[Translation]
June 22, 2020
Company Name: Asahi Broadcasting Group Holdings Corporation
Representative: Susumu Okinaka, Representative Director and President(Securities Code: 9405, 1st section)
Inquiries: Hirokazu Ueda, General Manager, Financial Affairs Division(TEL: +81-6-6458-5321)(Revision) Partial Revision to the “Consolidated Financial Reportfor the Fiscal Year Ended March 31, 2020 under Japanese GAAP”

Asahi Broadcasting Group Holdings Corporation (“the Company”) hereby announces that there were misstatements in a part ofthe ”Consolidated Financial Report for the Fiscal Year Ended March 31, 2020 under Japanese GAAP” announced on May 22, 2020.
The numeric data has been partially revised as shown below.
The revised parts are underlined.

1. Details of the Revision(1) Summary Information
1. Consolidated Financial Results for Fiscal 2019 (April 1, 2019 to March 31, 2020)(3) Consolidated Cash Flows[Before revision]
Net Cash Provided By Net Cash Provided By Net Cash Provided By(Used In) Operating(Used In) Investing(Used In) Financing
Activities
Activities
Activities¥ million¥ million¥ million
Fiscal 2019
4,546
2,535
3,322
Fiscal 2018
3,286
(2,394)(53)

Ending Balance ofCash and Cash
Equivalents¥ million
26,643
16,239[After revision]

Fiscal 2019
Fiscal 2018

Net Cash Provided By Net Cash Provided By Net Cash Provided By(Used In) Operating(Used In) Investing(Used In) Financing
Activities
Activities
Activities¥ million¥ million¥ million
4,546
2,655
3,203
3,286
(2,394)(53)

1

Ending Balance ofCash and Cash
Equivalents¥ million
26,643
16,239(2) Supplementary Materials Page 3
1. Overview of Business Results, etc.
(3) Overview of Cash Flows for the Fiscal Year under Review[Before revision]
For the fiscal year under review, net cash provided by operating activities totaled ¥4,546 million. Net cash provided by investingactivities was ¥2,535 million, and net cash provided by financing activities came to ¥3,322 million.
(Cash Flows from Investing Activities)
Net cash provided by investing activities was ¥2,535 million (an outflow of ¥2,394 million during the previous fiscal year) due toproceeds from sales of investment securities and other proceeds despite purchase of property, plant and equipment.
(Cash Flows from Financing Activities)
Net cash provided by financing activities was ¥3,322 million (an outflow of ¥53 million during the previous fiscal year) due mainly
to the issuance of bonds.

[After revision]
For the fiscal year under review, net cash provided by operating activities totaled ¥4,546 million. Net cash provided by investingactivities was ¥2,655 million, and net cash provided by financing activities came to ¥3,203 million.
(Cash Flows from Investing Activities)
Net cash provided by investing activities was ¥2,655 million (an outflow of ¥2,394 million during the previous fiscal year) due toproceeds from sales of investment securities and other proceeds despite purchase of property, plant and equipment.
(Cash Flows from Financing Activities)
Net cash provided by financing activities was ¥3,203 million (an outflow of ¥53 million during the previous fiscal year) due mainly
to the issuance of bonds.

2

(3) Supplementary Materials Page 11
3. Consolidated Financial Statements and Primary Notes(4) Consolidated Statement of Cash Flows[Before revision]
Fiscal 2018
(April 1, 2018to March 31, 2019)
Cash flows from operating activities
Income before income taxes
Depreciation and amortization
Impairment loss
Amortization of goodwill
Increase (decrease) in allowance for doubtful accounts
Increase (decrease) in provision for loss on venue
closing
Increase (decrease) in net defined benefit liability
Interest and dividend income
Interest expenses
Loss (gain) on sales of property, plant and equipment
Loss (gain) on disposal of non-current assets
Loss (gain) on sales of investment securities
Loss (gain) on valuation of investment securities
Loss (gain) on investments in partnership
Loss (gain) on investments in silent partnership
Decrease (increase) in notes and accounts receivable trade
Decrease (increase) in inventories
Increase (decrease) in notes and accounts payable - trade
Decrease (increase) in investment
Other, net
SubtotalInterest and dividend income received
Interest expenses paid
Income taxes paid
Net cash provided by (used in) operating activities
Cash flows from investing activities
Payments into time deposits
Proceeds from withdrawal of time deposits
Proceeds from sales of short-term investment
securities
Purchase of property, plant and equipment
Proceeds from sales of property, plant and equipment
Purchase of intangible assets
Payments for asset retirement obligations
Purchase of investment securities
Proceeds from sales of investment securities
Proceeds from redemption of investment securities
Payments for investments in silent partnership
Proceeds from withdrawal of investments in silent
partnership
Purchase of investments in subsidiaries
Proceeds from purchase of investments insubsidiaries resulting in change in scope ofconsolidation
Payments of loans receivableCollection of loans receivable
Other, netNet cash provided by (used in) investing activities

3(Millions of Yen)
Fiscal 2019
(April 1, 2019
to March 31, 2020)

4,491
3,031
－
－
(0)

3,694
3,223
1,076
40
(1)

－

272

(1,120)(269)
8(52)
19(23)
70
14－(1,229)(247)
20(922)8(747)
19
49
64(431)

1,248(2,993)
509
－
928
4,181
344
(8)
(1,230)
3,286

624
(877)
(309)
(24)
5,983
262
(20)
(1,679)
4,546

(273)
273

(319)
323

1,400－(3,185)
563
(530)
(78)
(879)
227
－－

(1,616)
1,720
(299)
(315)
(326)
874
800
(75)

－

10－(119)

－

1,597

(75)
10152
(2,394)(10)14279
2,535[After revision]
Fiscal 2018
(April 1, 2018
to March 31, 2019)
Cash flows from operating activities
Income before income taxes
Depreciation and amortization
Impairment loss
Amortization of goodwill
Increase (decrease) in allowance for doubtful accounts
Increase (decrease) in provision for loss on venue
closing
Increase (decrease) in net defined benefit liability
Interest and dividend income
Interest expenses
Loss (gain) on sales of property, plant and equipmentLoss (gain) on disposal of non-current assets
Loss (gain) on sales of investment securities
Loss (gain) on valuation of investment securities
Loss (gain) on investments in partnership
Loss (gain) on investments in silent partnership
Decrease (increase) in notes and accounts receivable trade
Decrease (increase) in inventories
Increase (decrease) in notes and accounts payable - trade
Decrease (increase) in investment
Other, net
SubtotalInterest and dividend income received
Interest expenses paid
Income taxes paid
Net cash provided by (used in) operating activitiesCash flows from investing activities
Payments into time deposits
Proceeds from withdrawal of time deposits
Proceeds from sales of short-term investment
securities
Purchase of property, plant and equipment
Proceeds from sales of property, plant and equipment
Purchase of intangible assets
Payments for asset retirement obligations
Purchase of investment securities
Proceeds from sales of investment securities
Proceeds from redemption of investment securities
Payments for investments in silent partnership
Proceeds from withdrawal of investments in silent
partnership
Proceeds from purchase of investments insubsidiaries resulting in change in scope ofconsolidation
Payments of loans receivableCollection of loans receivable
Other, net
Net cash provided by (used in) investing activities

4(Millions of Yen)
Fiscal 2019
(April 1, 2019
to March 31, 2020)

4,491
3,031
－
－
(0)

3,694
3,223
1,076
40
(1)

－

272

(1,120)(269)
8(52)
19(23)
70
14－(1,229)(247)
20(922)8(747)
194964(431)

1,248(2,993)
509
－
928
4,181
344
(8)
(1,230)3,286624(877)
(309)
(24)
5,983
262
(20)
(1,679)4,546(273)
273(319)323

1,400－(3,185)563(530)
(78)
(879)
227－－

(1,616)
1,720(299)
(315)
(326)
874
800
(75)

－10－

1,597(75)10152(2,394)

(10)
14279
2,655

(4) Supplementary Materials Page 12
3. Consolidated Financial Statements and Primary Notes(4) Consolidated Statement of Cash Flows[Before revision]

Fiscal 2018
(April 1, 2018
to March 31, 2019)
Cash flows from financing activities
Proceeds from long-term loans payable
Repayments of long-term loans payable
Proceeds from issuance of bonds
Redemption of bonds
Purchase of treasury stock
Cash dividends paid
Dividends paid to non-controlling interests
Repayments of lease obligations
Net cash provided by (used in) financing activities
Net increase (decrease) in cash and cash equivalents
Beginning balance of cash and cash equivalents
Increase in cash and cash equivalents from newly
consolidated subsidiaryEnding balance of cash and cash equivalents(Millions of Yen)
Fiscal 2019
(April 1, 2019
to March 31, 2020)

1,000
(190)
－－
(0)
(817)
(13)
(32)
(53)
839
15,076140(637)
4,972(16)(0)(1,104)
(17)
(14)
3,322
10,404
16,239323－

16,23926,643[After revision]

Fiscal 2018
(April 1, 2018
to March 31, 2019)
Cash flows from financing activities
Proceeds from long-term loans payable
Repayments of long-term loans payable
Proceeds from issuance of bonds
Redemption of bonds
Purchase of treasury stock
Cash dividends paid
Dividends paid to non-controlling interests
Repayments of lease obligations
Payments from changes in ownership interests in
subsidiaries that do not result in change in scope ofconsolidation
Net cash provided by (used in) financing activities
Net increase (decrease) in cash and cash equivalents
Beginning balance of cash and cash equivalents
Increase in cash and cash equivalents from newly
consolidated subsidiaryEnding balance of cash and cash equivalents(Millions of Yen)
Fiscal 2019
(April 1, 2019
to March 31, 2020)

1,000
(190)
－－
(0)
(817)
(13)
(32)

140
(637)
4,972
(16)
(0)
(1,104)(17)(14)－(119)(53)
839
15,076

3,203
10,404
16,239323－

16,23926,643

2. Reason for the Revision
There were misstatements in a part of the ”Consolidated Financial Report for the Fiscal Year Ended March 31, 2020 under Japanese
GAAP”, which is the reason for the correction.

5