Lancers, Inc.TSE: 4484

Financial Results for the 1st Quarter of Fiscal Year Ending March 31, 2022

· Issued by Lancers, Inc.

Financial Results

for the 1st Quarter of Fiscal Year Ending March 31, 2022

LANCERS,INC. (TSEMothers:4484)

© LANCERS, Inc. All Rights Reserved

© LANCERS, Inc. All Rights Reserved

August 12, 2021

Highlights

1Q results for FY ending March 2022

Status by segment

for FY ending March 2022

  • Progressing to realizeour 3-year goals and management policy for this term
  • Company-wideGMV, sales, and gross profit all grew
    • GMV 2,495 million JPY (+21% YoY)
    • Operating income: △41 million JPY (operating income excluding investments +63million JPY) (Previous△16million JPY )
  • GMV of Marketplace business is
    • GMV of new clients in marketplace business +29%, and GMV of existing clients also grew by 37%
    • In the managed service business, personnel relocation is in progress for the withdrawal of some (contracted) businesses
    • In the tech agent business, we will strengthen the organizational structure and change measures for recovery

Focused investment

status in

Marketplace

business

•

  • Product investments are steadily adjusted by external utilization (utilization of freelancers)
  • Marketing investments are proceeding as planned, centred on WEB advertising, and initiatives including alliances are expanding

© LANCERS, Inc. All Rights Reserved

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1 Company Profile

© LANCERS, Inc. All Rights Reserved

Company profile

EmpowermentofIndividuals

We will create a world where

anyone can live their own workstyle, with the power of technology

© LANCERS, Inc. All Rights Reserved

Company name

LANCERS, INC.

Business contents

Platform business

Founder and CEO

Yosuke Akiyoshi

Establishment

April, 2008

Staff

Approx. 200 employees*

*) Employees include full-time employees (excluding those who are seconded to outside the Group, but including those seconded to the company within the Group) and temporary workers(part- time workers).

3

Changes in Lancers' Gross Merchandise Value

(Unit: 100 million JPY)

100

90

80

CAGR

70

60

+

%

50

61

40

30

20

10

0

FY2008

FY2009

FY2010

FY2011

FY2012

FY2013

FY2014

FY2015

FY2016

FY2017

FY2018

FY2019

FY2020

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