November 8, 2021
Company Name: Asahi Broadcasting Group Holdings Corporation
Representative: Susumu Okinaka, Representative Director and President(Securities Code: 9405, 1st section)
Inquiries: Hirokazu Ueda, Manager, Financial Affairs Division(TEL: +81-6-6458-5321)

Notice of Revision of Financial Results Forecasts and Interim Dividend
Asahi Broadcasting Group Holdings Corporation (“the Company”) today announces the revision of its full-year
consolidated financial results forecasts for fiscal 2021 (April 1, 2021 to March 31, 2022) announced on May 12,2021, in light of recent performance trends and other factors, as follows.
In addition, the Company hereby announces that it resolved at a meeting of its Board of Directors held today on
dividends from surplus (interim dividend) with a record date of September 30, 2021, as follows.

1. Revision of financial results forecasts(1) Revision of full-year consolidated financial results forecasts for fiscal 2021
(April 1, 2021 to March 31, 2022)

Previously announced
forecasts (A)(Announced on May12, 2021)
Revised forecasts (B)Change (B-A)
Percentage change (%)(Ref) Results for thefull-year ended March
31, 2021

Net Sales

OperatingIncome

OrdinaryIncome¥ million¥ million¥ million

Profit (Loss)
Attributable toOwners of Parent¥ million

82,000

2,300

2,500

1,600

39.01

84,000

2,900

3,200

2,100

51.14

2,000

600

700

500

2.4

26.1

28.0

31.3

78,344

2,694

3,033

(930)

Basic Earnings(Loss) per Share¥(22.69)(2) Reasons for the revision
The Company upwardly revised its previous forecast for net sales, operating income, ordinary income, andprofit attributable to owners of parent since broadcasting sales, which mainly consist of TV spot advertisingsales, increased from the previous forecast in the Company’s mainstay broadcasting business, and also becauseof the effect of cost reductions.
The outlook presented above may significantly change due to external factors such as domestic and overseas
economic trends, as well as when COVID-19 comes to an end and the range of its impact. Should any event
arise that affects the financial results of the Group, the Company will promptly announce it.
Note:
The forecasts presented above are based on information that is currently available to the Group and certainassumptions that are judged to be reasonable. Actual results may differ from the forecasts due to various factors.

2. Dividends from surplus (interim dividend)(1) Details of dividends from surplus (interim dividend)

Record date
Dividend per
share
Total amounts ofdividends

Determined amountof dividend

Latest dividend forecast(May 12, 2021)

September 30, 2021

September 30, 2021

¥7.00
¥287 million¥5.00-Actual interim dividend
for fiscal year ended
March 31, 2021
September 30, 2020
¥5.00
¥205 million

Effective date

December 1, 2021December 1, 2020

Source ofdividends

Retained earnings

Retained earnings(2) Reasons for the dividends from surplus
The Company positions the appropriate return of profits to shareholders as one of its most important measuresfor corporate management. Regarding the distribution of profits, we consider the balance between strengthening
and maintaining our financial position and investing toward improved corporate value and toward our growthstrategies, comprehensively taking into account our financial results, dividend payout ratio, appropriate internalreserves, and other factors in light of our position of responsibility as a certified broadcasting holding company.
The Company makes determinations on dividend payment in a consistent, stable and flexible manner, with atarget consolidated dividend payout ratio of 30%.
Regarding the interim dividend for fiscal 2021, taking into consideration the revision of the consolidated
financial results forecasts announced today and the dividend policy mentioned above, the dividend per sharewill be increased by ¥2.00 from the previously announced forecast to ¥7.00. The year-end dividend forecast
remains at ¥6.00 per share.