■Information for Shareholders
Businessterm

From April 1 of each year to March 31 of thefollowing year

Ordinary General
Meeting of Shareholders

June of each year

Record date for above

Ordinary General Meeting of Shareholders: March 31
Other occasions: Other record date separately
determined as necessary upon a prior public notice

Record date of shareholders toreceive dividends from surplus

Year-end dividend: March 31
Interim dividend: September 30

Number of sharesconstituting one unit

100 shares

Newspaper in which
public notices are inserted

The Nikkei

Transfer agent and accountmanagement institution forthe special account

Mitsubishi UFJ Trust and Banking Corporation

Contact of above(postal address andtelephone number)

Mitsubishi UFJ Trust and Banking Corporation,
Corporate Agency Division
7-10-11 Higashisuna, Koto-ku, Tokyo 137-8081
Telephone: 0120-232-711 (toll-free in Japan only)

Securities code

7458

Shareholder Special Beneﬁts
Shareholders recorded in the ﬁnal shareholder registry on September 30, 2014 as holding 100 or more shares will be granted special
beneﬁts coupons according to the number of shares held.
Details of beneﬁts
Number of shares held

Issued semiannually

Vol.38 April 1, 2014 to September 30, 2014

Business Report for the First Half of the 40th Term

Special beneﬁts coupon(*1) Exchange with CD(s)(*2)

100 to 999 shares

Ten sheets of 500-yen coupon

1 CD

1,000 shares or more

25 sheets of 500-yen coupon

2 CDs(*1) T he coupons can be used at businesses operated by the Company
including“BIG ECHO”karaoke shops and restaurants such as“Rakuzo,”“Umeko No Ie”and“Bisutoroya.”(*2) CD albums are granted in exchange for total face value of coupons held.

Timing of delivery: On or after December 4, 2014
Validity period: January 1, 2015 to June 30, 2015

C O N T E N T S
To Our Shareholders
Overview by Segment
Consolidated Financial Summary
Corporate Profile
Status of the Shares of the Company[NOTICE]

1. Account management institution where a shareholder has
its account with (securities company, etc.) is principally
responsible for handling shareholder's address change,
repurchase requests and other processes. The relevant
inquiries should be made to the securities company, etc.,
where the shareholder has its account with. Please notethat the transfer agent (Mitsubishi UFJ Trust and Banking
Corporation) does not handle such processes.
2. Mitsubishi UFJ Trust and Banking Corporation serves as
the account management institution to handle
procedures concerning shares registered in special
accounts. The relevant inquiries should be made to theaccount management institution for the special accountspecified above (Mitsubishi UFJ Trust and Banking
Corporation). All domestic branches of Mitsubishi UFJ
Trust and Banking Corporation also accept inquiries.
3. Outstanding dividends can be received at the head officeand branches of Mitsubishi UFJ Trust and Banking
Corporation.
Securities code: 7458

To Our Shareholders

President

Saburo Hayashi

It gives me great pleasure to present theBusiness Report of DAIICHIKOSHO CO., LTD. (the“Company”) for the first half of the 40th Term(April 1, 2014 to September 30, 2014).
In the first half under review, the DAIICHIKOSHOGroup steadily expanded the share of its karaokebrand, DAM in all markets of commercial karaokewith a comprehensive product lineup centeredon LIVE DAM RED TUNE, which was launched in
April. The elder business (business aimed at theelderly), into which the Group has channeledmuch effort over recent years, performed
robustly with the number of facilities that haveintroduced the DK ELDER SYSTEM surpassing
15,000 facilities, and this business contributed tostable growth as a new pillar in the commercial

1

T okaraoke business.
Meanwhile, we have been aggressively opening
new shops for the karaoke room business BIG
ECHO, and new restaurants, mostly dining bars,
to expand the scale of these businesses as thegrowth drivers of the DAIICHIKOSHO Group.
The Company has been steadily expanding its
business operations centered on the karaokebusiness by putting its company slogan“Bringing
More Music and Entertainment to People Around
the World”into practice through its businessactivities. Looking forward, we will further
enhance and strengthen our business foundation
as a leading company in the karaoke industry.
As we proceed with this endeavor, the entire
Group will keep working as one to meet the
expectations of all our shareholders. Please
accept my sincerest thanks in anticipation of yourongoing support.

Overview of First Half of FY2014
During the first half under review, Japan's
economy continued to experience economic
uncertainty, not just from a reactive lull
following a rush in demand ahead of theconsumption tax increase, but also fromsluggish consumer spending due to bad
weather such as typhoons and torrential rain in
July and August, concerns of rises in the cost of
goods, among other factors.
In the karaoke industry, in contrast to thecontinuing trend of declining number of shops
in the night-time market, the karaoke room
market was vibrant with a push by large
operators to open shops and showed anincreasing trend in the number of karaokerooms. The elder market, an expected growtharea, also expanded robustly, and across all
markets, the number of karaoke systems in use
increased slightly.
As a result of carrying out various measuresin each business, net sales for the first half
under review amounted to 65,046 million yen(up 0.2% compared with the corresponding
period of the previous fiscal year). Operating
income totaled 9,688 million yen (down 4.0%),
ordinary income amounted to 10,791 million
yen (down 0.6% ) and net income came to6,491 million yen (up 5.3 %). These figures fornet sales and net income represent all-timehighs for the first-half period.

Outlook for FY2014
The outlook for the fiscal year ending March
31, 2015 remains unchanged from the full-yearbusiness performance forecasts announced on
May 12, 2014: net sales of 134,000 million
yen, operating income of 19,500 million yen,ordinary income of 21,300 million yen, and net
income of 12,200 million yen.

O u r

S h a r e h o l d e r s

Consolidated Financial Highlights
Net salesFirst half

Full year (Millions of yen)

134,000(Forecast)

127,885

127,246

128,901

130,587

60,83362,15062,74764,92465,04636th Term

37th Term

38th Term

39th Term

40th Term

Operating income

First half

Full year (Millions of yen)

19,50018,774

18,395

19,139(Forecast)

9,124

9,111

9,464

10,0899,688

36th Term

37th Term

38th Term

39th Term

40th Term

16,510Ordinary income

First half

Full year (Millions of yen)

21,30020,544

22,28021,227(Forecast)

9,575

9,944

10,135

10,85910,79136th Term

37th Term

38th Term

39th Term

40th Term

17,457

Net income

9,590First half

10,689Full year (Millions of yen)

12,20012,81913,084(Forecast)

5,388

5,256

5,911

6,167

6,491

36th Term

37th Term

38th Term

39th Term

40th Term

2

Overview by Segment
Commercial Karaoke Business

T O P I C S (Commercial Karaoke Business)
49.3%

32,056 million yen

Net sales:(year-on-year decrease of 5.0%)

Operating income:

7,244 million yen(year-on-year decrease of 1.1%）

In the commercial karaoke business, the
DAIICHIKOSHO Group worked on the product front toenhance its lineup of products by launching in April
38.9%
this year LIVE DAM RED TUNE, a third
generation
system of the LIVE DAM series, which proved popularin the market. On the sales front, the Group
continuously worked to strengthen the stock typebusiness structure by increasing shipments ofequipment rentals and strengthening such measures
as expanding the elder market. As a result, both thenumbers of DAM systems in use and system rental
contracts, which provide a stable source of revenue,
steadily increased.
Nevertheless, with the absence of 6.9
the% contribution
from transactions to large operators that occurred in
the corresponding period of the previous fiscal year,
net sales of the commercial karaoke businesssegment decreased 5.0% and operating income
decreased 1.1%.
Net sales for first half

(Millions of yen)

33,736

Operating income for first half
(Millions of yen)

32,056
7,327

39th Term

3

40th Term

39th Term

7,244

4.9%

40th Term

Karaoke Room and Restaurant Business
38.9%◆Strengthening Content for Kids and Family

The DAIICHIKOSHO Group strengthened content in all
genres to accompany the launch of the new productLIVE DAM RED TUNE. In particular, the Group enhanced
content for kids and family. The Group distributed alarge volume of songs and videos from TV program“With Mother”, which is popular among younger
children. Other songs and video popular among kids
were steadily distributed, including Yokai Watch, KAMENRIDER GAIM, DOKIDOKI! PRECURE, and Tomica Plarail
no Uta. Through these measures, the Group is striving topromote karaoke
use among families,
as part of our wish
to make karaoke afamiliar leisureactivity close to thehearts of people ofmany ages.
Image from“With Mother”©NHK◆Facilities with DK ELDER SYSTEM
Surpassed 15,000 Facilities

The number of facilities that haveintroduced the DK ELDER SYSTEM,
which supports improvement in“oral, motor, and cognitive”
functions among the elderly,
surpassed 15,000 facilities in
September 2014. While this partly
reflects the result of strengthening
the sales system, it also shows
the needs for“health”are rising
as we have expected.
   Looking to the future, please
expect much of the elder
business, whose market is
expected to grow.

DK ELDER SYSTEM
recommended model FREE DAM

T O P I C S (Karaoke Room and Restaurant Business)◆BIG ECHO in Industry First to Surpass 400 Shops

25,278 million yen

Net sales:(year-on-year increase of 11.0%）

Operating income:

3,229 million yen(year-on-year increase of 4.0%）

6.9%

In the karaoke room and restaurant business, the
DAIICHIKOSHO Group has made progress in its efforts inthe karaoke room business on new shop development,
and development of its karaoke shops as multi-brand or
as complexes to acquire a broad customer base. In
addition to the new challenge of opening shops with a
new industry-first shop format that combines
convenience store with karaoke room, efforts have also
been focused on developing famous-artist-themed
collaboration rooms. In the restaurant business, the
DAIICHIKOSHO Group concentrated on developing shop
formats suited to the locality and target customer range
to respond rapidly and accurately to the changes inmarket and customer needs.
As a result of the above, net sales of the karaoke
4.9% roomand restaurant business segment for the period underreview increased 11.0% compared with thecorresponding period of the previous fiscal year owing
not only to the contribution of revenues by the two
subsidiaries acquired in February this year, but also theeffect of new shop openings and improvements atexisting shops. Operating income also increased 4.0%.
Net sales for first half

(Millions of yen)

22,78239th Term

Luxury, high-class BIG ECHO

Casual-style BIG ECHOOperating income for first half
(Millions of yen)

25,27840th Term

In December 2014, the karaoke room business BIG ECHO will
become the first in the industry to surpass 400 shops.
   Presently BIG ECHO boasts the highest number of shops inthe industry. Looking forward, the DAIICHIKOSHO Group willfurther secure its position as the leading company in the
karaoke industry by expanding its business scale and raising
share of its DAM systems through the acceleration of new
shop openings.
  In addition, the Group aims to be the industry No.1 brand notjust in terms of the number of shop but also in terms ofcustomer satisfaction by improving the quality of shops throughpersonnel training in tandem with the business growth.
   Among the karaoke room formats, in addition to the twobrands BIG ECHO (English logo), which are luxury, high-classshops, and BIG ECHO (Japanese logo), which are casual-style
shops, the Group aims to attract a wide range of customers tosuit various locations by developing self-service karaoke shopsthat allow customers to freely bring in food and beverages.
  Looking forward, the DAIICHIKOSHO Group will make efforts
to further enhance services that put smiles on customers' faces
as they enjoy BIG ECHO karaoke.

Self-service karaoke shops (freely bring in own food and beverage)
Shops combined with convenience stores KARAOKE CLUB DAM

3,103

3,229

39th Term

40th Term

Self-service karaoke shops (freely bringin own food and beverage)
Stand-alone karaoke shops (locatedclose to convenience stores, etc.)
Happy party!
Produced by BIG ECHO

4Overview by Segment
Music Software Business

6.9%

4.9%

T O P I C S (Music Software Business)

Other Business

T O P I C S (Other Business)

Two New Streaming Karaoke Consumer
Services have Started

Profiles of Much-Talked-About Artists

4,484 million yen

Net sales:(year-on-year decrease of 6.0%)
Operating income:33 million yen(year-on-year decrease of 91.8%)

4.9%

In the music software business, works that
contributed to revenues were works by young artists
such as Sonar Pocket and LOVELY DOLL as well as
the DVD of the STUDIO GHIBLI film, The Wind Rises(Kaze Tachinu ), in addition to mainstay enka (popularballads) works by artists such as Saburo Kitajima andKaori Mizumori.
As a result of the above, net sales of the music
software business segment for the period underr e v i e w d e c r e a s e d 6.0 % c o m p a r e d w i t h t h ecorresponding period of the previous fiscal year
mainly on account of delays and cancellations inworks scheduled for release, and operating income
decreased 91.8% due to video works such as DVDs,
which have a higher cost-price ratio, representing arising share of sales.

Net sales for first half

(Millions of yen)

4,772

Operating income for first half
(Millions of yen)

4,484
403
33

39th Term

5

40th Term

39th Term

40th Term◆POPS
NanamiSinger-songwriter Nanami's debut single Ai ga Sakenderu , wasreleased by e-stretch RECORDS, after a grand prize-winning
performance of that song at the final of the amateur music
contest The 6th Music Revolution JAPAN FINAL (2013). She ison the way of achieving a big break from this miraculous song. It
is truly a fairy-tale success story as she finished the song in only
30 minutes to send it
in an application
entry for the contest,
won a grand prize at
the national final,
and then made her
debut by recording
the song in a session
with the best of LA's
musicians.

◆Enka (Popular Ballads) / Popular Songs
Nobue Matsubara
This year, Nobue Matsubara
celebrates 35 years since her
debut. As one of the great talentsof female enka singers, she issupported by a great number offans.
   The new song Gassho Kaido is
the first new geographical balladto appear in a while, made in a
first-time collaboration with
Makoto Kitajyo and Junpei Oda.
The geographical setting for thissong is the Gassho Kaido road thatconnects the A-frame houses of thev i l l a ge s o f Sh i r a k a w a - go , Gi f u
Prefecture and Gokayama, Toyama
Prefecture, and the song itself has a more popular music flavor
than Matsubara's other melodies until now.

3,227 million yen

Net sales:(year-on-year decrease of 11.2%)
Operating income:

568 million yen(year-on-year decrease of 17.8%)

In the other business, in addition to making efforts to
expand sales of STAR digio Hikari, a BGM broadcast
service utilizing optical fiber networks in the BGM
broadcasting business, the DAIICHIKOSHO Group also
worked to enhance its services by such means as
starting Hikari Karaoke BOX+@DAM in collaboration
with NTT WEST in July this year so that people canenjoy high quality karaoke at home.
Nevertheless, net sales in the other businesssegment decreased 11.2% compared with thecorresponding period of the previous fiscal year
owing to poor performance from services to mobile
phone, such as ring-tone melodies, and the sale of
one hotel in October last year. Operating income
decreased 17.8%.

Net sales for first half

(Millions of yen)

3,632

Operating income for first half
(Millions of yen)

3,227
691

39th Term

40th Term

39th Term

568
40th Term

1. Hikari Karaoke Box+@DAM (Service started July 1, 2014)

The DAIICHIKOSHO Group has started Hikari Karaoke Box+@DAM,
which is a karaoke application for consumers that the Groupdeveloped jointly with NTT WEST. This streaming
service provides sound delivery of commercialservice communication-compatible karaoke LIVEDAM with a set-top box provided by NTT WEST.
It has received tremendous reception as itenables people to practice karaoke in their own
homes and proves useful forcommunication with friends
and family.
  The service can be used ata reasonable 500 yen permonth (excluding tax) for
which subscribers can enjoy
more than 100,000 songs.

2. Xbox One Karaoke@DAM (Service started November 18, 2014)

The DAIICHIKOSHO Group has started a karaoke application
Karaoke@DAM service for the console game machine Xbox One,
which was jointly developed by Microsoft Japan.
In addition to providing the sound and video ofLIVE DAM, the application includes SEIMITSU
SAITEN ONE, an arrangement of the SEIMITSU
SAITEN DX that has become familiar throughtelevision programs. Users can enjoy authentic
ratings of performance while
singing karaoke at home. To
use this service, which also
provides more than 100,000
songs, users can purchase a
24-hour ticket for 300 yen(excluding tax) or a 30-day
ticket for 1,000 yen (excluding tax) via the Xbox One game unit.
   The DAIICHIKOSHO Group is working to expand all services inorder to further raise recognition of the DAM brand, which is being
fostered by the commercial karaoke business, and attract karaokeusers to karaoke shops. We will appreciate your further
understanding and support.

6

Consolidated Financial Summary■Condensed Consolidated Balance Sheet for First Half

(Millions of yen)Item

39th TermFirst half of 40th Term

As of March 31, 2014 As of September 30, 2014

Assets63,72972,189Non-current assets

97,857

100,823

55,67958,774

7,691

7,521

34,48634,528Intangible assets
Investments and other assets
Total assets

161,587

173,013

Liabilities
Current liabilities

26,64724,303

Non-current liabilities

32,67042,388

Total liabilities

59,31866,692

101,270

105,568

Capital stock

12,35012,350Capital surplus

4,001

4,001

84,92689,225(7)(8)

Accumulated other comprehensive income

(156)

(426)

Valuation difference on available-for-sale securities

1,172

810

Revaluation reserve for land

(777)

(777)

Foreign currency translation adjustment

51

93

Remeasurements of defined benefit plans

(602)

(552)

1,153

1,178

Total net assets

102,268

106,321

Total liabilities and net assets

161,587

173,013Retained earnings
Treasury shares

Minority interests* Amounts of less than one million yen are truncated.
39th Term First half of 40th Term
[Notes]7

1. Guarantee obligation
2. Net assets per share●Current assets
The 8,460 million yen increase in current assets was
mainly due to an increase of 8,143 million yen in cash andexpenses-other included in other, a decrease of 504
million yen in notes and accounts receivable-trade, adecrease of 407 million yen in inventories.

●Non-current assets
The 2,965 million yen increase in non-current assets was
mainly due to an increase of 1,382 million yen in
construction in progress included in other, an increase of

19 million yen
1,736.70 yen

7 million yen
1,812.11 yenplease see the Financial Highlights section on the Company's website: http://www.dkkaraoke.co.jp/english/financial.html■Condensed Consolidated Statements for First Half

(Millions of yen)Item
Net sales
Cost of sales
Gross profit
Selling, general and administrative expenses

First half of 39th Term First half of 40th Termfrom April 1, 2013
from April 1, 2014
to September 30, 2013 to September 30, 2014

64,92465,04637,522

38,53527,402

26,511

17,312

16,823

10,089

9,688

Non-operating income

1,203

1,312

Non-operating expenses

433

209

10,85910,791

Operating income

Ordinary income

1,236 million yen in karaoke equipment for rental and a

Extraordinary income

3

187

decrease of 587 million yen in investment securities.

Extraordinary losses

202

159

10,66010,819

Income taxes-current

4,765

4,685

Income taxes-deferred

(325)

(387)

Income before minority interests

6,220

6,521

●Current liabilities
The 2,344 million yen decrease in current liabilities was
mainly due to a decrease of 785 million yen in income
taxes payable, a decrease of 759 million yen in accounts
payable-other, a decrease of 439 million yen in notes andaccounts payable-trade.

Net assets
Shareholders' equity

P O I N T

deposits, an increase of 962 million yen in prepaid

Current assets
Property, plant and equipment▶ For detailed financial information,●Non-current liabilities
The 9,717 million yen increase in non-current liabilities
was mainly due to an increase of 10,066 million yen in

Income before income taxes and minority interests

Minority interests in income
Net income

52

29

6,167

6,491

* Amounts of less than one million yen are truncated.
First half of 39th Term First half of 40th Term
[Notes]

Net income per share103.27 yen

111.75 yen

long-term loans payable and a decrease of 488 million
yen in net defined benefit liability.

■Condensed Consolidated Statements of Cash Flows for First Half

(Millions of yen)

ItemFirst half of 39th Term First half of 40th Termfrom April 1, 2013
from April 1, 2014
to September 30, 2013 to September 30, 2014

Net cash provided by (used in) operating activities

12,746

11,442

Net cash provided by (used in) investing activities(9,109)(10,804)

Net cash provided by (used in) financing activities(2,503)

7,071

Effect of exchange rate change on cash and cash equivalents

(24)

66

Net increase (decrease) in cash and cash equivalents

1,108

7,775

Cash and cash equivalents at beginning of period

41,96344,381

Cash and cash equivalents at end of period

43,071

52,156* Amounts of less than one million yen are truncated.

P O I N T
●Net sales

Although the absence of the transaction to large
operators in the commercial karaoke business that
occurred in the corresponding period of the previous
fiscal year and the poor sales in the music software
business both contributed to decreased sales, sales
increased in the karaoke room and restaurant businessowing mainly to the contribution of subsidiaries acquiredin the previous fiscal year and the improvements atexisting shops. As a result, net sales totaled 65,046 million
yen, a 0.2% increase compared with the corresponding
period of the previous fiscal year. This figure represents anall-time high for the first-half period.

●Operating income and ordinary income

Although the karaoke room and restaurant businessrecorded an increase in income, the music software
business and the other business experienced drops inincome. As a result, operating income totaled 9,688
m i l l i o n y e n , a 4.0 % d e c r e a s e c o m p a r e d w i t h t h ecorresponding period of the previous fiscal year, andordinary income fell 0.6%, to 10,791 million yen.

●Net income

Despite the decreases in operating income and ordinary
income, a reduction in the income tax burden resulted in
net income of 6,491 million yen, a 5.3% increase
compared with the corresponding period of the previous
fiscal year. This figure represents an all-time high.

P O I N T
●Net cash provided by (used in) operating activities

・Income before income taxes and minority interests 10,819 million yen
・Depreciation and amortization
6,554 million yen
・Decrease in notes and accounts payable-trade
503 million yen●Net cash provided by (used in) investing activities
・Purchase of property, plant and equipment
・Purchase of intangible assets
・Payments for acquisition of video licenses

7,693 million yen
2,052 million yen
985 million yen●Net cash provided by (used in) financing activities

・Proceeds from long-term loans payable 11,430 million yen
・Cash dividends paid
2,037 million yen
・Repayment of long-term loans payable
1,907 million yen

8Corporate Profile

Status of the Shares of the Company(as of September 30, 2014)

Corporate Profile

39

The DAIICHIKOSHO Group

Corporate name

DAIICHIKOSHO CO., LTD.

Location

5-5-26 Kitashinagawa, Shinagawa-ku,
Tokyo 141-8701
Telephone: +81-3-3280-2151 (switchboard)

Established

April 16, 1973

Paid-in capital

12,350 million yen

Number of
employees

The Company
The Groupcompanies

The Company and consolidated subsidiaries

Main Business Activities

Commercial karaoke businessKaraoke room and restaurant business
Music software business

1,579
3,164

Listing on JASDAQ September 19, 1995

Officers (as of September 30, 2014)
Tadahiko Hoshi

Honorary Chairman
Senior Managing Director and Senior Corporate Officer
Senior Managing Director and Senior Corporate Officer
Senior Managing Director and Senior Corporate Officer
Managing Director

and Senior Corporate Officer

Managing Director

and Senior Corporate Officer

Managing Director

and Senior Corporate Officer

Directorand Corporate Officer

Directorand Corporate Officer

Directorand Corporate Officer

Standing Corporate Auditor (Outside)Standing Corporate Auditor
Corporate Officer
Corporate Officer
Corporate Officer
Corporate Officer
Corporate Officer
Corporate Officer
Corporate Officer
Corporate Officer

9

1.98

1,093,600

1.88

JPMorgan Chase Bank 385632

1,002,800

1.73

HYOGO DAIICHIKOSHO CO., LTD.

NAGANO DAIICHIKOSHO CO., LTD.

KYUSHU DAIICHIKOSHO CO., LTD.

Yasutaka Wada

SAITAMA DAIICHIKOSHO CO., LTD.

SHIZUOKA DAIICHIKOSHO CO., LTD.

OKINAWA DAIICHIKOSHO CO., LTD.

DAIICHIKOSHO MUSIC PUBLISHING, INC.

Michitoshi Tsuruoka

NIPPON CROWN CO., LTD.

ZOOM REPUBLIC, INC.

Nobuyuki Takase

CROWN TOKUMA music distribution, Inc. Maruhagi Yoshu Kogyo Co., Ltd.

TOKUMA JAPAN COMMUNICATIONS CO., LTD. UNION TV&MONITOR PICTURE CO., LTD.
CROWN MUSIC, INC.

ADVAN, K.K.

Tri-M, Inc.

Gold Ltd.

Shigeki Kobayashi

Osamu Arima

Keisuke Totsuka

URL

http://www.dkkaraoke.co.jp/

Official website

BIG ECHODAM★Tomo

Financial instruments
business operators
131（0.2%）

Financial institutions
7,260（12.5%）
Business companies
and other corporations
5,785（10.0%）

http://big-echo.jp/

Individual shareholders
and others
23,231（40.0%）

Foreign companies
and individuals
21,614（37.3%）■Stock price (monthly candlestick chart)

DK ELDER SYSTEM

Stock price trend (Yen)

http://www.clubdam.com/damtomo/

4,000
3,000
2,000

Number of shares traded (Millions of shares)

Overseas subsidiaries: 3 companies

4
3
2

DAIICHIKOSHO (SHANGHAI) TRADE CO., LTD.

DAIICHIKOSHO (SHANGHAI) LTD.

Information to help everyone invest, the latest
information on BIG ECHO, DAM ★ Tomo andother information are posted on our website.
(Japanese only)
Please visit us online and find more details.

■Shareholding Ratio by Category (thousands of shares/shareholding ratio)

1,000

D.K. KOREA CO., LTD.

The Company's website(Note) The Company holds 2,766 treasury shares.

Other domestic subsidiaries: 12 companies
DK Finance CO., LTD.

Harutoshi Hoshi

4.22

Japan Trustee Services Bank, Ltd. (Trust Account)

NIIGATA DAIICHIKOSHO CO., LTD.

Kenji Otsuka

9.13

2.39

TOCHIGI DAIICHIKOSHO CO., LTD.

Hiroshi Kunitsu

5,299,475

1,148,000

GUNMA DAIICHIKOSHO CO., LTD.

Akihito Yoshizawa

State Street Bank and Trust Company

1,386,700

Tadahiro Hoshi

Hisahiro Ogura

10.55

Mitsubishi UFJ Trust and Banking Corporation

TOKAI DAIICHIKOSHO CO., LTD.

KEIHAN DAIICHIKOSHO CO., LTD.

Masumi Arichika

Corporate Auditor (Outside)

6,119,600

NORTHERN TRUST CO. (AVFC) RE 15PCT TREATY ACCOUNTJOHOKU DAIICHIKOSHO CO., LTD.

DAIICHIKOSHO KINKI CO., LTD.

Nobuaki Otsuka

Standing Corporate Auditor (Outside)

Harutoshi Hoshi

HOKKAIDO DAIICHIKOSHO CO., LTD.

SHONAN DAIICHIKOSHO CO., LTD.

Yoshimi Shimizu

Director (Part-time)

10.76

3.65

JOSAI DAIICHIKOSHO CO., LTD.

Noriyuki Takehana(%)

6,246,000

2.91

JYOBAN DAIICHIKOSHO CO., LTD.

Mitsuru Yoshikawa

Director (Part-time)(share)Tadahiro Hoshi

1,689,000

TOHOKU DAIICHIKOSHO CO., LTD.

Akira Miyake

Number of shares held Ratio of voting rights

Name of shareholder

The Master Trust Bank of Japan, Ltd. (Trust Account)

KYOTO DAIICHIKOSHO CO., LTD.

Yasuhito Watanabe■Major shareholders

2,120,000

JOTO DAIICHIKOSHO CO., LTD.

Yuichi Murai

16,2262,449,800

KITATOHOKU DAIICHIKOSHO CO., LTD.

Hiroshi Mitomi

58,025,000 shares■Number of shareholders

Asahi Breweries, Ltd.

HOKURIKU DAIICHIKOSHO CO., LTD.

Tatsuya Kumagai■Number of shares outstanding

Hoshi Create Limited

TAITO DAIICHIKOSHO CO., LTD.

Kenichi Nemoto■Number of authorized shares 200,000,000 shares

Domestic sales subsidiaries: 24 companies
HIGASHIHOKKAIDO DAIICHIKOSHO CO., LTD.

Saburo Hayashi

President(as of September 30, 2014)

1

2012

2013

2014

Oct. Nov. Dec. Jan. Feb. Mar. Apr. May Jun. Jul. Aug. Sep. Oct. Nov. Dec. Jan. Feb. Mar. Apr. May Jun. Jul. Aug. Sep.

0

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Above screen current as of October 31, 201410