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2022೥݄̒ ߋ৽ Fez Inc. גࣜձࣾϑΣζ ձࣾ঺հࢿྉ

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FEZ Inc. All rights Reserved. ໨࣍ - ձࣾ֓ཁ - ਺ࣈͰձࣾΛ஌Δ - ϑΣζΒ͠͞Λ஌Δ - ಇ͘؀ڥΛ஌Δ

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FEZ Inc. All rights Reserved. ձࣾ֓ཁ 3

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ձ໊ࣾ גࣜձࣾϑΣζ ୅දऀ ҏ୮ॱฏ ઃཱ 2015೥12݄3೔ʢ૑ۀ7ظ໨ʣ ैۀһ਺ 136໊ʢ2022೥5݄ݱࡏʣ ຊళॴࡏ஍ ౦ژ౎ઍ୅ా۠ਆాࠠ԰ொ15൪஍ άϥϯϑΝʔετਆాࠠ԰ொ3F ࣄۀ಺༰ ϦςʔϧςοΫࣄۀʢϦςʔϧۀքͷ 
 σδλϧτϥϯεϑΥʔϝʔγϣϯʹ 
 ؔ࿈͢Δࣄۀʣ౳ Company

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FEZ Inc. All rights Reserved. Ԋֵ 5 ࣾһͷ࠾༻։࢝ 2 7 22 25 30 38 41 56 63 92 118 120 ୈ1ճΦϑΟεҠస ʢto੨ࢁʣ UrumoϦϦʔε 5cu άϧʔϓձࣾԽ ૯ֹ໿11.5ԯԁͷ ࢿۚௐୡ࣮ࢪ ୈ2ճΦϑΟεҠస ʢtoਆాʣ ϥ΢ϯμʔϓϥοτ ϑΥʔϜఏڙ։࢝ Urumo PrivProɽ ఏڙ։࢝ άϧʔϓձࣾ ετΞΪʔΫઃཱ

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FEZ Inc. All rights Reserved. ϑΣζͷ໊ࣾͷ༝དྷ ݪ఺Λେ੾ʹɺ೔ຊ͔ΒӋ͹ͨ͜͏ ࠐΊΒΕͨ3ͭͷ૝͍ ● ࣗ෼ͷݪ఺Λେ੾ʹ ● ೔ຊ͔Βੈք΁Ӌ͹ͨ͜͏ ● ୭͔ͷݪ఺ͱͳΔମݧΛ͜ͷձࣾͰఏڙ͍ͨ͠ ҏ୮͞Μͷग़਎஍Ͱ͋ΔԬࢁݝͷݝௗͰ΋͋Γ೔ຊͷࠃௗͰ΋͋ΔʮΩδʯͷӳޠ໊ʮpheasantʯ ͔͜͜ΒʮϑΣζʯ͕஀ੜ͠·ͨ͠ɻ ϩΰ΋͜Ε·Ͱʹ3ճมΘΓ·ͨ͠ɻ ݱࡏͷϩΰʹࠐΊΒΕͨ૝͍͸ίʔϙϨʔταΠτ͔Βʂ 6

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FEZ Inc. All rights Reserved. ਺ࣈͰձࣾΛ஌Δ 7

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FEZ Inc. All rights Reserved. 22% ैۀһ਺ͱߏ੒ൺ཰ 8 67% 33% உঁൺ உঁൺ͸໿2:1 ฏۉ೥ྸ33.2ࡀ ߏ੒ൺ཰ ೥ྸൺ உੑ ঁੑ 20୅ 30୅ 40୅ʙ 35% 43% ※2022೥5݄1೔࣌఺ɻ໾һ5໊ɾύʔτΞϧόΠτ17໊আ͘ɺ5CU7ؚ໊Ή ※ ౷߹S&Sຊ෦ 34.1% ࣾһ਺ 126໊ ※άϧʔϓձؚࣾΉ ։ൃຊ෦ 20.6% DM෦ 12.7% ίʔϙϨʔτຊ෦ ʴܦӦاը ʴCFO௚Լ 11.9% ϦςʔϧDX෦ 7.9% 5CU 5.6% 43໊ 26໊ 16໊ 15໊ 10໊ 9໊ 7໊ ࣾ௕ࣨʴਓࣄʴ ޿ใ 7.1%

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FEZ Inc. All rights Reserved. ύύɾϚϚൺ཰ɾҭٳऔಘ཰ɾऔಘޙ෮ؼ཰ 9 Ӧۀ 30% ։ൃ 30% ։ൃ 30% ։ൃ 30% ࣾһͷ໿3ਓʹ1ਓ͸ύύϚϚʂ ҭٳऔಘ཰ ύύϚϚࣾһ 43໊ (32.6%) 9ˋ औಘޙ෮ؼ཰ 100ˋ 132໊த (໾һɾ5CUؚΉ) 4/43໊த (໾һؚΉ) 4/4໊ (໾һؚΉ)

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FEZ Inc. All rights Reserved. ϑΣζΒ͠͞Λ஌Δ 10

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FEZ Inc. All rights Reserved. ValueʢVision࣮ݱʹ޲͚ͯϑΣζͷશ໾৬һʹٻΊΒΕΔߦಈࢦ਑ʣ 11 ٯࢉͯ͠ɺ΍Γൈ͘ɻ ຊ࣭తՁ஋ʹϑΥʔΧε͢Δ ɾݱ৔৘ใʹॏ͖Λஔ͖ɺҰ࣍৘ใ(Fact)ΛऔΓʹ͍͜͏ ɾҼՌؔ܎Λ੔ཧ͠ɺৗʹԾઆࢥߟͰ՝୊ղܾʹഭΖ͏ ɾߏ଄Խ͞Εͨ(୭͕ݟͯ΋෼͔Δ)γϯϓϧͳՁ஋Λఏڙ͠Α͏ ຊ࣭ओٛ ໨త஍ͱϧʔτΛηοτͯ͠ਐΊ ɾݱঢ়ͱ໨ඪΛ໌֬ʹ͠Α͏ ɾಁ໌ੑߴ͘ϓϩηεΛݟ͑ΔԽ͠Α͏ ɾ໾ׂͱ੹೚Λ໌֬ʹ͠ɺҰͭҰͭ׬਱͍ͤͯ͜͞͏ ϚΠϧετʔϯओٛ DONEʂDONEʂΑ͘͢Δʂ ɾ70%ͷग़དྷΛ໨ࢦ͢ͱ͜Ζ͔Β࠷଎ͰऔΓֻ͔Ζ͏ ɾৼΓฦΓͱͱ΋ʹΰʔϧ౸ୡ΁ͷੜ࢈ੑΛߴΊଓ͚Α͏ ɾ࠷ޙ͸ɺඞͣ۩ମͷΞ΢τϓοτΛग़ͦ͏ ߴ଎վળओٛ

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FEZ Inc. All rights Reserved. Co-valueʢValueΛ࠷େݶʹൃش͢ΔͨΊʹ૊৫ͱͯ͠େ੾ʹ͢ΔՁ஋؍ʣ 12 ϦεϖΫτ͸ ߦಈͰࣔ͢ ऑΈΛݟͤ͋͏ ϑΟʔυόοΫΛ ଃΓ͋͏

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FEZ Inc. All rights Reserved. Co-value 13 ϑΟʔυόοΫ͸ʮଃΓ෺ʯɻ૬खͷ͜ͱΛਅ伨ʹߟ͑ଃΔ࠷ߴͷΪϑτͰ͢ɻ ͳͥͳΒɺϑΟʔυόοΫͦ͜ɺݸਓɾձࣾʹͱͬͯ੒௕ʹܨ͕ΔҰ൪ͷۙಓͩͱ৴͍ͯ͡Δ͔ΒͰ͢ɻ ϑΣζ͸৺ΛࠐΊͨϑΟʔυόοΫΛͨ͘͞ΜଃΓ͍͋ɺ੒௕ͷػձΛ਺ଟ͘࡞Γɺ ͋Γ͕ͱ͏ͷײँʹຬͪͨ૊৫Ͱ͋Γଓ͚·͢ɻ ૊৫ɾਓͷྗͰඈ༂తͳ੒௕Λ໨ࢦ͢ϑΣζʹͱͬͯɺ஥ؒ΁ͷϦεϖΫτ͸େݪଇͱͳΔՁ஋؍Ͱ͢ɻ ϦεϖΫτ͸ɺ૝͍ʹͱͲΊΔ͜ͱͳ͘ɺ೔ʑͷߦಈͰࣔ͢͜ͱͰॳΊͯ૬खʹ఻ΘΓ·͢ɻ ཰ઌ͢Δ஥ؒɺن཯ΛकΔ஥ؒΛଚॏ͢Δ͜ͱɺ֤ϝϯόʔ͕࣋ͭଟ༷ͳϛογϣϯ΍ݸੑΛཧղ͢Δ͜ ͱͰɺ৴པΛҭΜͰ͍͖·͢ɻங্͖͛ͨ৴པؔ܎͸ɺҰਓҰਓͷʮ੒ՌʯΛޙԡ͢͠Δ࠷େͷαϙʔτ ͱͳΓ·͢ɻ զʑ͸ɺνʔϜ΍ݸਓͷʮऑΈʯ΍ʮͰ͖ͳ͍͜ͱʯΛૉ௚ʹ͞Β͚ग़͢Φʔϓϯͳ૊৫Λ໨ࢦ͠·͢ɻ ϕϯνϟʔͷࢲ͕ͨͪ৐Γӽ͍͑ͨน͸͍ͭ΋ߴ͍ɻ ͔ͩΒͦ͜ࢥ͏Α͏ʹ෺ࣄ͕ਐ·ͳ͍͜ͱͷ࿈ଓ͔΋͠Ε·ͤΜɻ ͦΜͳ࣌ɺऑΈΛݟͤ͋͏͜ͱͰɺ૊৫ͱͯ͠ิ׬͢΂͖Օॴͱɺݸਓͷ੒௕͢΂͖Օॴ͕ݟ͖͑ͯ·͢ɻ ऑΈΛݟͤ͋͏͜ͱ͸ܾͯ͠༰қͰ͸ͳ͍͔Βͦ͜ɺϑΣζ͕େ੾ʹ͢Δ΂͖Ձ஋؍Ͱ͢ɻ ϦεϖΫτ͸ ߦಈͰࣔ͢ ऑΈΛݟͤ͋͏ ϑΟʔυόοΫΛ ଃΓ͋͏

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FEZ Inc. All rights Reserved. ಇ͘؀ڥΛ஌Δ 14

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FEZ Inc. All rights Reserved. ಇ͘؀ڥΛ஌Δ ۈ຿࣌ؒɿϑϧϑϨοΫε ٳ೔ٳՋɿ׬શिٳ2೔੍ʢ౔༵ɾ೔༵ʣ ॕ೔ɺ ՆظٳՋʢ7݄1೔ʙ9݄຤·Ͱͷظؒʹ4೔ؒʣ ೥຤೥࢝ٳՋʢ࠷େ7೔ؒɺΧϨϯμʔʹΑΓมಈʣ ɹɹɹɹɹ೥࣍༗څٳՋʢೖ݄ࣾʹԠͯ͡ೖࣾ೔ʹ෇༩ɺ࠷େ10೔ؒʣɺܚீٳՋͳͲ ֤छอݥɿ݈߁อݥɺޏ༻อݥɺ࿑ࡂอݥɺްੜ೥ۚอݥ ༷ʑͳߦࣄɿશࣾΩοΫΦϑʢ೥ҰճʣɺQBR 15 ※άϧʔϓձࣾ͸আ͘ɻ

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FEZ Inc. All rights Reserved. ಇ͘؀ڥΛ஌Δ 16 ● ࣌୹ۈ຿੍౓ ● ϑϨοΫε੍౓ ● ϦϞʔτϫʔΫ ● ूதεϖʔε׬උ ● PCબ୒(Windws or Mac) ● ॻ੶ߪೖ੍౓(ਃ੥͕डཧ͞ΕΕ͹ߪ ೖ͠์୊) ● ֎෦ษڧձ ● ܚீݟ෣ۚ ● ग़࢈ॕ͍ۚ ● ҭٳ/࢈ٳ੍౓ ಇ͖΍͢͞ εΩϧΞοϓ ֤छڅ෇ۚɾҭࣇαϙʔτ ෱རްੜ ※άϧʔϓձࣾ͸আ͘ɻ

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FEZ Inc. All rights Reserved. ʮ࣍ੈ୅ҭ੒ࢧԉରࡦਪਐ๏ʯٴͼʮঁੑ׆༂ਪਐ๏ʯ΁ͷऔΓ૊Έ 17 ʮ࣍ੈ୅ҭ੒ࢧԉରࡦਪਐ๏ʯٴͼʮঁੑ׆༂ਪਐ๏ʯʹجͮ͘ҰൠࣄۀओߦಈܭըΛࡦఆ͠ɺߦಈܭը ʹج͖ͮɺੑผ΍ϥΠϑεςʔδΛ໰ΘͣɺϑΣζͷैۀһ͕ಇ͖΍͍͢؀ڥͷ੔උΛ໨ࢦ͍ͯ͠·͢ɻ גࣜձࣾϑΣζߦಈܭը ࣾһ͕ͦͷೳྗΛൃش͠ɺ࢓ࣄͱੜ׆ͷௐ࿨ΛਤΓಇ͖΍͍͢ޏ༻؀ڥͷ੔උΛߦ͏ͨΊɺ࣍ͷΑ ͏ʹߦಈܭըΛࡦఆ͢Δɻ ̍ɽܭըظؒ ྩ࿨ 2 ೥ 12 ݄ 1 ೔ʙྩ࿨ 4 ೥ 12 ݄ 1 ೔·Ͱͷ 2 ೥ؒ ̎ɽ಺༰ ໨ඪ̍ɿྩ࿨ 4 ೥ 12 ݄·ͰʹɺࢠͲ΋ͷग़ੜ࣌ʹ෕਌͕औಘͰ͖ΔٳՋ੍౓Λ ࣮ࢪ͢Δɻ <ରࡦ> ●ྩ࿨ 2 ೥ 12 ݄ʙ ੍౓ͷެදɺࣾһ΁ͷप஌ ●ྩ࿨ 3 ೥౓ʙ ੍౓࣮ࢪ ໨ඪ̎ɿྩ࿨ 4 ೥ 12 ݄·Ͱʹɺঁੑ؅ཧ৬Λ 1 ໊Ҏ্࠾༻·ͨ͸ঢ֨͢Δɻ <ରࡦ> ●ྩ࿨ 2 ೥ 10 ݄ʙ ঁੑ࠾༻ͷڧԽ ●ྩ࿨ 3 ೥ 10 ݄ʙ ؅ཧ৬޲͚ݚमͷ࣮ࢪ ໨ඪ̏ɿฐࣾ࿑ಇऀ͝Ո଒Λର৅ʹɺձࣾݟֶ͕Ͱ͖ΔʮFamilyDayʯΛ࣮ࢪ͢Δɻ <ରࡦ> ●ྩ࿨ 2 ೥ 10 ݄ʙ ड͚ೖΕํ๏΍ମ੍ʹ͍ͭͯͷݕ౼ ●ྩ࿨ 2 ೥ 12 ݄ʙ શࣾूձ౳ʹΑΔࣾһ΁ͷप஌ ●ྩ࿨ 3 ೥ 9 ݄ʙ FamilyDay ͷ࣮ࢪɺ࣍ճʹ޲͚ͯͷݕ౼ 20210201 ެද גࣜձࣾϑΣζߦಈܭը ࣾһ͕ͦͷೳྗΛൃش͠ɺ࢓ࣄͱੜ׆ͷௐ࿨ΛਤΓಇ͖΍͍͢ޏ༻؀ڥͷ੔උΛߦ͏ͨΊɺ࣍ͷΑ ͏ʹߦಈܭըΛࡦఆ͢Δɻ ̍ɽܭըظؒ ྩ࿨ 2 ೥ 12 ݄ 1 ೔ʙྩ࿨ 4 ೥ 12 ݄ 1 ೔·Ͱͷ 2 ೥ؒ ̎ɽ಺༰ ໨ඪ̍ɿܭըظؒ಺ͷঁੑͷҭࣇٳۀऔಘ80%Ҏ্Λ໨ࢦ͢ɻ <ରࡦ> ●આ໌จॻ࡞੒ɺϚχϡΞϧ࡞੒ ●೛৷ / ग़࢈ʹ͍ͭͯͷ૬ஊ͕1on1Ͱ্࢘ͱߦΘΕΔΑ͏ʹ͠ɺҭٳͷ૬ஊ͕͠΍͍͢؀ڥΛ࡞Δ ໨ඪ̎ɿখֶߍबֶલͷࢠΛ࣋ͭࣾһ͕ɺر๬͢Δ৔߹ʹར༻Ͱ͖Δ୹࣌ؒۈ຿੍౓ͷ આ໌Λߦ͍ɺશࣾһ͕஌͓ͬͯΓɺࣗΒબ୒Ͱ͖Δঢ়ଶΛ໨ࢦ͢ɻ <ରࡦ> ●୹࣌ؒۈ຿੍౓ͷࣾһ΁ͷप஌ͱຖ݄ͷΦϯϘʔσΟϯάʹઆ໌࣌ؒΛઃ͚Δ ໨ඪ̏ɿྩ࿨ 4 ೥ 12 ݄·Ͱʹɺঁੑ؅ཧ৬Λ 1 ໊Ҏ্࠾༻·ͨ͸ঢ֨͢Δɻ <ରࡦ> ●ঁੑ࠾༻ͷڧԽ ●؅ཧ৬޲͚ݚमͷ࣮ࢪ

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FEZ Inc. All rights Reserved. ΦϑΟεʢ౦ژʣ 18

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FEZ Inc. All rights Reserved. ΦϑΟεʢౡࠜʣ 19

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FEZ Inc. All rights Reserved. શࣾΩοΫΦϑɺQBRͷ༷ࢠ 20

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FEZ Inc. All rights Reserved. ෦׆ಈͷ༷ࢠ 21