To the press and whom it may concern

September 6, 2021
Yusuke Shibata
President & Representative Director / CFO
AirTrip Corp.
Atago green Hills MORI tower 19F,
2-5-1, Atago, Minato Ward, Tokyo-----------------------------------------------------------------------------------------------------------

Notice of Revision of Earnings Forecasts----------------------------------------------------------------------------------------------------------AirTrip Corp. (Head Office: Minato Ward, Tokyo; President & Representative Director / CFO:
Yusuke Shibata; Stock Code: 6191; hereinafter “the Company”) conducts AirTrip Online TravelBusiness, Inbound Travel Agency / Wi-Fi Rental Business, IT Off-shore Development Business,
Media Business, Healthcare Business and Investment Business with a corporate philosophy ofOne Asia.
In light of recent business trends, the Company has revised its consolidated earnings forecast for
the fiscal year ending September 30, 2021 (October 1, 2020 to September 30, 2021), which wasannounced on May 31, 2021.
1. Revision of Consolidated Financial Forecast for the Fiscal Year Ending September 30, 2021
(October 1, 2020 - September 30, 2021)（Unit: million yen）

Net sales

ProfitProfitOperating

beforeattributable

incomeincometo owners

taxesof parent

Profit pershare(yen)Previous forecast (A)19,000

2,600

2,540

1,67278.06Revised forecast (B)17,500

4,000

3,950

2,405

111.04

Amount of change (B－A)△1,5001,400

1,410733－

Percentage change (％)

△7.9%

53.8%

55.5%

43.8%

－

21,241△8,994△9,190△8,692△433.80(Reference) Results forthe previous fiscal year
(ending September 2020)
2. Reason for revision<Net sales>
As part of the diversification and restructuring of the AirTrip Group's business portfolio, theCompany transferred all shares of its consolidated subsidiary, National Ryutsu Sangyo Co.,
Ltd. and transferred a portion of shares of its consolidated subsidiary, Hybrid Technologies Co.,
Ltd. and PikaPaka Corp. as a result, these companies will be excluded from the scope ofconsolidation and sales revenue is expected to decrease.
Contacts:
Yusuke Shibata, President & Representative Director / CFO
TEL：03-3431-6191 FAX：03-3431-6192
Mail：info@airtrip.co.jp

As a result of the above, we have revised downward our previously announced forecast
for net sales in the consolidated financial forecast for the fiscal year ending September
30, 2021.
<Profit and Loss at Each Stage>
The Company is promoting the diversification and restructuring of the business portfolio
within the Group in order to "restart" the AirTrip Group, and is making steady progress instrengthening the "AirTrip Economic Zone", which is the keyword of the Company.
As a result, operating income for the third quarter of the fiscal year ending September
30, 2021 was 3,071 million yen, far exceeding the previous forecast and setting a newrecord high.
As for operating income for the full year, although the AirTrip Online Travel Business will
be affected by the repeated declarations of state of emergency, we expect to be able tosecure stable profits by optimizing advertising in response to increases and decreases indemand.
In addition to the AirTrip Online Travel Business, the five existing businesses (InboundTravel Agency / Wi-Fi Rental Business, IT Off-shore Development Business, MediaBusiness, Healthcare Business and Investment Business) are also expected to perform
well as the AirTrip Group is promoting the diversification and restructuring of its businessportfolio.
As a result, the Company has revised upward its previously announced forecast, as it
expects a significant increase in profit/loss at each stage in its consolidated earnings
forecast for the fiscal year ending September 30, 2021.
Against the backdrop of strong business performance, we will also make strategic
investments for the future, including M&A, investments, business alliances, andadvertising.
(Note) The above forecasts are based on judgments and assumptions made in accordance withinformation currently available. Actual results may differ from these forecasts due to various factors. The
various factors include the possibility of being affected by the future global spread of the COVID-19 andthe response of governments and other organizations to this spread.

[About AirTrip Corp.]
Head Office: Atago Green Hills Mori Tower 19th Floor, 2-5-1 Atago, Minato Ward, Tokyo
Company Name: AirTrip Corp.
Company Representative: President & Representative Director / CFO: Yusuke Shibata
Capital: 833 million yen (Equity Capital 1,993 million yen)Website: https://www.airtrip.co.jp/en/

Contacts:
Yusuke Shibata, President & Representative Director / CFO
TEL：03-3431-6191 FAX：03-3431-6192
Mail：info@airtrip.co.jp