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1 001

2 002

3 003

4 Macromill Others No.1 (4) % (Dentsu Macromill) % 8% 11% 10% 72% FY 2001/6 2002/6 2003/6 2004/6 2005/6 2006/6 2007/6 2008/6 2009/6 2010/6 2011/6 2012/6 2013/6 2014/6 2015/6 2016/6 2017/6 (IFRS)

5 005

6 006

7 007 32,504 +9% 35, % 36, % +21% 8,531 8, % +23% 7,146 4,249 4,290 7,696 7,806 3,494 6,604 3,706 3,747 2, % 24.0% 23.8% 10.8% 12.0% 11.8% 20.3% 21.7% 21.5% 8.7% 10.4% 10.3%

8 % % % % % % % %

9 % % 18.3% % 12.2% 11.2% 10.1% (4) Buy (8)

10 010 DMP Solutions +159% YoY CE YoY +115% +10% +8% +16% +42% YoY ACT COPY +35% YoY 23,348 25,667 9,294 10,025 10, % +45% 4,609 4,392 3,171

11 011

12 CAGR: 5% (3) 140 CAGR: 11% (3) 2 5,140 CAGR: 7% (4) 1,620 CAGR: 16% (3) (5) CAGR: 7% (3) 19 (5) CAGR: 4% (3) 1 Global Market Research spending: ESOMAR- Global Market Research (2016/9, 2015/9), Japan Market Research spending: Japan Marketing Research Association (2016/7, 2017/7), Ad spending: emarketer- Worldwide Ad Spending (2016/10)

13 013 35% +9% +12% +10% 40% % 20%

14 014 Issuer 1, % 1,699 CY 2009 CY , % 1,269 36% % CY % CY 2015 CY % 11.8% 11.4% 46% 4.0% 3.6%

15 % 31.1% 444 CAGR CY2010A 2015A 5.1% % % 46% 7% % 31% 6% % 22% 22% 5% CY Japan US UK Germany France (3) MR

16 016 7,241 CAGR CY2015A 2020E 7.1% 30.3% 36.4% 5,136 3, % 3,518 3Y CAGR 2014/6-2017/6 (2) +96% 1,618 1,946 2,293 2,698 3,043 3, % 1.1% 2.6% 4.2% 6.2% 2015A 2016E 2017E 2018E 2019E 2020E /6 2015/6 2016/6 2017/6 2016/6 2017/6

17 % +21% +10% % +23% +17%

18 7,146 8,531 9,400 7, % +19.4% +14.9% +15% +15% 9,800 8,531 9,

19 % +20% +21.6% +20% 4,960 4,960 4,249 3,494 3,494

20 % +23% +32% % 23.9% 19.2% 21.5% 10.4% 12.6%

21 ,733 4,665 2,298 (821) (2,036) (1,657) 7.0x 4.8% 5.0x 3.7% 3.6x 2.0%

22

23 023

24 024 32,504 35,514 13% 13% 13% 13% 20% 18% 9% 9% 16% 7% 16% 6% 22% 24%

25 %

26 %

27

28 028

29 029 DMP Solution AD-VANCE SCOUT H&A CONTEST ACT PACT B-HEALTH Dashboard

30 030 AD-VANCE

31 031

32

33 x 41, x 31,095

34 034 IFRS 2015/6 2016/6 2017/6 28,761 32,504 (16,372) (17,926) 35,514 (18,920) 12,388 14,578 16,594 (7,950) (8,956) (10,030) (5,399) (168) 9 3 (31) 9 (586) 5,730 6, (3,671) (2,139) 15 (958) (4,204) 4,087 5, (848) (3,988) 3,238 (1,672) 4,210 (4,320) 2,832 3,706

35 035 IFRS IFRS 2015/6/ /6/ /6/ /6/ /6/ /6/30 14,247 12,725 15,485 8,058 8,848 8,952 7,178 6,124 8,447 2,978 3,319 2,617 5,789 6,015 6,388 2,085 2,492 2,492 1, ,994 3,036 3,842 56,812 53,839 55,330 48,683 41,068 39, ,034 45,735 38,535 36,880 53,338 50,788 52,127 2,947 2,533 2,630 46,583 45,290 46,067 56,741 49,916 48,463 6,755 5,498 6,059 2,637 2,070 2,169 14,318 16,647 22,352 71,060 66,564 70,815 71,060 66,564 70,815

36 IFRS Full Year /6 2016/6 2017/6 2,298 4,665 (4,204) 4, ,733 5, ,370 (53) (496) 3,671 2,139 (60) (338) ,604 6, (1,355) (1,450) (1,009) (690) (15,641) 67 (509) (647) (15) 958 (131) (69) 7, (1,120) (660) (1,348) (1,007) (16,726) 1, ,048 (5,602) 40,088 42,676 (30,030) (48,207) 1,636 - (2,645) (71) (340) (2,155) 237 (3,357) 1,149 (185)

37 037 IFRS IFRS 2015/6 2016/6 2017/6 2015/6 2016/6 2017/6 (586) 5,730 6,825 (4,320) 2,832 3, , ,555 6,604 7, , ,606 3,494 4,249 5,921 7,146 8,531

38 038

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