(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, 2021 (Japanese GAAP)May 14, 2021
Company name: Digital Media Professionals Inc.
Listing: Tokyo Stock Exchange
Code number: 3652
URL: https://www.dmprof.com/en
Representative: Tsuyoshi Osawa, President and COO
Contact person: Tomoyuki Ietaka, Executive Officer, CFO, General Manager of Accounting/Corporate Planning Dept.Tel. (03) 6454 - 0450
Scheduled date of General Meeting of Shareholders: June 18, 2021
Scheduled date of filing Securities Report: June 18, 2021
Scheduled date of payment of cash dividends: Supplementary materials for the quarterly financial results: Yes
Briefing session on the quarterly financial results: Yes
1. Consolidated financial results for the fiscal year ended March 31, 2021 (April 1, 2020 through March 31, 2021)(1) Consolidated operating results(Percentages indicate year-on-year changes)
Net income attributable to
Net sales
Operating income
Ordinary income
owners of parent
Millions of yen% Millions of yen% Millions of yen% Millions of yen%
Fiscal year ended March 31, 2021
1,009
△425
△361
△364
－
－
－
－
Fiscal year ended March 31, 2020
－
－
－
－
－
－
－
－
Reference) Comprehensive income: △361 million yen as of March 31, 2021; - million yen as of March 31, 2020
Net income per shareyen△116.03－

Fiscal year ended March 31, 2021
Fiscal year ended March 31, 2020

Net income per sharediluted
yen－－

Return on
equityReturn on
assets%△22.4－

Operatingmargin

%
△20.8
－

%
△42.1
－

Since the consolidated financial statements have been prepared from the fiscal year ended March 2021,
the figures for the fiscal year ended March 2020 and the rate of change year on year are not stated.

(2) Consolidated financial position
Total assets

Net assets

Millions of yen

Equity ratio

Millions of yen

As of March 31, 2021
3,477
3,250
As of March 31, 2020－－
Reference) Shareholders' equity: 3,250 million yen as of March 31, 2021; - million yen as of March 31, 2020

%
93.5
－

Net assets per shareYen
1032.07－

Since the consolidated financial statements have been prepared from the fiscal year ended March 2021, the figures for the fiscal year ended March 2020 are not stated.

(3) Consolidated cash flows
Cash flows from operating
activities
Fiscal year ended March 31, 2021
Fiscal year ended March 31, 2020

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

36
－

68
－

△1
－

2,112
－

Since the consolidated financial statements have been prepared from the fiscal year ended March 2021, the figures for the fiscal year ended March 2020 are not stated.

2. Cash dividends

Year ended March 2020
Year ended March 2021
Year ending March 2021 (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
Devidends

Total
yen
0.00
0.00
0.00

Devidends
on equity%%-

Payout ratio

Millions of yen-

3. Forecasts of consolidated operating results for the year ending March 31, 2022 (April 1, 2021 through March 31, 2022)
Net Sales
Millions of yen

Full year

1,500

Operating income% Millions of yen
48.5
△250

(Percentages indicate year-on-year changes.)
Net income attributable to Net income
Ordinary income
owners of parent
per share% Millions of yen% Millions of yen
%
Yen
△250
△252
△80.02

Notes:1. Changes in significant subsidiaries during the current consolidated cumulative period (changes in specified subsidiaries
accompanying changes in the scope of consolidation): None
2. Application of accounting treatments specific to the preparation of quarterly consolidated financial statements: None
3. Changes in accounting policies(1) Changes in accounting policies resulting from revisions of accounting standards: None
(2) Changes in accounting policies except (1): None
(3) Changes in accounting estimation: None
(4) Restatement: None
4. Number of shares issued(1) Number of shares issued at the end of the period (including treasury shares)
As of March 31, 2021

3,152,400 shares

As of March 31, 2020

3,131,700 shares

As of March 31, 2020

1,069 shares(2) Number of treasury shares at the end of the period
As of March 31, 2021

3,189 shares(3) Average number of shares issued during the period
Year ended March 31, 2021

3,142,419 sharesYear ended March 31, 2020

3,081,761 shares(Reference)
1. Non-consolidated financial results for the fiscal year ended March 31, 2021 (April 1, 2020 through March 31, 2021)(1) Non-consolidated operating results
Net sales
%
△24.0
22.2

Millions of yen

1,009
3,128

Fiscal year ended March 31, 2021
Fiscal year ended March 31, 2020

Net income per share

Fiscal year ended March 31, 2021
Fiscal year ended March 31, 2020

(Percentages indicate year-on-year changes)
Ordinary income
Net income% Millions of yen% Millions of yen%△614.8△361△524.9△364△658.3
185.6
85
155.4
65
86.0

Operating incomeyen△116.11
21.21

Millions of yen

△425
82

Net income per sharedilutedyen－－(2) Non-consolidated financial position
Total assets
As of March 31, 2021
As of March 31, 2020

Net assets

Equity ratio

Millions of yen

Millions of yen

3,481
3,841

3,250
3,543

%
93.5
92.2

Net assets per shareYen
1,032.02
1,131.88

Note: Explanation regarding the appropriate use of business forecasts and other special notes
The forward-looking statements such as business forecast in this document are based on information currently available to
the Company and on certain assumptions deemed to be reasonable. The Company does not guarantee the achievementof the forecasts. Actual results may differ significantly for a number of reasons.
For the conditions and notes on the use of business forecast, please refer to"1. Qualitative information on financial results (4) Consolidated financial forecasts and other forward-looking statements."

Qualitative information on financial results(1) Operating results
Since the Company has prepared consolidated financial statements from the current consolidated fiscal year, it does
not provide a year-on-year comparison of operating results and financial position.

During the current consolidated fiscal year, the Japanese economy was in a difficult situation in terms of corporate
earnings and capital investment due to the impact of the new coronavirus infection. The global economy was also in asevere situation due to the impact of the global outbreak of the new coronavirus infection. As for the future, it isnecessary to take extremely difficult steps to gradually raise the level of economic activity while taking measures toprevent the spread of infection.
In the semiconductor industry to which our group belongs, shortages in the supply of semiconductors are becoming
more significant due to insufficient production capacity at 8-inch foundries and strong stay-at-home demand. In themedium term as well, demand is expected to grow for IoT where all things are connected to the Internet, artificial
intelligence (AI), big data, next-generation high-speed communication standards, and automatic driving.
In the AI/visual computing field, which is our group's business domain, the acceleration of innovation and the increasingrole of AI in solving social issues, including current difficulties, and in realizing a safe and secure society are expected.
In such an environment, our group will strive to become the world's leading "AI Computing Company" by contributing
to solving social issues through providing AI solutions that leverage the strength of having a consistent development
system of AI algorithms, software and hardware.
As concrete measures and results during the current consolidated fiscal year are as follows.
1) Releases of general AI IP Products
We released ZIA™ DV740, an upgraded version of the ZIA™ DV720 edge AI processor IP core, targeting at markets
that require high-performance and high-accurate AI recognition processing, such as robotic vehicles, surveillancecameras, drones, and augmented reality (AR) / virtual reality (VR), and ZIA™ ISP, an image signal processor (ISP) IP
core that contributes to higher image quality and performance of AI camera devices such as robotic vehicles, drones
and security cameras.
2) Robotics field･Participation in the NVIDIA Partner Network, a partner program of NVIDIA Corporation (NVIDIA), as a professional
services partner
By proactively conducting marketing activities through NVIDIA's ecosystem, we are building close relationships withmany companies that are working on the social implementation of automation and autonomy in the field of robotics, inorder to further accelerate and strengthen AI business in this field.
･Launch of ZIA™ SLAMZIA™ SLAM is a software product based on Visual SLAM (Simultaneous Localization and Mapping) technology thatsimultaneously performs self-localization and environmental mapping using camera images and sensor information.
The software is based on Visual SLAM technology using a camera, which is less expensive than SLAM technology
using LiDAR (an abbreviation for Light Detection and Ranging, a type of sensor that uses laser light), and operates
with high accuracy and speed, thus contributes to higher performance and lower costs of equipment. As a result, it cancontribute to the development though mass production of customers' applications such as AGVs (Automated Guided
Vehicles), UGVs (Unmanned Ground Vehicles), cleaning robots, and drones. In addition, we released ZIA™ SLAM
evaluation kit including a Stereolabs’ ZED2 stereo camera, which enables customers to easily develop and evaluate
Visual SLAM technology, the eyes of autonomous mobile robots.
-1-

･Rapid increase in customer projects
In response to the above and other initiatives, the number of customer projects, including Proof of Concept (PoC)
orders, has been increasing rapidly, and we believe that this, combined with the growth potential of the market for
robotic vehicles and collaborative robots, will contribute to future business growth.
3) safe driving assistance field･Provision of safe driving assistance service by seamless linkage of ZIA™ SAFE and ZIA™ Cloud SAFE
By linking ZIA™ SAFE, which has a proven track record as a platform for developing safe driving assistance system,
and ZIA™ Cloud SAFE, a SaaS-type safe driving assistance cloud service using Amazon Web Services (AWS), weare providing the industry's first platform for building safe driving assistance system from edge AI to the cloud.
･Adoptions by customers
ZIA™ SAFE has been adopted by JVCKENWOOD Corporation for its dashcams for telematics service with
communication capabilities (Model number: STZ-DR00) and is utilized for functions such as driving assistance anddriver monitoring. In addition, ZIA™ Cloud SAFE has been adopted by DENSO TEN Limited for its dashcam,"G500Lite," with communication capabilities for corporate customers and is utilized for identification of near-missimages and for high-precision analysis of "distracted driving" and "Drowsy driving."･Launch of recurring business
As for the recurring business, we started recording royalty income in the second quarter and subscription income in the
fourth quarter. In this field, we are continuing to cultivate projects with existing customers and develop new customers.
In this area, we are continuing to cultivate projects with existing customers and develop new customers for expanding
the overall revenue of the business including the recurring business.
･ZIA™ Showcase
We unveiled ZIA™ Showcase, a platform for demonstrating and benchmarking our latest edge AI recognition models.
By accessing AI recognition models supported by ZIA™ Showcase and multiple hardware installed in our company,
customers can easily evaluate and verify the optimal combination of AI recognition models and hardware using theirown data sets online. It contributes to the efficiency of customer development by supporting the efficient search for the
combination of hardware and AI recognition models that meet the requirements of the application, which is very
important and difficult for edge AI application developers. At the current stage, it supports ZIA™ SAFE and the various
AI recognition models that make up ZIA™ SAFE, but we plan to add AI recognition models for robotics and other fields
in the future.
4) Collaboration with Yamaha Motor, a business and capital partner
We have continued to work on AI implementation in line with each product roadmap across various product lines forland, sea and air. In addition, as a result of the collaboration, we plan to start external sales of high-definition compact
embedded monocular camera systems in the fiscal year ending March 2022.
5) Collaborations and alliances for business expansion･Capital and business alliance with Cambrian
On April 9, 2021, we decided to enter into a capital and business alliance with Cambrian, a company that develops,
manufactures, and sells image recognition systems (vision systems) for collaborative robots. We have decided to takea stake in Cambrian as a minority shareholder because it believes that Cambrian's business domain has affinity andcomplementarity with its focus area of robotics, and that Cambrian's technology is competitive. In addition tocontributing to the enhancement of Cambrian's development capabilities from a financial standpoint, we intend to
expand our business in the field of robotics and solve social issues such as labor shortage and productivity improvement
due to the declining birthrate and aging population by adding Cambrian's competitive vision systems to our product-2-

lineup and conducting joint development.
･Collaboration with overseas tech companies
We have been collaborating with French company Prophesee on the development of embedded machine vision andartificial intelligence (AI) applications using its event-based vision sensors, and have begun developing specificcustomer projects. We also co-developed a new virtual AI sports coach application with GrAI Matter Labs, a French
pioneer in ultra-low latency computing inspired by the human brain, and demonstrated it at docomo Open House 2021,
held online February 4-7, 2021. In the future, we will work together to realize a new class of virtual assistants using
real-time posture and motion estimation and develop business in various applications such as sports analysis, life
support, industrial automation, and surveillance.
6) NEDO businesses
As businesses regarding the New Energy and Industrial Technology Development Organization (NEDO) following theprevious fiscal year, we not only have continued to operate AI edge contests in the commissioned project of "Survey ofissues for finding ideas regarding Technology Development for AI Chip and Next generation Computing for Highefficiency and High-speed Processing" but also have worked on subsidized projects of the development of "AI Platform
for Artificial Intelligence (AI): An Energy Efficient AI Engine" and "Research and development of AI hardware for AI
pathology imaging system for cancer companion diagnostics."

Regarding the business results for the current consolidated fiscal year, mass production shipments of the image
processing semiconductor "RS1" continued in the LSI product business. However, due to the continuously low test
pass rate of customer's new amusement machines and the impact of the COVID-19 including the state of emergency
issued to 11 prefectures in January, the sales volume of pachinko and pachislot machine manufacturers has been lower
than planned, and the sales of some titles that were scheduled to be released in the fourth quarter have been postponedto the next fiscal year. Therefore, demand for the "RS1" image processor for the amusement market, which was
expected toward the end of the fiscal year, has been pushed back. In the IP core license business, we acquired new
AI-related licenses and recorded running royalties and subscription revenues related to AI-based safe driving
assistance system, despite a decline in running royalties for conventional digital equipment. In the professional service
business, in addition to the contracted revenue in NEDO's AI edge contest operation, we got orders for contracted
development services for robotic vehicles. However, development investment by some AI-related customers, which
had been expected to recover in the fourth quarter, was lower than expected.
As a result, for the current consolidated fiscal year, we recorded net sales of 1,009 million yen, operating loss of 425
million yen, ordinary loss of 361 million yen mainly due to the recording of 60 million yen in subsidy income from NEDO
as non-operating income, and net loss attributable to owners of parent of 364 million yen.

Although our group has a single business segment, each business result is shown below in order to show businesstrends.
1) IP core license businessNet sales were 144 million yen attributable to new licenses of GPU and AI, running royalties, subscription fee, andrevenue from maintenance support.
2) LSI product businessNet sales were 658 million yen attributable to the sales of the "RS1" for mass production and AI FPGA module "ZIA™
C3."3) Professional service business-3-

Net sales were 206 million yen due to the booking of AI-related contracted development sales and NEDO contracted
development sales.

(2) Financial position(Assets)
Total assets at the end of the current consolidated fiscal year were 3,477 million yen.
Current assets were 2,736 million yen, mainly consisting of cash and deposits of 2,066 million yen, accounts receivableof 157 million yen, and securities of 345 million yen. Fixed assets amounted to 740 million yen, mainly consisting ofsoftware of investment securities of 500 million yen.
(Liabilities)
Current liabilities and non-current liabilities at the end of the current consolidated fiscal year totaled 227 million yen.
Current liabilities were 208 million yen, mainly consisting of accounts payable of 132 million yen. Fixed liabilities were
18 million yen.
(Net assets)
Total net assets at the end of the current consolidated fiscal year were 3,250 million yen, mainly consisting of capitalstock of 1,838 million yen, capital surplus of 1,858 million yen and retained earnings of -440 million yen.

(3) Overview of Cash FlowsThe balance of cash and cash equivalents at the end of the current consolidated fiscal year was 2,112 million yen.
Net cash provided by operating activities was 36 million yen mainly attributable to positive factors such as a decreasein notes and accounts receivable - trade of 455 million yen and depreciation of 63 million yen, and negative factors
such as loss before income taxes of 362 million yen, a decrease in consumption taxes refund receivable of 35 million
yen and an increase in inventories of 34 million yen.
Net cash provided in investing activities was 68 million yen mainly attributable to positive factors such as proceeds fromsale of investment securities of 100 million yen, and negative factors such as purchase of property, plant and equipmentof 30 million yen.
Net cash used by financing activities was 1 million yen attributable to payments for issuance of shares of 1 million yen.

(Reference) Changes in cash flow indicators
March 2017

March 2018

March 2019

March 2020

March 2021

Equity ratio (%)

93.6

88.2

83.8

92.2

93.5

Equity ratio on market value (%)

392.9

834.8

548.5

162.3

250.2

Interest-bearing debt to cash

-

-

-

-

-

-

-

-

flows ratio (year)
Interest coverage ratio (times)

Calculations for the fiscal year ending March 31, 2021 are based on consolidated financial figures.
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.
-4-

(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 economy are expected to remain in a severe situation until vaccinations are widely available
due to the prolonged COVID-19 pandemic.
On the other hand, the semiconductor industry, to which we belong, is expected to continue to face excess demandand supply shortages in the short term, and to continue to face growing demand for semiconductors for AI and IoT in
the medium term. The evolution of AI and other technologies is expected to help overcome social and environmental
challenges, such as the declining birthrate and aging population, COVID-19 pandemic, and climate change.
In the amusement market, one of our main markets, the removal of old regulation machines and their replacement withnew regulation machines are expected to be carried out in a systematic manner by January 2022. However, with theprolonged COVID-19 pandemic, the occupancy rates of parlors and their policies on the purchase of pachinko andpachislot machines remain unpredictable.
In the robotics field, one of our focused fields, the markets for robotic vehicles and collaborative robots are expected to
grow strongly from the perspectives of alleviating the shortage of manpower in a wide range of fields such as
manufacturing, logistics, agriculture and daily life, improving productivity and quality of life, and preventing COVID-19
infection. In the safe driving assistance field, one of our focused fields as well, demand for real-time detection ofdangerous driving events and post-event safe driving education is growing, and we expect the market forcommunication-type dashcams with AI functions to expand steadily.
We will strive to achieve medium-term growth and contribute to solving social issues by accelerating businessdevelopment and monetization in the above-mentioned fields where market growth is expected and where ourtechnologies and strengths fit.
Based on the above, we forecast consolidated net sales of 1,500 million yen (up 48.5% from the current fiscal year),
operating loss of 250 million yen, ordinary loss of 250 million yen, and net loss attributable to owners of parent of 252
million yen for the fiscal year ending March 31, 2022.
In addition, as stated in the "Notice of Medium-term Business Plan" disclosed today, we are targeting consolidated net
sales of 2,500 million yen and operating income of 200 million yen for the fiscal year ending March 31, 2024. For details,
please refer to the " Notice of Medium-term Business Plan."-5-2. Consolidated financial statements(1) Consolidated balance sheets(Yen thousand)Current year
(As of Mar 31, 2021)
AssetsCurrent assets
Cash and deposits
Accounts receivable - trade
Securities
Work in process
Raw materials and supplies
Prepaid expenses
Consumption taxes receivable
Income taxes receivable

2,066,483
157,606
345,870
7,630
44,437
58,79135,277
11,798

Other

8,763

Total current assets
Non-current assets
Property, plant and equipment
Buildings

2,736,659

Accumulated depreciation-38,392

Buildings, net
Tools, furniture and fixtures

12,850134,369

Accumulated depreciation-104,566

51,243Tools, furniture and fixtures, net

29,802

Total property, plant and equipment

42,652Intangible assets
Software
Other
Total intangible assets
Investments and other assets
Investment securities
Shares of subsidiaries and associates
Long-term prepaid expenses

104,54525
104,570
500,630
2,493
36,148

Leasehold deposits

54,147

Total investments and other assets

593,419

Total non-current assets

740,643

Total assets
Liabilities
Current liabilities
Accounts payable - trade
Accounts payable - otherAccrued expenses
Income taxes payable
Deposits received

3,477,303

132,333
41,665
10,118
11,834
7,013

Unearned revenue

5,269

Total current liabilities
Non-current liabilities
Deferred tax liabilities

208,233
1,452

Asset retirement obligations

17,408

Total non-current liabilities

18,860Total liabilities
Net assets
Shareholders' equity
Share capital
Capital surplus
Retained earnings

227,094

1,838,882
1,858,093-440,462

Treasury shares-1,525

Total shareholders' equity
Accumulated other comprehensive income
Valuation difference on available-for-sale securities

3,254,988-4,677

Foreign currency translation adjustment-102

Total accumulated other comprehensive income-4,779Total net assets

3,250,208

Total liabilities and net assets

3,477,303-6-

(2) Consolidated statements of income and comprehensive income
Consolidated statements of income(Yen thousand)Current year
(From Apr 1, 2020
To Mar 31, 2021)
Net sales

1,009,932

Cost of sales

674,781

Gross profit

335,151

Selling, general and administrative expenses

760,500

Operating loss

-425,349

Non-operating income
Interest income

308Interest on securities

2,066

Foreign exchange gains

2,509

Subsidy income

60,897

Miscellaneous income

4

Total non-operating income

65,785Non-operating expenses
Share issuance costs

1,465

Miscellaneous losses

0

Total non-operating expenses

1,465

Ordinary loss

-361,029

Extraordinary losses
Loss on sale of non-current assets
Loss on valuation of shares of subsidiaries andassociates
Total extraordinary losses

102
1,422
1,525

Loss before income taxes-362,555

Income taxes - current

2,290

Income taxes - deferred-222

Total income taxes

2,067

Loss

-364,622

Loss attributable to owners of parent-364,622

Consolidated statements of comprehensive income(Yen thousand)Current year
(From Apr 1, 2020
To Mar 31, 2021)
Loss-364,622

Other comprehensive income
Valuation difference on available-for-salesecurities
Foreign currency translation adjustment

2,889

Total other comprehensive income

2,787

-102

Comprehensive income-361,835

Comprehensive income attributable toComprehensive income attributable to ownersof parent
Comprehensive income attributable to noncontrolling interests-361,835--7-

(3) Consolidated statements of shareholders’ equity
Current fiscal year (from April 1, 2020 to March 31, 2021)(Yen thousand)Shareholders' equity
Share capital
Balance at beginning of current period

Capital surplus

Retained earnings

1,804,592

1,823,803

34,29034,290-75,840

Total
shareholders'equity-1,482
3,551,074

Treasury shares

Changes of items during period
Issuance of new shares
Profit (loss) attributable to owners ofparentPurchase of treasury shares
Net changes in items other thanshareholders' equity
Total changes of items during period
Balance at end of current period

Balance at beginning of current period

68,580-364,622-364,622-43

34,29034,290-364,622-43-296,086

1,838,882

1,858,093-440,462-1,5253,254,988

Accumulated other comprehensive income
Valuation difference Foreign currency
Total accumulated
on available-for-saletranslation
other comprehensive
securities
adjustment
income-7,566-102-7,669Total net assets

3,543,405

Changes of items during period
Issuance of new shares
Profit (loss) attributable to owners ofparentPurchase of treasury shares
Net changes in items other thanshareholders' equity
Total changes of items during period
Balance at end of current period-43

68,580-364,622
-43
2,889

2,889

2,889

2,889

-

2,889

-293,196-4,677-102-4,7793,250,208-8-

(4) Consolidated statement of cash flows(Yen thousand)Current year
(From Apr 1, 2020
To Mar 31, 2021)
Cash flows from operating activities
Loss before income taxes-362,555

Depreciation

63,745

Share-based payment expenses

35,419Interest and dividend income-2,368

Subsidy income-60,897

Foreign exchange losses (gains)-1,418Loss on valuation of shares of subsidiaries and associates

1,422

Loss on retirement of non-current assets

102

Decrease (increase) in trade receivables

455,338

Decrease (increase) in inventories-34,779

Increase (decrease) in trade payables-6,203

Decrease (increase) in consumption taxes refund receivable-35,277

Increase (decrease) in accrued consumption taxes-29,862

Other, net-17,080

Subtotal

5,587Interest and dividends received

2,990

Income taxes paid

-31,658

Subsidies received

59,441

Net cash provided by (used in) operating activities

36,360Cash flows from investing activities
Purchase of securities-600,000

Proceeds from redemption of securities

600,000

Purchase of property, plant and equipment-25,100

Purchase of intangible assets-5,725

Proceeds from sale of investment securities

100,000

Payments of leasehold deposits-1,536

Proceeds from refund of leasehold deposits

987

Net cash provided by (used in) investing activities

68,624

Cash flows from financing activities
Payments for issuance of shares-1,465Purchase of treasury shares-43

Net cash provided by (used in) financing activities-1,508

Effect of exchange rate change on cash and cash equivalents
Net increase (decrease) in cash and cash equivalents

2,203
105,679

Cash and cash equivalents at beginning of period

2,006,673

Cash and cash equivalents at end of period

2,112,353-9-