Asahi Broadcasting : Summary of Consolidated Financial Report for the First Quarter of Fiscal 2023

Note: This document has been translated from the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail.

Consolidated Financial Report for the First Quarter of Fiscal 2023 (The Fiscal Year Ended March 31, 2024 under Japanese GAAP)

			August 7, 2023
Company Name:	Asahi Broadcasting Group	Stock Exchange Listing: Tokyo Stock Exchange
Holdings Corporation
Securities Code:	9405	URL https://corp.asahi.co.jp/en/
Representative:	Susumu Okinaka, Representative Director and President
Inquiries:	Yoko Kumada, General Manager, Corporate Management Division	TEL: [phone]

Scheduled Date of Securities Report Filing: August 10, 2023

Scheduled Date of Dividend Payment Commencement: ―

Preparation of Quarterly Supplementary Explanatory Materials: Yes

Quarterly Results Briefing Held: None

(Figures are rounded down to the nearest million yen unless otherwise stated.)

1. Consolidated Financial Results for the First Quarter of Fiscal 2023 (April 1, 2023 to June 30, 2023)

(1) Consolidated Operating Results (Cumulative)

(Percentage figures show the year-on-year increase (decrease) for each corresponding period.)

			Net Sales	Operating Income			Ordinary Income	Profit attributable to
					owners of parent
			¥ million	%	¥ million		%		¥ million	%	¥ million	%
	First Quarter of	20,238	3.2	(734)		―	(598)	―	(428)	―
	Fiscal 2023
	First Quarter of	19,606	(1.2)	(228)		―	(40)	―	352	(20.4)
	Fiscal 2022
Note: Comprehensive Income	First Quarter of fiscal 2023:			¥1,328 million (464.9%)
				First Quarter of fiscal 2022:			¥235 million (－%)
			Basic Earnings per	Diluted Earnings per
			Share	Share
				¥				¥
	First Quarter of			(10.27)		-
	Fiscal 2023
	First Quarter of			8.44		-
	Fiscal 2022
(2) Consolidated Financial Position
			Total Assets	Net Assets		Equity-to-Asset Ratio
				¥ million		¥ million			%
	June 30, 2023			121,833	73,512			57.2
	March 31, 2023			122,305	72,445			56.6

(Reference)	Shareholders' Equity	June 30, 2023:	¥69,734 million
			March 31, 2023:	¥69,259 million
2. Dividends
				Annual Dividend per Share
		1Q-End	2Q-End	3Q-End		Period-End	Total
			¥	¥	¥		¥	¥
Fiscal 2022			―	10.00	―		6.00	16.00
Fiscal 2023			―
Fiscal 2023	(Forecast)			6.00	―		8.00	14.00

Note: Revisions from recently announced dividend forecast: None

3. Consolidated Financial Results Forecasts for Fiscal 2023 (April 1, 2023 to March 31, 2024)

(Percentage figures show the year-on-year increase (decrease).)

	Net Sales		Operating Income	Ordinary Income	Profit attributable	Basic Earnings
		to owners of parent	per Share
	¥ million		%	¥ million	%	¥ million	%	¥ million	%	¥
Full Fiscal Year	90,000		3.4	2,500	(3.6)	2,700	1.4	1,700	25.6	40.74
Note: Revision from recently announced performance forecast: None

* Notes

(1) Changes in the number of important subsidiaries during the period: None

(2) Application of special accounting treatment for the preparation of quarterly consolidated financial statements: None

(3) Changes in accounting policies, accounting estimates and restatements

1) Changes in accounting policies in accordance with changes in accounting standards, etc.: None

2) Changes in accounting policies other than 1): None

3) Changes in accounting estimates: None

4) Restatements: None

(4) Number of shares issued and outstanding (common shares)

1)	Number of shares issued and outstanding as of	June 30,	41,833,000	March 31,	41,833,000
	the period-end (including treasury shares)	2023	Shares	2023	Shares
2)	Number of treasury shares as of the period-end	June 30,	101,209	March 31,	101,209
		2023	Shares	2023	Shares
3)	Average number of shares issued and outstanding	June 30,	41,731,791	June 30,	41,728,926
	for the period	2023	Shares	2022	Shares

• This financial report is exempt from the quarterly review procedure.
• Explanation concerning the appropriate use of forecasts and other special instructions (Caution regarding forward-looking statements, etc.)
  Results forecasts and other forward-looking statements contained in this report are based on the assumptions, beliefs, and uncertainties in light of information available to the Company's management as of the publication date and do not represent promises by the Company or its management that these performance figures will be attained. Actual results may differ materially from forecasts due to a variety of factors.