in Recurring Revenue: 5G Infrastructure Support Business
Trends in Recurring Revenue: 5G Infrastructure Support Business While the B2B2X (B/C) Fixed Network is on a downward trend, the B2B2X (B/C) mobile progressed steadily, building a stable revenue base ■Mobile モバイル ■ Fixed Network 固定網 (Millions of yen) 2,355 2,219 2,110 2,167 1,957 2,024 523 1,946 1,85
Slide 20: Performance Progress: 5G Infrastructure Support Business
Performance Progress: 5G Infrastructure Support Business A portable fixed IP address service that enables easy and A comprehensive MVNO support service that packages lines, network highly secure access to internal servers from outside the office, infrastructure, various management tools, user suppor
Slide 21: Performance Progress: 5G Lifestyle Support Business
Performance Progress: 5G Lifestyle Support Business Examples of anticipated new growth drivers SiLK VISION 2020 SiLK VISION 2024 SiLK VISION 2027 SiLK VISION 2030 Collaborative areas with GIGA PRIZE, new B2B platforms, Platform Maker services (web3, 5G, IoT, AI), DX, healthcare, IoT fields, etc. Cre
Slide 22: Performance Progress: 5G Lifestyle Support Business
Performance Progress: 5G Lifestyle Support Business Despite reduced usage of fixed network services in 5G Lifestyle and larger costs for investments in web3-related projects, etc., steady progress of 5G Homestyle resulted in a profit increase of 19.3% YoY Net sales / Segment profit (loss) YoY varian
Slide 23: Performance Progress: 5G Lifestyle Support Business
Performance Progress: 5G Lifestyle Support Business The number of units provided with ISP services for apartment buildings - a key indicator for 5G Homestyle (GPG) - grew steadily, increasing by 34,000 from the end of the previous fiscal year (1,342,000 units) and reaching a cumulative total of 1,37
Slide 24: Trends in Recurring Revenue for 5G Homestyle
Trends in Recurring Revenue for 5G Homestyle: 5G Lifestyle Support Business Recurring revenue from the 5G Homestyle (GPG) ISP services for apartment buildings increased steadily, establishing a continuously growing revenue base (Millions of yen) FYE4/2026 2026年４月期 Q11QActual 実績 3,944 4,040 3,875 3,7
Slide 25: Performance Progress: Enterprise/Creator 5G DX Support Business
Performance Progress: Enterprise/Creator 5G DX Support Business Examples of anticipated new growth drivers SiLK VISION 2020 SiLK VISION 2024 SiLK VISION 2027 SiLK VISION 2030 Collaborative areas with GIGA PRIZE, new B2B platforms, Platform Maker services (web3, 5G, IoT, AI), DX, healthcare, IoT fiel
Slide 26: Enterprise/Creator 5G DX Support Business: Performance Progress
Enterprise/Creator 5G DX Support Business: Performance Progress Expansion driven mainly by the affiliate and e-commerce-related businesses. With strategic upfront investments to accelerate growth, the Company is on track toward full-year revenue and profit growth. Net Sales and Segment Profit (Loss)
Slide 27: Enterprise/Creator 5G DX Support Business: Topics
Enterprise/Creator 5G DX Support Business: Topics We aim to expand the practice of building fan communities in the 5G/web3 era Registered app users 143.9％ YoY Kentaro Sakaguchi Eiji Akaso Maika Yamamoto info.s EAWD MK.ZeRo Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Play.Goose Moka Kamishiraishi DEAN FUJIKOKA FYE4/2
Slide 28: 3. Progress of Consolidated Financial Results for the 1st Quarter of FYE4/2026
3. Progress of Consolidated Financial Results for the 1st Quarter of FYE4/2026 FreeBit Co., Ltd. All Rights Reserved. 28
Slide 29: Trend in Cumulative Quarterly Results
Trend in Cumulative Quarterly Results Net sales and operating profit for the first quarter of FYE4/2026 were solid compared to the full-year earnings forecast (Millions of yen) Net Sales Operating profit Earnings forecast Earnings forecast 60,000 6,100 5,883 55,073 5,489 51,306 1,193 46,771 1,217 43
Slide 30: Progress Towards the Consolidated Earnings Forecast
Progress Towards the Consolidated Earnings Forecast for the Fiscal Year Ending April 2025 Net sales and all levels of profit grew steadily. We expect progress to continue as planned in Q2 and onwards Q1 Actual Full-year Forecast Net sales 25.3% ¥15.17bn ¥60.0bn Operating 27.7% ¥1.68bn ¥6.1bn profit
Slide 31: Performance Progress by Segment
Performance Progress by Segment Both net sales and segment profit grew steadily in all segments. We expect progress to continue as planned in Q2 and onwards Net sales Operating Profit (Millions of yen) Actual Earnings Forecast Actual Earnings Forecast 5G 2,869 10,916 498 1,422 Infrastructure 5Gインフラ
Slide 32: Net Sales and Operating Profit Targets Under SiLK VISION 2027
Net Sales and Operating Profit Targets Under SiLK VISION 2027 (Millions of yen) Transformation 80,000 Term SiLK VISION 2024 SiLK VISION 2027 12,000 70,000 Net sales Net sales 63,000–70,000 Operating profit Operating profit 10,000 60,000 60,000 55,073 52,009 51,306 8,000 50,000 46,771 43,075 6,100 8,
Slide 33: Capital and business alliance
Capital and business alliance Becoming a wholly owned subsidiary (based on voting rights) Announced on January 31, 2025 33
Slide 34: Endeavoring to realize an identity federation platform
Recorded initial revenue from web3 development for SoftBank Endeavoring to realize an identity federation platform (decentralized internet architecture) using technologies like web3 Exploring the joint development of safe and secure smartphone services Jointly providing internet services for detache
Slide 35: Value Creation Committee
× Value Creation Committee To achieve the goals of SiLK VISION 2027, we envision becoming a “web3 implementation Establishment company leveraging expertise in telecommunications” and aim for further performance of the growth. As we do so, FreeBit and GIGA PRIZE have collaborated to form the “Value C
Slide 36: A fully web3-enabled technology platform
(Announced on Transforming into a web3 Platformer Maker by Leveraging Portfolia July 23, 2025) A fully web3-enabled technology platform developed as the culmination of over 20 years of technological innovation Web2.0 web3 A world dominated by platform providers A world of decentralization • Data mon
Slide 37: Portfolia Social Implementation Example: FreeBit In-Group Collaboration
Portfolia Social Implementation Example: FreeBit In-Group Collaboration By implementing “Portfolia” in all our product lines, we aim to achieve decentralized security and identity management for improving user convenience as well as realizing a dramatic reduction in operator costs. Additionally, we
Slide 38: FoRir
FoRir a el © freebit Platformers Maker Se. amreee = SoftBank Ox yi sree ce Oe Ge = ue Se Oe e e Ge Cfreerit Ox 38
Slide 39: One freebit
One freebit - Giga-speed for freedom — GiGaPrize 4) FullSpeed = © o «© i t &) =O freebit
Slide 40: 4. Appendix
4. Appendix FreeBit Co., Ltd. All Rights Reserved. 40
Slide 41: Corporate Profile and History
Corporate Profile and History (As of April 30, 2025) Corporate Profile History Company Name FreeBit Co., Ltd. May 2000 Established Mar. 2007 Listed on the TSE Mothers Market Head Office E-Space Tower, 3-6 Maruyama-cho, Shibuya-ku, Tokyo Made DREAM TRAIN INTERNET INC. (DTI) a consolidated Aug. 2007 s
Slide 42: Major Group Companies
Major Group Companies (As of April 30, 2025) 5G Infrastructure Support Business 5G Lifestyle Support Business Enterprise/Creator 5G DX Support Business FreeBit Co., Ltd. ISP support services, MVNE, cloud services, web3 related platforms https://freebit.com/en/ GIGA PRIZE Co., Ltd. Full Speed Inc. In
Slide 43: Segment Overview
Segment Overview 5G Infrastructure 5G eSIM Using 5G, eSIM, AI and Blockchain technology to provide infrastructure platforms that Support Business AI Blockchain connect people and products in a secure and affordable way Highlight Technology “Free you a bit” that began with “Free ISP’s ISP” “Emotion L
Slide 44: Segment Overview
Segment Overview 5G Lifestyle We provide business platforms that support the creation of services for safe and secure lifestyles, health, workstyles, and housing Support Business (1) 5G Lifestyle (TONE/DTI) We provide mobile communication services using smartphones and fixed line internet-related se
Slide 45: Segment Overview
Segment Overview 5G Lifestyle We provide business platforms that support the creation of services for safe and secure lifestyles, health, workstyles, and housing Support Business (2) 5G Homestyle (GIGA PRIZE) We are also focusing on establishing a new service in addition to our provision of internet
Slide 46: Segment Overview
Segment Overview Enterprise/Creator A business that supports the creation of platforms that enable everything from market creation and entry to the maintenance of 5G DX Support Business customer relationships for not only enterprises but for the creators and influencers who will be key to the future
Slide 47: Website information on SiLK VISION 2027, the Integrated Report and Our Roadmap
Website information on SiLK VISION 2027, the Integrated Report and Our Roadmap For more information, please visit our website home page and click on the appropriate images. Our Roadmap URL for “FreeBit's Strategic Pivot“ https://freebit.com/profile/roadmap.html URL for “Strategic Pivot” presentation
Slide 48: Quarterly Segment Changes
Quarterly Segment Changes Stable sales growth through recurring charges and steady improvement of profit margin (Net sales) 5G Infrastructure Support Business 5G Lifestyle Support Business Enterprise/Creator 5G DX Support Business (Segment profit margin) 5G Infrastructure Support Business ５Ｇインフラ支援事業
Slide 49: Quantitative Information (Financial Indicators)
Quantitative Information (Financial Indicators) FYE4/2015 FYE4/2016 FYE4/2017 FYE4/2018 FYE4/2019 FYE4/2000 FYE4/2021 FYE4/2022 FYE4/2023 FYE4/2024* FYE4/2025 Number of consolidated subsidiaries 11 11 14 20 24 27 19 20 21 21 25 Results (Millions of yen) Net Sales 21,469 28,389 35,222 38,653 50,365 5
Slide 50: Quantitative Information (Financial Indicators)
Quantitative Information (Financial Indicators) FYE4/2015 FYE4/2016 FYE4/2017 FYE4/2018 FYE4/2019 FYE4/2000 FYE4/2021 FYE4/2022 FYE4/2023 FYE4/2024* FYE4/2025 Profitability Ratio of operating profit to net sales (%) 5.8 6.7 3.8 4.8 5.9 4.7 6.5 7.3 8.6 11.1 10.7 ROA (Return on assets) (%) 5.4 6.4 3.4
Slide 51: Disclaimer
Disclaimer Forward-looking statements in this document, including our forecasts, outlooks, targets, plans and strategies, are based on information that we believe to be reasonable at the time of preparation of this document and on certain assumptions (hypotheses). Actual results may differ materiall