Fiscal Year Ending March 2027 Second Quarter (Interim) Financial Summary [Japanese GAAP] (Consolidated)

Overview of Results

Consolidated results for the period saw revenue of 84,412 million yen, an increase from the same period last year, with substantial growth in operating income, ordinary income, and net income. By segment, commercial karaoke provided a stable contribution to revenue and profit, and the karaoke, restaurant operations, and music software divisions contributed through new store openings and the introduction of new services. While the effect from last year’s new products waned, increased recurring revenue and restrained selling, general and administrative expenses boosted profits. There is no change to the full-year forecast.

Financial Position, Cash Flows and Outlook

Total assets stood at 221,028 million yen and the equity ratio was 57.6%. Cash and deposits decreased while investment securities and fixed assets increased. Cash flows were: operating activities 16,062 million yen, investing activities -14,981 million yen, and financing activities 4,885 million yen, resulting in cash and cash equivalents at period-end of 44,779 million yen. There is no change to the full-year earnings forecast. The dividend is expected to be 34 yen at the end of the second quarter and 34 yen at the end of the third quarter, totaling 68 yen.