Funai Soken Incorporated : Notice Regarding Upward Revision to Earnings Forecast

	August 3, 2021
Company name:	Funai Soken Holdings, Inc.
Representative:	Takayuki Nakatani, President & CEO
	(Stock code: 9757, Tokyo Stock Exchange 1st Section)
Contact:	Takahisa Okumura, Director and senior vice president,
	Head of Management Administration
	Divisional Headquarters
	(Telephone: [phone])

Notice Regarding Upward Revision to Earnings Forecast

Funai Soken Holdings, Inc. (the "Company") hereby announces that the following revisions have been made to the consolidated earnings forecast for the fiscal year 2021 (January 1, 2021 to December 31, 2021) announced on February 5, 2021 based on information and forecasts currently available to the Company.

1. Revision to Consolidated Financial Result Forecast for FY2021 (January 1, 2021 - December 31, 2021)

			Consolidated			Consolidated		Consolidated	Net income		Earnings
			net sales			operating		ordinary	attributable to		per share
						income		Income	owners of the
									parent
	Previous forecast (A)		Million yen		Million yen		Million yen	Million yen		Yen
	(Announced on
	28,000		5,700	5,750	4,000	80.83
	February 5, 2021)
	Revised forecast (B)	29,000		6,400	6,450	4,300	87.07
	Change (B-A)	1,000		700	700	300		―
	Rate of change (%)	3.6		12.3	12.2	7.5		―
	(Reference) Results of
	previous term	25,027		4,982	5,091	3,498	70.32
	(FY2020)

2. Reason for Revision

The consolidated full-year earnings forecast of the current fiscal year has been revised due to the greater-than-expected improvement anticipated for operating income of the Company's core business, Consulting, thanks to the strong performance of monthly support service and online advertising agency service in Consulting and the better operating income margin resulting from the significant cost reduction achieved by the promotion of online seminars and remote work.

*There are no amendments to dividend forecasts at present.

Note: The above performance forecasts were prepared based on information currently available. Actual results may differ from the forecasts due to various factors that may arise in the future.

End