(This document has been translated from the Japanese original for reference purposes only. In the event of any discrepancy
between this document and the Japanese original, the latter shall prevail.)
Summary of Consolidated Financial Results for the Three Months ended June 30, 2024 (Japanese GAAP)
August 8, 2024
Company name: Digital Media Professionals Inc.
Listing: Tokyo Stock Exchange
Code number: 3652
URL: https://www.dmprof.com/en
Representative: Tatsuo Yamamoto, Chairman, President and CEO
Contact person: Tsuyoshi Osawa, Senior Managing Director, General Manager of Corporate Planning Dept.
Scheduled date of payment of cash dividends: Supplementary materials for the quarterly financial results: Yes
Briefing session on the quarterly financial results: No

Tel. (03) 6454 - 0450

1. Consolidated financial results for the three months ended June 30, 2024 (April 1, 2024 through June 30, 2024)(1) Consolidated operating results(Percentages indicate year-on-year changes)
Net income attributable to
Net sales
Operating income
Ordinary income
owners of parent
Millions of yen% Millions of yen% Millions of yen% Millions of yen%
3 months ended June 30, 2024
740
5.9
64
114.4
63
93.4
59
124.0
3 months ended June 30, 2023
699
80.3
30
－
32
－
26
－
Reference) Comprehensive income: 64 million yen as of June 30, 2024 (140.5%); 26 million yen as of June 30, 2023 (-%)

Net income per share
yen
18.81
8.40

3 months ended June 30, 2024
3 months ended June 30, 2023

Net income per sharedilutedyen－－(2) Consolidated financial position
Total assets

Net assets

Millions of yen

Equity ratio

Millions of yen

As of June 30, 2024
3,929
3,521
As of March 31, 2024
3,919
3,457
Reference) Shareholders' equity: 3,521 million yen as of June 30, 2024; 3,457 million yen as of March 31, 2024

%
89.6
88.2

2. Cash dividends
1Q-endyen-

Year ended March 2024
Year ending March 2025

Annual dividends per share
2Q-end3Q-endYear-end
yen
yen
yen
0.00
0.00

0.00
Note) Revision of dividends forecast during the period: None-

Year ending March 2025 (Forecast)

Total

0.00

yen
0.00
0.00

3. Forecasts of consolidated operating results for the year ending March 31, 2025 (April 1, 2024 through March 31, 2025)
Net Sales

Operating income

Millions of yen% Millions of yen
Full year
3,200
6.1
350
Note) Revision of forecasts during the period: None

Ordinary income% Millions of yen
6.5
350

-1-

(Percentages indicate year-on-year changes.)
Net income attributable to Net income
owners of parent
per share% Millions of yen
%
Yen
5.9
290
-12.5
89.03

Notes:1. Changes in significant subsidiaries during the current consolidated cumulative period (changes in specified subsidiaries
accompanying changes in the scope of consolidation): None
2. Application of accounting treatments specific to the preparation of quarterly consolidated financial statements: None
3. Changes in accounting policies(1) Changes in accounting policies resulting from revisions of accounting standards: Yes(2) Changes in accounting policies except (1): None
(3) Changes in accounting estimation: None
(4) Restatement: None
4. Number of shares issued(1) Number of shares issued at the end of the period (including treasury shares)
As of June 30, 2024

3,152,400 shares

As of March 31, 2024

3,152,400 shares

As of March 31, 2024

7,240 shares(2) Number of treasury shares at the end of the period
As of June 30, 2024

7,240 shares(3) Average number of shares issued during the period
3 months ended June 30, 2024

3,145,160 shares

3 months ended June 30, 2023

3,145,234 shares

Note: Explanation regarding the appropriate use of business forecasts and other special notes
The forward-looking statements such as business forecast in this document are based on information currently available to
the Company and on certain assumptions deemed to be reasonable. The Company does not guarantee the achievementof the forecasts. Actual results may differ significantly for a number of reasons.
For the conditions and notes on the use of business forecast, please refer to"1. Qualitative information on quarterly financial results (3) Consolidated financial forecasts and other forward-looking statements."-2-

1. Qualitative information on quarterly financial results(1) Operating results
In the first quarter ended June 30, 2024, the Japanese economy experienced a moderate recovery supported byrevitalized socioeconomic activities. However, the impacts of the continued weak yen and rising prices and energy
costs on the economy and people's lives became apparent. The global economy also showed signs of recovery ingeneral, but in addition to the effects of monetary tightening, downside risks due to rising prices, etc. need to be kept
in mind.
The semiconductor industry, to which our group belongs, demand for generative AI (Artificial Intelligence) is driving themarket, which bottomed out in 2023. In the medium term, demand is also expected to grow for IoT where all things areconnected to the Internet, artificial intelligence (AI), big data, next-generation high-speed communication standards,
and automatic driving.
In the field of AI/visual computing, which is the business domain of our group, the acceleration of innovation and theincreasing roles of AI are expected in solving social and environmental issues, including a decrease in the working
population due to declining birthrate and aging population and climate change, and in realizing a safe and securesociety.
In this environment, our group strives to create innovative products and services that drive value to our stakeholders
and solve real-world problems through the power of image intelligence, under the Purpose of "Making the ImageIntelligent." Based on a solid business foundation of stable growth in the amusement and IP fields, we are striving tomaximize LTV (customer lifetime value) by providing added value in the robotics and safety fields and their application
areas, such as video inspection and semiconductor manufacturing equipment, through deploying IP core licensebusiness, product business, and professional service business with our integrated development system from algorithm
and software to hardware, which is our strength, throughout the entire development lifecycle of customer products andservices from planning to mass production.

As for specific initiatives and achievements in our focused fields during the first quarter of the current fiscal year, firstly,in the safety field, we carried out professional services for a broader safety field (sales are scheduled to be recorded
from the second quarter onwards) and earned recurring revenue from existing projects from the edge to the cloud.
In the robotics field, we have started collaboration with dSPACE Japan to expand its products and services for modelbased development (MBD) and provided professional service related to an autonomous driving project for aconstruction equipment manufacturer. In addition, we carried out professional services in the semiconductor
manufacturing equipment area (sales are scheduled to be recorded from the second quarter onwards). In the businessof vision systems for picking robots by Cambrian Inc., a capital and business partner, our competitive advantage inrecognition accuracy of transparent and shiny parts and robustness against environmental changes such as ambient
light was highly evaluated, resulting in progress in product shipments and business projects. In addition, we havepromoted the acquisition of leads by exhibiting at various trade shows.
In the amusement field, we continued mass production shipments of our image processing semiconductor, RS1, forpachislot machines, including smart pachislots with strong utilization and pachinko machines, and aimed to expand ourshare in the market segment where we can demonstrate the superiority of this unique 2D/3D integrated chip.

With regard to business results for the current first quarter, in the product business, we continued mass production
shipments of the RS1 image processing semiconductor and shipped Cambrian Vision Systems. In the IP core licensebusiness, we recorded AI/GPU running royalty income, recurring revenue in the safety and robotics fields, and-3-

maintenance/support revenues. In the professional service business, we provided contracted development services.

As a result, we recorded net sales for the first quarter of the current fiscal year of 740 million yen (up 5.9% from thesame period of the previous year), operating income of 64 million yen (up 114.4% from the same period of the previousyear), ordinary income of 63 million yen (up 93.4% from the same period of the previous year) and net income
attributable to owners of the parent of 59 million yen (up 124.0% from the same period of the previous year).

As our group operates in a single segment, segment information is not provided, but a summary of results by businessis as follows.
a) IP core license businessNet sales amounted to 21 million yen (43 million yen in the same period of the previous fiscal year), mainly due to therecording of recurring revenue in the safety and robotics fields and maintenance/support revenues in addition to GPU
running royalty income for digital equipment such as digital still cameras, 4K TVs and office automation equipment.
b) Product businessNet sales amounted to 711 million yen (652 million yen in the same period of the previous fiscal year) due to sales frommass production shipments of the RS1 and Cambrian Vision Systems.
c) Professional service businessNet sales amounted to 7 million yen (3 million yen in the same period of the previous fiscal year) for providing AI
contracted development services related to RTMaps in the robotics field and contracted development services in theamusement field.

A summary of results by field is as follows.
a) Safety field
Net sales amounted to 5 million yen (6 million yen in the same period of the previous year), mainly due to the recordingof recurring income and maintenance/support revenues in the IP core license business.
b) Robotics field
Net sales amounted to 9 million yen (23 million yen in the same period of the previous fiscal year) due to the recordingof sales of Cambrian Vision Systems in the product business and providing professional service business.
c) Amusement field
Net sales amounted to 710 million yen (630 million yen in the same period of the previous year), mainly due to themass production shipments of RS1.
d) Other
Net sales amounted to 15 million yen (38 million yen in the same period of the previous fiscal year), mainly due to therecording of GPU running royalty income for digital equipment and maintenance/support revenues.

(2) Financial position(Assets)
Current assets at the end of the first quarter amounted to 3,284 million yen, up 11 million yen from the end of theprevious fiscal year mainly attributable to an increase in merchandise and finished goods (up 33 million yen) and adecrease in accounts receivable and contract assets (down 24 million yen). Noncurrent assets amounted to 645 million
yen, down 1 million yen from the end of the previous fiscal year mainly attributable to a decrease in property, plant, andequipment (down 3 million yen).
-4-

(Liabilities)
Current liabilities and noncurrent liabilities at the end of the first quarter amounted to 407 million yen, down 54 million
yen from the end of the previous fiscal year mainly attributable to an increase in accounts payable (up 58 million yen)and decreases in income taxes payable (down 39 million yen), accrued expenses (down 45 million yen), and accrued
consumption taxes (down 30 million yen).
(Net assets)
Net assets at the end of the first quarter amounted to 3,521 million yen, up 64 million yen from the end of the previous
fiscal year mainly attributable to an increase in retained earnings (up 59 million yen).
As a result, the equity ratio was 89.6%.

(3) Consolidated financial forecasts and other forward-looking statements
There is no change to the full-year consolidated earnings forecast for the fiscal year ending March 31, 2025, announced
on May 14, 2024.
In the first quarter of the current fiscal year, net sales, operating income, ordinary income, and net income attributableto owners of the parent reached new records since listing, driven primarily by steady sales in the amusement field..
From the second quarter onward, we expect to expand license and professional service revenues in the safety field,
and product and professional service businesses in the robotics field, in addition to the continued volume shipments of"RS1" image processing semiconductors for the amusement market.
Actual performance may differ significantly from the forecast figures due to various factors.

-5-

2. Consolidated quarterly financial statements and major notes(1) Consolidated quarterly balance sheets

AssetsCurrent assets
Cash and deposits
Accounts receivable - trade and contract assets
Securities
Merchandise and finished goods
Work in process
Raw materials and supplies
Other
Total current assets
Non-current assets
Property, plant and equipment
Intangible assets
Investments and other assets
Investment securities
Other
Total investments and other assets
Total non-current assets
Total assets
Liabilities
Current liabilities
Accounts payable - trade
Income taxes payable
Provision for product warranties
Other
Total current liabilities
Non-current liabilities
Asset retirement obligations
Total non-current liabilities
Total liabilities
Net assets
Shareholders' equity
Capital stock
Capital surplus
Retained earnings
Treasury shares
Total shareholders' equity
Accumulated other comprehensive income
Valuation difference on available-for-sale securities
Foreign currency translation adjustment
Total accumulated other comprehensive income
Total net assets
Total liabilities and net assets-6-

Previous year
(As of Mar 31, 2024)(Yen thousand)Current Q1 period(As of Jun 30, 2024)

2,603,750
246,332
300,000
35,5852,817
44,26640,032
3,272,786

2,593,414
221,585
300,000
69,163
7,221
54,73638,2983,284,420

54,0639,324

50,601
5,874

483,227
100,395
583,623
647,0103,919,796

488,309
100,665588,974
645,450
3,929,870

196,241
51,667
8,540
187,311443,761

254,682
12,095
7,148
115,727
389,653

18,191
18,191
461,952

18,25818,258407,912

1,838,882
1,858,093-243,821-2,016
3,451,138

1,838,882
1,858,093-184,648-2,0163,510,311

3,726
2,978
6,705
3,457,844
3,919,796

8,966
2,680
11,647
3,521,958
3,929,870

(2) Consolidated quarterly statements of income and comprehensive income (three months ended June 30, 2024)
Consolidated quarterly statements of income(Yen thousand)Previous Q1 period (YTD)

Current Q1 period (YTD)(From Apr 1, 2023

(From Apr 1, 2024

To Jun 30, 2023)

To Jun 30, 2024)

Net sales

699,165

740,262

Cost of sales

442,820

421,903

Gross profit

256,344318,359

Selling, general and administrative expenses

226,147

253,616

Operating income

30,19664,7422

1,307

Non-operating income
Interest income
Foreign exchange gains

2,635

-

Total non-operating income

2,637

1,307

Foreign exchange losses

-

2,547

Miscellaneous loss-

9

Non-operating expenses

-

2,557

Ordinary income

Total non-operating expenses

32,83363,493

Income before income taxes

32,83363,493

Income taxes - current

6,422

4,372

Income taxes - deferred--51

Total income taxes

6,422

4,320

Income26,411

59,172

Income attributable to owners of parent

26,411

59,172

Consolidated quarterly statements of comprehensive income(Yen thousand)Previous Q1 period (YTD)

Current Q1 period (YTD)(From Apr 1, 2023

(From Apr 1, 2024

To Jun 30, 2023)

To Jun 30, 2024)

IncomeOther comprehensive income
Valuation difference on available-for-salesecurities
Foreign currency translation adjustment
Total other comprehensive income
Comprehensive income
Comprehensive income attributable toComprehensive income attributable to ownersof parent
Comprehensive income attributable to noncontrolling interests-7-26,411

59,172

664

5,240

-416

-298

247

4,941

26,65864,11426,65864,114--

(3) Notes to quarterly consolidated financial statements(Change in accounting policy)(Application of Accounting Standard for Current Income Taxes)
The “Accounting Standard for Current Income Taxes” (ASBJ Statement No. 27, October 28, 2022; hereinafter referred
to as “Revised Accounting Standard 2022”), etc. has been applied since the beginning of the first quarter of the fiscal
year ending March 31, 2025.
Revisions concerning the categories in which current income taxes should be recorded (taxes on other comprehensive
income) are subject to the transitional treatment outlined in the proviso of paragraph 20-3 of the Revised AccountingStandard 2022 and the transitional treatment outlined in the proviso of paragraph 65-2 (2) of the Guidance on
Accounting Standard for Tax Effect Accounting (ASBJ Guidance No. 28, October 28, 2022; hereinafter referred to as“Revised Guidance 2022”). The change in accounting policies had no impact on the consolidated financial statements
for the first quarter under review.
In addition, the Company has applied the Revised Guidance 2022 from the beginning of the first quarter of the fiscal
year ending March 31, 2025, regarding the revision related to the treatment in the consolidated financial statements ofthe deferral for tax purposes of gains or losses arising from the sale of shares of subsidiaries and other securities
among consolidated companies. Although the change in accounting policies was applied retrospectively to theconsolidated financial statements for the first quarter of the previous fiscal year and the entire previous fiscal year, there
were no applicable events and the change in the accounting policies had no impact on the consolidated financial
statements for the first quarter of the previous fiscal year or the entire previous fiscal year.

(Notes on significant changes in the amount of shareholders' equity)
Not applicable(Notes on going-concern assumption)
Not applicable(Notes to Quarterly Consolidated Statements of Cash Flows)
Quarterly consolidated statements of cash flows for the first quarter of the current fiscal year have not been prepared.
Depreciation (including amortization related to intangible fixed assets excluding goodwill) for the first quarter of thecurrent fiscal year is as follows.
(Yen thousand)Previous Q1 period (YTD)(From Apr 1, 2023
Depreciation

To Jun 30, 2023)
10,052Current Q1 period (YTD)(From Apr 1, 2024
To Jun 30, 2024)
9,179(Segment information, etc.)[Segment information]
The Group's business is comprised of a single segment, the development, manufacture, and sale of IP cores and otherproducts, as well as related operations. Therefore, this information is omitted from this report.

(Significant subsequent events)
Not applicable-8-3. Other(1) Significant events on going-concern assumption
Not applicable(2) Recent quarterly business performance
Fiscal year ended March 31, 2025
(thousand yen)First Quarter
Apr 2024 - Jun 2024

Second Quarter
Jul 2024 - Sep 2024

Third Quarter
Oct 2024 - Dec 2024

Fourth Quarter
Jan 2025 - Mar 2025

Net sales

740,262---

Gross profit

318,359---

Operating income

64,742---

Ordinary income

63,493---

Income before income
taxes

63,493---

Net income

59,172---

Net income attributable toowners of the parent

59,172---Comprehensive income

64,114---18.81 yen---

Net income per share

End of 1st QuarterEnd of 2nd QuarterEnd of 3rd QuarterEnd of 4th Quarter

Total assets

3,929,870---

Net assets

3,521,958---

1,119.80 yen

-

-

-

Net assets per share

Fiscal year ended March 31, 2024
First Quarter
Apr 2023 - Jun 2023

Second Quarter
Jul 2023 - Sep 2023

Third Quarter
Oct 2023 - Dec 2023

Fourth Quarter
Jan 2024 - Mar 2024

Net sales

699,165

742,931

850,573

723,392

Gross profit

256,344

342,473351,584

319,932

Operating income

30,196

104,590

126,578

67,207

Ordinary income

32,833

107,336

124,045

66,262

Income before incometaxes

32,833

107,336

124,045

66,262

Net income

26,411

94,614

100,972

109,271

Net income attributable toowners of the parent

26,411

94,614

100,972

109,271

Comprehensive income

26,65894,71098,255

114,358

8.40 yen

30.08 yen

32.10 yen34.74 yen(thousand yen)

Net income per share

End of 1st QuarterEnd of 2nd QuarterEnd of 3rd QuarterEnd of 4th Quarter

Total assets

3,684,722

3,691,464

3,893,835

3,919,796

Net assets

3,150,810

3,245,229

3,343,485

3,457,844

1,001.77 yen

1,031.82 yen

1,063.06 yen

1,099.42 yen

Net assets per share-9-