This is an unofficial translation. In case of any difference in meaning between the original Japanese text and the English translation, Japanese text shall prevail
AVANT CORPORATION
(Code：3836 TSE1）
January 29, 2021
Contents
Ⅰ . Summary of financial results
for the second quarter of FY June 2021 Ⅱ. Earnings and Dividend Forecast
＊Figures in this material are rounded down to the unit of display
The information contained in this material regarding the business outlook and other forecasts and strategies etc. are forward-looking statements and are determined within the range that could normally be predicted based on the information reasonably available to the Company at the time of preparation of this material. Investors should be aware of the risks, however, that actual results may differ from the business prospects described in the material due to the occurrence of extraordinary circumstances that cannot usually be predicted or the occurrence of results that cannot usually be predicted. The Company will proactively disclose information that is considered material to investors, but investors should be advised not to make judgment based entirely on only the business prospects described in this material. This material should not be copied or transferred for any purpose without permission of the Company.
Positive growth in revenues and OP for the last three months of the first half, moving to a recovery phase in line with expectations
Cumulative revenue fell YoY, but quarterly revenue began to increase. Cumulative and quarterly operating income increased by double digits due to cost controls, and operating income margin exceeded 20% in the last quarter
Orders and order backlog also returned to positive growth. Steady recovery in light of the difficult comparison against the previous fiscal year and the impact of COVID-19
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Avant Corporation published this content on 29 January 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 January 2021 04:03:07 UTC.
Avant Group Corp is a Japan-based company mainly engaged in the development, sales and maintenance of software and systems to promote management reform, and the provision of software-based consulting and business process outsourcing (BPO) services. The Company operates through three segments. The Group Governance segment is engaged in the sale of licenses for DivaSystem, an in-house developed package software for consolidated management and consolidated accounting, and the provision of consulting services for its introduction. The Digital Transformation Promotion segment provides system integration services for the utilization of information called business intelligence (BI). The Outsourcing segment provides outsourcing services for operations such as consolidated accounting and consolidated tax payment.
AVANT GROUP CORPORATION 
