Gurunavi : Notice regarding Revision of Full-year Business Forecast for FY2023

For immediate release

Name of Listed Company:	Gurunavi, Inc.
Listed Stock Exchanges:	Tokyo Stock Exchange
Stock Code:	2440
Representative:	Akio Sugihara, President

Notice regarding Revision of Full-year Business Forecast

for the Fiscal Year ending March 31, 2024

March 21, 2024 ̶Gurunavi, Inc. (the "Company") announces that the Company has revised its consolidated full-year business forecast for the fiscal year ending March 31, 2024 as follows from those announced on February 1, 2024, in light of recent business performance.

1. Revised consolidated full-year business forecast for the fiscal year ending March 31, 2024 (April 1, 2023 to March 31, 2024)

				Net loss
	Net sales	Operating	Ordinary	attributable		Basic loss
	loss	loss	to owners of		per share
				parent
Forecast previously	Millions of yen	Millions of yen	Millions of yen	Millions of yen		Yen
announced (A)	13,000	(500)	(450)	(570)	(12.67)
New forecast (B)	13,000	(400)	(350)	(450)	(10.53)
Difference (B-A)	－	100	100	120
Rate of difference (%)	－	－	－	－
(Reference)
Results for the fiscal year	12,296	(1,724)	(1,664)	(2,286)	(44.25)
ended March 31, 2023

2. Reasons of revision

Net sales are expected to be in line with the previously announced forecast. On the other hand, expenses are expected to be lower than planned due to the efficient operation of advertising expenses, the effective use of outsourcing, and the effect of other cost containment etc. In light of these factors, the Company has revised each loss forecast as shown in 1. above.

The above forecasts are based on information available at the time of this announcement and are subject to a number of uncertainties. Actual results could differ materially from the above forecasts due to changes in business conditions and other factors.