FY2022

Nov 9, ２０２２

DAIICHIKOSHO CO., LTD.
Supplementary Briefing Material on
Financial Results for the Second Quarterof the Year Ending March 31, 2023
DAIICHIKOSHO CO., LTD. Ended September 30, 2022 (FY2022)

Overview of Financial Results for the Second Quarter of the Year Ending March 31, 2023:
Contents

FY2022

1. Overview of Financial Results
p.2-13for the Second Quarter of the Year Ending March 31, 2023
- Summary- Business environment- Financial position (consolidated balance sheets)- Statements of income(Performance comparison with FY2021, extraordinary income and losses,
quarterly sales performance)- Performance by segment(Commercial karaoke, karaoke cabins and restaurants, music software, andother)- Consolidated management indicators(Profitability, soundness, cash flows)１

2. Forecast for the year ending March 31, 2023
- Full-year consolidated financial forecasts- Shareholder returns (Dividend forecasts)

p.14-15

3. Referencesp.16-21DAIICHIKOSHO CO., LTD.
Supplementary Briefing Material on Financial Results for the Second Quarter of the Year Ending March 31, 2023

1

FY2022

Overview of Financial Results
for the Second Quarterof the Year Ending March 31, 2023

DAIICHIKOSHO CO., LTD.
Supplementary Briefing Material on Financial Results for the Second Quarter of the Year Ending March 31, 2023

Overview of Financial Results for the Second Quarter of the Year Ending March 31, 2023:
Summary

FY2022<<Second Quarter of the Year Ending March 31, 2023 (FY2022)>>● Despite the lingering impact of COVID-19, the business environment for the current period improved
significantly compared to the same period of the previous fiscal year, when a state of emergency was declared
twice.
● (Commercial karaoke)
Both the night business and the karaoke cabin markets are recovering due to the resumption of operation andan increase in new store openings.
The number of DAM systems in operation at the end of the second quarter increased by 3% from the end of
the previous fiscal year.
● (Karaoke cabins and restaurants)
There were no business restrictions such as requests for operation in reduced working hours throughout theperiod, and despite the impact of the “seventh wave” of infection on attracting customers, net sales at existing
stores were down approximately 30% compared to before COVID-19 (down 80% in the same period of theprevious fiscal year), showing a recovery trend.
● 2,800 million yen from the employment adjustment subsidies and subsidies for reduced business hours, etc.
(corresponding to the previous period) was posted as extraordinary income.
● Consolidated net sales increased by 53.5% year on year and improved the income significantly.
(Year-on-year comparison) Operating profit: +7,400 million yen, profit: +7,400 million yen● Although both sales and income exceeded the forecast for the first half of the fiscal year ending March 31,
2023, the full-year forecast remains unchanged due to many uncertainties such as the infection situation in thesecond half of the year and various cost increase factors.
Net sales: 126,500 million yen Operating profit: 12,000 million yen Profit: 10,000 million yen

１

DAIICHIKOSHO CO., LTD.
Supplementary Briefing Material on Financial Results for the Second Quarter of the Year Ending March 31, 2023

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Overview of Financial Results for the Second Quarter of the Year Ending March 31, 2023:
Business environment

FY2022<<Business environment >>Previous Year

Year ended March 31, 2022
Apr.

May

Jun.

Jul.

Quasi- Declaration of
Quasistateofemergency
(3)
state
state

Aug.

Sep.

Declaration ofstate of emergency (4)Oct.
Reboundprevention

Nov.

Dec.

Jan.

Feb.

Mar.

Quasi-state of
emergency●Declaration of state of emergency: Use of karaoke facilities, serving of alcoholic beverages in restaurants were prohibited, and operation in
reduced hours was requested.
→All of our karaoke cabins/restaurants were closed, except for coffee shops and restaurants that were expected to attract customers for lunch.
●Quasi-state of emergency: Request for reduced operating hours for both karaoke and restaurants (some municipalities prohibited karaoke) andprohibition of alcohol beverage servings (until Sept.).
→Our cabins/restaurants were operating in reduced hours or closed. *Only request for reduced hours during the period of quasi-state in Jan.

Current Period

Year ended March 31, 2023

１

Apr.

May

Jun.

Jul.

Aug.

Sep.

The number of new COVID-19 cases increased sharply
from mid-July and the recovery trend temporarily
receded, but there were no business restrictions suchas a declaration of a state of emergency.

Number of
new COVID-19 cases(Tokyo)Sharp increase in
the number of
new cases

Significant improvement in the businessenvironment compared to the same periodof the previous year

DAIICHIKOSHO CO., LTD.
Supplementary Briefing Material on Financial Results for the Second Quarter of the Year Ending March 31, 2023

3

Overview of Financial Results for the Second Quarter of the Year Ending March 31, 2023:
Consolidated balance sheets

FY2022(Millions of yen)

As of March 31,
2022

AssetschangeNotes

180,389

184,480+4,090Current
assets84,277

88,230+3,953

Non-current
assets96,112

96,249+136

75,22976,193+964

Current
liabilities

21,65832,615+10,956

Increase in current portion of long-termborrowings

Non-current
liabilities

53,57043,578（9,992）

Decrease in long-term borrowings

105,160

108,286+3,126

Liabilities

Net assets

１

As of Sept. 30,
2021

Increase in cash and deposits, etc.

DAIICHIKOSHO CO., LTD.
Supplementary Briefing Material on Financial Results for the Second Quarter of the Year Ending March 31, 2023

4

Overview of Financial Results for the Second Quarter of the Year Ending March 31, 2023:
Performance comparison with FY2021

FY2022(Millions of yen)

FY2022
1H(vs. sales
ratio)FY2023
1H(vs. sales
ratio)

Change% change

Net sales

39,529(100.0%)60,671(100.0%)21,141+53.5%

Operating
ProfitOrdinary
Profit(1,945)-5,469(9.0%)

7,414-(1,176)-5,773(9.5%)

6,950-

Profit(1,429)-5,990(9.9%)

7,419-

Net sales

Operating Profit

Ordinary Profit

Profit(Millions of yen)

5,990

5,773

5,469
60,671
39,529(1,176)(1,945)

FY2021
1H

１

FY2022
1H

FY2021
1H

FY2022
1H

FY20211H(1,429)FY2022
1H

FY2021
1H

DAIICHIKOSHO CO., LTD.
Supplementary Briefing Material on Financial Results for the Second Quarter of the Year Ending March 31, 2023

FY2022
1H

5

Overview of Financial Results for the Second Quarter of the Year Ending March 31, 2023:
Extraordinary income and losses

FY2022[Extraordinary income and losses]◆Extraordinary income 2,983 million yen (5,672 million yen for thesame period of the previous fiscal year)
Main reason- Subsidies income
2,868 million yen (5,660 million yen for the same period of
the previous fiscal year)
Various benefits, including employment adjustment subsidies and subsidies for shorter business hours for theprevious period, were recorded as extraordinary income.

◆Extraordinary losses
44 million yen (6,499 million yen for the same
period of the previous fiscal year)
Main reason- None* Loss on COVID-19 of 6,299 million yen was posted in the same period of theprevious fiscal year.
Extraordinary losses were recorded for expenses arising from responses to the declaration of state of
emergency.
The losses consist of fixed costs of our stores operated in the affected areas during the affectedperiod, and the fixed costs related to the commercial karaoke equipment for rental, etc.

１

DAIICHIKOSHO CO., LTD.
Supplementary Briefing Material on Financial Results for the Second Quarter of the Year Ending March 31, 2023

6

Overview of Financial Results for the Second Quarter of the Year Ending March 31, 2023:
Quarterly sales performance

FY2022(Millions of yen)

45,00040,000Affected by COVID-19

35,00030,00025,00020,00015,00010,000
5,000
0
1Ｑ

2Ｑ

3Ｑ

4Ｑ

1Ｑ

FY2018Commercial karaoke

１

2Ｑ

3Ｑ

4Ｑ

1Ｑ

2Ｑ

3Ｑ

4Ｑ

FY2019FY2020

Karaoke cabins and restaurants

Music software

1Ｑ

2Ｑ

3Ｑ

4Ｑ

FY2021

1Ｑ

2Ｑ

FY2022Other businesses

DAIICHIKOSHO CO., LTD.
Supplementary Briefing Material on Financial Results for the Second Quarter of the Year Ending March 31, 2023

8

Overview of Financial Results for the Second Quarter of the Year Ending March 31, 2023:
Performance by segment(Millions of yen)

FY2022

Commercial karaoke

20,000Affected by COVID-19

18,00016,00014,00012,000Net sales

10,0008,000

Operatingprofit

6,000
4,000
2,000
0
1Ｑ

2Ｑ

3Ｑ

4Ｑ

1Ｑ

FY2018

2Ｑ

3Ｑ

4Ｑ

1Ｑ

FY2019

2Ｑ

3Ｑ

4Ｑ

1Ｑ

FY2020

2Ｑ

3Ｑ

4Ｑ

1Ｑ

FY2021

2Ｑ

FY2022

Karaoke cabins and resataurants

20,000Affected by COVID-19

15,00010,000Net sales
5,000
Operatingprofit0-5,000
1Ｑ

2Ｑ

3Ｑ

FY2018

１

4Ｑ

1Ｑ

2Ｑ

3Ｑ

FY2019

4Ｑ

1Ｑ

2Ｑ

3Ｑ

FY2020

4Ｑ

1Ｑ

2Ｑ

3Ｑ

FY2021

4Ｑ

1Ｑ

2Ｑ

FY2022DAIICHIKOSHO CO., LTD.
Supplementary Briefing Material on Financial Results for the Second Quarter of the Year Ending March 31, 2023

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Overview of Financial Results for the Second Quarter of the Year Ending March 31, 2023:
Performance by segment(Millions of yen)

FY2022

Music software

2,500

Affected by COVID-19

2,000
1,500
1,000

Net sales

500

Operatingprofit

0
-500
1Ｑ

2Ｑ

3Ｑ

4Ｑ

1Ｑ

FY2018

2Ｑ

3Ｑ

4Ｑ

1Ｑ

FY2019

2Ｑ

3Ｑ

4Ｑ

1Ｑ

FY2020

2Ｑ

3Ｑ

4Ｑ

FY2021

1Ｑ

2Ｑ

FY2022Other businesses

3,500

Affected by COVID-19

3,000
2,500
2,000
Net sales
1,500
Operatingprofit

1,000
500
0
1Ｑ

2Ｑ

3Ｑ

2018年度

１

4Ｑ

1Ｑ

2Ｑ

3Ｑ

FY2019

4Ｑ

1Ｑ

2Ｑ

3Ｑ

FY2020

4Ｑ

1Ｑ

2Ｑ

3Ｑ

FY2021

4Ｑ

1Ｑ

2Ｑ

FY2022DAIICHIKOSHO CO., LTD.
Supplementary Briefing Material on Financial Results for the Second Quarter of the Year Ending March 31, 2023

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Overview of Financial Results for the Second Quarter of the Year Ending March 31, 2023:
Commercial karaoke
Commercial karaoke

FY2022(Millions of yen)(vs. sales
ratio)FY2021 1H(vs. sales
ratio)FY2022 1H

Change% change

Net sales

25,183(100.0%)28,716(100.0%)+3,533+14.0%

Operating profit

5,792(23.0%)

7,472(26.0%)+1,679+29.0%* In the same period of the previous fiscal year, fixed costs of 599 million yen related to the exemption measures (none for the current
period) were transferred to “loss on COVID-19.”

Factors for change of segment profit△1,254

5,792

△599

+3,533

7,472* * This is due to the absence of the amount transferred from the cost of sales
and SG&A expenses to ”loss on COVID-19” for the current period, which was
599 million yen in the same period of the previous fiscal year.

１[Notes]■ Due to the reopening of customer stores and anincrease in new store openings following the lifting ofvarious requests, the business environment is trending
toward recovery, centered on stores operating at night,
such as snack bars, which are our main market.
■ Building a sales system that also uses a website- “Karaoke no Madoguchi (Consultation desk for
karaoke)”: Supporting the introduction of karaokeequipment- “Yorumise Navi (Search navigation for properties fornight entertainment)”: Property information site forstores operating at night- Online events for the seniors’ market such as nursing
homes■ We strengthened DAM's product appeal by enhancing
video contents such as live videos, anime videos, andmusic videos, including a new content "LIVIEW!"■ Net sales and operating profit increased due to a 3%
increase in the number of units in operation comparedto the end of the previous corresponding period.

DAIICHIKOSHO CO., LTD.
Supplementary Briefing Material on Financial Results for the Second Quarter of the Year Ending March 31, 2023

11

Overview of Financial Results for the Second Quarter of the Year Ending March 31, 2023:
Karaoke cabins and restaurants
Karaoke cabins and restaurants

FY2022(Millions of yen)(vs. sales
ratio)FY2021 1H(vs. sales
ratio)FY2022 1Hchange% change

Net sales

6,331(100.0%)22,702(100.0%)+16,371+258.6%

Operating profit(6,981)-(1,671)-+5,309-* In the same period of the previous fiscal year, fixed costs of 599 million yen related to the exemption measures (none for thecurrent period) were transferred to “loss on COVID-19.”

Factors for change of segment profit+16,371△1,671△5,394△6,981△5,667* This is due to the absence of the amount transferred from the cost of sales andSG&A expenses to ”loss on COVID-19” for the current period, which was 5,667
million yen in the same period of the previous fiscal year.

１[Notes]■ Karaoke: New open 6, Close 3, Number of karaoke shops
at the period-end 506
Restaurant: New open 6, Close 6, Number of restaurants
at the period-end 175■ As various requests were lifted in the previous period, thenumber of customers at stores has been gradually
recovering since the beginning of the period.
■ In addition to the continued impact of COVID-19 on somebusiness locations and late-night hours, the impact of the“seventh wave” led to a decline, but sales at existing
stores were down approximately 30% compared tobefore COVID-19 (down 80% in the same period of theprevious fiscal year), showing a recovery trend.
■ We installed a flagship model "LIVE DAM Ai" in all
karaoke cabins at 42 stores to improve customer
satisfaction.
■ We also focused on attracting young customers bylaunching the “Saikyo Gakuwari (Best student discount)”
at all stores in June.

DAIICHIKOSHO CO., LTD.
Supplementary Briefing Material on Financial Results for the Second Quarter of the Year Ending March 31, 2023

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Overview of Financial Results for the Second Quarter of the Year Ending March 31, 2023:
Music software/other businesses
Music software

FY2022(Millions of yen)(vs. sales
ratio)FY2021 1H(vs. sales
ratio)FY2022 1H

Change% change

Net sales

2,717(100.0%)3,221(100.0%)+504+18.6%

Operating profit

24(0.9%)

98(3.1%)+74+299.2%[Notes]■ With events and concerts starting to resume, the music industry regained vigor and product sales of CDs, DVDs, etc. have been on arecovery track.
■ The TV program production business also performed well.

Other businesses(Millions of yen)(vs. sales
ratio)FY2021 1H(vs. sales
ratio)FY2022 1Hchange% change

Net sales

5,297(100.0%)6,030(100.0%)+732+13.8%

Operating profit

374(7.1%)

788(13.1%)+413+110.5%[Notes]■ Parking lot business, which operates under "The Park" brand, performed well with a total of 1,900 facilities and 23,000 parking spaces atthe end of the period.

１

DAIICHIKOSHO CO., LTD.
Supplementary Briefing Material on Financial Results for the Second Quarter of the Year Ending March 31, 2023

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Overview of Financial Results for the Second Quarter of the Year Ending March 31, 2023:
Consolidated management indexes

FY2022

Profitability index
FY2021 1H

Change(4.9)%

9.0%+13.9%pt(26.20) yen

109.73yen+135.93 yen

Operating profit to net sales (%)
Net assets per share (yen)FY2022 1H

Soundness
As of March 31, 2022

As of Sept. 30, 2021

Net assets (Millions of yen)

105,160

108,286+3,126Equity ratio (%)

57.4%

57.8%

+0.4%pt

Cash flows(Millions of yen)

FY2021 1H

１ChangeFY2022 1HchangeCash flows from operating
activities(1,606)

11,367+12,973

Cash flows from investing
activities(5,049)(5,901)(852)

Cash flows from financing
activities(3,314)(3,500)(185)

Net increase (decrease) incash and cash equivalents(9,964)

1,998+11,963

Cash and cash equivalents at
end of period

57,71570,124+12,408

Free cash flows(6,656)

5,465+12,121DAIICHIKOSHO CO., LTD.
Supplementary Briefing Material on Financial Results for the Second Quarter of the Year Ending March 31, 2023

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FY2021

Outlook of Financial Results for theYear Ending March 31, 2023

DAIICHIKOSHO CO., LTD.
Supplementary Briefing Material on Financial Results for the Second Quarter of the Year Ending March 31, 2023

Outlook of Financial Results for the Year Ending March 31, 2023:
Full-year consolidated performance forecasts

FY2022(Millions of yen)

FY2020(year ended March 31, 2021)

FY2021(year ended March 31, 2022)

FY2022 (forecast)(year ending March 31, 2023)

Net sales

93,316(100.0%)94,787(100.0%)126,500(100.0%)Operating profit(2,693)

-

(289)

-

12,0009.5%

Ordinary profit(1,194)

-

888

0.9%

12,800

10.1%

profit(18,782)

-

5,196

5.5%

10,0007.9%

Equity per share(338.54)

Net sales

95.21
Operating profit

183.17

Ordinary profit

Equity per share(Millions of yen)
150,000

15,00010,000100,000

93,316

12,80012,000126,500

0
5,000

5,000

0

0

888
-289
FY2020 FY2021 FY2022
Result Result
Forecast

5,196

10,00094,78750,0000

10,00010,00015,000-5,000-2,693
FY2020 FY2021 FY2022
Result Result
Forecast-10,000-1,194-5,000-20,000

FY2020 FY2021 FY2022
Result Result
Forecast-18,782
FY2020 FY2021 FY2022
Result Result
Forecast* The earnings forecast has been made based on information available as of the publication date of this material, and actual operating results may
differ from such forecasts due to various factors.
The earning forecast has also been made based on the assumption that COVID-19 will not resurge on a nationwide basis and will gradually settle.

１

DAIICHIKOSHO CO., LTD.
Supplementary Briefing Material on Financial Results for the Second Quarter of the Year Ending March 31, 2023

15

Shareholder returns

FY2022

Basic policy on profit distribution■Dividend policy- Actively return profits to shareholders in line with consolidated business results, taking into consideration internal reserves for
future investments and other plans.
- Pay dividends with a target consolidated payout ratio of at least 30%.
- Repurchase the shares at appropriate timings to improve capital efficiency.

■Dividend forecast- We decided to maintain the dividend forecast for FY2022 with the same amount as the previous fiscal year (FY2021), taking into
account the future business environment.
FY2021 (Year ended March 31, 2022)

Dividends per share
Payout ratio

FY2022 Forecast (Year ending March 31, 2023)

InterimYear-end

AnnualInterimYear-end

Annual56 yen57 yen113円

56 yen57 yen(forecast)

113 yen(forecast)

118.7%

61.7%(forecast)■Repurchasing of shares

November 2018

(1,676 million yen)

November 2019

toJanuary 2020

Acquired 273,400 shares(1,499 million yen)March 2020

toJune 2020

Acquired 500,000 shares(1,587 million yen)August 2020

toMarch 2021

Acquired 1,379,800 shares(4,999 million yen)

May 2021

１

Acquired 314,000 shares

Cancelled 2,500,000 shares

DAIICHIKOSHO CO., LTD.
Supplementary Briefing Material on Financial Results for the Second Quarter of the Year Ending March 31, 2023

16

FY2022

References

DAIICHIKOSHO CO., LTD.
Supplementary Briefing Material on Financial Results for the Second Quarter of the Year Ending March 31, 2023

References: The new Group corporate message

FY2022The new Group corporate message is “Singing as we go”～Let’s sing as we go everyday. If we sing, tomorrow will be a better day～Singing as we go
Let’s sing when we’re happy.
Let’s sing when we’re sad to let it all go.
Let’s sing to make new friends.
Let’s sing when we’re alone to connect withourselves.
Let’s laugh as we sing. Let’s cry as we sing.
Let’s cheer up as we sing.
Singing isn’t just fun.
Singing has the power to heal the mind andbody,
And lead the world in a better direction.
Adults and kids, young people and old people,
Let’s all sing as we go everyday.
If we sing, tomorrow will be a better day.
DAIICHIKOSHO Group will spreadthe incredible power of singing throughout
society through various actions.

１

DAIICHIKOSHO Group has created the
new Group corporate message “Singing as
we go” based on our aspiration to have more
people enjoy karaoke that rejuvenates themind and body.
Based on this message, we will spread theincredible power of singing throughout
society through various actions and help
enrich people’s daily lives.
In addition, on the newly opened special
website, we introduce the delightful effects ofsinging on the mind and body, the power ofsongs and music, as well as feature articles
that will make you want to sing.

■Singing Special Website:
https://www.clubdam.com/singing/

DAIICHIKOSHO CO., LTD.
Supplementary Briefing Material on Financial Results for the Second Quarter of the Year Ending March 31, 2023

16

References (Commercial karaoke): Primary product lineup

FY2022On sale October 4, 2022

LIVE DAM Ai

FREE DAM LIFE

(DAM-XG8000)（DAM-F850）

Use the industry's first AI
deep-learning model

Clearer image and sound
DK elder system for the elderly● Equipped with the “Ai Assistant” voice recognition function ● Lighting
control with "Infinity Mirror" ● Equipped with the industry's first sound sourcethat realistically reproduces sounds at Tokyo Dome and Nagoya Dome
● Come with the industry's first precision scoring game to evaluate singing
ability with sensitivity.

● Anti-virus and anti-bacterial specifications ●Function to automatically create progress programsby purpose ● Remote session function that can beenjoyed simultaneously between distant facilities

Cyber DAM ＋

Party DAM 20Ｖ(DAM-G100W)(DAM-PD20Ｖ)

Music lineup specialized
for night time

Integrated mobile type for hotels
and event venues● Equipped with the industry‘s first double monitor, processed with anti-virus
and anti-bacterial coating ● Add presence with “Live Echo” ● Substantiallystrengthened enka and pop songs, foreign songs, and duet songs that havebeen well-received in the night market.

● To allow usage as a podium for lectures, thedisplay at the top can be stored in the main body
● Come with a wide variety of party contents forvarious usage scenes at hotels, inns, weddinghalls, etc.

SmartDAM Ai

Harmony microphone(TM30)(WITM-500P/W)

Music search and learning
capabilities improved
with Ai!

Come with "DAM button" that changes
user's voice to a more singable soundquality● Equipped with an app that reproduces the feel of a paper music book
● AI will assist even with ambiguous input ● Direct keys (stop, TOP, return,remote controller) are located on the front side of the 10.1 inch panel.

１● Infrared wireless optimizes compatibility with DAM
karaoke system ● High-quality sound eliminating mic
feedback ● Come with a switch that changes the voice
quality between Sharp ↔ Mild

DAIICHIKOSHO CO., LTD.
Supplementary Briefing Material on Financial Results for the Second Quarter of the Year Ending March 31, 2023

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Reference (Commercial karaoke): DAM contents
A powerful live experience for you!

LIVIEW!
(LIVE+YOU!)

１

FY2022"LIVE+YOU! (Bringing live music closer to you)."“LIVIEW!" is a new Live DAM Ai content which provides long live
performance videos that can be experienced at karaoke cabins.
High-quality live performances by famous artists can be enjoyed on large
displays and in a powerful sound environment at any time of the day.
“LIVIEW!" will provide new videos of high-quality live performances of
popular artists every month.

GENERATIONS from EXILE TRIBE

Strawberry Prince

Da-iCETOKYO SKA PARADISE ORCHESTRADAIICHIKOSHO CO., LTD.
Supplementary Briefing Material on Financial Results for the Second Quarter of the Year Ending March 31, 2023

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Reference (karaoke cabins / restaurant business): Karaoke and restaurant brand list FY2022
Karaoke Shops
Big Echo

Karaoke CLUB DAM

Karaoke Mac

Mega Big

Restaurants/Bars
Restaurants / pubs

Bars

RakuzoMinatoichiya

Senyaichiya

Umekono ie

Kyomachi shizuku Bistro ya

KitchenAmatsuJibundoki

Seseragi wokikinagara

Uenotori

Tokachi Ishikari
Hakodate

Sushi ya
Harenohi

RockTokyo Nicks

Bars

CELTS

１

Amusement bars

HIGHBALL BAR

J’s BarREGALO

Gin ten.

Restaurants / cafes

MARUNOUCHI BASE Ginza Coffee

Mochinoki pasta

Time is CurryDAIICHIKOSHO CO., LTD.
Supplementary Briefing Material on Financial Results for the Second Quarter of the Year Ending March 31, 2023

Ichidan19

Reference (Music software): Musicians◆Enka, pop

FY2022◆Enka, pop

Tetsuji Kimura

Kaori Mizumori

The second son of Ichiro Toba, one ofJapan‘s leading enka singers. Fascinated byenka since childhood, he has been active on
stage numerous times since high school. In
2016, he formed the pop duo “Ryutetsu
Nikki” with his older brother Ryuzo. Theirsinging ability that transcended genres
attracted much attention. He decided to
debut as a solo enka singer while continuing
his work with “Ryutetsu Nikki.” In his debut
song “Nidaime,” he delivers a powerful
singing voice as the successor of his father
Ichiro Toba’s “Stout Enka.”

The ”Queen of Regional Songs” celebrated the28th year since her debut and released“Kujukurihama” set in Chiba Prefecture. It becameher 44th prefectural original song, and now only 3
prefectures remain: Tokushima, Fukuoka andMiyazaki prefectures. In addition, she wasappointed as the “Kujukuri Town PR Ambassador”
and carried out a beach cleanup of Kujukuri
Beach at the release event. She is a tourism
ambassador at 25 locations nationwide. Her
performance last year for “NHK Kohaku Uta
Gassen” (annual New Year's Eve music show) at
the snowy Kiyomizu-dera Temple in Kyoto was
spectacular. The popularity of the YouTube
channel “Kaori Mizumori Channel” is on the rise!

◆Ｊ-ＰＯＰ◆Ｊ-ＰＯＰBERRY GOODMANFES☆TIVE

Their signature power songs (cheer songs) are often used by baseballteams when their players appear on the field and encourage those who work
hard. The music video for their popular song “Aikata” has been played over
8.5 million times and the song has been
played more than 40 million times onsubscription. “Hanataba” recorded 1stplace in the DL ranking and 1st place inthe amazon music rapid moving chart.
In October, they released the album“Sugoi Kamoshiren,” which includes
their new cheer song “Zassou” and “Ii
Kibun,” the theme song of the Nippon
TV informational program “Sukkiri.”

A festive idol unit formed in 2013. They have become regulars at large idol
festivals such as TOKYO IDOL FESTIVAL and @JAM, and boast topranking popularity. The Thailand-themedsong “Hohoemi no Kuni” has seen asignificant increase in the number ofYouTube music video views in Southeast
Asian countries, as well as in India, Turkey,
Ukraine, and Mexico. In addition, theyreceived an official invitation from theTourism Authority of Thailand and held asolo concert.

DAIICHIKOSHO CO., LTD.
Supplementary Briefing Material on Financial Results for the Second Quarter of the Year Ending March 31, 2023

20

Reference (Other business segments): Key segments

FY2022

Parking Lot Business
Proposing land utilization and creating more value(Facilities)

Armed with the trust we have built up with our customers
nationwide as a leading company in the karaoke industry,
we are developing our metered parking business under
the name of "The Park," proposing effective use of landthat contributes to local communities which satisfy ourcustomers with safety and security. We provide athorough support, from establishment of a new facility tofollow-up service. We are promoting this businessnationwide to make it a new pillar of our earnings, and asof September 30, 2022, it has expanded to more than
1,900 facilities and 23,000 parking spaces.

(Parking spaces)

2,500

25,0002,000

20,0001,500

15,0001,000

10,000

500

5,000

0

0

2012

2014

2016

BGM Broadcasting Business

１

2018

2020

2022/9Online Business[Commercial use]
BGM service utilizing dedicated mobile network.

A karaoke user community service linked to the DAM
karaoke system. It allows users to film and record
karaoke performances and publish them on theInternet.

[Commercial use ]BGM service utilizing NTT Flet's internet network.

Internet streaming karaoke. A monthly subscription
service that allows users to enjoy karaoke with video
and lyrics with their computer.

[Home use]
Music channel which comes with "Sky Perfect
TV! Premium Service" or "Sky Perfect TV!
Premium Service Hikari."

A monthly subscription service that allows users toview the lyrics displayed on the DAM monitor on their
computers.

DAIICHIKOSHO CO., LTD.
Supplementary Briefing Material on Financial Results for the Second Quarter of the Year Ending March 31, 2023

21

FY2022

The earnings forecast of this material has been made based on information
available as of its publication date, and actual operating results may differ fromsuch forecasts due to various factors.

For questions regarding this material, please contact
Corporate Planning Division(TEL: 03-3280-2774).

１

DAIICHIKOSHO CO., LTD.
Supplementary Briefing Material on Financial Results for the Second Quarter of the Year Ending March 31, 2023