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Corporate profile presentation

Core Capital Consulting KK

2013 June

A Distinguished Global business solution partner connecting you through Asia

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1.Company Overview: Profile

2. CCC’s Methodology

3. CCC’s Value positioning

4. Accounting and Financial Reporting Services

5. Human Capital Management & Recruitment Services

6. Appendix Contact details

CONTENTS

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Why our clients work with us: Core Capital Consulting places a strong emphasis on providing exemplary customer service. Furthermore, our size allows us to have a hands on approach, while providing fast, efficient and result driven work. We have extensive industry knowledge and experience working in Japan and can offer innovative ideas and solutions that are tailored to meet the goals and objectives of our clients.

Core Capital Consulting is a provider of business solutions and services that support businesses in all phases of growth and development.

Who We Are

Our Clients

We work with both mid to large size companies, which include foreign multinational companies operating in Japan as well as Japanese domestic companies.

CCC has more than a decade of experience in Japan (est. 2010). Our team is comprised of over 4 staff members and represents a multi-lingual and multi-cultural mix, which is a key asset to many of our foreign and domestic clients

Financial Management

• Strategic ▪ Finance Function Audit and Optimization ▪ Business Continuity Planning ▪ IPO consulting ▪ Acquisition / Alliance Due Diligence ▪ Policy and Procedure Development ▪ Managerial accounting and decision making supports

• Tactical ▪ Interim Financial Management ▪ General Accounting Services ▪ Inventory Management ▪ Interfacing with Japanese government offices

Human Capital Management

• Strategic ▪ Organizational Planning ▪ Compensation Planning ▪ Business Transformation Planning ▪ Shared Service Development ▪ Change Management

• Tactical ▪ Payroll & Benefits administration ▪ HR Audits ▪ Employee Assessment / Surveys ▪ Human Resource Management ▪ Interfacing with Japanese government offices

1. CORE CAPITAL CONSULTING’S COMPANY OVERVIEW

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One to one interviews to understand better of the current concerns and  operational  appropriateness  of  client’s

Examination  /  analysis  of  client’s  current  internal  regulations. Desk research and analysis

Control deficiency Optimized control

Control obsessed

Maximized Value

Control

Value

….thus  increasing  the  confidence  that  the  organisation  will achieve its business objectives

CCC’  value  proposition  is to assist the business In establishing the right balance of risk and control

2. CORE CAPITAL CONSULTING’S METHODOLOGY

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Interviews Examination & Analysis

Desk Research

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How valued are the services provided by CCC? What other services should CCC provide to meet your business needs?

Advisory on resources

management

BPO Process Improvement

Internal control over

Financial reporting

Post Implementation

Reviews through ongoing

monitoring

Transparent cash

management

Structuring of

organization

Process redesign-

Challenger role

Information Technology

based systems control review

3. CORE CAPITAL CONSULTING’S VALUE POSITIONING

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4. Accounting and financial Reporting Services

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Service Service Description CCC Standard Services Include Bookkeeping Collation and booking of

client vouchers under client accounting policies into a system of choice. (e.g. SAP, Oracle, Great Plains, Microsoft Navision, Hyperion, PeopleSoft)

1. Document business requirements as communicated by the Client. 2. Manage accounting content and adjustment process. 3. Review of Accounting guidelines (e.g. depreciation methods) 4. Receive and input information in a format predefined by CCC. 5. Respond to any governmental or jurisdictional updates to and

statutory reporting (e.g. tax audit).

Reporting Creation of required reports in client predetermined format. Standard reports are the BS/PL.

1. Document business requirements as communicated by the Client. 2. Review required templates 3. Report on agreed upon deadlines

Tax Statutory filings of

corporate, inhabitant, fixed asset and other governmental tax filings via affiliated tax firm (e.g. Tokyo Zeikei Center)

1. Document business requirements as communicated by the Client. 2. Adjust to J-GAAP requirements for tax 3. Prepare all required tax returns by required deadlines / optimize

tax position 4. In conjunction with accounting process, make required payments

Data Integration Upload of GL files into predetermined formats into any global ERP system to avoid double entry

1. Document business requirements as communicated by the Client. 2. Receive information upload template requirements from Client 3. Requirements Definition, Macro / Script Generation, (e.g. CSV

format), Testing, UAT, Launch 4. Ongoing Maintenance of tool

4.1 ACCOUNTING SERVICES -1

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•Source data •Vendor data •A/P data •HR data •A/R data •Intercompany data

CCC Client

PROCESSING • Accounting Solutions delivered by

CCC Specialist • Local statutory compliance

reporting and financial reporting • Physical, technical security

secured • Payroll data retrieval

OUTBOUND • Company

summary report • account reports • Management

reports • Data Upload Files

(e.g. CSV)

• Physical and Digital Storage

INBOUND

Pre-Process Accounting Post-Process Checks Process Review

4.2 ACCOUNTING PROCESS OWNERSHIP

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5. Human Capital Management Services – Recruitment / Payroll / Benefits

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CCC 5.1 RECRUITMENT SERVICES

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Client Consultation

Develop Recruitment Strategy

Candidate Sourcing

CCC Interviews and Assessments

Client Interviews and Assessments

Process

Offer negotiation and Hiring

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Service Service Description CCC Standard Services Include Payroll Data Management

Collation and application of individual employee's payroll data and transactions via electronic and/or hard copy input.

1. Document business requirements as communicated by the Client. 2. Manage payroll content and adjustment process. 3. Receive and load payroll information in a format predefined by

CCC. 4. Respond to any governmental or jurisdictional updates to payroll.

Mass Data Payroll Administration

Collection and application of generic change data to be applied to the specified group of employees.

1. Define valid field values for each related transaction. 2. Provide standard data loading templates. 3. Establish scheduled mass data collection upload.

Payroll Reporting Predefined reports that can be scheduled to run periodically in accordance with contractual and service level agreements.

1. Define standard report requirements. 2. Develop reports definitions. 3. Generate standard and statutory reports as per agreement. 4. Distribute reports as appropriate.

Wage Recovery Service

The process applies to the client policy of recovering overpaid wages through various collection means.

1. Recomputed the paid out wage with the notification from client.

5.2 PAYROLL SERVICES CONCEPT AND STANDARD REQUIREMENT -1

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Service Service Description CCC Standard Services Include Regular Cycle Payroll Processing

Payroll processing and reports will be provided in accordance with contract agreement and service level agreements.

1. Document all payroll processes and procedures as communicated by the Client.

2. Maintain and audit all earnings codes, calculation and taxability rules on system.

3. Maintain deduction codes, eligibility rules and taxability rules (pre or post tax) on system.

4. Calculate premium rate of pay retroactively. 5. Process special payment tax gross up. 6. Calculate and process special payments (including taxation) per policy. 7. Apply periodic statutory and tax rates in accordance to legislation. 8. Establish and maintain hours codes, overtime hours and pay rules in

accordance with policy and legislation. 9. Establish and maintain accumulators. 10. Define payroll processing calendars. 11. Run on-cycle payrolls, validate pre-calculation payrolls, perform data

correction, reconcile and balance payroll. 12. Produce standard payroll reports, create BPO files and statutory reports.

Off-Cycle Payroll Processing

Operational and systemic activities necessary to perform gross-to-net calculations on other than a regular periodic schedule.

1. Run off-cycle payrolls, validate pre-calculation payrolls, perform data correction, reconcile and balance payroll.

2. Produce standard off-cycle payroll reports and create BPO files

5.3 PAYROLL SERVICES CONCEPT AND STANDARD REQUIREMENT -2

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Service Service Description CCC Standard Services Include Filing of Periodic Statutory Payroll Returns

This process provides for official returns that are filed in compliance with payroll regulations. These outputs are formal documents that report payroll wages, withholdings and/or liabilities statements and are required to be filed with regulatory agencies.

1. Prepare tax and appropriate returns and other statutory forms and reports.

Filing of Year End Statutory Payroll Returns

This process provides for official returns that are filed in compliance with payroll regulations. These outputs are formal documents that report payroll wages, withholdings and/or liabilities statements and are required to be filed with regulatory agencies.

1. Administer accumulate tax, pension and social securities. 2. Process wage and tax adjustments as appropriate and needed. 3. Prepare individual annual tax and earnings statements where

applicable. 4. Support research and inquiries from statutory or regulatory bodies.

Management of Accounting

This process provides for the management of unclaimed wages, balance sheet reconciliation and the preparation and submission of journal entries.

1. Produce GL extract / GL interface reports.

BPO Services

The BPO services process delivers bank account reconciliation and uncashed check/abandoned property administration.

1. Develop the Bank file as per specification provided by client. 2. Withhold payment as per instructed by client or based on

legislation requirement. 3. Generate bank file after signing off of payroll. 4. Reconcile the total amount with the payroll result.

5.4 PAYROLL SERVICES CONCEPT AND STANDARD REQUIREMENT -3

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Examples

Provide benefits services and effectively manage and monitor total benefits spend

Benefits Solutions

Consolidate multi-location, multi-processing for reporting and operations, while ensuring local compliance.

Payroll Administration

Ensure recruitment and employment via efficient processes while improving speed and quality of hires.

Rules of Employment

Reduce operating costs by streamlining HR and payroll data. Automating all data flow and delivery.

HR Solutions

Ensure compliance with local statutory and income tax. HR Processes Social Insurance

Processes

Improve and manage HR expenses

Increases operational efficiencies

Provides workforce intelligence

Drives critical resources strategy

A concentrated commitment to re-engineering policies, processes and supporting technologies

5.5 HUMAN CAPITAL MANAGEMENT & ADMINISTRATION

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Definition of Salary Rules

Monthly Payroll

Filing of documents

Inquiry from Employees

Overtime/Holiday Calculation

Output and Correction of Input Data

Employee Master Data Control

Fixed Payroll Data Change

Variable Payroll Data Input

Payroll Calculation Check

Preparation and distribution of pay slips (e-pay slip)

Journal entry data

Annual Tasks

Preparation and Distribution of Salary Report to Cities

Preparation and Distribution of Withholding Income Tax Certificate

Input data to system

Inquiring to Employees for input

Reminder to Employees in case of no submission

Collections of Declaration Forms and other documents

Answering inquires from Employees

Distribution of Declaration Forms to Employees

Update Year End Tax Adjustment Information

Social Insurance Annual Report and Salary Change Report

Labor Insurance Annual Report

Inhabitant Tax

Distribution to Employees

Enclosing notifications in pay slips

Input of new/ changed Amounts to system

Inquires to Cities

Receiving and filing of Notifications from Cities

Monthly Payroll

Definition of Salary Rules

Filing of documents

Inquiry from Employees

Overtime/Holiday Calculation

Output and Correction of Input Data

Employee Master Data Control

Fixed Payroll Data Change

Payroll Calculation Check

Preparation and distribution of pay slips (e-pay slip)

Journal entry data

Variable Payroll Data Input

Annual Tasks

Preparation and Distribution of Salary Report to Cities

Preparation and Distribution of Withholding Income Tax Certificate

Input data to system

Inquiring to Employees for input

Reminder to Employees in case of no submission

Collections of Declaration Forms and other documents

Answering inquires from Employees

Distribution of Declaration Forms to Employees

Update Year End Tax Adjustment Information

Social Insurance Annual Report and Salary Change Report

Labor Insurance Annual Report

Inhabitant Tax

Distribution to Employees

Enclosing notifications in pay slips

Inquires to Cities

Receiving and filing of Notifications from Cities

After Transformation

Input of new/ changed Amounts to system

Bureaucratic Lean

Goal

5.6 PAYROLL PROCESS IMPROVEMENTS

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Statutory Reports and Lodgments

•Monthly Withholding Tax

•Withholding Tax Certificate

•Summary  Report  of  Employee’s  Income

•Withholding Tax Certification Slip for Resident Tax

•Payment of Resident Tax

•Geppen & Santei for Pension Plan & National Health Insurance

•Labor Insurance Estimate & Final Insurance Premium Filing Report

•Annual Update for Unemployment Insurance

5.7PAYROLL RELATED STATUTORY FILING AND LODGMENT SERVICES

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CCC Client Legend

1.0 Payroll input/Submission 2.0 Payroll Processing

3.0 Payroll reporting 4.0 Payroll Payment

Enter NEW Employees (via movement input file)

Submit PAYROLL Movements

(via movement input file)

Send LARGE FILE Submission

(via movement input file)

Enter TERMINATED Employees

(via movement input file)

Send SERVICE REQUEST

(via movement input file)

Submit OTHER Instructions

via email

PROCESS & CHECK

Control Totals

FINAL SIGN-OFF Senior

Consultant

CLIENT VERIFY & SIGN OFF

EMAIL Client

Receive Monthly REPORTS via email

Administrator View/ Download

Reports

Submit BPO – Employees’  salary

disbursement

by Client Sign Off Deadline

by Processing Deadline

by Movement Deadline

Submit Social Ins. Lodgment

by BPO Deadline

Bank, Social Ins. & Tax Listing

Emergency Processing?*

* Additional Charges Apply

Send PAYSLIPS Employees VIEW/PRINT

PAYSLIPS

by Payment Deadline ( end of month )

Submit Withholding & Inhabitant Tax

Lodgment

by Payment Deadline ( 10th in next month )

5.8 PAYROLL PROCESSING WORKFLOW

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6. Appendix contact details

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CCC 代表取締役 CEO

ソン ウンジョン

孫 恩貞 〒108-0014東京都港区芝5-19-7-403ハイベール三田

有料職業紹介事業 許可番号13-ユ-305015

代表電話 (03)6229-3864 ファックス(03)6229-3867

携帯電話（080）3245-9584 corecapital.consulting@gmail.com

ceo@corecapitalconsulting.com www.corecapitalconsulting.com

CORE CAPITAL CONSULTING コアキャピタル・コンサルティング株式会社

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Representative Director/ CEO Certified US CPA/ Certified Compliance Officer

Unjon Son

5-19-7-403,Shiba,Minatoku,Tokyo P/O#108-0014, Japan Recruitment License # 13-yu-305015

TEL:81- (3)6435-2515 FAX:81-(3)6435-2516

Cell Phone:81-80-3245-9584 corecapital.consulting@gmail.com

ceo@corecapitalconsulting.com www.corecapitalconsulting.com

CORE CAPITAL CONSULTING コアキャピタル・コンサルティング株式会社

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Personnel in charge of clients services deliveries

• Minato International Law Firm

• Tanaka CPA’s Firm

• Ito CPA’s Firm

• Nakajima Sharoshi’s Office

• Core Capital Consulting KK

Accounting

Consulting

IPO

Payroll & Social

Administration

Commercial Registration

Tax

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CCC’s Affiliated Professional Firms

Group Companies:

Core Capital Consulting KK Tabitabi KK Core Capital West Japan GK in Osaka

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Affiliated Professional Firms:

Shinhan  Korean  CPA’s  Firm  in  Seoul Tax firm Tokyo Zeikei Center Acacia  CPA’s  Firm Ito  CPA’s  Firm Tanaka  CPA’s  Firm Nakajima  Sharoshi’s  Office Quest  Partners  Sharoshi’s  Firm Yamada  Attorney’s  Law  Office Minato International Law Firm Koyama  Legal  Scrivener’s  Office

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CCC’s clients

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CORE CAPITAL CONSULTING コアキャピタル・コンサルティング株式会社

NEXT GROWTH SUPPORTED BY

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