All amounts have not been audited and are in accordance with Japan GAAP.

Amounts in U.S. dollars are for convenience only and exchanged at the rate of: 1US$=147.84 yen.

Except per share data, Yen = millions; USD = thousands.

1Q2023
(Yen)
2Q2023
(Yen)
3Q2023
(Yen)
4Q2023
(Yen)
4Q2023
(USD)
Net Sales
58,704
60,831
64,189
64,965
439,431
Cost of sales
14,395
15,107
15,931
18,226
123,285
Operating Expenses
34,759
37,084
36,832
43,749
295,924
Operating income
9,548
8,639
11,424
2,989
20,221
Other income (expenses)
-569
830
2,061
1,256
8,495
Ordinary income
8,979
9,470
13,486
4,245
28,717
Extraordinary Income (loss)
0
-104
0
-4,098
-27,722
Income before taxes
8,979
9,365
13,486
147
996
Taxes
2,604
3,883
12,536
2,195
14,853
Minority interest
0
0
0
-26
-177
Net income
6,374
5,482
950
-2,074
-14,034

Asset Items
Cash equivalents
173,696
187,740
188,897
247,856
1,676,519
Marketable securities, securities investments
121,594
119,170
126,697
68,079
460,492
Deferred revenue
195,225
203,061
202,356
211,532
1,430,818

Sales by region
Japan
20,914
20,689
20,551
20,846
141,009
Americas
13,446
14,065
15,389
14,742
99,721
Europe
11,012
12,440
13,359
13,831
93,554
Asia Pacific
13,330
13,637
14,888
15,544
105,146
Total
58,704
60,831
64,189
64,965
439,431

Sales by segment
All Enterprise
45,120
47,218
50,563
50,853
343,979
Consumer
13,583
13,613
13,625
14,111
95,452
Total
58,704
60,831
64,189
64,965
439,431

(Cost)
Goods/Software Amortization & Capitalization
1,772
2,953
3,647
5,338
36,106
Stock option cost
1,136
775
-127
1,814
12,273
Acquisition related costs
704
1,033
1,041
1,037
7,014
Selling & Marketing
4,271
5,393
5,481
7,393
50,009
Administration
4,396
3,697
3,534
4,213
28,502
Cloud
6,331
6,724
7,075
7,196
48,680
Outside service
6,049
6,036
5,991
6,958
47,064
Office overhead
2,076
2,088
2,239
2,346
15,872
Salary & Benefit
22,415
23,489
23,879
25,677
173,684
Total
49,155
52,192
52,764
61,975
419,209