目次

April, 28,20161st Quarter, Business Results for the

Fiscal Year Ending December 31, 2016

CONTENTS

1 FY2016Q1 Summary of Consolidated Financial Results

2 Marketing Business

3 FY2016 Progress of Earnings Forecast

1

4

Reference Materials 25

Reference Materials 1“Road map & Medium and long term strategy”

＊Unstated amounts are rounded down to the nearest one million yen unit, and percentages are rounded to the nearest unit.

FY2016Q1Summary of Consolidated Financial ResultsFinancial Results

FY2016Q1 Executive Summary

Total�Substantial increases in revenue and earnings

Revenue ：18,551（YoY+13.1%）Operating income ： 889（YoYApprox.2.5times）

Marketing

�Achieved record highs in the gross profit margin and operating income

�Substantial improvements in profit margins

Revenue ：18,188（YoY+12.8%）

3

Marketing Business

Revenue ：18,188（YoY+12.8%）Gross profit ： 3,529（YoY+17.5%）Operating income ： 1,052（YoYApprox.1.7times）Gross profit margin ：19.4% (YoY+0.8p)Operating income margin ： 5.8%(YoY+1.9p)

Investment and Value Creation

BusinessOperating loss ： 46

Overseas Business

Revenue ：363Operating loss ： 16

FY2015 Q1 FY2016 Q１ YoY

Revenue 16,397 18,551 +13.1%

Gross profit 3,200 3,814 +19.2%

SGA 2,836 2,924 +3.1%

EBITDA 628 1,122 +78.7%

FY2016Q1 Summary of Consolidated Financial Results

[Consolidated]

4

EBITDA 628 1,122 +78.7%

Operating income 363 889 Approx.2.5times

Ordinary income 288 817 Approx.2.8times

Net income 120 180 +50.2％Gross profit

margin 19.5％ 20.6％ +1.1pOperating income

margin 2.2％ 4.8％ +2.6pNet income

margin 0.7％ 1.0％ +0.3p

FY2015 Q1 FY2016 Q1 YoY

Revenue 16,397 18,551 +13.1％

Gross profit 3,201 3,814 +19.1％

SGA 2,782 2,879 +3.5％

[Result excluding the Investment and Value Creation Business]

FY2016Q1 Summary of Consolidated Financial Results

5

SGA 2,782 2,879 +3.5％

EBITDA 685 1,168 +70.5%

Operating income 419 935 Approx.2.2times

Gross profitmargin 19.5% 20.6％ +1.1ｐ

Operating incomemargin 2.6% 5.0％ +2.4ｐ

FY2014 FY2015 FY2016

Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 YoY

Marketing Business

Revenue 14,081 14,233 15,105 14,877 16,122 15,585 15,441 14,679 18,188 +12.8%

Operating income 125 178 298 289 633 340 496 345 1,052 Approx.

1.7times

Investment and Value

Revenue 4,654 0 0 204 0 392 1 627 0 ―

FY2016Q1 Summary of Consolidated Financial Results

[Consolidated Quarterly Revenue and Operating Income (Loss) by Segment]

and Value Creation Business

Operating income 4,482 (15) (31) (60) (55) 310 (38) 392 (46) ―

Overseas Business

Revenue 349 416 503 480 309 358 372 383 363 +17.4%

Operating income (46) (70) (2) 0 (29) (10) (34) (15) (16) ―

OtherRevenue 516 508 537 514 (34) (57) (68) (61) 0 ―

Operating income (173) (216) (144) (143) (183) (186) (204) (139) (100) ―

TotalRevenue 19,602 15,158 16,145 16,077 16,397 16,278 15,747 15,628 18,551 +13.1%

Operating income 4,388 (123) 120 86 363 454 219 583 889 Approx.

2.5times

6

1,040

274

300 304

362

4,654

204 392 116,000

17,000

18,000

19,000

20,000

Marketing Business Overseas Business and Other Investment and Value Creation Business

〜〜

FY2016Q1 Summary of Consolidated Financial Results

[Revenue]

14,081 14,23315,105 14,877

16,12215,585 15,441

14,679

18,188866 925

1,040995

300 304

322627

10,000

11,000

12,000

13,000

14,000

15,000

Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1

FY2014 FY2015 FY2016

7

284

343 1445

3,200

3,400

3,600

3,800

4,000

Marketing Business Overseas Business and Other Investment and Value Creation Business

4,496

FY2016Q1 Summary of Consolidated Financial Results

[Gross profit by segment]

〜〜

2,3952,501

2,8072,652

3,004 2,945 2,9772,839

3,529

421392

424

457

197152

206

234

2,000

2,200

2,400

2,600

2,800

3,000

3,200

Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1

FY2014 FY2015 FY2016

8

633496

1,052310

392

300

400

500

600

700

800

Marketing Business Investment and Value Creation Business Overseas Business Other Adjustment

FY2016Q1 Summary of Consolidated Financial Results

[Operating income by segment]

〜〜4,482

125 178298 289 340

496

345

(15) (31) (60) ( 55) (38) (46)

(200)

(100)

0

100

200

Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1

FY2014 FY2015 FY2016

9

Totaloperatingincome

4,388 (123) 120 86 363 454 219 583 889

TotalOperating Income

Excluding Investmentand Value Creation

Business

(94) (108) 151 146 419 143 257 190 935

FY2016Q1 Summary of Consolidated Financial Results

[SGA costs]

1,000

1,500

2,000

2,500

3,000

10

Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1

FY2014 FY2015 FY2016

Total SGA 2,924 3,017 3,111 3,011 2,836 2,986 2,966 2,937 2,924

Earning Incentives(non-consolidated basis) 221 150 90 90

Personal expenses 1,679 1,741 1,857 1,820 1,779 1,815 1,858 1,795 1,780

Rents 173 177 195 186 234 235 238 257 248

Advertising expenses 95 65 88 75 25 37 37 47 35

Depreciation and amortization 78 161 184 176 172 174 180 183 149

Others 675 721 695 662 624 724 651 652 711

0

500

1,000

FY2016Q1 Summary of Consolidated Financial Results

[Number of employees]

1,000

1,250

1,500

11※Excluding temporary staff and dispatch workers

Q1 Q2 Q3 Q4 Q1 Ｑ２ Q3 Q4 Q1

FY2014 FY2015 FY2016

Consolidated number of employees 1,408 1,626 1,608 1,459 1,425 1,470 1,453 1,381 1,366

0

250

500

750

Marketing BusinessMarketing Business

Marketing Business

�Substantial increases in revenue and earnings

Clients�Robust trends in cultivating new clients�Large-scale orders from existing clients�Seasonal special demand

�All subsidiaries in the Marketing Business experiencing robust results spearheaded by OPT

13

Products �Increase in the volume of smartphone advertising transactions handled

Profitability �Improvement in profitability �Posted a profit in new products consolidated companies

Marketing Business

Shift from a profitability improvementto an earnings -growth phase

―Target continuous increases in revenue and earnings― Increase revenue and

earnings

Cultivate new clients

14

Profitability phase Earnings growth phase

Promote a policy of

profitability improvement

Optimize management

resources

15,000

16,000

17,000

18,000

Marketing Business

[Revenue]

YoY+12.8%

11,000

12,000

13,000

14,000

15,000

Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1

FY2014 FY2015 FY2016

15

17.6%

18.6%

17.8%

18.6%18.9%

19.3% 19.3% 19.4%

18.0%

18.5%

19.0%

19.5%

20.0%

3,000

3,200

3,400

3,600

Marketing Business

[Gross profit/Gross profit margin]

Gross profit marginYoY+0.8p

17.0%

17.6%

15.0%

15.5%

16.0%

16.5%

17.0%

17.5%

2,200

2,400

2,600

2,800

3,000

Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1

FY2014 FY2015 FY2016

16

Gross profitYoY+17.5%

3.9%

5.8%

4.0%

5.0%

6.0%

7.0%

800

1,000

Marketing Business

[Operating income / Operating income margin]

Operating incomeYoY Approx. 1.7 times

0.9%1.3%

2.0% 2.0%

2.2%

3.2%

2.4%

0.0%

1.0%

2.0%

3.0%

0

200

400

600

Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1

FY2014 FY2015 FY2016

17

Operating income margin

YoY+1.9p

1,000

1,100

1,200

3,000,000

Gross profit per person Number of emploee

（Unit：Yen） （Unit：person）

[Gross profit per person / Number of employee]

Marketing Business

YoY Approx.1.2 times

500

600

700

800

900

2,000,000

2,500,000

Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1

FY2014 FY2015 FY2016

18

30.5%

29.1% 29.1%

30.8%

30.0%

35.0%

－Consolidated gross profit composition ratio of PB products－

Toward a future target of 30%

Sustaining composition ratio 30%

[Gross profit composition ratio of PB products]

Marketing Business

21.9%

24.5%27.6%

29.1%

26.6%

29.1%27.8%

15.0%

20.0%

25.0%

30.0%

Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1

FY2014 FY2015 FY2016

19

FY2016Progress of Earnings Forecast Progress of Earnings Forecast

FY2016 Progress of Earnings Forecast

FY2016Forecast

FY2016Q1Result Progress

Revenue 66,000 18,551 28.1％

EBITDA 2,250 1,122 49.9%

21

EBITDA 2,250 1,122 49.9%

Operating income 1,350 889 65.9％

Ordinary income 1,000 817 81.7％

Net income 270 180 66.9％

Reference Materials 1Reference Materials 1“Road map & Medium and long term strategy”

From an internal perspective, our vision is to generate revenue of ¥1 trillion and

ordinary income totaling ¥100 billion. With 100 companies

each employing 100 staff, an

Road map：Mission & Vision

From an external perspective, our vision is to spur significant

contributions to society through producing those

companies with total market capitalization in excess of

Our mission is (1) to support those companies and

individuals who take up the challenge of pursuing growth, (2) to promote innovation that

is capable of carving out a bright future, and (3) to aggregate workforce of

10,000 employees each taking up one hundred

challenges.

Mission Internal VisionExternal Vision

capitalization in excess of ¥100 trillion and the

employment of over one million staff.

23

bright future, and (3) to become an engine that powers prosperity for

tomorrow’s world.

Road map to Vision

Establishment of digital business・Sharing Economy・Big Data

From an internal perspective, our vision is to generate revenue of ¥1 trillion and ordinary income totaling ¥100 billion. With 100 companies each employing 100 staff, an aggregate workforce of 10,000 employees each taking up one hundred challenges.

Corp

orat

e va

lue

■Aim to achieve net sales of 1,000 billion yen and ordinary income of 100 billion yen by expanding businesses from total support services in the digital business arena through our own efforts

Establishment of Investment and Value

Expansion of digital support business

・Big Data・E-Commerce

challenges.

FY2015 FY2020 FY20××

24

・Marketing Business

Before period Medium term policy Next Phase

FY2017

Establishment of Internet ad Agency

Investment and Value Creation Business

Road map：Growth model

�Leverage the Group’s assets based on the infrastructure of data/technologies and create the digital support business and digital business

Digital support Digital support BusinessBusiness Digital BusinessDigital Business

Digital sift support

Data/ Technology

ネット広告代理

MarketingInvestment and Value Creation

BusinessInvestment for

Venture Companies

Fund operation

Sharing EconomyBigdataE-Commerce

25

Internet ad Agency

Medium and long term strategy

◆Support a digital shift in companies-Capture the unrivalled top position in terms of transactions with small-and medium-sized companies and regional companies

-Market creation through collaborations between Soldout and Yahoo-Focus efforts on inbound support

1. Digital support Business

◆Continued investments in major Internet companies

2. Investment and Value Creation Business

◆Continued investments in major Internet companies- Continue to invest in start-ups and investments for capital gains - Establishment of infrastructure toward the creation of the digital business

◆Aim to establish a third business by entering the digital business -Create a constant revenue stream with a focus on “sharing economy”

3. Digital Business

26

Reference Materials 2Reference Materials 2

FY2014 FY2015 FY2016

BusinessCategory Q1 Q2 Q3 Q4 Q1 Q2 Q3 Ｑ4 Q1

Finance 30% 31％ 27％ 30％ 31％ 30％ 32％ 32％ 26%

Real Estate 14% 11％ 10％ 11％ 13％ 10％ 11％ 11％ 12%

Human

Reference Materials

Composition of OPT Revenue by Business Category

28

HumanResources &Education

11% 12％ 11％ 11％ 14％ 13％ 11％ 13％ 18%

Cosmetics 14% 15％ 15％ 13％ 9％ 15％ 13％ 13％ 12%

Information&

E-Commerce11% 11％ 10％ 11％ 11％ 8％ 11％ 9％ 11%

Other 20% 20％ 27％ 24％ 22％ 24％ 22％ 22％ 21%

Total 100% 100％ 100％ 100％ 100％ 100％ 100％ 100％ 100％

Marketing BusinessMarketing Business

Reference Materials

Changes in the Scope of Consolidation(As of FY2016 Q1-End)

Investment and Value Investment and Value Creation Business Creation Business

Opt VenturesJapan Fund 1

OtherOtherOverseas Overseas BusinessBusiness

29

Name Business Ownership Status

OPT, Inc. Marketing business 100.00% Consolidated subsidiary

CLASSIFIED Planning and sales of classifieds 66.01% Consolidated subsidiary

Crossfinity SEO and media consulting business 90.00% Consolidated subsidiary

SOLDOUT Advertising agency for mid-sized and venture companies 66.60% Consolidated subsidiary

s1o interactive Trading desk business 100.00% Consolidated subsidiary

SkillUp Video Technologies Digital contents platform business 90.00% Consolidated subsidiary

ConnectOM Omni-channel solution business 100.00% Consolidated subsidiary

Reference Materials

Major consolidated Companies （As of FY2016 Q1-End）

30

Search LIFE Internet advertising operation business (53.28%) Consolidated subsidiary

Writeup. Co., Ltd Internet-related business 40.00％ Consolidated subsidiary

Grooover, Inc. Native Ad and media business (incl. consulting) of smart device 100.00% Consolidated subsidiary

TechLoCo, Inc. Marketing technology proposal business for mid-, small- and medium-sized as well as growth companies (66.66%) Consolidated

subsidiary

Growth Gear Co,.Ltd Human resource support services business for mid-, small- and medium-sized as well as growth companies (66.66%) Consolidated

subsidiary

Platform ID Database business 51.00% Consolidated subsidiary

eMFORCE Internet advertising agency in South Korea 92.82% Consolidated subsidiary

OPTSEA Marketing business and Investment businessin Taiwan, Hong Kong and South East Asia 94.19% Consolidated

subsidiary

OPT America Consulting, investment, and alliance business in the US 100.00% Consolidated subsidiary

OPT Ventures, Inc. VC business, investment business, public offering advisory business, management information service, other 100.00% Consolidated

subsidiary

OPT Holding, Inc. TSE 1st Section 2389

http://www.opt.ne.jp/holding/ For all IR-related inquiries including requests for interviews, please

contact the Group Management Planning Office as follows:

This document is based on information available and views held at the time of its preparation. Statements contained in this document that are not historical facts (including but not limited to plans, forecasts and strategies) are “forward-looking statements.” These forward-looking statements, both expressed and implied, may differ materially from actual results and future developments.

＜Notice＞

contact the Group Management Planning Office as follows:TEL: +81-3-5745-3611 Mail: ir_info@opt.ne.jp