Z Holdings Corporation
– Integrated Report

Unleashing the infinite potential of all people,
with the power of information technology

• Total No. of Users in Japan Over300million^*1
• No. of Consolidated Subsidiaries 133^*2
• No. of Employees 23,705^*3

• *1 Total number of Z Holdings’ main consolidated services, including Yahoo! JAPAN annual login IDs, LINE monthly users, and PayPay registered users.
• *2 As of September 30, 2022
• *3 As of March 31, 2022

Medium-to Long-term Management Index

• FY2023 Revenue Achieve JPY 2 T
• FY2023 Adjusted EBITDA^* Achieve JPY 390 B

• * Adjusted EBITDA: Operating income + Depreciation & amortization ± EBITDA adjustment items
  EBITDA adjustment items: Gains/losses on non-recurring and non-cash transactions within operating revenue and expenses (loss on retirement of fixed assets, impairment losses, stock compensation expenses, losses/gains on step acquisition, other transactions with undetermined cash outflows (one-time provisions, etc.), etc.)