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Top-Line Growth

October 1, 2020

Strong revenue growth with a CAGR of 69% since FY17

Note: USD = 100 JPY

Maintaining a Sub-1% Revenue Churn Rate

October 1, 2020

Demonstrating the stickiness of customers due to high switching costs

Note: The graph shows monthly gross revenue churn including partial churn and downgrades
1. Excludes all cases from Jan. 2020 to Sep. 2020 where a Covid-19 related reason was indicated as at least one of the reasons for churn in the customer questionnaire

Revenue and Cost Structure

October 1, 2020

Note: USD = 100 JPY
1. FY2019 operating profit + depreciation & amortization