AOI TYO : Notice Regarding Revision of Consolidated Results Forecasts for Q2 FY2021

NEWS RELEASE

AOI TYO Holdings Inc.

2-2-24,Higashi-shinagawa,Shinagawa-ku

Tokyo 140-8663

August 10, 2021

Notice Regarding Revision of Consolidated Results Forecasts for the Second Quarter

of the Fiscal Year Ending December 2021

AOI TYO Holdings has revised its undecided consolidated results forecasts for the second quarter of the fiscal year ending December 2021, as follows.

1. Revision of Consolidated Results Forecasts

(1) Revised forecast of consolidated financial results for January 1 - June 30, 2021

Millions of yen, excepting net income per share

				Operating		Ordinary		Net income
		Net sales				attributable to		Net income
			income		income		owners of the		per share (¥)
								parent
Earlier forecast (A)	-	-	-	-	-
Revised forecast (B)	29,020	1,680	1,660	890	37.90
(B) - (A)
Percentage of changes
Reference	24,367	-881	-1,047	-956	-40.76
(Q2 FY2020 results)

1. Reasons for the revision
   AOI TYO Holdings had not yet determined consolidated business results forecasts for the second quarter of the fiscal year ending December 31, 2021, as it has been difficult to calculate reasonable forecasts due to the spread of COVID-19. However, the company now expects consolidated business results as described above for the first half of the fiscal year ending December 31, 2021.
   The AOI TYO Holdings Group had already implemented measures to prevent the spread of infections in filming and editing tasks in the previous year. As a result, the group was not affected significantly by COVID-19. The group recorded higher year-on-year sales and profits reflecting an increase in orders stemming from the gradual recovery of the domestic advertising market, as well as reductions in expenses stemming from cost reduction measures implemented as part of the group's medium-term plan, which the group began implementing ahead of schedule in the previous fiscal year.

*The forecasts above are based on information available at the time. Actual performance may vary from forecasts due to various factors that may occur in the future.