TRANSLATION - FOR REFERENCE ONLY -

August 3, 2020

Company

JVCKENWOOD Corporation

Representative

EGUCHI Shoichiro

Representative Director of the Board,

President and CEO

(Code: 6632; First Section of the

Tokyo Stock Exchange)

Contact

MIYAMOTO Masatoshi

Director of the Board,

Senior Managing Executive Officer,

Chief Financial Officer (CFO)

(Tel: +81-45-444-5232)

(E-mail: prir@jvckenwood.com)

For Immediate Release

Summary of Accounting Report for the 1Q of Fiscal Year Ending March 2021

(April 1, 2020 - June 30, 2020)

Consolidated Financial Highlights for the First Quarter of Fiscal Year Ending March 2021 (April 1, 2020

- June 30, 2020)

Operating Results

(JPY in Million, except Basic net income per share)

1st Quarter FYE 3/2020

1st Quarter FYE 3/2021

April 1, 2019 to June 30, 2019

April 1, 2020 to June 30, 2020

Revenue

73,596

51,145

Operating profit

1,771

-3,073

Profit before tax

1,635

-3,102

Profit attributable to

882

-3,584

owners of parent company

Comprehensive income

-509

-2,504

Basic net income per

5.39 yen

-21.86 yen

share

FYE: Fiscal year ended / ending

Revenue and Core Operating Income by Customer industry sectors

(JPY in Million)

1st Quarter of

1st Quarter of

Year-on-year

FYE 3/2020

FYE 3/2021

comparison

Automotive Sector

Revenue

40,066

26,258

-13,808

Public Service Sector

Core operating income

1,050

-2,011

-3,061

Revenue

15,353

10,538

-4,815

Media Service Sector

Core operating income

-625

-1,517

-892

Revenue

14,200

10,614

-3,586

Core operating income

450

92

-358

Others

Revenue

3,976

3,734

-242

Total

Core operating income

325

313

-12

Revenue

73,596

51,145

-22,451

Core operating income

1,200

-3,123

-4,323

Operating profit

1,771

-3,073

-4,844

Profit before tax

1,635

-3,102

-4,737

Profit attributable to

owners of parent

882

-3,584

-4,466

company

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Disclaimer

JVC KENWOOD Corporation published this content on 03 August 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 August 2020 06:27:18 UTC