I would first like to express my sincerest gratitude to everyone for their continued support.

Our company was listed on the First Section of the Tokyo Stock Exchange in December 2014, and transferred to the Prime Market on April 4, 2022. We are genuinely grateful to those who have given us their support and cooperation since our listing.

To overcome global competition, our Group is expanding its business operations, focusing on our mobile games and blockchain-related businesses (mainly in the blockchain sector and XR, including VR, AR, and MR).

The external environment surrounding the mobile game business is growing increasingly competitive as the market approaches maturity, resulting in lengthened development periods and increased development costs. Accordingly, in an aim to create successful titles, we will be more selective in our development pipeline and shift toward a portfolio centered on popular IPs. Original titles will be developed by utilizing collaborative and production committee schemes in order to thoroughly control risks. In addition, we will employ our existing game engine and further promote initiatives such as development contracting to secure stable revenue.

The external environment surrounding the blockchain business is experiencing rapid market expansion both domestically and internationally, with the creation of a variety of content and devices utilizing new technologies such as blockchain and XR. To grow this business into a main source of revenue in the future, particularly in the blockchain sector, we will actively allocate management resources to three areas of business: utilizing our accumulated expertise for the development of content such as blockchain games, investing in funds primarily overseas, and operating nodes on leading blockchains. In the XR sector as well, we aim to build strategic partnerships with leading companies domestically and overseas through investment funds and other means, generating investment income in the short term while pursuing future commercialization.

Going forward, the Group will continue to fully utilize its cultivated network and content development capabilities to bring wonder and excitement to people the world over, and, with officers and employees united, we will strive diligently to further enhance corporate value.

We respectfully ask our shareholders and investors for their continued support.