nd Quarter of FY2020 Financial Results...Digital Marketing By Utilizing External Tools Construct Internet Research Platform by Investing in Systems Data ... (500) 0 500 1,000 1,500

2nd Quarter of FY2020

Financial Results

August.17th 2020

Copyright© Cross Marketing Group Inc. All rights Reserved. 2

CONTENTS

Q2 FY2020 Financial Results

Q2 FY2020 Financial Results by Business Segment

Topics and Activities of Q2 FY2020

Financial Results Forecast of Q3 FY2020

Shareholder Return and Dividend Amount

Reference Materials

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------ 6

------ 11

------ 15

------ 23

------ 25

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1

2

3

4

5

6

７

The Latest Situation and Policies for Post-Covid19


The Latest Situation and

Policies for Post-Covid19

CONTENTS 1


01 The Latest Situation and


Thanks to Restart of Economic Activities, Performance of Q3 Recovering to Same

Level as Previous Year from Stagnation of Q2 due to State of Emergency in Japan

and Lockdown in Foreign Countries

Q2 FY2020 Financial Results and Forecasts of Q3

50.0%

100.0%

0%

Around

90-100%

・Domestic businesses are steady, and a big

project in the USA should be counted.

Revenue is recovering from a marked

decrease in Q2 due to COVID-19

Revenue of Q3 should be

in around 90-100％ QoQ.

98.0%

75.2%

50.0%

100.0%

0%

98.3%

89.8% Around

90%

Trend of

Consolidated

Revenue QoQ

Trend of

Consolidated

SG&A QoQ

・SG&A has decreased QoQ by cost control

and reorganization.

SG&A of Q3 should be

around 90％ QoQ.

The office area is planed to be reduced by

arranging the circumstance for remote

work ; Estimating to generate 100 JPY

million profit impact per year

(25) JPY Million

(151) JPY Million

Q1(result) Q2(result) Q3(forecast)

Q1(result) Q2(result) Q3(forecast)

※The forecasts are estimated judging from the current financial status. The actual may differ from this forecasts due to a number of factors


To Carry on “ Innovation for Maintaining and Growing Business”

to Become a Group with Ability to Keep up Changes of Society and Values

Short or Middle Term Risk Measures

Change of Working Style and Management to Arrange Secure Environments for Office and Remote Working to Improve Personnel Evaluation Systems and Management

Continuous Stagnant of Off-line research to Shift Service Providing System to Internet-digital Marketing

Change of the Way of Sales Activities and

Finding New Clients（Change of the Way of

Contact and Relationship with Clients）

to Build New Relationship with Clients by Strengthening Digital Marketing, CRM System

Change of Consuming Actions, Values and

Business Environments to Invest in Businesses Including existing Businesses for Providing New Values

Slowdown of Growth Speed due to

Deterioration of Business Activities

Borrowed JPY 2,000 Million (Disclosed on June 11) for Investment to Maintain Businesses and Grow ※Secure 5.3 billion of cash equivalent at the end of June 2020（the highest）

01 Policies for Post-Covid19 Disclosed

on June 30 The Latest Situation and




CONTENTS 2

Copyright© Cross Marketing Group Inc. All rights Reserved.

Q2 FY2020 Executive Summary

7

Generate Profit in Total of the 1st Half

despite Massive Impact of Covid-19 in Q2( Apr.-Jun.)

Especially in Foreign Countries

Organize the Company Structure, Enable Us to

Continue Business and Invest in Business Growth by

Securing Cash Equivalent and Cost Control as Urgent

Measures under Covid-19

Q2 FY2020

Financial Results 02


Revenue

423

8,808

Operating

Profit

Ordinary Profit

Net Income (955)

341

FY19 1st Half

Result

FY2020 Consolidated Financial Results of the 1st Half

166

7,700

32

186

Amount

39.2％

87.4％

ー

54.4％

YoY

FY20 1st Half

Result

（Unit：JPY Million）

02

Make Profit in Total of the 1st Half(Jan.-Feb.) Thanks to Contribution of IT Solution

and Other Businesses and by Cost Control of the Whole Group despite Decrease in

Revenue YoY Especially in Foreign Countries

Q2 FY2020

Financial Results


Revenue 4,618 4,711

Operating

Profit

Q1 FY19 (Jan.-Mar.)

Result

Q1・Q2 FY2020 Trend of Consolidated Financial Results

3,081 98.0％

YoY


02

Revenue and Profits of Q2(Apr.-Jun.) Decrease Remarkably YoY due to State of

Emergency in Japan and Lockdown in Foreign Countries,

Different from Q1(Jan.-Mar.) When the Covid-19 Impact Small

Q1 FY20 (Jan.-Mar.)

Result

427 409 104.3％

4,097

Q2 FY19 (Apr.-Jun.)

Result

75.2％

YoY

Q2 FY20 (Apr.-Jun.)

Result

14 － (261)

Calculated the Gap of Gross Profit・SG&A by

Segment YoY in Operating Profit in Q2(4-6)

→Refer to the Next Page(P10)

Q2 FY2020

Financial Results


Q2(Apr.-Jun.) FY2020 Analysis of Gap

of Operating Profit（YoY）

Q2 FY2020

（Result）

Q2 FY2019

（Result）

Operating

Profit

14 JPY Million

Operating Profit (275) JPY Million

Gain of Gross Profit

Due to Gain of Revenue

+11 JPY Million

【IT Solution】

【Other business】

Drop of

Transportation,

Supplies and

Entertainment expense

【SG&A】

+46 JPY Million

Drop of the Other

(Goodwill etc.) expense

+47 JPY Million

【SG&A】

Breakdown of Gap of

SG&A by Cost Control

and due to Changes of

Circumstance

02

Drop of Personnel,

Outsourcing and

Advertising expense

【SG&A】

+58 JPY Million

Operating

Profit

(261) JPY Million

（Domestic・Overseas）

Drop of Gross Profit

Due to Drop of Revenue

(438) JPY Million

【Research】

Q2 FY2020

Financial Results

10



by Business Segment

CONTENTS 3


101.9%

80.2%

94.9%

33.5%

0.0%

100.0%

Research Business(Domestic/Overseas) 03

Research 【Domestic・Overseas】

Results of the 1st Half and Forecast of Q3 Results QoQ 【Total of the 1st Half】

Business Activities of Foreign Subsidiaries Almost Stop in Q2 due to Lockdown

Although Domestic Revenue Decrease under Statement of Emergency

Lead Company “CM” Mark 90% Revenue YoY and SE 110% YoY

Lead Company CM

the Number of Inquiries

Recovering from May

Regarding Overseas

Big Project Should

Counted in Q3

Revenue of SE Increase

due to New Service etc.

under Covid-19

Around

120%

Around

90%

FY20 Overseas Revenue(Right)

FY20 Domestic Revenue(Right) Domestic：Revenue QoQ(Left)

Overseas：Revenue QoQ(Left)

FY20

Q1

FY19

Q1

FY20

Q2

FY19

Q2

FY20

Q3

FY19

Q3

Forecast Result Result

5,000 Segment Profit

4,474 JPY Million 92.6％ QoQ

Domestic

Revenue

739 JPY Million

84.6％ QoQ

1,256 JPY Million

62.3％ QoQ

Overseas

Revenue

Unit

％

FY19 Overseas Revenue(Right)

FY19 Domestic Revenue(Right)

2,766 2,818 2,065 1,656 2,336

946 897 1,069 704

359

Unit

JPY Million


by Business Segment

12


IT Solution Business

IT Solution

Results of the 1st Half and Forecast of Q3

Segment Profit

1,610 JPY Million

101.2％ QoQ

Results QoQ 【Total of the 1st Half】

13

CC Revenue of Q2(Apr.-Jun.) Up 12% YoY under Affection of Covid-19

CPW and FITTIO Steady, Total Revenue of this Segment Surpass Last Year

FY19 Revenue(Right)

FY20 Revenue(Right)

03

90.0%

112.6%

0%

100%

Around

80-90%

IT Solution：Revenue QoQ(Left)

CC Finish Dealing with Big

Project, and Level of Profit

Recovering over Q2

Though Affected by Covid-19

Each Firm Secure the Number

of Projects and Revenue by

Strengthening Marketing

Carry Out Some Plans like

D2C Service to Grow Even

More in 2nd Half

Unit

％

1,000

799 719 792 891 775

Revenue

61 JPY Million

38.1％ QoQ

FY20

Q1

FY19

Q1

FY20

Q2

FY19

Q2

FY20

Q3

FY19

Q3


Unit

JPY Million


by Business Segment


Other Businesses

Results QoQ 【Total of the 1st Half】 Other Businesses

Results of the 1st Half and Forecast of Q3

14

Boost Direct Response

Marketing since Finding

New Clients Slow down

due to COVID-19

Reduce SG&A by Revising

Recruiting Plan etc.

03

Same Level of Revenue YoY while Sales Activities Affected by Covid-19

To Retrieve Growing Trend toward the Second Half by Revising Plans for

Recruiting and Sales Methods

Offer Higher Added-Value

by Cooperating with Other

Firms

91.9% 102.2%

0%

100%

Around

90-100%

Other Businesses：Revenue QoQ(Left)

200 184 171 175 173

Unit

JPY Million

FY19 Revenue(Right)

FY20 Revenue(Right)

Unit

％

Segment Profit

359 JPY Million

96.6％ QoQ Revenue

82 JPY Million

154.9％ QoQ

500

FY20

Q1

FY19

Q1

FY20

Q2

FY19

Q2

FY20

Q3

FY19

Q3



by Business Segment


Topics and Activities

of Q2 FY2020

CONTENTS 4


Activities in the First Half About Key Theme in 2020 Topics and Activities

of Q2 FY2020

Expand Services about “Digital Marketing”” AI & Big Data”

Regarding IT Solution Business, Encourage Clients Digitalization

16

Market ing

Solut ion

Digital

transformation

Digital

Marketing

RPA

Consultancy Gain Added Value for

Digital Marketing By

Utilizing External Tools

Construct Internet

Research Platform by

Investing in Systems

Data×AI×Medical Investing in

HR:BPO:BPR

Big Data

AI Medical

Theme and Key Words to Address in FY2020, refer to FY2019 financial results briefing materials

04


the Number of Projects on Big Data Analysis Increase Attain Tourist Spot Dynamic Analysis Project with Large Scale Location Data from Large

Customer for Two Consecutive Year

Over 10 Billion of

Location Data

Aggregated through

Smart Phone Apps

Processing and

Aggregating by Data

Marketers Dynamic Analysis &

Reports about

Tourist Spot by

Prefecture

Data Engineering Aggregation of Large Quantity of

Data by Engineers Analysis by Marketers

Domestic Research Business 【Cross Marketing 】

Provide High Added Value Reporting Service

Marketing Solution ×

【Example of Project】


of Q2 FY2020 04


Offer Marketing Support under Depression due to Covid-19 Expand Client Asset Analysis Service based on LTV, “Customer Journey Type Data Analysis”

The Service Expanding as Data Marketing Method

Providing Optimal Marketing under Harsh Circumstance Started as a New Service in February 2020

● Method Unique to Research Company

“Client data Analysis with Attitude Data × Behavioral Data／Macro × Micro”

● Calculate LTV～Simulation to Improve Profit～Direction of Measures～Analyze through Test

Loyal Customer

Dormant

Customer

Potential

Customer

90％

50％

10％

3 million

1 million

0.5 million

LTV Next Year

Closing Rate

Simulation to

Improve Profit

Create Persona

by Segment

【New Service】

Domestic Research Business 【Cross Marketing】 Topics and Activities

of Q2 FY2020 04

18


Start Open Data Service with AI Help Clients Make Decisions in Big Data Times

Offer Service

“Open Data Collection””～ Fusion””～ Analysis”

Making Series of Process for Data Collection, Fusion

and Analysis from Over 1.7 Billion Web site in the

World Efficient and Sophisticated by Using AI

Set Up Conditions about necessary data

AI × Web Crawling

Arrange data in a specific format

【New Service】

Collect and Arrange Designated Data

Automatically from over 1.7 Billion Web Site

All Over the World

【Example】 Steps of “Open Data Collection”

【Image of AI × WEB Crawling】

【Service Outline】

Domestic Research Business 【Medilead】 Topics and Activities

of Q2 FY2020 04


IT Solution Business 【 Cross Communication 】

20

Develop Smart Phone Stock Market

of Daiwa Securities Group “CONNECT”

New Securities Company Managed

by Daiwa Securities Group Inc.

With a Smartphone, All Processes : Opening Account,

Transaction etc. Can be Completed

Develop Whole Process from Design to Infrastructure

with Know-How on Application Development

for Financial Institution Require Stability

04

【example of project】


of Q2 FY2020


Take a Survey to Targets and

Analyze Residential areas and

Behavioral Data to make reports

Digital Marketing Business(Other Businesses)【D&M】

21

Develop New Service with “X-Locations Inc.”

providing Analysis Services of Location Information Big Data

Analyze Location Information

Big Data and Presume

Consumers Residential areas

Gain Measures to Solve Difficulties in Marketing

“Find New Customers” ”Encourage Customers to be Repeat Customers “

”Improve Efficiency of Ads to Collect Customers”

04

〇〇○町1丁目

△△△町7丁目

□□□町4丁目

ＸＸＸ町2丁目

◎◎◎町6丁目

・

・

〇〇○町1丁目

△△△町7丁目

□□□町4丁目

ＸＸＸ町2丁目

◎◎◎町6丁目

・

・

High Possibility

Area to Visit Shops

Low Possibility

Area to Visit Shops

【New Service】


of Q2 FY2020


Digital Marketing Business【D&M】 04

Start New Service “Qwantz”

Self Type Questionnaire to Meet Clients Demand

Reasonable Fee, Quick Delivery and Easy to Operate

over 5 Million

Demographic

Information :Gender,

Age and Address etc.

Partner Company

Contact Data of Web-

Site and Usage data of

Application of Users

Combining data of Partner

Company Makes Narrowing

Target for Questionnaire

More Efficient

Self Type Questionnaire System

【New Service】


of Q2 FY2020


Financial Result Forecast

of Q3 FY2020

CONTENTS 5


05 Financial Result Forecast

0f Q3 FY2020 Covid-19 Impact and Forecast for Q3

Revenue Trend QoQ

Off-line Research Restart

Performance not Recovering so much as clients

Business Activities Slow-down, though the Number of

Inquiries Recovering.

Strengthening Sales Activities : On-line Workshop etc.

Business Activities Restart.

Recover of Subsidiaries for Off-line Research Slow.

Big Project in the USA Counted in Q3.

Making Services On-line, Cost Control, Reorganization

Sales Activities Affected More or Less.

Sales Activities Slow down in Q2, Which Affect

Revenue of Q3

Focusing on Contracted Projects, Acquiring Projects by

Strengthening New Services and Digital Marketing

The Number of Projects from Some Clients Decreased

Finding New Clients Still Difficult

Building New Relationship with Clients,

Revising the Policy and Methods of Sales Activities

Strengthen Direct Response Marketing

Situation and Measures of Q3(Jul.-Sep.)

Domestic Resarch

IT Solution

Digital Marketing

（Other Businesses）

Overseas Research

Consolidated

Revenue

Consolidated Revenue of Q3 is Recovering to Same Level QoQ

Forecast of FY2020 “Uncertain”

101.9%

80.2% 0.0%

50.0%

100.0%

150.0%

90.0% 112.6%

0.0%

50.0%

100.0%

150.0%

91.9% 102.2%

0.0%

50.0%

100.0%

150.0%

94.9%

33.5%

0.0%

50.0%

100.0%

150.0%

Q1 result Q2 result Q3 forecast

Around

90%

Around

120%

Around

80-90%

Around

90-100%

※The forecasts are estimated judging from the current financial status. The actual may differ from this forecasts due to a number of factors

24


Shareholder Return

and Dividend Amount

CONTENTS 6


Dividend Amount of FY2020 06 Shareholder Return

and Dividend Amount

Interim Dividend “JPY 3.1 per share” Implemented as Planed Year-end Dividend Uncertain though 3.1 JPY Forecasted on the Beginning of the

Period because Financial Result Forecast of FY2020 Uncertain

Dividend Forecast for FY2020 : Uncertain (Interim：3.10 JPY, Year-end：Uncertain）

Dividend Policy

0

20

40

60

80

0

2

4

6

8

13.5％

（％）（JPY） Dividend per share(left)

Consolidated dividend payout ratio(right)

JPY 4.5

JPY 3.3

JPY 5.5

33.1％

19.5％ 12.8％

JPY 6.0 JPY 5.5

21.2％

JPY 5.5

15.1％

JPY 6.0

JPY3.1 ＋

Uncertain

26

"Determine a dividend amount with the aim of a consolidated dividend payout ratio of

approximately 15%"

2013 2014 2015 2016 2017 2018 2019 2020 last Forecast

*The company split the shares into two parts on February 18, 2013, and into three parts on June 1, 2014, and a retroactive amount has been stated for the

dividend amount per share.

*With regard to past dividend amounts per share, these have been stated retroactively, upon rounding off to one decimal place.

*For 2017 and 2019, dividend payout ratios are not described since net losses were recorded.


Reference Materials

CONTENTS 7


Q2 FY2020 Consolidated Profit and Loss Statement

28

07

Unit：JPY Million Q2 FY2019

Total of the 1st Half

Q2 FY2020

Total of the 1st Half YoY

Revenue 8,808 7,700 87.4％

Costs of Goods Sold 5,437 4,763 87.5％

Gross Profit 3,371 2,937 87.1％

Gross Profit Margin 38.3％ 38.1％ (0.2)pt

SG&A 2,948 2,771 94.0％

Operating Profit 423 166 39.2％

Operating Profit Margin 4.8 ％ 2.2 ％ (2.6)pt

Ordinary Profit 341 186 54.4％

Extraordinary Profit －－－

Extraordinary Loss (1,060) －－

Net Income (955) 32 －

【SG&A decrease】

SG&A decreased “JPY 177 million”

by cost control and due to changes

of circumstance

【Non-operating Incomes Increase】

Subsidies “JPY 41 million” for the

Covid-19 affection from the

governments and so on are counted

in foreign subsidiaries

【Non-operating Expenses

Decrease】

Loss of equity method affiliated

companies decreased

“JPY 61 million“ YoY

Reference

Materials


Q2 FY2020 Consolidated Balance Sheet 07

【Short and Long-term Debt and Cash Increase】

Debt and cash increased due to raising JPY 2

billion at the end of June 2020 in order to

secure enough cash

Unit：JPY Million End of Q4

FY2019

End of Q2

FY2020 Changes

Current Asset 7,780 8,634 111.0％

Cash & Deposit 2,714 5,314 195.8％

Notes and

Accounts

Receivable-Trade

3,617 2,069 57.2％

Others 1,449 1,251 86.3％

Non-current Asset 2,147 2,292 106.7％

Goodwill 287 246 85.9％

Others 1,860 2,046 110.0％

Total Assets 9,927 10,926 110.1％

Unit：JPY Million End of Q4

FY2019

End of Q2

FY2020 Changes

Current Liability 4,773 4,410 92.4％

Note Payable 1,562 1,084 69.4％

Short-term Debt 1,332 1,667 125.1％

Others 1,879 1,658 88.3％

Non-current

Liability 1,734 3,265 188.4％

Long-term Debt 1,488 3,013 202.4％

Others 245 252 102.9％

Net Asset 3,420 3,251 95.1％

Equity Ratio 34.4％ 29.8％ (4.5)pt

29

Reference

Materials


Unit：JPY Million Q2 FY2019 Q2 FY2020 Changes

Operating Cash Flow 481 1,143 662

Income Before Tax (720) 186 905

Depreciation and

Amortization of Goodwill 192 116 (76)

Impairment Loss 1,060 ０ (1,060)

Increase/Decrease in Trade

Receivables 546 1,694 1,148

Income Taxes Paid (389) (204) 185

Others (209) (649) (440)

Investment Cash Flow (118) (256) (138)

Financial Cash Flow (287) 1,737 2,025

Net Increase/Decrease in

Short-term Loans Payable 102 5 (98)

Proceeds from Long-term

Loans Payable － 2,200 2,200

Purchase of Treasury Share － (100) (100)

Others (390) (367) 22

Cash and Cash Equivalents at the

End of Period 2,662 5,314 2,652

30

07

【Operating Cash Flow Increase】

Operating cash flow increased JPY

621 million YoY due to Increase in

Income before tax and collection of

trade receivables

【Borrow Long-term Loans Payable】

Financial cash flow increased JPY

2,025 million YoY due to raising

long-term loans payable in order to

secure enough cash

Q2 FY2020 Consolidated Cash Flow Statement Reference

Materials


Cross Marketing Group

Cross Marketing Group Inc. Company Name

Miki Igarashi President & CEO

June 3, 2013 Established due to the shift to a holding company,

Cross Marketing Inc. established on April 1, 2003

Established

JPY 646,709,000 Capital

1,385 (Including 217 temporary staff) Number of

Employees

[Consolidated]

Research Business, IT solutions Business and

others

Business

07 Reference

Materials

31


IT Solutions

Cross Communication are IT specialists engaged in the

planning, development and operation of mobile and

smartphone oriented websites and systems.

Cross Propworks offers development and design of

multi-device oriented websites and systems, as well as

a variety of data processing services.

Fittio is engineer placement agency oriented IT/Web

Group Companies

32

Marketing Research

Cross Marketing is the pioneer in online research with full

service marketing research capabilities.

R&D offers value added information (insights) through

market research planning, design, implementation and

consultation services.

Medilead is full service MR agency focused on delivering

insights derived from key stakeholders in the healthcare

industry.

Envirosell Japan offers analyses of shopper behavior and

business consulting services.

Service standards are evaluated from the perspective of

the consumer through the use of mystery shoppers

Kadence International is a global insight agency engaged

in marketing research with offices in the UK, the USA, and

Asia.

Markelytics is a leading market research agency providing

end-to-end research solutions to clients around the world.

Medical World Panel manages and operates proprietary

healthcare panels, and provides insights from key

stakeholders in the healthcare industry.

Support client to deal with marketing problems with web

research and BPR/BPO service

Others

D&M utilizes consumer data to offer cutting edge

marketing services.

Management support and Investment toward start-up

which has unique technology and know-how in Internet

industry.

07 Reference

Materials


Revenue


Domestic Research

Overseas Research

IT Solution

Other

Operating Profit

Ordinary Profit

Net Income

Net Assets

Total Assets

Dividend per share(JPY)

EPS(JPY)

BPS(JPY)

ROE(％)

ROA(％)

FY2015

14,859

1,233

1,185

559

3,945

9,970

8,336

4,565

1,704

253

6.0

30.81

193.17

17.2

13.3

15,969

1,342

1,267

837

4,474

9,932

9,212

4,159

1,907

690

5.5

42.85

221.49

20.7

12.7

16,758

727

597

(703)

3,598

9,564

9,074

4,982

2,147

553

5.5

(36.00)

177.75

－

6.1

17,492

955

840

507

3,900

10,429

9,551

4,742

2,542

656

5.5

25.92

193.79

14.0

8.4

18,580

1,267

1,150

(477)

3,420

9,927

10,132

4,421

3,284

742

6.0

(24.12)

166.19

－

11.3

33

Trends in Consolidated Results

and Main Indicators (FY2015-FY2019)

FY2017 FY2018 FY2016 FY2019

07 Reference

Materials


(500)

0

500

1,000

1,500

2,000

2,500

3,000

3,500

4,000

4,500

5,000

5,500

6,000

6,500

(500)

0

500

1,000

1,500

2,000

2,500

3,000

3,500

4,000

4,500

5,000

5,500

6,000

6,500

Revenue by Business Segment

and Consolidated Operating Profit

（JPY Million）

【Operating Profit(line graph)】

（JPY Million ）

IT Solution

Research(Overseas)

Research(Domestic)

Other Businesses 【Revenue(bar graph)】

07

34

Consolidated Kadence and R&D Listed to 1st section of TSE

FY2019 FY2016 FY2017 FY2018 FY2020

Q1 Q2 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4

Reference

Materials


History of Cross Marketing Group

35

Cross Marketing was established in Shibuya, Tokyo Apr

Main office transferred to Chuo-ku, Tokyo Jan

Cross Marketing enter into capital and business alliance with EC

Navi (Currently Voyage Group) and its subsidiary May

Received part of Index Inc.'s mobile solutions business

Cross Communication Inc. begins sales operations

Aug

Cross Marketing China Inc. established as a Chinese

subsidiary

May

Cross Marketing Group Inc. established and transferred to

holding company system

Jun

Acquired shares in Markelytics Solutions Private Limited

and MedePanel Online Inc.

Aug

Relocated the headquarters in Shinjuku-ku

(Tokyo Opera City Tower)

May

Acquired shares in KADENCE International Business

Research Pte. Ltd

Nov

Acquired Research & Development, Inc. as a consolidated

subsidiary

Feb

Cross Communication established a subsidiary,

Cross Propworks in Hakodate, Hokkaido

Apr

Medilead, Inc. established, D&M, Inc. established Jul

Listed on the Mothers Section of the Tokyo Stock Exchange Oct

2003

2004

2006

2008

2011

2012

2013

Cross Marketing (Thailand) Co., Ltd established（Kadence

International [Thailand] Co., Ltd.)

Cross Marketing Thailand acquires share of Jupiter MR

Solution (Thailand)

Aug

Cross Communication acquired whole share of JIN

SOFTWARE Inc. (Currently, Cross J Tech)

Sep

Acquired whole share of Mixi Research Inc. and started the

business as “Shopper’s Eye, Inc.”

Apr

Listed to the first section of Tokyo Stock Exchange Mar

2014 2015

2016

2018

Cross Ventures Inc. established Apr

Cross Communication acquired whole share of Supotant

Co., Ltd.

Oct

2014

2019 Supotant and Cross J Tech merged and change its trade

name to Fittio Inc.

Nov

07 Reference

Materials


Cautionary Statement regarding the Material

Cross Marketing Group does not guarantee the accuracy of the information contained

in this presentation, which reflects judgments made by Cross Marketing Group

management based on currently available information.

Given that the business environment may vary significantly in the future due to a

number of factors, please be aware that the performance and results in this

presentation may differ from Cross Marketing Group ’s actual performance and results.

Cross Marketing Group Inc.

https://www.cm-group.co.jp

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For inquiries regarding one information contained in this presentation:

Cross Marketing Group Corporate Planning Unit

E-mail：[email protected]

Documents

nd Quarter of FY2020 Financial Results...Digital Marketing By Utilizing External Tools Construct Internet Research Platform by Investing in Systems Data ... (500) 0 500 1,000 1,500