FY 2019 Q1 Briefing on the Operating Results 2018.7.13

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

1 Copyright © 2018 DIP Corporation, All Rights Reserved. CONTENTS

1 FY2019 Q1 Summary of Consolidated Results 2

2 FY2019 Q1 Business Performance 7

3 Q1 Summary and Strategies for FY2019 14

4 Appendix 21

Copyright © 2018 DIP Corporation, All Rights Reserved. 1 CONTENTS

1 FY2019 Q1 Summary of Consolidated Results

We have shifted to consolidated accounts from the FY2017 Q3 consolidated cumulative period. Although we do not conduct a comparative analysis with the cumulative period of the previous quarter, as reference, the figures and change rates compared with individual accounts for the same quarter of the previous year are stated.

Copyright © 2018 DIP Corporation, All Rights Reserved. 2 FY2019 Q1 Summary of Consolidated Results

Both sales and operating profit remained strong.

 Market conditions ・The effective job offering ratio is the highest level in about 44 years and the job trends are strong. ・The unemployment rate is the lowest level for the first time in 25 years and 7 months.

 Business environment of Personnel Recruiting Services Division ・Contract number of companies · Number of job advertisement postings increased in Baitoru · Baitoru NEXT · Hatarako.net , and sales growth continues. Operating profit is also steady. ・In Nurse de Hatarako maintains a surplus, despite a decrease in revenue due to proper allocation of personnel in the previous term.

Copyright © 2018 DIP Corporation, All Rights Reserved. 3 Market environment: Job market trend (The effective job offering ratio · The unemployment rate)

Tight situation of human resources supply and demand is continuing The effective job offering ratio is the highest level as that after 44years. The unemployment rate is the lowest level for the first time in 25 years and 7 months.

■Effective job opening ratio(adjusted due to seasonal reasons)/Unemployment ratio(JAN.2005~May 2018)

Effective job opening ratio Unemployment rate

2.00 1.60(May) 6.0

5.0 1.50 4.0

1.00 3.0 2.2(May) 2.0 0.50 1.0

0.00 0.0 ...... y y y y y y y y y y y y y y p p p p p p p p p p p p p n n n n n n n n n n n n n n a a a a a a a a a a a a a a a e a e a e a e a e a e a e a e a e a e a e a e a e a J J J J J J J J J J J J J J S S S S S S S S S S S S S M M M M M M M M M M M M M M (ratio) 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 (%) ■Labor Market related according to employment data/ Effective opening-to application ratio(no adjustment)

2.50 (JAN.2005~May 2018) Total Full Time Part Time 2.00 1.62(May) 1.50 1.47 1.00 1.03

0.50

0.00 ...... y y y y y y y y y y y y y y n p n p n p n p n p n p n p n p n p n p n p n p n p n a a a a a a a a a a a a a a a a a a a a a a a a a a a a e e e e e e e e e e e e e J J J J J J J J J J J J J J S S S S S S S S S S S S S

(ratio) M M M M M M M M M M M M M M 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 Compiled from data released by the Ministry of Health, Labor and Welfare 11 Copyright © 2018 DIP Corporation, All Rights Reserved. 4 FY2019 Q1 Summary of Consolidated Results

【 Sales 】 【 Operating Profit】 (Yen in Million) (Yen in Million)

FY2018 FY2019 Increase Ratio FY2018 FY2019 Increase Ratio

1Q 9,815 10,812 997 +10.2% 1Q 2,585 3,169 584 +22.6%

FY2017FY2018 FY2019

10,812 9,815 10,000 9,981 8,961 8,778 9,303 4,000 8,462 8,188 7,749 3,169 3,077 2,585 2,484 2,652 2,427 2,390 2,208 2,093 5,000 2,000

0 0 第1四半期Q1 第2四半期 Q2 第3四半期 Q3 第4四半期 Q4 第1四半期Q1 第2四半期 Q2 第3四半期 Q3 第4四半期 Q4 (Yen in Million) (Yen in Million)

Copyright © 2018 DIP Corporation, All Rights Reserved. 5 FY2019 Q1 Summary of Consolidated Results

【PL Summary】

FY2018 FY2019 Comparison to the last year Yen in Million Q1 Q1

Result Ratio Result Ratio Ratio Increase

Sales 9,815 100.0% 10,812 100.0% 997 10.2%

Cost 567 5.8% 659 6.1% 91 16.2% Strengthened sales force Gross Profit 9,247 94.2% 10,153 93.9% 905 9.8% Personnel expenses increased following Selling, General & 6,662 67.9% 6,983 64.6% 320 4.8% the addition of 296 Administrative Expenses new employees. (Note1) Personnel 2,680 27.3% 2,836 26.2% 156 5.8%

(Note2) Advertising Cost 2,968 30.2% 3,094 28.6% 125 4.2% Strengthen the Promotion 2.7% 2.5% 2.6% Land & Office Rental 265 272 6 Positive investment On TV Commercials, Others 748 7.7% 780 7.2% 32 4.3% Web ads. Operating Profit 2,585 26.3% 3,169 29.3% 584 22.6%

Ordinary Profit 2,588 26.4% 3,148 29.1% 560 21.6%

Net income attributable to(Note3) 18.4% 19.9% 18.9% parent company shareholders 1,810 2,152 341

(Note1) Personnel expenses include salaries, welfare benefits, etc., as well as recruitment related expenses and educational expenses. (Note2)Advertising expenses include sales promotion expenses (Note3)FY 2018Q1 is net income FY 2019 Q1 is net income attributable to the parent company Copyright © 2018 DIP Corporation, All Rights Reserved. 6 CONTENTS

2 FY2019 Q1 Business Performance

From the FY2019 Q1 consolidated accounting period, we changed the classification of reportable segments

Copyright © 2018 DIP Corporation, All Rights Reserved. 7 Baitoru Operating Results

(Yen in Million)

【 Sales 】 FY2018 FY2019 Increase Ratio

Q1 7,683 8,565 881 +11.5%

※Include sales of Bitoru NEXT

FY2017 FY2018 FY2019 10,000 8,565 8,194 7,683 7,453 7,227 7,142 6,781 6,496 6,194

5,000

0

(Yen in Million) 第1四半期Q1 第2四半期 Q2 第3四半期 Q3 第4四半期 Q4

Average contract/month Average number of employment ads

FY2018 Q1 FY2019 Q1 FY2018 Q1 FY2019 Q1 12,494 +5.8% 13,222 455,564ads +37.4% 625,979ads companies companies

※ As for the number of ads, we have changed from the FT2019 to the same notation as the number posted on the Baitoru website. Copyright © 2018 DIP Corporation, All Rights Reserved. 8 Baitoru NEXT Operating Results

(Yen in Million)

【 Sales 】 FY2018 FY2019 Increase Ratio

Q1 733 1,017 284 +38.7%

FY2017 FY2018 FY2019

1,017 991 1,000 922 813 733 663 676

535 500 387

0 第1四半期Q1 第2四半期 Q2 第3四半期 Q3 第4四半期 Q4

Copyright © 2018 DIP Corporation, All Rights Reserved. 9 Hatarako.net Operating Results

(Yen in Million)

【 Sales 】 FY2018 FY2019 Increase Ratio

Q1 1,240 1,682 442 +35.6%

FY2017 FY2018 FY2019

2,000 1,682 1,572 1,434 1,240 1,278 1,063 961 940 979 1,000

0 (Yen in Million) 第1四半期Q1 第2四半期 Q2 第3四半期 Q3 第4四半期 Q4

Average contract/month Average number of employment ads

FY2018 Q1 FY2019 Q1 FY2018 Q1 FY2019 Q1

+87.3% 1,694 +57.0% 2,660 61,921ads 115,963ads companies companies Non-dispatch +109.5% ads ads 6,490ads 13,594 Copyright © 2018 DIP Corporation, All Rights Reserved. 10 Operating Results for Nurse de Hatarako

(Yen in Million)

【 Sales 】 FY2018 FY2019 Increase Ratio

Q1 887 558 -329 -37.1%

FY2017 FY2018 FY2019

1,000 887

723 650 608 611 558 500 452 348 270

0 Q1 Q2 Q3 Q4 (Yen in Million) 第1四半期 第2四半期 第3四半期 第4四半期

With proper placement of personnel (already implemented in FY2018) Maintaining a surplus despite lower sales

Copyright © 2018 DIP Corporation, All Rights Reserved. 11 Earnings and Dividend Forecast for FY2019 Both in the middle and the end of the term No change in earnings and dividend forecast

■ Earnings Forecast

【Sales】 【Operating Profit】 【 Net income attributable to the parent company 】 1H 2H

YoY+11.3% 38,062 42,360 40,000 YoY+7.7% 10,000 11,630 YoY+5.7% 21,900 10,799 7,960 19,285 7,531 10,000

20,000 6,470 5,729 4,029 4,440 5,000

5,000 18,777 20,460 5,070 5,160 3,502 3,520 YoY 1.7% 0 YoY 9.0% 0 0 YoY 0.5% 第21期(2018年2月期) 第22期(2019年2月期) (Yen in Million)第21期(2018年2月期) 第22期(2019年2月期) (Yen in Million)第21期(2018FY 2018年2月期) 第22期(2019年2月期)FY 2019 (Yen in Million) FY 2018 FY 2019 FY 2018 FY 2019

■ 1Q Performance

YoY 10.2% YoY 22.6% YoY 18.9%

Copyright © 2018 DIP Corporation, All Rights Reserved. 12 On acquisition of treasury stock

For the purpose of improving capital efficiency and enriching the return of profits to shareholders Acquisition of treasury stock

Content of share repurchase resolution( April 25, 2018)

Total number of shares that can be acquired :Upper limit 900,000 shares ( Percentage of outstanding shares excluding treasury shares :1.56% )

Total acquisition price of shares :Maximum 2 billion yen Acquisition period :April 26, 2018- July 31, 2018

Acquisition status as of the end of June, 2018

Total number of shares acquired 305,000 shares ( Progress rate 33.89%) Total acquisition price 811,703,100Yen( Progress rate 40.59%)

13 Copyright © 2018 DIP Corporation, All Rights Reserved. CONTENTS

3 Q1 Summary and Strategies for FY2019

Copyright © 2018 DIP Corporation, All Rights Reserved. 14 Media Power: Effects of the Job Experience/Workplace Visit Features

The application efficiency was improved significantly with the job experience/workplace visit application features

Screen image of a job list Screen image of job detail Transition ratio from the Completion ratio of job list pages to job applications in the job detail pages detail pages

When compared to the jobs When compared to the with no experience/visit jobs with no features… experience/visit features… 100.1% 137.9%

Effects as initially predicted

Copyright © 2018 DIP Corporation, All Rights Reserved. 15 Media Power: The Improvement of Conversion Rate

Since August 2017 when the sites were updated, conversion rates (*) have continued to improve year on year, increasing the number of applications.

After updates

130%

125%

120%

115%

110%

105%

100%

95%

Continue to strengthen our media power to improve accessibility for users

*Conversion rates: the number of customers who have completed an application divided by the total number of website/app visitors. Copyright © 2018 DIP Corporation, All Rights Reserved. 16 Promotion Power: The First Exclusive Baitoru Next Commercials on Air

The fist exclusive Baitoru Next commercials have been on air since June 11. Takanori Iwata, a member of EXILE/Sandaime J Soul Brothers from , was chosen to appear in the new commercials!

Strengthen the services to provide full-time employment information

Copyright © 2018 DIP Corporation, All Rights Reserved. 17 Promotion Power: Collaboration with teamLab

Mori Building Digital Art Museum: EPSON teamLab Borderless; Invited 100,000 high-school students who downloaded the Baitoru app to visit the exhibition free-of-charge (Period of exhibition: June 21, 2018 - June 20, 2019)

An unprecedented exhibition that has never been attempted anywhere in the world, characterized by its unrivalled scale and complex three-dimensional visual space occupying 10,000 square meters, realized with 520 computers and 470 projectors Special invitation also on August 10 “Baitoru Day” Accelerate the acquisition of app users even further Copyright © 2018 DIP Corporation, All Rights Reserved. 18 Topic concerning LIMEX business Placed a full-page ad in the morning edition of the Nihon Keizai Shimbun on July 10, 2018

Committed to expanding awareness of LIMEX products

Copyright © 2018 DIP Corporation, All Rights Reserved. 19 Topic concerning LIMEX business

Microplastics problems across the globe

The development of LIMEX products is taking place as alternatives to products made from paper and plastic

Stationery and living Packaging Materials with high Tapestries and flags goods containers durability

Generation of 100% naturally derived biodegradable plastic is now possible as an alternative to plastic

They are attracting considerable attention, primarily from Europe and the U.S. as regulations on plastic are strengthened in these regions

Copyright © 2018 DIP Corporation, All Rights Reserved. 20 CONTENTS

4 Appendix

Copyright © 2018 DIP Corporation, All Rights Reserved. 21 CONTENTS

1. Corporate Profile 2. Corporate History 3. Summary of Main Business 4. Business Model 5. Transition of Sales

Copyright © 2018 DIP Corporation, All Rights Reserved. 22 1. Corporate Profile

Company name : DIP Corporation

Established : March 1997 (22th fiscal term)

Representative : President & CEO, Hideki Tomita

Location : 3-2-1 Roppongi, Minato-ku, Tokyo

Capital : ¥1,085 million (As of end of February 2018)

Sales : ¥38,062 million (For the fiscal year ended February 2018 consolidated)

Employees : 1,720 (As of end of May 2018 full time)

Main business : Provision of online job information

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

Copyright © 2018 DIP Corporation, All Rights Reserved. 23 2. Company History

Mar.1997 Dip Corporation was established at Naka upon the free job information service using the terminal unit system at shops. Head office was relocated in Shibuya Tokyo May.1998 Temporary job staff information service started on the terminal unit. May.2000 Head office was relocated in Chiyoda Tokyo. Oct. 2000 Hatarako.net on the internet started.Supplying the job information for the temp staff. Sep. 2001 Osaka branch was established on Kita Osaka Oct. 2002 Baitoru.com for part time job information was independent from Hatarako.net. Mar. 2003 Head office was relocated in Minato Tokyo. Aug. 2003 Nagoya branch was established in Naka Nagoya.

May-04 Dip is listed in the Mothers Tokyo stock market. Jul. 2004 Privacy mark obtained. 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 limited) 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. Jul. 2005 Yokohama branch was established in Nishi Yokohama Oct. 2005 Fukuoka branch was established in Chuo Fukuoka. Mar. 2006 Book design company limited was consolidated subsidiary. 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. Jan. 2008 E-engine and Book design was absorbed in Dip corporation. Jan. 2009 Started regular employee recruitment site "Baitoru Shain" (now "Baitoru NEXT")

Feb. 2009 Obtained license for providing job information business. Sep. 2009 Nurse de hatarako was started to supply nursing job information on the internet Aug. 2010 Baitoru application for the smart phone was provided Mar. 2011 Started to supply the schedule administration software Baitoru shift Apr. 2012 Operation office in Shinjyuku located. Jun. 2013 Operation office in Kobe located. Dec. 2013 Listed with the first section of the Tokyo Stock Exchange Nov. 2015 Sapporo branch was established in Chuo Sapporo. Jun. 2017 Started sales of new material "LIMEX " which is developed and manufactured by TBM Co., Ltd.,

Nov. 2017 BANQ company limited became subsidiary as all the stock was obtained by Dip.

Nov. 2017 Acquire shares of Jolly Good Co., Ltd. and GAUSS Co., Ltd., and convert them into affiliates accounted for by the equity method

May-18 Established wholly owned subsidiary Dip America, Inc. in the US Copyright © 2018 DIP Corporation, All Rights Reserved. 24 3. Summary of Main Business

Sales Start Summary Feature Ratio Media division (Job information site) 30,558million Job information Highly supported by users 80.3% Oct. 2002 Baitoru NEXT service for part-time For the amount of Jan.2009 Information and ease of use 3,461million workers (including Baitoru)

Job information Well known as the pioneer in service for temporary, this sector 5,526million Oct. 2000 regular and part- User trust our brand for the 14.5% time jobs amount of information.

Agent division (Job information site and job matching)

Overwhelming amount of Information and career Job information support Rewards achieved 1,959million Sep. 2009 service for the the No. 1 Satisfaction from 5.2% nursing field the users

(CS No. 1 in 2015 Rakuten research) LIMEX division(Sales of "LIMEX " product which is a substitute for paper and plastic mainly made from limestone) Proposal to a wide range of Sales of "LIMEX" Jun. 2017 customers using our sales 1million products network Copyright © 2018 DIP Corporation, All Rights Reserved. 25 4. Business Model

DIP CORPORATION Personnel Recruiting Services Division Part time job Job adverts information Suggestion/ Client production (Company) Regular employee User job information

(Job applicants) Regular/Temporary Job Adverts Part time job Client information cost (Temp staff agent)

Agent Division Introducing the Job applicants information Client User for nurses (Medical Support for (Medical nurses job Introducing fee institutions) applicants) career change

Proposal of LIMEX Division business card etc Client Product price (Company)

Copyright © 2018 DIP Corporation, All Rights Reserved. 26 Reference : Segment and Media of the Provision of Job Information

Segment Media

Graduates

Full time Baitoru NEXT workers

Job information Mid career Website

Job Hatarako.net information

Contract workers

Baitoru Others Job information media Free paper etc., Part time Short time Job information sites

Baitoru focuses on web 27 Copyright © 2018 DIP Corporation, All Rights Reserved. Sales Capabilities Enhancement of operation bases

Established 4 bases in 2018, established two bases in Sapporo and Sendai (33 bases in total)

■1office in Hokkaido area …Expanded area Sapporo(Newlyestablished) …Not advance area

■1office in Tohoku area Sendai(Newlyestablished)

■ 8offices in the West Osaka(extension), Kyobashi, ■19 offices in the Metro area Namba, Sakai, Kyoto, Kobe, Head quarter , Shinjuku(2), Fukuoka, Kokura Shinbashi, Shibuya, Ikebukuro, Kitasenju, Tachikawa, Machida, Yokohama, Kawasaki, Shonan, Chiba(extension) , Funabashi, Kashiwa, Omiya, Tsukuba, Utsunomiya, Takasaki

■4offices in the Middle Nagoya(extension),Toyohashi(exten sion) Kanayama, Gifu

Copyright © 2018 DIP Corporation, All Rights Reserved. 28 Transition of the Results

Listed on the first section of Tokyo 40,000 Sales … Affected by the change of sales of Nurse de Hatarako Stock exchange

30,000

20,000 Listed on 38,062 Mothers Tokyo Result 33,138 Stock exchange 9,951 26,798 809 10,000 19,530

11,506 13,050 8,434 9,374 7,801 8,991 9,142 5,171 7,439 3,086 0 852 1,805 FY2003 FY2004 FY2005 FY2006 FY2007 FY2008 FY2009 FY2010 FY2011 FY2012 FY2013 FY2014 FY2015 FY2016 FY2017 FY2018

(Yen in Million) Operating Profit 15,000

10,000

10,799 5,000 Result 9,119 1,057 7,162 4,806 809 1,714 1,288 803 0 194 355 442 636 631 711 316 210 248 FY2003 FY2004 FY2005 FY2006 FY2007 FY2008 FY2009 FY2010 FY2011 FY2012 FY2013 FY2014 FY2015 FY2016 FY2017 FY2018 (Yen in Million) 29 Copyright © 2018 DIP Corporation, All Rights Reserved. 29 Operating Results in Personnel Recruiting Services Division

Baitoru Sales transition 30,000 30,558

26,615

20,000 20,975

15,089 10,000 9,579 8,406 5,319 6,901 5,518 7,179 6,528 2,585 4,486 0 86 590 1,364 (Yen in Million) FY2003 FY2004 FY2005 FY2006 FY2007 FY2008 FY2009 FY2010 FY2011 FY2012 FY2013 FY2014 FY2015 FY2016 FY2017 FY2018

Hatarako.net Sales transition

5,000

5,526

3,945 3,259 2,938 2,335 2,596 1,930 1,685 1,564 1,827 1,205 1,112 1,134 762 1,054 1,030 0 29 306 FY2001 FY2002 FY2003 FY2004 FY2005 FY2006 FY2007 FY2008 FY2009 FY2010 FY2011 FY2012 FY2013 FY2014 FY2015 FY2016 FY2017 FY2018

(Yen in Million) Copyright © 2018 DIP Corporation, All Rights Reserved. 30 Operating Results in Personnel Recruiting Services Division

■Operating Results of Nurse de Hatarako

Sales … Affected by the change of sales of Nurse de Hatarako

3,000

Result 2,180

2,000 809

2,841 2,545 2,593 2,323 1,000 1,959 1,580 1,370 774

0 51 (Yen in million) FY2010 FY2011 FY2012 FY2013 FY2014 FY2015 FY2016 FY2017 FY2018

31 Copyright © 2018 DIP Corporation, All Rights Reserved. Active Participation of Female Employees in the Workplace

February 21, 2017 Certification under the Act of Promotion of Women’s Participation and Advancement in the Workplace 「Eruboshi : L-Star」 Of the 13,000 companies reported, 46 across Japan were certified as Eruboshi companies that have been actively supporting the jobs and promotion of female employees. Note)As of 13th May 2016

【Female Employee ratio】 N=985 companies 45%~50% dip Top 8% Group 47.3 (as of Feb.2018) % 35%~40% 【maternity leave・Return ratio】 25%~30% 15%~20% 94.1%(as of May.2018) 5%~10% 0% 【Females managers ratio】 0 50 100 150 200 250 ※Toyo keizai CSR database (as of May.2018) 28.5% <Trehds of female managers ratio> Female managers Ratio FY2016 FY2017 FY2018 in listed companies in Japan is 6.5% (according to Teikoku Databank). 25.6% 26.3% 26.4% Overview (Ministry of Health, Labour and Welfare) http://www.mhlw.go.jp/file/06-Seisakujouhou-11900000-Koyoukintoujidoukateikyoku/nintei_2.pdf 32 Copyright © 2018 DIP Corporation, All Rights Reserved. Transition of Raise the Salary Joined Companies

『Raise the Salary』campaign started on May 2013 Job posting that have a “Raise the Salary” icon alert users to the fact that this company has increased (wages by more than 2% since December 2012)

(Number of job information) (Companies) 40,000 4,000

35,000 3,500

30,000 3,000

25,000 2,500

20,000 2,000

15,000 1,500

10,000 1,000

5,000 500

0 0

Total Companies Total job information Latest Companies Lasted job information 21,369 2,754,743 3,269 31,950 ※ Data on May 25, 2018 Copyright © 2018 DIP Corporation, All Rights Reserved. 33 Transition of Raise the Salary wage by hour

■Comparison of the average wage by the hour (Jun.2013~May.2018)

2014 2013 Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb DIP - - - 1.30% 1.50% 3.50% 3.5% 2.8% 2.9% 4.2% 3.0% 2.7% A --- ▲0.1% 0.20% 0.40% 0.2% 0.7% 0.3% 0.3% 0.4% 0.7% B --- ▲0.5% 0.10% ▲0.3% 0.4% 0.6% 1.5% 2.0% 2.2% 1.7%

2015 2014 Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb DIP 3.6% 3.4% 3.9% 2.9% 2.1% 1.7% 0.8% 1.1% 1.0% 1.5% 2.8% 3.0% A 0.6% 0.4% 0.8% 1.0% 1.1% 0.6% 0.7% 0.8% 0.9% 0.7% 1.2% 1.1% B 0.4% 1.6% 0.8% 0.2% ▲0.6% 1.7% 1.5% 0.7% 0.5% 0.0% 0.6% 1.2%

2016 2015 Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb DIP 1.5% 2.5% 2.0% 1.3% 2.0% 2.5% 1.9% 4.5% 2.9% 0.8% ▲0.7% 0.1% A 1.3% 1.5% 1.3% 1.0% 1.3% 1.3% 1.5% 1.7% 2.0% 2.1% 2.0% 2.2% B 0.8% 0.0% 0.5% 0.7% ▲0.2% ▲1.5% ▲1.7% ▲0.6% ▲0.3% ▲1.2% ▲1.3% ▲1.8%

2017 2016 Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb DIP 1.0% 0.3% 0.2% 0.2% 0.1% ▲0.4% 0.9% 0.1% 0.9% 1.0% 1.0% 2.0% A 1.8% 1.7% 1.9% 1.9% 2.0% 2.0% 2.0% 1.9% 2.1% 2.1% 1.5% 2.3% B ▲1.1% ▲0.9% 2.1% 1.0% 0.4% 1.0% 2.6% 1.3% 1.9% 2.1% 1.7% 1.7%

2018 2017 Mar Apr May June July August Sep Oct Nov Dec Jan Feb DIP 1.8% 1.6% 1.2% 2.4% 2.1% 2.5% 3.5% 2.9% 2.1% 3.2% 4.5% 5.9% A 2.3% 2.6% 2.3% 2.4% 2.4% 2.7% 2.4% 2.5% 2.2% 2.4% 2.7% 2.0% B 1.6% 0.8% 0.2% 1.7% 1.1% 0.9% 1.8% 3.2% 3.0% 4.0% 4.1% 2.6%

2018 Mar Apr May DIP 3.6% 4.3% 5.3% A 1.9% 1.9% 1.8% B 2.4% 4.0% 3.6%

■Average hourly wage is increased by 12.6% among participating clients 1042 1039 1025 1,006 997 998 990 983 994 980 978 983 981 982 959 964 961 951 957 943 926 FY2014 1Q FY2014 2Q FY2014 3Q FY2014 4Q FY2015 1Q FY2015 2Q FY2015 3Q FY2015 4Q FY2016 1Q FY2016 2Q FY2016 3Q FY2016 4Q FY2017 1Q FY2017 2Q FY2017 3Q FY2017 4Q FY2018 1Q FY2018 2Q FY2018 3Q FY2018 4Q FY2019 1Q (yen) Copyright © 2018 DIP Corporation, All Rights Reserved. 34 Topics: Other Initiatives

Efforts for creating a range of business opportunities in addition to the mainstay staffing business.

『AI. Accelerator』Japan’s first program for supporting startup companies that offer products or services using artificial intelligence

■”AI. Accelerator” Investment performance

Company Date of Service name Service contents name implementation Xpresso.inc. “Foxsy” Matching service utilizing artificial intelligence Jun. 2017 VR solution for television stations and production companies “GuruVR Media Pro” that utilize artificial intelligence and machine learning Jolly Good Nov.2017 (※) Artificial intelligence engine that performs 360 degree VR “VRCHEL” content analysis and user behavior analysis Artificial intelligence system development for corporations GAUSS(※) “SIVA” centered on apparel companies Nov.2017 Horse race prediction AI for general users

(※)Become affiliated company accounted for by the equity method

■Current business of affiliated companies and business synergies with us

VR (shooting, production, recognition) business development in human resource field by technology investment and other fields.

AI (image, language, prediction) Business development outside the human resources field through technology investment.

Copyright © 2018 DIP Corporation, All Rights Reserved. 35 Market Status : Work Environment

An increase in non-regular employees led growth in the number of employees (regular employees also increased in 2015 and 2016) ■Trends in the number of employees by form of employment

Full Time Part Time Contract Employee

6,000

620 5,000 618 617 569 610 571 567 583 574 588 398 415 468 514 553

1,166 1,403 4,000 1,053 1,089 1,096 1,120 1,126 1,155 1,156 1,196 1,229 1,243 1,323 1,350 1,370

3,000

2,000 3,489 3,444 3,410 3,375 3,415 3,449 3,410 3,395 3,374 3,355 3,345 3,302 3,288 3,317 3,367

1,000

0 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 (in 10,000 employees) Source: Statistics Bureau, MIC. 12 Copyright © 2018 DIP Corporation, All Rights Reserved. 36 Stock Price and Media Exposure

■Trends in stock prices (January 4, 2013 to July 10, 2018)

4,000 4,500,000

3,500 4,000,000

3,500,000 3,000

3,000,000 2,500

2,500,000 2,000

2,000,000

1,500 1,500,000

1,000 1,000,000

500 500,000

0 0 2013/1/4 2014/1/4 2015/1/4 2016/1/4 2017/1/4 2018/1/4 (yen) (shares) Selected as a component of the JPX Nikkei Index 400 (Aug. 7,2017) JPX Nikkei Index 400 is a new stock price index consisting of stock prices for companies attractive to investors, which meet certain global investment standards, such as an effective use of capital and management perspectives that consider investors. Selected as one of 50 candidates for the 6th Corporate Value Improvement Award of the Tokyo Stock Exchange (Aug. 30,2017) An award for TSE-listed companies implementing business management that aims for increased corporate value with strong consideration for investors’ perspective. Passed the primary selection (questionnaires sent to 400 companies with efficient capital use and high growth rate) and was selected among 50 candidates for the award. 37 Copyright © 2018 DIP Corporation, All Rights Reserved. About LIMEX

Natural resources used for manufacturing paper

A large amount of trees and water is used to manufacture the paper we consume every day. About Woods About About

LIMEX is made chiefly from limestone, whose supply is virtually inexhaustible. Basic patent registered in over 20 countries

AboutAbout About

hardly use water and trees Virtually unlimited High-level durability and Recyclable almost infinitely water resistance Reserves of limestone, the main Water usage is reduced by The stone-based material is Unlike recycled paper, the material, are basically unlimited approximately 98%. No wood highly water resistant and products are recycled almost globally, including in Japan, pulp, the material necessary for durable, making the products without using water in the where the self-sufficiency of the manufacturing paper, is used. useable for a long period of manufacturing process. material exceeds 100%*. time.

*: In Japan, limestone reserves total approximately 24 billion tons in comparison with production that amounts to approximately 140 million tons (Agency for Natural Resources and Energy of the Ministry of Economy, Trade and Industry). Limestone reserves are abundant all over the world (USGS Mineral Commodity Summaries 2013). Copyright © 2018 DIP Corporation, All Rights Reserved. 38 Disclaimer and contact

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