|Maxim Group||Nehal Chokshi|
|Marusan Securities||Toru Kobori|
FRONTEO Inc. is followed by the analyst(s) listed above. Please note that any opinions, estimates or forecasts regarding FRONTEO Inc.’s performance made by these analysts are theirs alone and do not represent opinions, forecasts or predictions of FRONTEO Inc. or its management. FRONTEO Inc. does not by its reference above or distribution imply its endorsement of or concurrence with such information, conclusions or recommendations.