FY2023

Nov. 9, 2023

DAIICHIKOSHO CO., LTD.
Supplementary Briefing Material on Financial Results
for the Second Quarter of the Year Ending March 31, 2024

Overview of Financial Results for the Second Quarter of the Year Ending March 31, 2024:
Contents

1. Overview of Financial Results for the Second Quarterof the Year Ending March 31, 2024

p.2-13

FY2023

2. Outlook of Financial Results
for the Year Ending March 31, 2024 p.14-17- Full-year consolidated performance forecasts- Summary- Factors for change of net sales / operating profit- Statements of income
Performance comparison with FY2022
Factors for change of net sales/operating profit (YoY)- Initiatives by segment- Shareholder returns (Dividend forecasts)

Extraordinary income and losses- Quarterly sales performance- The new Group corporate message- Performance by segment
Commercial karaoke, karaoke cabins and restaurants,
music software, and other１

3. References p.18-23- Primary product lineup- Introducing new DAM products- Financial position (consolidated balance sheets)- Karaoke and restaurant brand list

- Consolidated management indicators- Music software: MusiciansProfitability, soundness, cash flows- Other: Key segments

1

DAIICHIKOSHO CO., LTD.
Supplementary Briefing Material on Financial Results for the Second Quarter of the Year Ending March 31, 2024

FY2023

Overview of Financial Results
for the Second Quarter of the Year Ending March 31, 2024

DAIICHIKOSHO CO., LTD.
Supplementary Briefing Material on Financial Results for the Second Quarter of the Year Ending March 31, 2024

Overview of Financial Results for the Second Quarter of the Year Ending March 31, 2024:
Summary

FY2023

 Due to the downgrading of the status of COVID-19’s classification (as per the Act on the Prevention of Infectious Diseases) in
May, the business environment improved, compared to the same period in the previous year, when businesses were impacted
by the seventh wave of infections.
 Generally progressed according to plans, with a record high for the first six months (71.2 billion yen).
 (Commercial karaoke)
Both the night business and the karaoke cabin markets were on a recovery trend.
New flagship model, LIVE DAM AiR, launched in April, with strong shipments.
The number of DAM systems in operation at the end of the period under review increased by 2% from the end of the previous
period.
 (Karaoke cabins and restaurants)
Due to the downgrading of the status of COVID-19’s infectious disease classification in May, we have seen a recovery trend in
the flow of customers since the beginning of the six months under review.
Net sales at existing stores compared to pre COVID-19
Karaoke cabins: approximate 10% decrease; Restaurants: approximate 10% increase
Year on year
Karaoke cabins: approximate 30% increase; Restaurants: approximate 40% increase Consolidate net sales increased 17.4% year on year, showing improvement in terms of profit as well.
(Year-on-year comparison) Operating profit: +3.9 billion yen; Ordinary profit: +3.9 billion yen; Profit: +0.5 billion yen.** Extraordinary income (subsidy income of 2.8 billion yen) posted in the previous corresponding period was no longer present
in the six months under review.
 The full-year forecast, as updated in August, remains unchanged:

Net sales: 144.5 billion yen; Operating profit: 18.0 billion yen; Ordinary profit 19.1 billion yen; Profit: 12.7 billion yen
 2,331,100 treasury shares (approximately 6.0 billion yen) were purchased during April-September.

１

2

DAIICHIKOSHO CO., LTD.
Supplementary Briefing Material on Financial Results for the Second Quarter of the Year Ending March 31, 2024

Overview of Financial Results for the Second Quarter of the Year Ending March 31, 2024:
Performance comparison with FY2022

FY2023(Millions of yen)

FY2022
1H

FY2023
1H(vs. sales ratio)

Change% change

Net sales

60,671(100.0%)71,256(100.0%)+10,584+17.4%

Operating Profit

5,469（9.0%）

9,377(13.2%)+3,908+71.5%

Ordinary Profit

5,773（9.5%）

9,758(13.7%)+3,985+69.0%

Profit5,990（9.9%）

6,576(9.2%)

+585

+9.8%

Net sales

FY2022
1H

１(vs. sales ratio)

FY2023
1H

Operating Profit

FY2022
1H

FY2023
1H

Ordinary Profit

FY2022
1H

FY2023
1H

ProfitFY2022
1H

FY20231H

3DAIICHIKOSHO CO., LTD.
Supplementary Briefing Material on Financial Results for the Second Quarter of the Year Ending March 31, 2024

Overview of Financial Results for the Second Quarter of the Year Ending March 31, 2024:
Factors for change of net sales / operating profit

FY2023<Year on Year>
Unit: Billions of yen+7.9
Net sales

+0.8

71.2

Other

FY2023 1H
Results

(0.0)
+1.7
60.6

FY2022 1H
Results

Commercial Karaoke cabins
karaokeand restaurants+4.3

Music software

+0.0

+0.0

9.3

Operating Profit

5.4
(0.5)
FY2022 1H
Results

１

Commercial Karaoke cabins
karaokeand restaurants

Music software

Other(Including corporate
expenses)

FY2023 1H
Results

4

DAIICHIKOSHO CO., LTD.
Supplementary Briefing Material on Financial Results for the Second Quarter of the Year Ending March 31, 2024

Overview of Financial Results for the Second Quarter of the Year Ending March 31, 2024:
Extraordinary income and losses

FY2023[Extraordinary income and losses]◆ Extraordinary income 2 million yen (2,983 million yen for thesame period of the previous fiscal year)
Main reason- Subsidy income 0 (2,868 million yen for the same period of theprevious fiscal year)
Various benefits, including employment adjustment subsidies andsubsidies for shorter business hours posted in the previous
corresponding period were no longer present in the six months underreview.
◆ Extraordinary losses 129 million yen (44 million yen for the same
period of the previous fiscal year)
Main reason- None１

5

DAIICHIKOSHO CO., LTD.
Supplementary Briefing Material on Financial Results for the Second Quarter of the Year Ending March 31, 2024

Overview of Financial Results for the Second Quarter of the Year Ending March 31, 2024:
Quarterly sales performance(Millions of yen)

Significant COVID-19
impactFY2023

Recovery
period45,00040,00035,00030,00025,00020,00015,00010,000
5,000
0
1Ｑ

2Ｑ

3Ｑ

4Ｑ

FY2019Commercial karaoke

１

1Ｑ

2Ｑ

3Ｑ

FY2020

4Ｑ

1Ｑ

2Ｑ

3Ｑ

4Ｑ

FY2021

Karaoke cabins and restaurants

Music software

1Ｑ

2Ｑ

3Ｑ

4Ｑ

FY2022

1Ｑ

2Ｑ

FY2023

Other businesses

6

DAIICHIKOSHO CO., LTD.
Supplementary Briefing Material on Financial Results for the Second Quarter of the Year Ending March 31, 2024

Overview of Financial Results for the Second Quarter of the Year Ending March 31, 2024:
Performance by segment(Millions of yen)

FY2023

Commercial karaoke

20,00018,00016,00014,00012,00010,000Net sales

8,000

Operatingprofit

6,000
4,000
2,000
0
1Ｑ

2Ｑ

3Ｑ

4Ｑ

1Ｑ

FY2019

2Ｑ

3Ｑ

4Ｑ

1Ｑ

FY2020

2Ｑ

3Ｑ

4Ｑ

1Ｑ

FY2021

2Ｑ

3Ｑ

4Ｑ

FY2022

1Ｑ

2Ｑ

FY2023

Karaoke cabins and restaurants

20,00015,00010,000Net sales
Operatingprofit5,000

0-5,000
1Ｑ

2Ｑ

3Ｑ

FY2019

１

4Ｑ

1Ｑ

2Ｑ

3Ｑ

FY2020

4Ｑ

1Ｑ

2Ｑ

3Ｑ

FY2021

4Ｑ

1Ｑ

2Ｑ

3Ｑ

FY20224Ｑ

1Ｑ

2Ｑ

FY20237DAIICHIKOSHO CO., LTD.
Supplementary Briefing Material on Financial Results for the Second Quarter of the Year Ending March 31, 2024

Overview of Financial Results for the Second Quarter of the Year Ending March 31, 2024:
Performance by segment

FY2023

Music software(Millions of yen)

2,500
2,000
1,500
1,000

Net sales
Operatingprofit

500
0
-500
1Ｑ

2Ｑ

3Ｑ

4Ｑ

1Ｑ

FY2019

2Ｑ

3Ｑ

4Ｑ

1Ｑ

FY2020

2Ｑ

3Ｑ

4Ｑ

1Ｑ

FY2021

2Ｑ

3Ｑ

4Ｑ

FY2022

1Ｑ

2Ｑ

FY2023

Other businesses

4,000
3,500
3,000
2,500

Net sales
2,000

Operatingprofit

1,500
1,000
500
0
1Ｑ

2Ｑ

3Ｑ

FY2019

１

4Ｑ

1Ｑ

2Ｑ

3Ｑ

FY2020

4Ｑ

1Ｑ

2Ｑ

3Ｑ

FY2021

4Ｑ

1Ｑ

2Ｑ

3Ｑ

FY20224Ｑ

1Ｑ

2Ｑ

FY20238DAIICHIKOSHO CO., LTD.
Supplementary Briefing Material on Financial Results for the Second Quarter of the Year Ending March 31, 2024

The Second Quarter of the Year Ending March 31, 2024:
Commercial karaoke

FY2023

Commercial karaoke(Millions of yen)

FY2022 1H(vs. sales ratio)

FY2023 1H(vs. sales ratio)

Change% change

Net sales

28,716(100.0%)30,483(100.0%)+1,766

6.2%

Operating profit

7,472(26.0%)

6,947(22.8%)(525)(7.0)%[Notes]
Factors for change of segment profit
Increase insales+1,766

 launched new flagship model LIVE DAM AiR in
April and shipped more units than originally planned.
 sought to strengthen the stable profit base byincreasing the number of equipment rentals andexpediting the replacement of previous models withnewer ones.

Increase incost and SG&A

 strived to improve our Karaoke DAM products byfurther expanding our visual content, including live
videos, animated videos, and music videos.

(2,291)7,472

FY2022 1H

１

6,947

FY2023 1H

 In the seniors’ market, strove to increase number ofunits in operation, as number of facilities allowing
sales visits increased; utilized web as well.
 net sales increased owing to strong shipments of
new products and steady increases in the number of
equipment rentals and the number of DAM units inoperation, while operating profit decreased due toan increase in costs and in SG&A expenses.

9

DAIICHIKOSHO CO., LTD.
Supplementary Briefing Material on Financial Results for the Second Quarter of the Year Ending March 31, 2024

The Second Quarter of the Year Ending March 31, 2024:
Karaoke cabins and restaurants

FY2023

Karaoke cabins and restaurants(Millions of yen)
FY2022 1H(vs. sales ratio)

FY2023 1H(vs. sales ratio)

Change% change

Net sales

22,702(100.0%)30,685(100.0%)+7,983

35.2%

Operating profit(1,671)-2,680(8.7%)+4,352-[Notes] Karaoke: Open 3, Close 2, Number of karaoke cabins at theperiod-end 509

Factors for change of segment profit
Increase insales+7,983

Restaurant: Open 5, Close 9, Number of restaurants at theperiod-end 167
 Due to the downgrading of the status of COVID-19’s infectious
disease classification in May, we have seen a recovery trend in
the flow of customers since the beginning of the six months
under review.

Increase incost and SG&A

 Existing stores compared to pre COVID-19:
Karaoke cabins 90%; Restaurants 110%
 Existing stores year on year:
Karaoke cabins 130%; Restaurants 140%

(3,630)2,680(1,671)
FY2022 1H

１

FY2023 1H

 BIG ECHO karaoke cabins, we tried to bring back customers
visiting karaoke cabins through collaboration with popular artists
as well as various campaigns making 35th anniversary more
exciting, such as the Good Company Room and BIG ECHO
Karaoke Grand Prix, while introducing the top-end model early inan effort to enhance customer satisfaction.
 For restaurants, we made efforts to increase customer traffic in awide-ranging manner by, for example, expanding the call center
function to win more reservations for banquets and opening threepremises in the darts business.

10

DAIICHIKOSHO CO., LTD.
Supplementary Briefing Material on Financial Results for the Second Quarter of the Year Ending March 31, 2024

The Second Quarter of the Year Ending March 31, 2024:
Music software and other businesses

FY2023

Music software(Millions of yen)

FY2022 1H

Net sales(vs. sales ratio)

FY2023 1H(vs. sales ratio)

Change% change

3,221(100.0%)3,169(100.0%)(51)(1.6)%

98(3.1%)

156(4.9%)+57

58.0%

Operating profit[Note]
 Product sales of CDs and DVDs and the TV program production business progressed nearly as planned, while the musicindustry has been booming again as events and concerts have resumed.

Other businesses(Millions of yen)
FY2022 1H

Net sales
Operating profit(vs. sales ratio)

FY2023 1H(vs. sales ratio)

Change% change

6,030(100.0%)6,917(100.0%)

+886

14.7%

788

(13.1%)

795(11.5%)+7

0.9%[Notes] The parking business operating “The Park” brand made steady progress, and the business scale expanded to more than
2,300 parking facilities and 28,000 parking spots as of the end of the six months under review.
 We strove to expand recognition of “The Park” brand through TV commercials targeting land owners.

１

11

DAIICHIKOSHO CO., LTD.
Supplementary Briefing Material on Financial Results for the Second Quarter of the Year Ending March 31, 2024

The Second Quarter of the Year Ending March 31, 2024:
Consolidated balance sheets

FY2023(Millions of yen)

As ofMarch 31, 2023

188,623

AssetsCurrent
assetsNon-current
assets174,219
75,200ChangeNotes(14,403)(18,229)

Decrease in cash and deposits due
to repayment of borrowings,
purchase of treasury shares andpayment of dividends
Increase in property, plant andequipment such as karaokeequipment for rental and karaokecabin and restaurant facilities

95,19399,019＋3,82580,707

68,358(12,349)

Current
liabilities

35,28833,064(2,224)

Decrease in notes and accounts
payable-tradeNon-current
liabilities

45,41935,294(10,124)

Decrease in long-term borrowings

107,915

105,860(2,054)

Liabilities

Net assets

１

93,429As of
Sept. 30, 2023

12

DAIICHIKOSHO CO., LTD.
Supplementary Briefing Material on Financial Results for the Second Quarter of the Year Ending March 31, 2024

The Second Quarter of the Year Ending March 31, 2024:
Consolidated management indicators

FY2023

Profitability
FY2022 1H

FY2023 1H

ChangeOperating profit to net sales (%)

9.0%

13.2%

+4.2%pt

Basic earnings per share (yen)

54.86

60.91

+6.05

Soundness
As of March 31, 2023
Net assets (Millions of yen)

As of Sept. 30, 2023

107,915

105,860+2,054

56.4%

59.9%

+3.5%pt

Equity ratio (%)

Cash flows(Millions of yen)
FY2022 1H

１ChangeFY2023 1H

ChangeCash flows from operating activities

11,3679,446(1,920)Cash flows from investing activities(5,901)(9,676)(3,774)

Cash flows from financing activities(3,500)(19,450)(15,950)

Net increase (decrease) incash and cash equivalents

1,998(19,613)(21,612)

Cash and cash equivalents
at end of period

70,12451,810(18,314)

Free cash flows

5,465

(229)

(5,694)13

DAIICHIKOSHO CO., LTD.
Supplementary Briefing Material on Financial Results for the Second Quarter of the Year Ending March 31, 2024

FY2023

Outlook of Financial Results
for the Year Ending March 31, 2024

DAIICHIKOSHO CO., LTD.
Supplementary Briefing Material on Financial Results for the Second Quarter of the Year Ending March 31, 2024

Outlook of Financial Results for the Year Ending March 31, 2024:
Full-year consolidated performance forecasts

FY2023(Millions of yen)

FY2021

FY2022

FY2023 (forecast)(year ended March 31, 2022)(year ended March 31, 2023)(year ending March 31, 2024)

Net sales

FY2023 1H

Progress

94,787(100.0%)128,156(100.0%)144,500(100.0%)71,256(100.0%)49.3%

Operating profit

(289)

-

12,954(10.1%)

18,000(12.4%)

9,377(13.2%)

52.1%

Ordinary profit

888(0.9%)

13,601(10.6%)

19,100(13.2%)

9,758(13.7%)

51.1%

5,196

(5.5%)

8,320(6.5%)

12,700(8.7%)

6,576(9.2%)

51.8%

ProfitEarnings Per
Share （EPS）*1

47.61 yen

76.21 yen

Net sales

Operating Profit
144,500

150,000

118.85 yen

20,00018,000128,156
15,000100,000

12,954

94,78760.91 yen

Ordinary Profit
19,10020,00015,00071,256

Profit15,00012,70013,601

10,0009,377

10,000

-

8,320

9,758

10,000

6,576
5,196

5,000
5,000

50,000
5,000
0

(289)
△289
△5,000-5,0000

FY2021 FY2022 FY2023
Results Results Forecast

888
0

FY2021 FY2022 FY2023
Results Results Forecast

0

FY2021 FY2022 FY2023
Results Results Forecast

FY2021 FY2022 FY2023
Results Results Forecast*1 Shares were split on April 1, 2023 at a ratio of 2 for 1 common share. Basic earnings per share were calculated as if said split had been carried out at the
beginning of FY2021.
*2 The earnings forecast has been made based on information available as of the publication date of this material, and actual operating results may differ fromsuch forecasts due to various factors.

１

14

DAIICHIKOSHO CO., LTD.
Supplementary Briefing Material on Financial Results for the Second Quarter of the Year Ending March 31, 2024

Outlook of Financial Results for the Year Ending March 31, 2024:
Factors for change of net sales / operating profit

FY2023

Unit: Billions of yen

Net sales

+11.5

+0.6

+1.4

144.5

Other

FY2023
Forecast

+2.7
128.1

FY2022
Results

Commercial Karaoke cabins
karaokeand restaurants+6.2

Operating Profit

Music software

＋0.0

18.0

(0.2)

12.9
(1.0)
FY2022
Results

Commercial Karaoke cabins
karaokeand restaurants

Music software

Other(Including corporate
expenses)

FY2023
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 fromsuch forecasts due to various factors.

１

15

DAIICHIKOSHO CO., LTD.
Supplementary Briefing Material on Financial Results for the Second Quarter of the Year Ending March 31, 2024

Outlook of Financial Results for the Year Ending March 31, 2024:
Initiatives by segment

FY2023

Commercial karaoke business• Work to increase the number of DAM systems in operation through a sales structure that utilizes local-based face-to-face sales as wellas websites.
• Pursue investment into replacement of rental equipment assets, with a focus on LIVE DAM AiR which was released for sale in April, as
well as investment into karaoke contents such as soundtracks and video. Strengthen stable profit base and aim to further increase valueof DAM brand.
• Contribute to increasing healthy life expectancies and reducing workloads for nursing home employees through promotion of FREE
DAM LIFE, which was released for sale in October of last year, on the seniors’ market (nursing homes, etc.).
⇒ Despite increased sales due to factors such as an increase in wholesaling and in the number of DAM systems in operation, profit isforecast to decrease due to increased cost of sales and SG&A expenses due to upfront investments to strengthen profit base.

Karaoke cabins and restaurants business• Although customer levels are expected to recover as the COVID-19 pandemic comes to an end, expenses such as utility costs are
expected to increase.
• Work to establish lean earning models and strengthen competitiveness of locations through efforts such as efficient operations(collaboration with darts businesses) and scrap and build.
• For Big Echo, which is approaching its 35th anniversary, appeal to customers with the joy of karaoke, and stimulate the desire to sing,through a variety of campaigns such as collaboration with artists.
⇒ Although results are not expected to reach pre-COVIID-19 levels, sales and profits are forecast to increase due to recovery at existing
stores.

Music software business• Work to discover new artists and create hit songs while also working to construct an earnings models that is not dependent on major hits.
⇒ Sales and profits are forecast to generally be in line with the year ended March 31, 2023.

Other businesses• In the parking business, aim to grow size of business through development of new facilities, including M&As, while also working to
spread awareness of The Park brand through methods such as television commercials.
⇒ Although sales are forecast to increase due to increased sales in the parking business, profits are forecast to decrease due to factors
such as increased SG&A expenses from efforts to spread brand awareness for The Park.

１

16

DAIICHIKOSHO CO., LTD.
Supplementary Briefing Material on Financial Results for the Second Quarter of the Year Ending March 31, 2024

Shareholder returns

FY2023

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 forecasts- We decided to effectively increase the dividend forecast for FY2023 in comparison to the previous fiscal year, at 57 yen (annual) ,in light of the stock split.
FY2022* (Year ended March 31, 2023)

FY2023 Forecast* (Year ending March 31, 2024)

InterimYear-end

AnnualInterimYear-end

Annual56 yen57 yen113 yen

28 yen29 yen(forecast)

57 yen(forecast)

Dividends per share

Payout ratio

74.1%

48.0% (forecast)* Shares were split on April 1, 2023 at a ratio of 2 for 1 common share. Actual dividends amounts before stock split are listed for the fiscal year ended March
31, 2023.
■ Repurchasing of shares
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

Cancelled 2,500,000 shares

April 1, 2023

Stock split at a ratio of 2 for 1 common share.

April 2023

１

toSeptember 2023

Acquired 2,331,000 shares(5,999 million yen)

17

DAIICHIKOSHO CO., LTD.
Supplementary Briefing Material on Financial Results for the Second Quarter of the Year Ending March 31, 2024

FY2023

References

DAIICHIKOSHO CO., LTD.
Supplementary Briefing Material on Financial Results for the Second Quarter of the Year Ending March 31, 2024

References: The new Group corporate message

FY2023The 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/

18

DAIICHIKOSHO CO., LTD.
Supplementary Briefing Material on Financial Results for the Second Quarter of the Year Ending March 31, 2024

References (Commercial karaoke): Primary product lineup
Released for sale April 18, 2023

FY2023

FREE DAM LIFE

LIVE DAM AiR（DAM-F850）（DAM-XG8000R）

Clearer image and sound
DK elder system for the elderly

The highest sound quality,
a live show experience
Further expands the AI experience● ”Ai Assistant” voice recognition feature is compatible with foreign language
speech. ● Saitama Super Arena and Excite Live Hall are added to ”LiveSound” feature. ● Largest collection of actual artist/live show video contents in
the industry (according to in-house investigation).

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

Party DAM 20Ｖ

Cyber DAM ＋(DAM-PD20Ｖ)(DAM-G100W)

Integrated mobile type for hotels
and event venues

Music lineup specialized
for night time
● 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.

Released for sale April 18, 2023

Harmony microphone

SmartDAM AiR(WITM-500P/W)(TM30R)
Easier to use! More enjoyable!
More intuitive confirmation ofreserved songs/manipulation of songs settings● Equipped with new operating panel for intuitive use of most common
karaoke features. ● New search function that encompasses popular songs ineach genre. ● Features antiviral/antibacterial coating.

１

Come with "DAM button" that changes
user's voice to a more singable soundquality● 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

19

DAIICHIKOSHO CO., LTD.
Supplementary Briefing Material on Financial Results for the Second Quarter of the Year Ending March 31, 2024

References (Commercial karaoke):

FY2023Introducing new DAM products (LIVE DAM AiR)

Live hall reverb + Excite Mode
“Hakushu!”(Applause!)

Call & response

Arena!

Sing together, with “minna de utatte!”(everyone together!) ♪
Say “danshi...!”(now the boys...!) ♪
Say “arena!” ♪
Say “hakushu...!”(applause...!) ♪

Display song selections
When search criteria yield
multiple songs, such as
when searching by singer
name only or criteria suchas “1992 rankings,” users
can select from a list.

Which number would
you like?
Tooku Haruka
Short Films
Ibara no michi
ANNY PUMP

OK,
DAM!
OK, DAM!
OsusumekaketeOsusume kakete(Play thesong.)(Play
therecommended
recommended
song.)
Ichiban!
(Numberone!)

Naitemo iindana…
Sindy

Compatible withforeign languages
Compatible with native
speechin foreign
languages,
When search
criteriayield
multiple songs,
suchKorean
as whenincluding
English,searchingby singer name onlyandChinese.
or criteria such as “1992rankings,” users can selectfrom a list.

Moshi-moshi DAM!
(Hey DAM!)

Shout phrases into the mike during
preludes and interludes to get“Danshi!”
responses such as applause or cheering. (Now the boys!)“Joshi!”(Now the girls!)

Let the audience join in
Create spectacular auditory
performances resembling a chorusof thousands.

“Minna de utatte!”(Everyone together!)

Impression videos that are fun to sing to
or to watch

Korokke’s Impression Park
Japanese television personality “Korokke” is the king of parody
impressions, and users can enjoy medleys of some of his biggest
hits. The features includes guide vocals using Korokke’s actual voice,which can be turned on or off, letting users enjoy watching andlistening, or letting them become Korokke and sing for themselves.
On the special Denmoku page where impression characters appear,users can find content such as an impressions picture matchinggame that unlocks a special impressions video when cleared, or
curated playlists of impression medley compositions.

■ Special LIVE DAM AiR site： https://www.clubdam.com/damlineup/livedam_air/

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DAIICHIKOSHO CO., LTD.
Supplementary Briefing Material on Financial Results for the Second Quarter of the Year Ending March 31, 2024

Reference (karaoke cabins / restaurant business):
Karaoke and restaurant brand list

FY2023

Karaoke Shops
Big Echo

Karaoke Mac

Karaoke CLUB DAM

Mega Big

B-GARAGE

ＮＥＷ

Restaurants/Bars
Restaurants / pubs

Bars

RakuzoMinatoichiya

Senyaichiya

JibundokiSushi ya
Harenohi

Totouo

Bars

CELTS

１

Umekono ie

ＮＥＷ Tokachi Ishikari
Hakodate

Kyomachi shizuku

Seseragi wokikinagara

KitchenAmatsuBistro ya

ＮＥＷ
FOREST DINERTokyo Nicks

ＮＥＷ
Matsuri sakaba

Amusement bars

HIGHBALL BAR J’s Bar

REGALO

Darts One

GintenRestaurants / cafes

MARUNOUCHI
BASE

Ginza Coffee

Mochinokipasta

Time is Curry

Ichidan

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DAIICHIKOSHO CO., LTD.
Supplementary Briefing Material on Financial Results for the Second Quarter of the Year Ending March 31, 2024

Reference (Music software): Musicians◆ Enka, Pop◆ Enka, Pop

Tetsuji Kimura

Kaori Mizumori◆ J-pop◆ J-pop

BERRY GOODMAN

Jams Collection

FY202322

DAIICHIKOSHO CO., LTD.
Supplementary Briefing Material on Financial Results for the Second Quarter of the Year Ending March 31, 2024

FY2023

Reference (Other business segments): Key segments
Parking Lot Business
Proposing land utilization and creating more value

Armed with the trust we have built up with our customers
nationwide as a leading company in the karaoke industry, we aredeveloping our metered parking business under the name of "The
Park," proposing effective use of land that contributes to local
communities which satisfy our customers with safety and security.
We provide a thorough support, from establishment of a new
facility to follow-up service. We are promoting this businessnationwide to make it a new pillar of our earnings, and as of
September 30, 2023 have expanded to a scale of 2,300 facilities
and 28,000 parking spaces.
As of mid-April we have begun spreading awareness of The Park
as an attractive option to make use of available land throughtelevision commercials (focused on regionals cities) that feature
Kenichi Mikawa as a fictional Enka singer named “Tochio Katsuyo”(Tochio Katsuyo is a homonym of the Japanese for ‘land use’).

(Parking spaces)(Facilities)
3,000

30,0002,500

25,0002,000

20,0001,500

15,0001,000

10,000

500

5,000

0

0

2011

BGM Broadcasting Business

Mascot character
Tochio Katsuyo

2013

2015

2017

Parking spaces

2019

2021

2023/9

Facillities

Online 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."

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DAIICHIKOSHO CO., LTD.
Supplementary Briefing Material on Financial Results for the Second Quarter of the Year Ending March 31, 2024

FY2023

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).

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DAIICHIKOSHO CO., LTD.
Supplementary Briefing Material on Financial Results for the Second Quarter of the Year Ending March 31, 2024