(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 Fiscal Year ended March 31, 2024 (Japanese GAAP)May 14, 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 General Meeting of Shareholders: June 25, 2024
Scheduled date of filing Securities Report: June 25, 2024
Scheduled date of payment of cash dividends: Supplementary materials for the financial results: No
Briefing session on the financial results: Yes (for institutional investors and analysts)

Tel. (03) 6454 - 0450

(Round down to the nearest million yen)
1. Consolidated financial results for the fiscal year ended March 31, 2024 (April 1, 2023 through March 31, 2024)(1) Consolidated operating results(Percentages indicate year-on-year changes)
Net income attributable toowners of parent
Millions of yen% Millions of yen% Millions of yen% Millions of yen%
Fiscal year ended March 31, 2024
3,016
29.9
328
－
330
－
331
－
Fiscal year ended March 31, 2023
2,322
39.2
27
－
28
－
22
－
Reference) Comprehensive income: 333 million yen (-%) as of March 31, 2024; 28 million yen (-%) as of March 31, 2023
Net sales

Operating income

Ordinary income

Net income per shareReturn on
Return on
equityassetsdilutedyen
yen%%
Fiscal year ended March 31, 2024
105.33－
10.1
8.5
Fiscal year ended March 31, 2023
7.17
－
0.7
0.8
Reference) Equity in earnings (losses) of affiliates: - million yen as of March 31, 2024; - million yen as of March 31, 2023
Net income per share

Operatingmargin%10.9
1.2(2) Consolidated financial position
Total assets

Net assets

Millions of yen

Equity ratio

Millions of yen

As of March 31, 2024
3,919
3,457
As of March 31, 2023
3,842
3,124
Reference) Shareholders' equity: 3,457 million yen as of March 31, 2024; 3,124 million yen as of March 31, 2023

%
88.2
81.3

Net assets per shareYen
1,099.42
993.30(3) Consolidated cash flows
Cash flows from operating
activities
Fiscal year ended March 31, 2024
Fiscal year ended March 31, 2023

Cash flows frominvesting activities

Cash flows from financing Cash and cash equivalents at
end of period
activities

Millions of yen

Millions of yen

Millions of yen

Millions of yen

660
-37

-500
465

-0
-0

2,603
2,435

2. Cash dividends

Year ended March 2023
Year ended March 2024
Year ending March 2025 (Forecast)

1Q-endyen-

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

Total
Dividends

Total
yen
0.00
0.00
0.00

Dividends
on equity%%-

Payout ratio

Millions of yen-

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

Full year

3,200(Percentages indicate year-on-year changes.)
Net income attributable to Net income
Operating income
Ordinary income
owners of parent
per share% Millions of yen% Millions of yen% Millions of yen
%
Yen
6.1
350
6.5
350
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. Changes in accounting policies(1) Changes in accounting policies resulting from revisions of accounting standards: None
(2) Changes in accounting policies except (1): None
(3) Changes in accounting estimation: None
(4) Restatement: None
3. Number of shares issued(1) Number of shares issued at the end of the period (including treasury shares)
As of March 31, 2024

3,152,400 shares

As of March 31, 2023

3,152,400 shares

As of March 31, 2023

7,166 shares(2) Number of treasury shares at the end of the period
As of March 31, 2024

7,240 shares(3) Average number of shares issued during the period
Year ended March 31, 2024

3,145,185 sharesYear ended March 31, 2023

3,146,773 shares(Reference)
1. Non-consolidated financial results for the fiscal year ended March 31, 2024 (April 1, 2023 through March 31, 2024)(1) Non-consolidated operating results
Net sales
%
29.9
39.2

Millions of yen

3,016
2,322

Fiscal year ended March 31, 2024
Fiscal year ended March 31, 2023

Operating income

Net income per shareyen
104.49
6.05

Fiscal year ended March 31, 2024
Fiscal year ended March 31, 2023

Millions of yen

325
23(Percentages indicate year-on-year changes)
Ordinary income
Net income% Millions of yen% Millions of yen
%
327
328
25
19
-

Net income per sharedilutedyen－－(2) Non-consolidated financial position
Total assets
Millions of yen

Net assets

Equity ratio

Millions of yen

As of March 31, 2024
3,911
3,445
As of March 31, 2023
3,834
3,113
Reference) Shareholders' equity: 3,445 million yen as of March 31, 2024; 3,113 million yen as of March 31, 2023

%
88.1
81.2

Net assets per share
Yen
1,095.36
989.95

2. The non-consolidated earnings forecast for the fiscal year ending March 31, 2025 has been omitted considering the materiality of
the non-consolidated information.
*Summary of the financial results is not subject to audit by a certified public accountant or auditing firm.
*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 financial results (4) Consolidated financial forecasts and other forward-looking statements."

Qualitative information on financial results(1) Operating results
During the current consolidated fiscal year, the Japanese economy experienced a moderate recovery supported byrevitalized socioeconomic activities, partly due to the change in the classification of new coronavirus infections fromcategory 2 to category 5 on May 8, 2023. 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 such as concerns about the future of theChinese economy and the current increase in geopolitical risks need to be kept in mind.
The semiconductor industry, to which our group belongs, saw a negative market growth mainly due to reduced demand
for memory in 2023. In 2024 and the medium term, however, demand is 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." In the core fields of safety and robotics, we will maximize customer lifetime value (LTV) by providing added
value through the development of IP core license business, product business, and professional service business, basedon our integrated development system from algorithms and software to our strength, hardware, throughout thedevelopment lifecycle of customer products and services from the planning stage to mass production.

As for specific initiatives and achievements in our focused fields during the current consolidated fiscal year, firstly, inthe safety field, we carried out professional services for existing customers for safe driving assistance and earned
recurring revenue from existing projects from the edge to the cloud. In addition, we have started collaboration with
THine Electronics Inc. to realize an edge AI camera solution for applications such as next-generation smart BEMS
(Building Energy Management Systems). Furthermore, PoC projects in the broader safety field have progressed for
car license plate recognition, human attributes/line of flow recognition, headcount counting, etc., utilizing DMP's highAI image recognition capabilities.
In the robotics field, in addition to carrying out professional services for existing customers, we have promoted activities
to acquire new licenses for autonomous robots through the development of demonstration models and have achieved
positive results. In the business of vision systems for picking robots by Cambrian Inc., a capital and business partner,
we made progress in product shipments and business projects aimed at reducing labor and improving productivity forend customers in the manufacturing industry, particularly the automotive industry by taking advantage of the strengths
in recognition accuracy for transparent and glossy parts and robustness against environmental changes, such as
ambient light. In addition, we have completed connections to major Japanese collaborative robots in addition to
overseas robots already connected in order to expand the ecosystem. Furthermore, we saw active business progresswith customers in the pharmaceuticals, cosmetics, and food industries such as installation in the Dynamic Cell
Production System at the Odawara Plant (Kao Cosmetic Products Odawara) of Kao Corporation. We acquired a portionof Cambrian's Series Seed Plus Preferred Stock (amount paid: about 480 thousand US dollars) on November 29, 2023,
in order to financially contribute to enhancing Cambrian's development capabilities and the competitiveness of products-1-and technologies, and to further strengthen the strategic partnership.
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. We continue to aim to
expand our share in the market segment where we can demonstrate the superiority of this unique 2D/3D integratedchip.
We also participated in various exhibitions to demonstrate our products, services, and technologies, mainly in the fields
of safety and robotics, and focused on attracting new customers.

Regarding the business results for the current consolidated fiscal year, in the product business, we continued mass
production shipments of the RS1 image processing semiconductor and shipped Cambrian Vision Systems and camera
modules for drone mass production. In the IP core license business, we recorded AI/GPU running royalty income,recurring revenue in the safety and robotics fields, and maintenance/support revenues. In the professional service
business, we provided AI/GPU contracted development services.

As a result, for the current consolidated fiscal year, we recorded net sales of 3,016 million yen (up 29.9% from the same
period of the previous year), operating income of 328 million yen (up 1,114.3% from the same period of the previousyear), ordinary income of 330 million yen (up 1,046.9% from the same period of the previous year) and net income
attributable to owners of the parent of 331 million yen (up 1,367.8% from the same period of the previous year).
After carefully examining the recoverability of deferred tax assets, we decided to record deferred tax assets for the
portion that is recoverable and recorded 41 million yen as income taxes-deferred.

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 170 million yen (261 million yen in the same period of the previous fiscal year), mainly due tothe recording of recurring revenue in the safety and robotics fields and maintenance/support revenues in addition to
AI/GPU running royalty income for digital equipment such as digital still cameras, 4K TVs and office automationequipment.
b) Product businessNet sales amounted to 2,758 million yen (1,956 million yen in the same period of the previous fiscal year) due to sales
from Cambrian Vision Systems and camera modules for drone mass production in addition to the strong mass
production shipments of the RS1.
c) Professional service businessNet sales amounted to 87 million yen (104 million yen in the same period of the previous fiscal year) for providing AI
contracted development services in the safety and robotics fields and GPU contracted development services.

A summary of results by field is as follows.
a) Safety field
Net sales amounted to 71 million yen (170 million yen in the same period of the previous year), mainly due to therecording of recurring income and maintenance/support revenues in the IP core license business and providing
professional services.

-2-b) Robotics field
Net sales amounted to 168 million yen (185 million yen in the same period of the previous fiscal year) mainly due tothe recording of sales of Cambrian Vision Systems and camera modules for drone mass production in the productbusiness and providing professional services.
c) Amusement field
Net sales amounted to 2,642 million yen (1,821 million yen in the same period of the previous year), mainly due to themass production shipments of RS1.
d) Other
Net sales amounted to 134 million yen (144 million yen in the same period of the previous fiscal year), mainly due tothe recording of GPU running royalty income for digital equipment and maintenance/support revenues.

(2) Financial position(Assets)
Total assets at the end of the current consolidated fiscal year amounted to 3,919 million yen, up 77 million yen from theend of the previous consolidated fiscal year, mainly due to increases in cash and deposits (up 167 million yen) andinvestment securities (up 475 million yen) and a decrease in accounts receivable and contract assets (down 587 million
yen).
(Liabilities)
Current liabilities and non-current liabilities at the end of the current consolidated fiscal year totaled 461 million yen,down 256 million yen from the end of the previous consolidated fiscal year, mainly due to decreases in accounts payable(down 356 million yen) and contract liabilities (down 14 million yen).
(Net assets)
Total net assets at the end of the current consolidated fiscal year amounted to 3,457 million yen, up 333 million yen
from the end of the previous consolidated fiscal year, mainly due to an increase in retained earnings (up 331 million
yen) resulting from the posting of net income attributable to owners of the parent.
As a result, the net equity ratio was 88.2%.

(3) Overview of Cash FlowsThe balance of cash and cash equivalents at the end of the current consolidated fiscal year was 2,603 million yen.
Net cash provided by operating activities was 660 million yen mainly attributable to positive factors such as a decreasein accounts receivable and contract assets of 587 million yen, depreciation of 41 million yen and income before income
taxes of 330 million yen, and negative factors such as a decrease in accounts payable of 356 million yen.
Net cash used in investing activities was 500 million yen mainly attributable to negative factors such as purchases ofinvestment securities of 472 million yen.
Net cash used by financing activities was 0 million yen attributable to the purchase of treasury shares.

(Reference) Changes in cash flow indicators
March 2020

March 2021

March 2022

March 2023

March 2024

Equity ratio (%)

92.2

93.5

89.2

81.3

88.2

Equity ratio on market value (%)

162.3

250.2

128.5

225.1

308.5

Interest-bearing debt to cash flows ratio (year)

-

-

-

-

-

Interest coverage ratio (times)

-

-

-

-

-

-3-

Calculations are based on consolidated financial figures from the fiscal year ended March 31, 2021.
Equity ratio: Equity / Total assets
Equity ratio on market value: Market value / Total assets
Interest-bearing debt to cash flows ratio: Interest-bearing debt / Cash flows
Interest coverage ratio: Cash flows / Interest payment(Note 1) Market value is calculated based on the number of issued shares excluding treasury stock.
(Note 2) Cash flows from operating activities are used for cash flows.
(Note 3) Since there is no interest-bearing debt balance or interest payment in each period, interest-bearing debt tocash flows ratio and interest coverage ratio are not stated.

(4) Consolidated financial forecasts and other forward-looking statements
The Japanese and global economies are expected to remain uncertain due to such factors as financial instability,
persistent inflation, and increasing geopolitical risks.
On the other hand, in the semiconductor industry, demand for semiconductors for AI/IoT is expected to grow in themedium term. In addition, advances in AI and other technologies are expected to help overcome social andenvironmental challenges, such as the declining birthrate and aging population and climate change.
Under our Purpose, "Making the Image Intelligent," we are committed to creating innovative products and services thatsolve real-world problems and drive value for our stakeholders with the power of image intelligence, which has been
our strength since the foundation.
Based on a solid business foundation of stable growth in the amusement and IP fields, we aim to achieve medium-termbusiness growth by accelerating the cycle from PoC to commercialization in the robotics and safety fields that we havebeen working on, as well as the video inspection domain and the semiconductor manufacturing equipment domain as
its application.
Based on the above, for the fiscal year ending March 31, 2025, we forecast consolidated net sales of 3,200 million yen(up 6.1% from the current consolidated fiscal year), operating income of 350 million yen (up 6.5% from the current
consolidated fiscal year), ordinary income of 350 million yen (up 5.9% from the current consolidated fiscal year), andnet income attributable to owners of the parent of 290 million yen (down 12.5% from the current consolidated fiscal
year).
Actual results may differ from these forecasts due to various factors.

(5) Significant events regarding going-concern assumptions
Not applicable

2. Basic Policy on Selection of Accounting Standards
Since financial statements are also used in calculating distributable amounts under the Companies Act and taxable
income under the Corporation Tax Act, we apply Japanese GAAP for accounting standards.

-4-

3. Consolidated financial statements and significant notes(1) Consolidated balance sheets
Previous year
(As of Mar 31, 2023)(Yen thousand)Current year
(As of Mar 31, 2024)

2,435,996
833,518
300,000
22,874408
42,58339,872
4,570
3,985
3,683,809

2,603,750
246,332
300,000
35,5852,817
44,26628,896
5,750
5,385
3,272,786

51,243-42,252
8,990
189,815-133,467
56,347499
65,83751,243-44,181
7,061
205,038-158,035
47,00254,06324,09425
24,119

9,298
25
9,324

7,747
2,509
54,455
3,630
68,342
158,299
3,842,109

483,227
1,227
54,45544,712
583,622647,0103,919,796

553,241
34,104
1,515
23,73728,394
7,967
33,72017,351700,031

196,241
98,9652,033
51,667
54,686
12,204
19,4208,540
443,761

17,926
17,926
717,957

18,191
18,191
461,952

1,838,882
1,858,093-575,090-1,724
3,120,161

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

645
3,344
3,990
3,124,151
3,842,109

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

AssetsCurrent assets
Cash and deposits
Accounts receivable - trade, and contract assets
Securities
Merchandise and finished goods
Work in process
Raw materials and supplies
Prepaid expenses
Consumption taxes refund receivable
Other
Total current assets
Non-current assets
Property, plant and equipment
Buildings
Accumulated depreciation
Buildings, net
Tools, furniture and fixtures
Accumulated depreciation
Tools, furniture and fixtures, net
Work in process
Total property, plant and equipment
Intangible assets
Software
Other
Total intangible assets
Investments and other assets
Investment securities
Long-term prepaid expenses
Leasehold deposits
Deferred tax asset
Total investments and other assets
Total non-current assets
Total assets
Liabilities
Current liabilities
Accounts payable - trade
Accounts payable - otherAccrued expenses
Income taxes payable
Accrued consumption taxes
Deposits received
Contract liabilities
Provision for product warranties
Total current liabilities
Non-current liabilities
Asset retirement obligations
Total non-current liabilities
Total liabilities
Net assets
Shareholders' equity
Share capital
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-5-(2) Consolidated statements of income and comprehensive income
Consolidated statements of income

Net sales
Cost of sales
Gross profit
Selling, general and administrative expenses
Operating income
Non-operating income
Interest income
Interest on securities
Foreign exchange gains
Miscellaneous income
Total non-operating income
Non-operating expenses
Loss on redemption of securities
Interest expenses
Miscellaneous losses
Total non-operating expenses
Ordinary income
Income before income taxes
Income taxes - current
Income taxes - deferred
Total income taxes
IncomeNet income attributable to owners of parent

Previous year
(From Apr 1, 2022
To Mar 31, 2023)
2,322,112
1,461,437
860,675
833,616
27,059(Yen thousand)Current year
(From Apr 1, 2023
To Mar 31, 2024)
3,016,061
1,742,211
1,273,849
945,277
328,572

243
962
2,610
3,816

251
1,263
716
0
2,231

1,980
72
8
2,060
28,814
28,814
10,290-4,044
6,245
22,56922,569317
9326
330,477
330,477
40,290-41,082-791
331,268
331,268

Previous year
(From Apr 1, 2022
To Mar 31, 2023)
22,569(Yen thousand)Current year
(From Apr 1, 2023
To Mar 31, 2024)
331,268

2,481
3,726
6,207
28,777

3,080
-365
2,715
333,983

28,777

333,983--

Consolidated statements of comprehensive income

IncomeOther comprehensive income
Valuation difference on available-for-sale securities
Foreign currency translation adjustment
Total other comprehensive income
Comprehensive income
Comprehensive income attributable toComprehensive income attributable to owners of parent
Comprehensive income attributable to non-controllinginterests-6-(3) Consolidated statements of shareholders’ equity
Previous consolidated fiscal year (from April 1, 2022 to March 31, 2023)(Yen thousand)Shareholders' equity
Share capital
Balance at beginning of period
Changes during period
Income attributable to owners of parent
Purchase of treasury shares
Net changes in items other thanshareholders' equity
Total changes during period
Balance at end of period

Balance at beginning of period
Changes during period
Income attributable to owners of parent
Purchase of treasury shares
Net changes in items other thanshareholders' equity
Total changes during period
Balance at end of period

1,838,882

Capital surplus

Retained earnings

1,858,093-597,659-1,615

Total shareholders'equity3,097,700-108

22,569-108-108-1,724

22,4603,120,161

Treasury shares

22,5691,838,882

1,858,093

22,569-575,090

Accumulated other comprehensive income
Valuation difference on
Total accumulated
Foreign currency
available-for-saleother comprehensive
translation adjustment
securities
income-1,835-381-2,217

Total net assets
3,095,483
22,569
-108

2,481

3,726

6,207

6,207

2,481
645

3,726
3,344

6,207
3,990

28,6683,124,151

Current consolidated fiscal year (from April 1, 2023 to March 31, 2024)(Yen thousand)Shareholders' equity
Share capital
Balance at beginning of period
Changes during period
Loss attributable to owners of parent
Purchase of treasury shares
Net changes in items other thanshareholders' equity
Total changes during period
Balance at end of period

Balance at beginning of period
Changes during period
Loss attributable to owners of parent
Purchase of treasury shares
Net changes in items other thanshareholders' equity
Total changes during period
Balance at end of period

1,838,882

Capital surplus

Retained earnings

1,858,093-575,090-1,724

Total shareholders'equity3,120,161-291

331,268-291-291-2,016

330,977
3,451,138

Treasury shares

331,268

1,838,882

1,858,093

331,268-243,821

Accumulated other comprehensive income
Valuation difference on
Total accumulated
Foreign currency
available-for-saleother comprehensive
translation adjustment
securities
income
645
3,344
3,990

Total net assets
3,124,151
331,268
-291

3,080

-365

2,715

2,715

3,080
3,726

-365
2,978

2,715
6,705

333,692
3,457,844-7-

(4) Consolidated statement of cash flows

Previous year
(From Apr 1, 2022
To Mar 31, 2023)
Cash flows from operating activities
Income before income taxes
Depreciation
Share-based payment expenses
Increase (decrease) in provision for product warranties
Interest and dividend income
Foreign exchange losses (gains)
Decrease (increase) in trade receivables
Decrease (increase) in inventories
Increase (decrease) in trade payables
Decrease (increase) in consumption taxes refund
receivable
Increase (decrease) in accrued consumption taxes
Other, net
SubtotalInterest and dividends received
Income taxes paid
Net cash provided by (used in) operating activities
Cash flows from investing activities
Purchase of securities
Proceeds from redemption of securities
Purchase of property, plant and equipment
Purchase of investment securities
Proceeds from redemption of investment securities
Purchase of intangible assets
Proceeds from refund of leasehold deposits
Net cash provided by (used in) investing activities
Cash flows from financing activities
Purchase of treasury shares
Net cash provided by (used in) financing activities
Effect of exchange rate change on cash and cash
equivalents
Net increase (decrease) in cash and cash equivalents
Cash and cash equivalents at beginning of period
Cash and cash equivalents at end of period-8-(Yen thousand)Current year
(From Apr 1, 2023
To Mar 31, 2024)

28,814
71,82423,232270-1,205-5,228-444,745-26,578
292,898

330,477
41,2936,504-8,810-1,514-7,098587,185-16,803-356,999-2,116-1,179-12,743
38,146-37,430
1,983-2,125-37,573

26,29275,826675,172
1,012-15,208
660,976-600,000
600,000-29,577
500,000-6,1501,638
465,910-600,000
600,000-26,040-472,749-1,240-500,029

-108
-108

-291
-291

5,228

7,098

433,455
2,002,540
2,435,996

167,753
2,435,996
2,603,750

(5) Notes to consolidated financial statements(Notes on going-concern assumption)
Not applicable(Change in accounting policy)
Not applicable-9-(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.

(Per share information)
Previous year

Current year

(From Apr 1, 2022 To Mar 31, 2023)(From Apr 1, 2023 To Mar 31, 2024)

Net assets per share

993.30 yen

1,099.42 yen

Net income per share

7.17 yen105.33 yen(Notes)
1. Diluted net income per share for the current consolidated fiscal year is not shown since there are no diluted shares.
2. The basis for calculation of net assets per share is as follows.
Previous year (Mar 31, 2023)

Current year (Mar 31, 2024)

3,124,151

3,457,844

Amount deducted from total net assets (thousand yen)--

Net assets related to common stock at the end of theperiod (thousand yen)

3,124,151

3,457,844

Number of common shares used for calculation of net

3,145,234

3,145,160

Total net assets (thousand yen)assets per share at the end of the period (Shares)

3. The basis for calculation of net income per share is as follows.
Previous year
(From Apr 1, 2022 To Mar 31, 2023)

Current year
(From Apr 1, 2023 To Mar 31, 2024)

Net income attributable to owners of
the parent (thousand yen)

22,569331,268

Amount not attributable to common
stock (thousand yen)--

Net income attributable to owners of
the parent on common stock

22,569331,268

Average number of shares of common
stock during the period (shares)

3,146,773

3,145,185

Net income per share(Significant subsequent events)
Not applicable- 10 -

4. Other(1) Recent quarterly business performance
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

First Quarter
Apr 2022 - Jun 2022

Second Quarter
Jul 2022 - Sep 2022

Third Quarter
Oct 2022 - Dec 2022

Fourth Quarter
Jan 2023 - Mar 2023

Net sales

387,671537,683

654,471742,286

Gross profit

119,257

189,660

258,820

292,576

Operating income/loss (-)-89,267-13,573

41,88788,012

Ordinary income/loss (-)-83,735-10,570

35,81387,307

Income/loss (-) before
income taxes-83,735-10,570

35,81387,307

Net income/loss (-)-84,308-11,143

35,24082,780Net income/loss (-)
attributable to owners of-84,308-11,143

35,24082,780-79,661-10,990

35,057

84,372-26.79 yen-3.54 yen

11.20 yen26.32 yen

Net assets per share

Fiscal year ended March 31, 2023
(thousand yen)

the parent
Comprehensive income
Net income/loss (-) per share

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

Total assets

3,463,998

3,485,580

3,557,274

3,842,109

Net assets

3,015,821

3,004,830

3,039,888

3,124,151

Net assets per share958.23 yen

954.74 yen

965.88 yen

993.30 yen- 11 -