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3836 TSE Prime Avant Group Corporation Financial Results Briefing for the Fiscal Year June 2026 August 5 , 2026 AVANT GROUP AVANT GROUP CORPORATION www.avantgroup.com This is an unofficial translation . In the event of any discrepancy between the original Japanese text and this English translation , the Japanese text shall prevail . © AVANT GROUP CORPORATION . All Rights Reserved . AVANT GROUP
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2©AVANT GROUP CORPORATION. All Rights Reserved. INDEX The information contained in this material regarding the business outlook and other forecasts and strategies etc. are forward-looking statements and are determined within the range that could normally be predicted based on the information reasonably available to the Company at the time of preparation of this material. Investors should be aware of the risks, however, that actual results may differ from the business prospects described in the material due to the occurrence of extraordinary circumstances that cannot usually be predicted or the occurrence of results that cannot usually be predicted. The Company will proactively disclose information that is considered material to investors, but investors should be advised not to make judgment based entirely on only the business prospects described in this material. This material should not be copied or transferred for any purpose without permission of the Company. ＊ Amounts are rounded down below the display unit; percentages are rounded to one decimal place. Ⅰ. Summary of Financial Results for the Fiscal Year June 2026 Ⅱ. Medium-Term Management Plan “BE GLOBAL 2028”: Progress and the Rebuilding of AVANT Ⅲ. Earnings and Dividend Forecast Ⅳ. Other Reference Data
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3©AVANT GROUP CORPORATION. All Rights Reserved. I. Summary of Financial Results for the Fiscal Year June 2026
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4©AVANT GROUP CORPORATION. All Rights Reserved. Net Sales (YoY ＋8.0％) Operating Profit (YoY ＋2.0％) Net Income (YoY ー13.1％) OP Margin 15.4％ (YoY ー0.9pts) OP per capita (YoYー8.2％) Software GP (YoY ＋4.7％) ROE 19.8％ (YoYー4.0pts) • Annual dividend of ¥32 per share, up ¥7 from ¥25 in the previous fiscal year (+28%), together with approximately ¥3.2 billion in share repurchases during the fiscal year ended June 2026. • Dividend on equity ratio (DOE*) of 7.5%, significantly above the 3.5% average for companies listed on the Tokyo Stock Exchange. • Sales and profit growth driven by the Consolidated Financial Disclosure Business • Record-high sales achieved • Net sales fell 8.5% short of the full-year forecast • Record-high operating profit achieved • Operating profit fell 7.9% short of the full-year forecast, as the Management Solutions Business significantly underperformed the internal expectations • Profit declined due to higher commission expenses and other factors, as well as the absence of the gain on the sale of shares recorded in the previous fiscal year • Net income declined year on year and fell 14.7% short of the full-year forecast Shareholder Returns Financial highlights for FY6/26 ¥ 30,481million ¥ 4,697million ¥ 2.6million ¥ 2,985million ¥ 2,957million *DOE: Dividend on Equity, calculated by dividing DPS (dividend per share) by average BPS (book value per share) during the fiscal year.
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5©AVANT GROUP CORPORATION. All Rights Reserved. (millions of yen) Yr earlier % chg Forecast % Achieve Net Sales 30,481 28,227 8.0% 33,300 (8.5%) Gross Profit 13,523 12,578 7.5% ー ー GPM 44.4% 44.6% (0.2pt) ー ー Operating Profit 4,697 4,604 2.0% 5,100 (7.9%) OPM 15.4% 16.3% (0.9pt) 15.3% 0.1pt Adjusted Operating Profit* 4,936 4,604 7.2% 5,100 (3.2%) Adjusted OPM 16.2% 16.3% (0.1pt) 15.3% 0.9pt Net Income 2,985 3,434 (13.1%) 3,500 (14.7%) NPM 9.8% 12.2% (2.4pt) 10.5% (0.7pt) EBITDA 5,114 5,110 0.1% ー ー EBITDA margin 16.8% 18.1% (1.3pt) ー ー FY6/26 YTD YoY Variance vs Forecast Highlights of the FY6/26 results *Adjusted operating profit: Calculated by adding back to operating profit the one-time expense associated with the recognition of a provision for loss on orders received. Sales, operating profit, and net income were 8.5%, 7.9%, and 14.7% below the initial forecasts, respectively. Excluding the approximately ¥238 million provision for loss on orders received, a one-time expense, operating profit was 3.2% below the initial forecast.
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6©AVANT GROUP CORPORATION. All Rights Reserved. Financial Results by Business Segments Consolidated Financial Disclosure Business (DIVA) • Outsourcing Business Contributes to Revenue Growth. • Growth in profits was driven by the transfer of certain maintenance services (approximately ¥86 million in Q4; a cumulative total of approximately ¥340 million), productivity improvements, and progress in the cloud migration. DX Promotion Business (ZEAL) • While demand for data utilization remains strong, revenue fell short of the internal expectations due to factors such as the cancellation of a project. • Although there has been a steady decrease in outsourcing expenses, profitability has declined due to slowing sales growth, one-time relocation expenses, and an increase in personnel expenses resulting from headcount growth. Management Solutions Business (AVANT) • Although sales in the software business increased, the year-on-year increase in sales was only slight, partly due to the transfer of certain maintenance services. • There was an increase in expenses related to future growth—such as talent acquisition, research and development, and marketing— • The aforementioned one-time expense also contributed to the decline in both profit and profitability. While the Consolidated Financial Disclosure Business (DIVA) drove the Group’s overall performance, the DX Promotion Business (ZEAL) saw sales fall significantly short of the internal expectations and profitability deteriorated. Sales in the Management Solutions Business(AVANT) rose slightly year-on-year. However, due to a one-time expense associated with the recognition of a provision for loss on orders received, operating profit fell significantly short of the internal expectations and declined year-on-year. Yr earlier % chg Consolidated Financial Disclosure Business 9,648 8,301 16.2% Digital Transformation Promotion Business 11,022 10,318 6.8% Management Solutions Business 9,685 9,520 1.7% Other 531 437 21.5% Corporate expenses and elimination of inter-segment transactions -405 -349 ー Segment Total 30,481 28,227 8.0% Consolidated Financial Disclosure Business 2,923 2,006 45.7% Digital Transformation Promotion Business 1,717 1,716 0.1% Management Solutions Business 1,129 1,772 (36.3%) Other 104 99 4.7% Corporate expenses and elimination of inter-segment transactions -1,176 -990 ー Segment Total 4,697 4,604 2.0% ［Reference］ Adjusted Operating Profit Management Solutions Business 1,367 1,772 (22.9%) FY6/26 YTD YoY Variance Net Sales (millions of yen) Operating Profit (millions of yen) *Adjusted operating profit: Calculated by adding back to operating profit the one-time expense associated with the recognition of a provision for loss on orders received.
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7©AVANT GROUP CORPORATION. All Rights Reserved. (millions of yen) Net Sales 21,424 30,481 1.4x 12.5% 40,000 ～ 45,000 2.0x 15.0% Operating Profit 3,289 4,697 1.4x 12.6% 9,000 ～ 11,000 3.0x 25.0% Net Income 2,094 2,985 1.4x 12.6% 6,000 ～ 7,000 3.0x 25.0% OPM 15.4% 15.4% 0.1x ー 20.0% ～ 24.0% 5～9pt ー OPM per Capita 2.5 2.6 1.0x 1.3% 3.5 ～ 4.3 1.5x 10.0% Software GP 2,367 2,957 1.2x 7.7% 5,500 ～ 6,000 2.5x 20.0% DOE 18.3% 19.8% 1.5pt ー 1.7pt ー ROE 4.9% 7.5% 2.6pt ー 3.1pt ー Dividend ¥15 ¥32 2.1x 28.7% 3.4x ー FY6/23 3-Year CAGR 5-Year Avg / Chg 5-Year CAGR FY6/26 YTD FY6/28 BE GLOBAL 2028 Plan 3-Year Avg / Chg AVG 20% or more 8% or more ¥51 or more “BE GLOBAL 2028” Mid-Term Review * CAGR: Compound Annual Growth Rate For the fiscal year ending June 2028, the final year (5th year) of the current medium-term management plan, the targets are to double net sales and triple operating and net profits. Over the three years through the fiscal year ended June 2026, net sales, operating profit, and net income each grew 1.4 times. ROE, DOE, and dividends all met their target levels. Operating profit margin, operating profit per capita, and software gross profit are lagging behind the targets set in the medium-term plan.
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8©AVANT GROUP CORPORATION. All Rights Reserved. (millions of yen) Consolidated Financial Disclosure Business Net Sales 6,902 9,648 1.4x 11.8% Operating Profit 1,586 2,923 1.8x 22.6% OP Margin 23.0% 30.3% 7.3pt ー OPM per Capita 4.1 4.8 1.2x 5.4% Digital Transformation Promotion Business Net Sales 7,272 11,022 1.5x 14.9% Operating Profit 1,118 1,717 1.5x 15.4% OP Margin 15.4% 15.6% 0.2pt ー OPM per Capita 2.6 2.7 1.0x 1.3% Management Solutions Business Net Sales 7,883 9,685 1.2x 7.1% Adjusted Operating Profit* 1,321 1,367 1.0x 1.1% Adjusted OPM 16.8% 14.1% -2.6pt ー OPM per Capita 2.8 2.8 1.0x 0.0% 3-Year CAGRFY6/23 FY6/26 3-Year Avg / Chg “BE GLOBAL 2028” Mid-Term Review: by Business Segment * Over the three years through the fiscal year ended June 2026, the Consolidated Financial Disclosure Business (DIVA) achieved strong sales and profit growth, as well as improved profitability and productivity. The largest gap is in the Management Solutions Business (AVANT); to close this gap, it is necessary to review the business model and operational structure. *Adjusted operating profit: Calculated by adding back to operating profit the one-time expense associated with the recognition of a provision for loss on orders received.
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9©AVANT GROUP CORPORATION. All Rights Reserved. Ⅱ. Medium-Term Management Plan “BE GLOBAL 2028”: Progress and the Rebuilding of AVANT
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10©AVANT GROUP CORPORATION. All Rights Reserved. Customer Base of Consolidated Accounting System “DivaSystem LCA” *1 As of the end of June 2026 *2 Fuji Chimera Research Institute “Software Business New Market 2026 Edition” Market Share of Consolidated Accounting Management Software <SaaS/PaaS, Package Vendor Share> (FY2025 results) Sales to More Than 1,300 Companies*1 Our share in the FY2025 consolidated accounting software market was 55.6% for SaaS/PaaS and 44.7% for packaged software*2 Supporting the strengthening of corporate governance across financial accounting, budgeting, and management accounting
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11©AVANT GROUP CORPORATION. All Rights Reserved. Rebuild AVANT’s management structure, business model, and talent as an integrated whole to execute the DIVA-centered strategy Rebuilding AVANT’s Business Model and Strategy Execution Framework while Maintaining the DIVA-Centered Strategy DIVA Established Business Model High Recurring Revenue and Profitability Strong Customer Base • BPaaS*1 providing an integrated offering of consolidated accounting software, BPO, and specialized operational expertise. • Long-standing, deep relationships with CFOs and accounting departments at large enterprises. • A continuous improvement cycle that feeds insights gained from consolidated financial reporting operations back into products and services. AVANT Unable to Convert Demand into Growth Review of the Three-Year Medium-Term Management Plan • A proprietary product-led approach was insufficient to address customers’ individual challenges • Shortage of personnel with expertise in consulting and business concept design • Unable to consistently convert demand into sales and profit Business Opportunities • The EPM market targeted by the Management Solutions Business software is expected to grow approximately 3.5 times over the seven years from 2023 to 2030 (CAGR: +19.7%)*2 • DIVA customers have needs for support in group management and management accounting *1 BPaaS: Abbreviation for Business Process as a Service *2 Calculated based on Fuji Chimera Research Institute “Software Business New Market 2024–2026 Edition” the EPM market size trends (FY2023–2030) While the Consolidated Financial Disclosure Business (DIVA) has a strong customer base and robust demand, the Management Solutions Business(AVANT) has not been able to sufficiently convert this demand into projects, sales, and profit.
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12©AVANT GROUP CORPORATION. All Rights Reserved. *Disclosure dated June 30, 2026: Notice Regarding Change in Representative Director at a Consolidated Subsidiary AVANT: Restructuring Management, Business Model, and Talent 2. Business Model • Insufficiently addressed the management challenges unique to each customer • Flexibly combine and provide consulting, system integration, and third-party products Shift from a Proprietary Product-Led Approach to a Customer Challenge- and Business Process Design-Led Approach 1. Management Structure • Group CEO Morikawa appointed President and Representative Director of AVANT • Group CSO Moroi, formerly CFO and CHRO of AVANT, appointed Director, Executive Officer and COO of AVANT To execute the DIVA-centered strategy, AVANT GROUP’s management team will directly lead the rebuilding of AVANT* 3. Talent • Insufficient personnel to convert customer needs into projects and undertake business concept development and design • Secure and deploy professionals with expertise in group management Strengthen Specialized Talent Responsible for Proposals and Consulting With the challenges identified, AVANT has begun rebuilding to accelerate execution of the DIVA-centered strategy Identified the factors behind the shortfalls against the first three years of the medium-term management plan and the FY6/26 plan, and initiated a review of the management structure, business model, and talent AVANT GROUP's managements directly lead the rebuilding of the Management Solutions Business(AVANT) to implement the DIVA- centered strategy.
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13©AVANT GROUP CORPORATION. All Rights Reserved. Ⅲ. Earnings and Dividend Forecast
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14©AVANT GROUP CORPORATION. All Rights Reserved. (millions of yen) Net Sales 30,481 32,800 2,318 7.6% Operating Profit 4,697 5,000 302 6.4% OPM 15.4% 15.2% - - Net Income 2,985 3,450 464 15.6% FY6/27 （Forecast） Variance % Chg FY6/26 （Actual） Earnings Forecast for the Fiscal Year Ending June 30, 2027 The Management Solutions Business (AVANT), the largest contributor to the gap against the medium-term management plan and the shortfall from the FY6/26 full-year forecast, is being rebuilt to establish an execution framework for a strategy centered on DIVA. Net sales, operating profit, and net income are forecast to increase to record highs.
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15©AVANT GROUP CORPORATION. All Rights Reserved. Capital Allocation Update Operating Cash Flow ¥ 21.2 bn Beginning-of-Year Surplus Funds ¥ 7.3 bn Investment ¥ 20.0 bn Dividends ¥ 5 bn Increase in Working Capital ¥ 3.5 bn Share Repurchases ¥ 4 bn ¥28.5 billion At Medium-Term Plan Launch* As of Aug. 2026 ¥28.5 billion ¥28.5 billion Investment ¥ 16.0 bn Investment: ¥16.0 Billion Investment Priorities 1. Internal investment, including human capital 2. Investments and M&A 3. Startup investments and other initiatives • Internal investment, including human capital, comprises recruitment, R&D, marketing, and other initiatives aimed at strengthening sales and development capabilities. Shareholder Returns: ¥9.0 Billion DOE-Based Dividends • Dividends paid based on DOE DOE for FY6/26 was 7.5%, significantly above the average for companies listed on the Tokyo Stock Exchange. • Approximately ¥4.0 billion in share repurchases also conducted over the three years of the current medium-term management plan. Operating cash flow is expected to exceed the initial mid-term plan projection by approximately 1.9 billion yen, reaching 21.2 billion yen. While dividends were initially projected at approximately ¥5 billion when the medium-term plan was formulated*, the company implemented flexible repurchases of treasury shares, resulting in ¥16 billion in investments and ¥9 billion in shareholder returns. Dividends ¥ 5 bn Increase in Working Capital ¥ 3.5 bn *At the time of the medium-term management plan announcement: August 2023
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16©AVANT GROUP CORPORATION. All Rights Reserved. ROE Averaging Around 20% and DOE-Based Dividends Trends in Dividends and DOE Shareholder Return Results and Forecasts Maintain an average ROE of over 20% while paying dividends based on the DOE criteria (with a target of 8% for the fiscal year ending June 2028, the final year of the medium-term plan). The year-end dividend for the fiscal year ended June 2026 is ¥32 per share, resulting in a DOE of 7.5% (significantly higher than the average of 3.5% for companies listed on the Tokyo Stock Exchange). Flexible share repurchases of approximately ¥3.2 billion during the fiscal year, bringing total shareholder returns for the fiscal year ended June 2026 to ¥4.35 billion. Forecast year-end dividend of ¥34 per share for the fiscal year ending June 2027 (DOE: 7.7%), while maintaining a stable dividend policy under which, in principle, the dividend per share will not fall below the previous fiscal year’s level. (millions of yen) DOE 18.3% 22.3% 23.8% 19.8% ー ROE 4.9% 5.5% 6.3% 7.5% 7.7% Total Dividends Paid A 564 708 930 1,123 ー Total Share Repurchases B 0 477 351 3,231 ー Total Shareholder Returns A+B 564 1,185 1,281 4,354 ー EPS 55.65 76.62 94.15 83.41 100.13 Dividend per share ¥15 ¥19 ¥25 ¥32 ¥34 Net Income 2,094 2,850 3,434 2,985 3,450 FY6/26 FY6/27 Forecast FY6/23 FY6/24 FY6/25
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17©AVANT GROUP CORPORATION. All Rights Reserved. （Forecast） Long-Term Trends in Net Sales and Operating Profit ¥30.4 billion 10-year CAGR 12.2% FY6/26 Net Sales ¥4.6 billion 10-year CAGR 15.5% FY6/26 Operating Profit (millions of yen) (millions of yen) Over the long term, the Group has maintained a consistent growth trajectory. Although net sales and profits have lagged behind the pace originally projected in the current medium-term management plan, the underlying issues have been identified and addressed. For the fiscal year ending June 2027, the company will focus on rebuilding AVANT’s business model and operational framework, the largest contributor to the gap against the medium-term management plan. Fully execute the initiatives for the fiscal year ending June 2027 to return to the growth trajectory originally envisioned under the current medium-term management plan.
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18©AVANT GROUP CORPORATION. All Rights Reserved. Ⅳ. Other Reference Data
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19©AVANT GROUP CORPORATION. All Rights Reserved. FY6/26 Full-Year Operating Profit Variance Analysis (millions of yen) Net sales growth in the Consolidated Financial Disclosure Business and the DX Promotion Business made a significant contribution to the increase in operating profit. Lower outsourcing expenses also had a positive impact; however, higher personnel expenses associated with workforce expansion, office relocation-related costs, and the provision for loss on orders received—a one-time expense in the Management Solutions Business—limited full-year operating profit growth to a marginal increase.
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20©AVANT GROUP CORPORATION. All Rights Reserved. FY6/26 Quarterly Operating Profit Variance Analysis Revenue growth effect in the Consolidated Financial Disclosure Business and lower outsourcing costs had a significant positive impact, quarterly operating profit declined due to higher personnel and recruitment expenses associated with workforce expansion, office relocation costs, and the provision for loss on orders received, a one-time expense in the Management Solutions Business. (millions of yen)
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21©AVANT GROUP CORPORATION. All Rights Reserved. Quarterly Margin Trends Effective from the beginning of the first quarter of FY6/22, the "Accounting Standard for Revenue Recognition" (ASBJ Statement No. 29, March 31, 2020) and others have been applied. (％) In addition to an increase in the SG&A ratio due to increased hiring expenses and personnel expenses, the operating profit margin declined significantly due to seasonal factors in 4Q—such as the hiring of new graduates and performance-based bonuses—as well as a one-time expense associated with the recognition of a provision for loss on orders received in the Management Solutions Business.
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22©AVANT GROUP CORPORATION. All Rights Reserved. ROE Trends *Figures are calculated based on the past four quarters. Effective from the beginning of the first quarter of FY6/22, the "Accounting Standard for Revenue Recognition" (ASBJ Statement No. 29, March 31, 2020) and others have been applied. Compared to previous quarter, ROE* declined due to an increase in net assets and a temporary deterioration in profitability; however, for the full-year average ROE remained high at 20% or above. We aim to maintain an average of 20% or more by adhering to the Group's management principles, further enhancing profitability, and managing assets more efficiently.
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23©AVANT GROUP CORPORATION. All Rights Reserved. Financial Position Trends (％)(millions of yen) Total assets Net assets and equity ratio (millions of yen) Total Assets Increase Factors ¥135 million in notes and accounts receivable - trade, and contract assets, ¥325 million in prepaid expenses, ¥579 million in buildings, ¥386 million in shares of subsidiaries and affiliates, ¥166 million in long-term loans receivable Decrease Factors ¥1,778 million in cash and deposits Net Assets Increase Factors Profit attributable to owners of parent of ¥2,985 million Decrease Factors Payment of dividends of surplus of ¥930 million, ¥135 million in capital surplus due to the cancelation of treasury shares, ¥3,095 million in retained earnings ¥24,147 million YoY-end: -¥225 mn ¥14,570 million YoY-end: - ¥1,027 mn
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24©AVANT GROUP CORPORATION. All Rights Reserved. (millions of yen) Yr earlier chg Yr earlier chg Operating CF 2,641 2,642 (1) 3,790 4,469 (679) Investment CF (348) 87 (435) (1,338) (201) (1,137) Free CF 2,292 2,729 (436) 2,451 4,268 (1,817) Financial CF (245) 19 (265) (4,257) (1,036) (3,220) FY6/26 Q4 YoY Variance FY6/26 YTD YoY Variance Cash Flow Trends Operating CF Main Sources Profit before income taxes of ¥4,505 million and depreciation of ¥417 million, an increase of ¥238 million in provision for loss on orders received, an increase of ¥436 million in contract liabilities Main Uses An increase of ¥135 million in trade receivables and contract assets, an increase of ¥322 million in prepaid expenses, ¥1,565 million in income taxes paid. Investment CF Main expenditures Purchases of property, plant and equipment of ¥597 million, purchases of investment securities of ¥146 million, purchase of shares of subsidiaries, affiliates of ¥420 million, and long-term loan advances of ¥158 million Financial CF Main cash outflows ¥3,231 million for purchase of treasury shares, ¥930 million for dividends paid
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25©AVANT GROUP CORPORATION. All Rights Reserved. Progress in Software Gross Profit (millions of yen) Software gross profit trends Gross profit from other proprietary products has approximately tripled since FY6/25, but remains behind the third-year plan. DivaSystem LCA, the company’s flagship consolidated accounting system, continues to deliver stable growth, with cloud migration and other initiatives contributing to improved profitability. Accelerate and scale sales growth for our other proprietary products to contribute to earnings/profitability.
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26©AVANT GROUP CORPORATION. All Rights Reserved. Quarterly Trends in Software Gross Profit (millions of yen) Increased 5.1% year on year and 5.3% quarter on quarter, driven by factors including higher software sales and lower outsourcing expenses.
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27©AVANT GROUP CORPORATION. All Rights Reserved. Progress in Software Sales and Software Gross Profit (details) Software sales Software gross profit With the amortization of AVANT Chart having concluded in the third quarter, gross profit for other proprietary products grew significantly year-on-year. For DivaSystem LCA, license sales declined due to cloud migration, while recurring sales increased, resulting in a slight increase in net sales overall. (millions of yen) (millions of yen)
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28©AVANT GROUP CORPORATION. All Rights Reserved. Quarterly Recurring Sales and Recurring Sales Ratio (millions of yen) Effective from the beginning of the first quarter of FY6/22, the "Accounting Standard for Revenue Recognition" (ASBJ Statement No. 29, March 31, 2020) and others have been applied. Recurring sales have increased for 20 consecutive quarterly periods, and the recurring sales ratio has continued its gradual upward trend, remaining above 40% since the previous quarterly period.
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29©AVANT GROUP CORPORATION. All Rights Reserved. Group Cost Structure (millions of yen) Yr earlier % chg Yr earlier % chg Net Sales 7,653 7,289 5.0% 30,481 28,227 8.0% Personnel expenses 3,961 3,530 12.2% 14,715 13,238 11.2% Recruitment expenses 187 164 14.1% 682 631 8.1% Outsourcing expenses 1,029 1,213 (15.2%) 4,491 4,842 (7.2%) IT expenses 454 394 15.3% 1,696 1,543 9.9% Office expenses 313 271 15.5% 1,127 985 14.4% Other expenses 1,080 736 46.8% 3,070 2,382 28.9% Total expenses 7,028 6,310 11.4% 25,783 23,623 9.1% Operating Profit 624 978 (36.1%) 4,697 4,604 2.0% OPM 8.2% 13.4% (5.3pt) 15.4% 16.3% (0.9pt) FY6/26 Q4 YoY VarianceFY6/26 YTD YoY Variance Personnel and recruitment expenses increased in line with business expansion, along with office expenses associated with additional office space and investment-related expenses aimed at achieving future growth, primarily through strengthening the software business. As the development of in-house personnel progressed, outsourcing costs declined significantly in Q4 and also contributed to improved full-year profitability.
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30©AVANT GROUP CORPORATION. All Rights Reserved. Number of Group Employees Headcount continues to trend upwards to achieve sustainable growth. Headcount increased significantly to 1,883 in Q4, up 10.3% from the fiscal year ended in June 2025, driven by an increase in the hiring of new graduates.
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31©AVANT GROUP CORPORATION. All Rights Reserved. Change in Business Segment Classification Consolidated Financial Disclosure Business Business Segment Digital Transformation Promotion Business Management Solutions Business Other ～FY6/25 From FY6/26～ The business segments have been reorganized so that each of the three core group companies—DIVA Corporation, ZEAL Corporation, and AVANT Corporation—constitutes a single segment, while all other subsidiaries are grouped under the “Other” segment, providing a clearer reflection of the management approach. DIVA CORPORATION OF AMERICA DIVA CORPORATION OF AMERICA
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32©AVANT GROUP CORPORATION. All Rights Reserved. Results by Business Segment (Orders) Yr earlier % chg Yr earlier % chg Consolidated Financial Disclosure Business 3,046 2,367 28.7% 10,770 8,777 22.7% Digital Transformation Promotion Business 2,471 2,902 (14.8%) 11,005 10,260 7.3% Management Solutions Business 3,498 3,346 4.5% 10,274 9,694 6.0% Other 228 185 22.9% 543 464 17.1% Corporate expenses and elimination of inter-segment transactions -148 -160 ー -492 -472 ー Segment Total 9,096 8,641 5.3% 32,102 28,724 11.8% Consolidated Financial Disclosure Business 6,112 4,990 22.5% 6,112 4,990 22.5% Digital Transformation Promotion Business 1,995 2,012 (0.8%) 1,995 2,012 (0.8%) Management Solutions Business 3,761 4,175 (9.9%) 3,761 4,175 (9.9%) Other 211 199 6.3% 211 199 6.3% Corporate expenses and elimination of inter-segment transactions -963 -1,879 ー -963 -1,879 ー Segment Total 11,118 9,497 17.1% 11,118 9,497 17.1% YoY VarianceFY6/26 Q4 YoY Variance FY6/26 YTD Order Backlog (millions of yen) Orders (millions of yen) In the Consolidated Financial Disclosure Business, revenue continued to increase significantly year-on-year, due to steady sales growth and the transfer of certain maintenance services from the Management Solutions Business. In the DX Promotion Business, order intake for the quarterly period posted a significant year-on-year decline, partly due to the cancellation of a project and lower-than-expected sales. In the Management Solutions Business, order intake rose slightly, while the quarterly and cumulative order backlogs both declined partly due to the transfer of maintenance services.
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33©AVANT GROUP CORPORATION. All Rights Reserved. Reference : Company Overview
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34©AVANT GROUP CORPORATION. All Rights Reserved. Company Profile Percentage of sales for each segment FY6/26 【Consolidated Financial Disclosure Business】 In addition to development of the consolidated accounting system "DivaSystem LCA" and its maintenance, we are engaged in outsourcing business such as consolidated and non- consolidated financial settlement operations using the software to comprehensively support the corporate value creation process through information disclosure. We aim to establish a business model that integrates software business and outsourcing business. 【Management Solutions Business】 With group business management, consolidated accounting, and business management as the pillars, we provide one-stop support for customers' "visualization and maximization of invisible corporate value" from consulting to system planning, construction, introduction, operation and maintenance. We also provide system development and implementation support that combines software developed by other companies with our own products. By making the most of our assets, the segment continuously creates solutions to provide management information that helps improve corporate value. Additionally, 【Digital Transformation Promotion Business】 We support the promotion of digital transformation and data-driven management of companies by providing AI and BI solutions that analyze, predict, and visualize data from data platforms that organize and integrate internal and external data through consulting and system development. By acquiring the latest methods for utilizing data, from multi- cloud compatible software provided by major cloud vendors to cutting-edge technologies such as generative AI, We aim to foster the development of engineers, advance in-house development of data utilization infrastructure products, and expand the product offerings of our group. Major Software Group Companies Segment Information Third party Net sales ¥30.4 b 【Other】 This segment includes information search service for disclosure documents provided by Internet Disclosure Co.,Ltd, and VISTA Corp that offers management consulting services tailored to the positioning of individual companies in the stock market. Digital Transformation Promotion Business 36％ Management Solutions Business 33％ Other 2％ Name：AVANT GROUP CORPORATION Inception：May 26, 1997 Representative：Tetsuji Morikawa, Founder, Chairman & Group CEO Market cap：Approximately ¥43.1 billion （ TSE Prime, 3836, End of July 2026 ）
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35©AVANT GROUP CORPORATION. All Rights Reserved. Avant Group Philosophy
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36©AVANT GROUP CORPORATION. All Rights Reserved. Our Founding Principles: Three Orientations and Five Management Principles 1. Customer Orientation 3. High-Profitability Orientation2. Mastery Orientation Five Management Principles 2．Losses Are Unacceptable We believe that pursuing high profitability provides the foundation for putting our ambitions into practice and prepares us to respond flexibly to unforeseen changes in the future. 3．Pursue Higher Value through Ingenuity Human life is finite, and time can be viewed as life divided into smaller units. Using ingenuity to make effective use of time is therefore equivalent to valuing life itself. Growth is important for a company, but before pursuing growth, it is essential to establish the mechanisms that support it. 4．Create Business Growth That Enables People to Grow We believe that not only the company, but also the people who work within it, must grow together. We strive to create new value every day and avoid simply repeating the same work. 5．Master a Specialty to Contribute to Society We believe that mastering one specialty can lead to mastery in many areas and can also provide a sense of purpose in life. At work, every employee is expected to develop an area in which they are second to none. We also aim to increase the number of employees who possess such expertise. 1．Trust Comes First Trust means honoring our commitments. In our relationships with customers, we believe trust is earned by consistently delivering quality and meeting expectations. In our business activities, it is built by improving the accuracy of our plans and repeatedly achieving them. Three Orientations
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37©AVANT GROUP CORPORATION. All Rights Reserved. AVANT GROUP advances to the next five years to achieve BE GLOBAL 0 5,000 10,000 15,000 20,000 25,000 30,000 35,000 97 98 99 00 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 Sales Operating Profit May. 1997 Established DIVA CORPORATION （FY） Oct. 2022 Group reorganization Dec. 2018 DivaSystem user base reached 1,000 companies Mar. 2018 Transferred to the First Section of the Tokyo Stock Exchange (currently TSE Prime Market) Oct. 2013 ■Changed trade name to AVANT CORPORATION ■Transitioned to a holding company structure Aug. 2007 DivaSystem user base reached 500 companies Feb. 2007 Listed on the OSE Hercules Market (currently TSE Growth Market) Sales/Operating Profit (millions of yen) FY Mar. 2000~ Reporting in consolidated accounting Apr. 2003～ Mandatory quarterly reporting Apr. 2008～ Introduction of Internal Control Reporting System (J-SOX) FY Mar. 2010～ Voluntary Application of Disclosure under IFRS Jun. 2015～ Corporate Governance Code Sep. 2019～ Group Governance Practice Guidelines Government-led initiatives Established the top share in Japan in the consolidated accounting business BE GLOBALIntroduction of holding company structure and expansion of group management Market Cap. (millions of yen) Mar. 2023～ Request from TSE for ‘Action to achieve cost of capital and share price conscious management’
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38©AVANT GROUP CORPORATION. All Rights Reserved. Numerical Summary
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39©AVANT GROUP CORPORATION. All Rights Reserved. Cautionary statement concerning forward-looking statements The business forecasts, future projections, and strategies contained in this document are based on information reasonably available to the Company and judgments made within a normal scope at the time of preparation. However, actual results may differ materially from those projected in these forward-looking statements due to the occurrence of extraordinary circumstances, unforeseeable results, or various risks and uncertainties. While the Company strives to actively disclose information deemed important to investors, we urge you not to rely solely on the earnings forecasts contained in this document when making investment decisions. Please refrain from reproducing or transmitting this document for any purpose without permission. Contact AVANT GROUP CORPORATION IR Office ir@avantgroup.com