Period ended 30 Jun 17 Hotel business 956 990 (34) -3.5% 2,320 2,314 6 0.3% Education business 82 80 2 2.5% 203 215 (12) -5.6% Others 87 14 73 572.3% 301 65 236 361.5% Total revenue 1,125 1,084 41 3.9

% 967 1,984 -1,017 -51.3% Education business 57 78 -21 -26.9% 165 195 -30 -15.4% Food business 17 121 -104 -86.0% 132 212 -80 -37.7% Others 250 257 -7 -2.7% 382 304 78 25.7% Total revenue 424 1,269 -845

1,171 -296 -25.3% Education business 108 118 -10 -8.5% Food business 116 90 26 28.9% Others 163 46 117 254.3% Total revenue 1,262 1,425 -163 -11.4% EBITDA 241 222 19 8.6% EBIT 39 107 -68 -63.6% Net profit

throughout the period except for those of similar activities. 2. Further education (UNOFFICIAL TRANSLATION) 2.1 Certified Investment and Securities Analyst (CISA) or the Chartered Financial Analyst (CFA

expiration of approval term. Session hours can be accumulated throughout the period except for those of similar activities. 2. Further education (UNOFFICIAL TRANSLATION) 2.1 Certified Investment and Securities

of the skills and knowledge in relation to the performance of duty as investor contact using three criteria being 1. Participation in activities accepted by the Office, 2. Further education and 3

skills and knowledge in relation to the performance of duty as investor contact using three criteria being 1. Participation in activities accepted by the Office, 2. Further education and 3. Maintenance of

3 1 August, 2 0 1 7 considered and approved the disposition of the subsidiary is engaged in education related business. As a result, operating results for the three months ended the first quarter

(Translation) No.Tor.For. 24/2018 21 December 2018 Subject : To sell common shares of Waseda Education (Thailand) Company Limited to connected person. Attention : The President of the Stock Exchange

represents decreasing of 6 Million Baht (122%) from Q3/2017. The main cause for the lower net profit are occurred from increasing of selling and administration expenses, and loss on foreign exchange rates