[Translation]
June 11, 2019
Company Name: Asahi Broadcasting Group Holdings Corporation
Representative: Susumu Okinaka, Representative Director and President(Securities Code: 9405, 1st section)
Inquiries: Kenji Yamamoto, General Manager, Financial Affairs Division(TEL: +81-6-6458-5321)(Revision) Partial Revision to the “Consolidated Financial Reportfor the Fiscal Year Ended March 31, 2019 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, 2019 under Japanese GAAP” announced on May 10, 2019.
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 2018 (April 1, 2018 to March 31, 2019)(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 2018
3,060
(2,167)(53)
Fiscal 2017
4,803
(5,113)(2,260)Ending Balance ofCash and Cash
Equivalents¥ million
16,23915,076[After revision]

Fiscal 2018
Fiscal 2017

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
3,286(2,394)(53)
4,803(5,113)(2,260)1

Ending Balance ofCash and Cash
Equivalents¥ million
16,23915,076

(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 ¥3,060 million. Net cash used in investing activitieswas ¥2,167 million, and net cash used in financing activities came to ¥53 million.
(Cash Flows from Operating Activities)
Net cash provided by operating activities was ¥3,060 million (an inflow of ¥4,803 million during the previous fiscal year) due tothe recording of income before income taxes and depreciation and amortization despite payment in line with the acquisition of realestate for sale.
(Cash Flows from Investing Activities)
Net cash used in investing activities was ¥2,167 million (an outflow of ¥5,113 million during the previous fiscal year) due topurchase of broadcasting equipment and other property, plant and equipment.
[After revision]
For the fiscal year under review, net cash provided by operating activities totaled ¥3,286 million. Net cash used in investing activitieswas ¥2,394 million, and net cash used in financing activities came to ¥53 million.
(Cash Flows from Operating Activities)
Net cash provided by operating activities was ¥3,286 million (an inflow of ¥4,803 million during the previous fiscal year) due tothe recording of income before income taxes and depreciation and amortization despite payment in line with the acquisition of realestate for sale.
(Cash Flows from Investing Activities)
Net cash used in investing activities was ¥2,394 million (an outflow of ¥5,113 million during the previous fiscal year) due topurchase of broadcasting equipment and other property, plant and equipment.

2(3) Supplementary Materials Page 11
3. Consolidated Financial Statements and Primary Notes(4) Consolidated Statement of Cash Flows[Before revision](Millions of Yen)
Fiscal 2018
(April 1, 2018
to March 31, 2019)

Fiscal 2017
(April 1, 2017
to March 31, 2018)
Cash flows from operating activities
Income before income taxes
Depreciation and amortization
Impairment loss
Increase (decrease) in allowance for doubtfulaccounts
Increase (decrease) in net defined benefit liability
Interest and dividend income
Interest expenses
Loss (gain) on sales of property, plant andequipment
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
Decrease (increase) in notes and accounts receivable- tradeDecrease (increase) in inventories
Increase (decrease) in notes and accounts payable trade
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
Purchase of short-term investment securities
Proceeds from sales of short-term investmentsecurities
Purchase of property, plant and equipment
Proceeds from sales of property, plant andequipment
Purchase of intangible assets
Payments for asset retirement obligations
Purchase of investment securities
Proceeds from sales of investment securities
Payments of loans receivableCollection of loans receivable
Other, net
Net cash provided by (used in) investing
activities

3

4,517
2,971
53

4,491
3,031
－

(3)

(226)

(1,174)(292)
8(1,120)
(269)
8－

(52)

25(80)－
50

19(23)
70
14(479)

(431)

(20)

(2,993)444

509

5196,539302(8)(2,030)
4,803

928
3,954
344
(8)
(1,230)
3,060

－
－
(100)

(273)
273
－

1,049

1,400

(4,424)(3,185)

7563

(117)
－(1,636)231(11)
24(135)

(530)
(78)
(879)
227
(75)
10378

(5,113)(2,167)

[After revision](Millions of Yen)
Fiscal 2018
(April 1, 2018
to March 31, 2019)

Fiscal 2017
(April 1, 2017
to March 31, 2018)
Cash flows from operating activities
Income before income taxes
Depreciation and amortization
Impairment loss
Increase (decrease) in allowance for doubtful
accounts
Increase (decrease) in net defined benefit liability
Interest and dividend income
Interest expenses
Loss (gain) on sales of property, plant andequipment
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
Decrease (increase) in notes and accounts receivable- tradeDecrease (increase) in inventories
Increase (decrease) in notes and accounts payable trade
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
Purchase of short-term investment securities
Proceeds from sales of short-term investment
securities
Purchase of property, plant and equipment
Proceeds from sales of property, plant andequipment
Purchase of intangible assets
Payments for asset retirement obligations
Purchase of investment securities
Proceeds from sales of investment securities
Payments of loans receivableCollection of loans receivable
Other, net
Net cash provided by (used in) investing
activities

4

4,517
2,971
53

4,491
3,031
－

(3)

(0)

(1,174)(292)
8(1,120)
(269)
8－

(52)

25(80)－
50

19(23)
70
14(479)

(431)

(20)

(2,993)

444

509

519
6,539
302
(8)
(2,030)
4,803

928
4,181
344
(8)
(1,230)
3,286

－
－
(100)

(273)
273
－

1,049

1,400

(4,424)(3,185)

7

563

(117)
－
(1,636)231(11)24(135)

(530)
(78)
(879)
227
(75)
10
152

(5,113)(2,394)

(4) Supplementary Materials Page 15
3. Consolidated Financial Statements and Primary Notes(5) Notes regarding Consolidated Financial Statements(Segment Information, etc.)
3. Explanation of Measurements of Sales, Profit, Loss, Asset, Liability and Other Items for Each Reportable Segment[Before revision]
Fiscal 2018 (April 1, 2018 to March 31, 2019)(Millions of Yen)
Amounts
Reportable Segment
Recorded on
Adjustments Consolidated(Note 1)
Financial
Broadcasting
Housing
Golf Club
TotalStatements(Note 2)
Sales
Revenues from externalcustomers
Transactions with othersegments

68,55012,545890

81,986—81,986622

1957699(699)

—

Total

69,172

12,565947

82,686(699)

81,986

Segment profit

3,475

1,060

28

4,564(301)

4,262

Segment assets

62,851

14,595

10,76088,207

19,581

107,788

2,321

628

81

3,031

—

3,031

2,379

73

66

2,519

—

2,519

Other items
Depreciation andamortization
Increase in property,
plant and equipment
and intangible assets[After revision]
Fiscal 2018 (April 1, 2018 to March 31, 2019)(Millions of Yen)
Amounts
Recorded on
Adjustments Consolidated(Note 1)
FinancialStatements(Note 2)

Reportable Segment
Broadcasting

HousingGolf Club

Total

Sales
Revenues from externalcustomers
Transactions with othersegments

68,55012,545890

81,986—

81,986622

1957

699(699)—

Total

69,172

12,565947

82,686(699)

81,986

Segment profit

3,475

1,060

28

4,564

(301)

4,262

Segment assets

62,851

14,595

10,76088,207

19,581

107,788

2,321

628

81

3,031

—

3,031

2,379

243

66

2,689

—

2,689

Other items
Depreciation andamortization
Increase in property,
plant and equipment
and intangible assets

2. Reason for the Revision
There were misstatements in a part of the ”Consolidated Financial Report for the Fiscal Year Ended March 31, 2019 under Japanese
GAAP”, which is the reason for the correction.

5