This announcement contains forward-looking statements within the
meaning of Section 21E of the U.S. Securities Exchange Act of 1934, as
amended. These forward-looking statements are made under the "safe
harbor" provisions of the U.S. Private Securities Litigation Reform
Act of 1995. These statements can be identified by terminology such as
"will," "expects," "anticipates," "future," "intends," "plans,"
"believes," "estimates," "potential," "continue," "ongoing,"
"targets," "guidance" and similar statements. CTW may also make
written or oral forward-looking statements in its periodic reports to
the U.S. Securities and Exchange Commission (the "SEC"), in its annual
report to shareholders, in press releases and other written materials
and in oral statements made by its officers, directors or employees to
third parties. Any statements that are not historical facts, including
statements about CTW's beliefs and expectations, are forward-looking
statements. Forward-looking statements involve inherent risks and
uncertainties. A number of factors could cause actual results to
differ materially from those contained in any forward-looking
statement, including but not limited to the following: CTW's growth
strategies; its future business development, results of operations and
financial condition; its ability to distribute successful and engaging
games with high "playability" on its platform; its ability to
efficiently attract and retain end-users who come to play and make
in-game purchases; its ability to achieve positive return on
investment on user acquisition efforts; its ability to establish and
maintain relationships with game developers; governmental policies and
regulations relating to CTW's industry; and general economic and
business conditions globally and in Japan and assumptions underlying
or related to any of the foregoing. Further information regarding
these and other risks, uncertainties or factors is included in CTW's
filings with the SEC. All information provided in this press release
and in the attachments is as of the date of this press release, and
CTW undertakes no obligation to update any forward-looking statement,
except as required under applicable law.