Fiscal Year 2015 Briefing on the Operating Results 14.October.2014

DIP Corporation Fiscal year 2015 Briefing on the operating results 14.October.2014

DIP Corporation (First section of the Tokyo Stock Exchange code 2379)

1 FY2015 Summary of the statement of accounts

2 FY2015 Business performance by division

3 FY2015 Strategy

4 FY2015 Sales forecast

1 FY2015 Summary of the statement of accounts

Active job opening ratio 2003 Jan. – 2014 Aug Opening-to-application ratio on August 2014 (adjusted by seasonal reasons) 1.1 times last month which is nearly the same as the rate prior to the Sub prime crisis

Labor market-related index Effective opening-to-application ratio (adjusted by seasonal reasons) 1.10 Sub Prime Crisis 119% of Last year Average in Mar.-Aug.

Ratio

Labor market related index according to the employment form / Effective Opening-to application ratio (No adjustment)

Sub Prime Crisis 113.8% of last 1.36 year in average

119.8% of last 1.09 year in average

0.67 119.8% of last year in average

Ratio

■Transition in Job information Mar. 2004 – Aug.2014

Since Aug 2013 the number of job information sites on the web has steadily increased and such sites are now offering more job information listings than free papers. By Aug 2014 employment sites on the web had overwhelmed paper media.

Job information in Aug. 2014 Sub Prime Crisis Web sites 423,943 Paper media in total 382,878 Free papers 250,270

153.0% of last year in average

111.6% of last year in average

120.1% of last year in average

End users that shifted to smart phones accelerated the use of web sites for job searches

- Status of the users of paper media 24.3 point decrease over 2 years Q. Do you search for employment in free papers or flyers?

Very much Tend to Neither Not much Not at all

66.7％ 2012

17.9 point decrease

48.8％ 2013

6.4 point decrease

42.4％ 2014

Research by DIP Corporation：Penetration rate Data collated by：Macromill Term：Oct. 2012 - Jun. 2013 – Sep 2014 Replies：877, 509 , 519 Target age group：16-25 Target area：Tokyo, Tokai, Kansai and Kyushu 5 Copyright © 2014 DIP Corporation, All Rights Reserved. FY2015 Summary of the statement of accounts – Sales/Profit

Sales Profit

（※） Yen in million FY2014 FY2015 Increase Ratio Yen in million FY2014 FY2015 Increase Ratio

2Q 2,823 4,529 1,705 160.4％ 2Q 225 878 652 389.4％

1Q+2Q 5,921 9,049 3,127 152.8％ 1Q+2Q 326 1,773 1,447 543.8％

152.8% of last year 543.8% of last year 113.1% of amended forecast 238.3% of amended forecast 10,000 9,049 FY2014 FY2015 8,000 Amended forecast on 16 Jun. 160.4% 890.4% 145.9% 5,921 389.4%

4,519 4,529 Amended forecast on 16 Jun. 3,097 2,823

0 Q1 Q2 Q1+Q2 （Yen in Million）（Yen in Million）

Last fiscal year we adopted a practical solution to deliver the company’s qwn stock to employees through trusts. (PITF No.30) (on Dec. 25, 2013.) FY2014 2Q is calculated accordingly.

Amended forecast on Jun.16th Media division +990 million yen Sales Agent division +59 million yen 10,000 9,049 8,000 1,049

5,000

0 （Yen in Million） Amended forecast Actual Sales on Jun.16 Most of the difference Profit became profit 2,000 1,773

1,500 1,029 1,000 744

500

ーPL Summary－

FY2014 Q1+Q2 FY2015 Q1+Q2 Ratio Yen in Million Result ratio Result ratio Increase Ratio

Sales 5,921 100.0% 9,049 100.0% 3,127 52.8%

Cost 803 13.6% 844 9.3% 40 5.0%

Gross Profit 5,117 86.4% 8,204 90.7% 3,087 60.3% Selling, General&Administratative Expenses(SG&A) 4,776 80.7% 6,432 71.1% 1,656 34.7%

Personnel 2,395 40.5% 2,885 31.9% 490 20.5%

Advertising Cost 1,616 27.3% 2,693 29.8% 1,077 66.6%

Land & Office Rental 227 3.8% 230 2.5% 2 1.0%

Others 536 9.1% 623 6.9% 86 16.1%

Operating profit 341 5.8% 1,772 19.6% 1,430 419.6%

Ordinaryprofit 326 5.5% 1,773 19.6% 1,447 443.8%

Genuine profit 142 2.4% 953 10.5% 811 571.4%

Note1: Personnel expenses include salaries and welfare expenses as well as employment-related and educational expenses. Note2: Advertising expenses include sales/promotional expenses *Last fiscal year we adopted a practical solution to deliver the company’s own stock to employees through trusts (PITF No.30) (on Dec. 25, 2013.) FY2014 2Q is calculated accordingly. 8 Copyright © 2014 DIP Corporation, All Rights Reserved. FY2015 Q2 Summary of the statement of accounts

A change in the dividend policy to provide interim dividend Planned to increase 9 yen per year

Dividend per stock Q2 Q4 In total

Forecast on April 10th 2014 ¥0 ¥34 ¥34

Amendment ¥26 ¥19 ¥45

¥23 ¥23 FY 2014 result 0円 Ordinary ¥18 Ordinary ¥18 Memorial ¥5 Memorial ¥5

Interim dividends based on the results of Q2 and the year end dividend are being planned. Year end dividend is amended as above and corresponds with the result on Sep.12.

2 FY2014 Business performance by division

【売上高】Sales FY2014 2Q FY2015 2Q Ratio Operating【営業利益】 profit FY2014 2Q FY2015 2Q Ratio

2Q 2,145 3,549 165.4% 2Q 527 営業利益推移997 189.3%

1Q+2Q 4,100 6,878 167.7% 1Q+2Q 623 1,830 293.8%

Yen in million Yen in million

167.7% 293.8%

129.5% 189.3% 165.4% 868.7% 170.3%

95.0% 118.0% 142.1% 158.4% 29.5%

Average contracts/month 116.9% of last year Number of employment ads 241.6% of last year

FY 2015 totalFY2014 total FY2015 totalFY2014 total FY2015 totalFY2014 5,814 ads 6,795 ads 55,467 ads 71,479 ads

【売上高】Sales FY2014 FY2015 Ratio Operating【営業利益】 profit FY2014 FY2015 Ratio

2Q 228 429 187.9% 2Q 98 営業利益推移188 191.9%

1Q+2Q 462 799 172.7% 1Q+2Q 142 334 235.1%

Yen in million Yen in million

172.7% 235.1%

84.3% 187.9% 68.5% 191.9% 157.8% 331.2% 81.5% 87.3% 41.9% 95.9%

Average Contracts 115.2% of last year Number of ads 130.1% of last year F Y2015 FY2014 FY2015 FY2014FY2014 803 924 companies 27,703 ads 36,049 ads companies Average in FY2015 Average in FY2015 12 Copyright © 2014 DIP Corporation, All Rights Reserved. Operating Results for Nurse de Hatarako in Agent Division

【売上高】Sales FY2014 FY2015 Ratio Operating【営業利益】 profit FY2014 FY2015 Ratio

174million yen 2Q % 2Q 営業利益推移 416 532 127.8 -129 45 more

1Q+2Q 1,292 1,333 103.2% 1Q+2Q 187 365 194.5%

Yen in million Yen in million

194.5% 103.2% 100.9%

91.5%

127.8% 174 million yen more

3 FY2015 Strategy

Enrich the sites targeting users who are looking for jobs with clear intentions.

Vol.1 on May 13 2014

“Conbini baitoru” “Apparel Collection” “Café baitoru”

Vol.2 on Jun. 30 2014

“Resort baitoru” “Kojo (factory) baitoru” “High earning baitoru”

Enrich the sites targeting users who are looking for jobs with clear intentions.

Vol.3 on Jul. 31 2014 night life jobs

“Baitoru Celeb”

Vol.4 on Oct. 15 2014 Sites for Foreign people, seniors and part time workers

“Gran Job” the job information site “Part de Baitoru” the job information “Hello Baitoru” the job information site where Seniors are welcomed. site for part time workers for foreign workers.

TV commercials on air

©ＡＫＳ ©ＡＫＳ ©ＡＫＳ Ver. Graduation Ver. How to look for jobs Ver. AKB Special live Press Release Yuko Oshima, Haruna Kojima, Minami Jurina Matsui and Rena Matsui Mayu Watanabe, Rino Sashihara, Yuki Takahashi, Mayu Watanabe, Mako Kojima, Kashiwagi, Jurina Matsui and Rena Matsui, Nana Okada and Juri Takahashi Sayaka Yamamoto and Haruka Shimazaki

©ＡＫＳ ©ＡＫＳ ©ＡＫＳ Ver. Local Gourmet jobs by SKE Ver. Local Gourmet jobs by NMB Ver. Local Gourmet jobs by HKT Limited Edition to the Tokai area Limited Edition to the Kansai area Limited Edition to the Fukuoka area

Collaboration events with commercial spokespersons

Campaign Application: ©ＡＫＳ Mar. 3rd 2014 – Mar. 19th 2014 Event on Mar. 29th and 30th (Mar. 30th was cancelled due to rain)

©ＡＫＳ Baitoru’s day on Aug. 10th Baitoru X AKB special live 8,100 Baitoru users were invited

Baitoru presents a new TV program of which the theme is part time jobs Utilizing local area oriented media Provide sponsorship on four regional TV stations to run from July to December The AKB48 group all stars (AKB48/SKE48/NMB48/HKT48) will be appearing.

Tokyo area Starring AKB48 “AKB de arubaito” TV station: Fuji TV(Tokyo, Ibaraki, Tochigi, Gumma, Saitama, Chiba and Kanagawa) On air : Tuesday 25:40 -26:00 Started on Jul. 1st 2014

Starring SKE48 “SKB no Kayo arubaito gekijo” Tokai area TV station: Chubu Nippon TV(Aichi, Gifu and Mie) On air : Tuesday 25:18 -25:48 Started on Jul. 1st 2014

Kansai area Starring NMB48 “NMB no Mecha baito” TV station: Kansai TV(Osaka, Hyogo, Kyoto, Shiga, Nara, Wakayama and a part of Tokushima and Mie) On air : Tuesday 25:00 -25:30 Started on Jul. 8th 2014

Fukuoka area Starring HKT48 “HKT Shakariki 48!” TV station: Kyushu Asahi TV(Fukuoka and Saga) On air : Friday 24:55 -25:25 th Started on Jul. 4 2014 *On air schedule can be changed due to the conditions 19 Copyright © 2014 DIP Corporation, All Rights Reserved. Promotional Strategy : Transition in applicants

141.4% of the last FY (Q1+Q2)

400,000 350,000 300,000 250,000 200,000 150,000 100,000 50,000 0 FY2013-1Q FY2013-2Q FY2013-3Q FY2013-4Q FY2014-1Q FY2014-2Q FY2014-3Q FY2014-4Q FY2015-1Q FY2015-2Q 157.9% of the last FY (Q1+Q2) 60,000

50,000

40,000

30,000

20,000

10,000

AKB48×Baitoru “Baito AKB” 53 individuals passed the original audition Application on Baitoru from 10 Aug. to 10 Sep. “Baito AKB project” collaboration with the official members of AKB48 and Baitoru.com. There were 13,246 applicants.

“Baito AKB” will perform live shows and attend meet and greet events etc. as a part of AKB48. They will also feature in the new Baitoru CM this autumn.

LINE official account and stamps LINE official account on 12.Aug.2014 LINE official stamps on 16.Sep.2014

Exhibit at the Odaiba New Continent Fair 2014 Booth Layout

Name of the event:Fuji TV 55 years aniversary “Odaiba New Continent 2014 ~Your treasure island ~” Date : 19 Jul. 2014 – 31 Aug.

PC, smartphone sites reformed Jul. 30 2014 For Smartphone For PC

Work place can be seen by a barometer on the PC and Smartphone. The first temporary job information site equipped with a button to “Send by Line” on Smartphones.

Application process for smartphone improved Aug. 21 2014

Easy access to the latest jobs and better paying jobs

Users can search for the most desirable conditions such as working area, work place and preferred job field.

Users can find the best paying jobs by using the preferred search function.

Easy re-entry for everyone Whether the user is registered or not, the information once used such as Name, Address, job experiences etc. will be saved on the application.

“Hatarako index” One of the biggest job information sites for women which strongly supports the job applicants. (30 Sep. 2014)

Special features There are more than 87,000 job adds with information for full time, part time, temporary and contract workers. One of our popular job sites for office workers has more than 30,000 pieces information.

Developing Promotions

TV commercials will continue airing through Q2

Ver. Aya Uedo “Why don’t you search for temporary job information” 25 Aug. – 10 Sep.

4 FY2015 Sales forecast

Sales ー営業利益ーProfit

106.5% of the last forecast 119.2% of the last forecast 132.0% of last FY 175.9% of last FY

（Yen in Million） FY2015 forecast amended on 12 Sep. （Yen in Million）

(Appendix)

1. Corporate Profile 2. Corporate History 3. Summary of Main Business 4. Business Model

Company name : DIP Corporation Established : March 1997 (18th fiscal term) Representative : President & CEO, Hideki Tomita Location : 1-6-1 Roppongi, Minato-ku, Tokyo

Capital : ¥1,085, million (As of end of February 2014)

Sales : ¥13,050 million (For the fiscal year ended February 2014 non consolidated)

Employees : 851 (As of end of August 2014 full time. Excludes temporary staff, part time workers and executives ) Main business : Provision of online job information

Market : First section of the Tokyo Stock Exchange (code:2379)

The 1st FY 1998 March 1997 Dip Corporation was established at Naka Nagoya upon the free job information service using the terminal unit system at shops.

Head office was relocated in Shibuya Tokyo The 2nd FY1999 May 1998 Temporary job staff information service started on the terminal unit.

May 2000 Head office was relocated in Chiyoda Tokyo. The 4th FY 2001 Oct. 2000 Hatarako.net on the internet started.Supplying the job information for the temp staff. Dec. 2000 Hatarako.net on the mobile started. The 5th FY 2002 Sep. 2001 Osaka branch was established on Kita Osaka The 6th FY 2003 Oct. 2002 Baitoru.com for part time job information was independent from Hatarako.net. Mar. 2003 Head office was relocated in Minato Tokyo. The 7th FY 2004 Aug. 2003 Nagoya branch was established in Naka Nagoya. May 2004 Dip is listed in the Mothers Tokyo stock market.

Jul. 2004 Privacymark obtained.

The 8th FY 2005 Oct. 2004 Job engine for mid carrier job information was started by subsidiary e-engine company limited (in the old name Job information service company imited)

Jan. 2005 Hatarako temp staff information is started as the sister site of Hatarako.net.

Feb. 2005 Job engine agent was started as sister site of Job engine.

Jun. 2005 Dip Jobs was started as a portal site of job information.

The 9th FY 2006 Jul. 2005 Yokohama branch was established in Nishi Yokohama

Oct. 2005 Hukuoka branch was established in Chuo Hukuoka.

Mar. 2006 Book design company limited was consolidated subsidiary. The 10th FY 2007 Apr. 2006 Kyoto branch was established in Shimogyo Kyoto. Nov. 2006 ISO27001(JIS Q27001) was obtained for international information management system standard.

Nov. 2007 Book design company limited became subsidiary as all the stock was obtained by Dip. The 11th FY 2008 Jan. 2008 E-engine and Book design was absorbed in Dip corporation.

The 12th FY 2009 Feb. 2009 Obtained license for providing job information business. The 13th FY 2010 Sep. 2009 Nurse de hatarako was started to supply nursing job information on the internet The 14th FY 2011 Aug. 2010 Baitoru.com application for the smart phone was provided The 15th FY 2012 Mar. 2011 Started to supply the schedule administration software Baitoru shiftt Apr. 2012 Operation office in Shinjyuku and the operation branch in Nanba Osaka were located. The 16th FY 2013 Jul. 2012 Digital service Mago Love for senior age group started Nov. 2013 Total career change information site Career Change GOLD started The 17th FY2014 Dec. 2013 Listed with the first section of the Tokyo Stock Exchange

Start Summary Feature Sales Ratio

Media division (Job information site)

Baitoru.com Oct. 2002 Job information service Highly supported by users 9,579million for part-time workers for the amount of information （73.4％） and ease of use.

Hatarako.net Well known as the pioneer in Job information service 1,030million Oct. 2000 this sector for temporary jobs （％） User trust our brand for the 7.9 amount of information.

Agent division (Job information site and job matching)

Overwhelming amount of Nurse de Hatarako information and career support Job information service rewards achieved the No.1 2,323million Sep. 2009 for the nursing field satisfaction from the users. （17.8％） (CS No.1 in 2013 Rakuten research)

※Sales ratios are calculated based on the figures for FY 2014

DIP CORPORATION

Media Job adverts Part time job Division Suggestion/productio information n User Client Job Adverts Temporary job （Company） (Job applicants) cost information

Agent Division Job information for Introducing the nurses support tools applicants User for the job applicants (Medical nurses job Client applicants) （Medical institutions） Introducing fee

For any questions regarding IR please contact

DIP Corporation IR section e-mail [email protected] URL http://www.dip-net.co.jp/