August 10, 2021
CompanyVision Inc.

Representative

Kenichi Sano, Representative Director,President, and CEOFirst section of the Tokyo Stock Exchange: 9416

Contact

Shinichi Nakamoto, Director, Managing
Executive Officer, CFO, and General Managerof Administrative Dept.
(Tel. 03-5325-0344)

N ot i ce o f R evis io n o f Full - y ear Con so li dat ed Fin an ci al Fo r ecast
The Company announced today the Company’s Board of Directors decided in its meeting held on August 10,
2021, based on recent business trends, its full-year consolidated financial forecast for the fiscal year ending
December 31, 2021 (January 1, 2021-December 31, 2021), which had been left undecided as of May 13, 2021, asfollows.
1.

Revisions of the Full-Year consolidated financial forecast for the fiscal year ending December 31, 2021
(January 1, 2021 to December 31, 2021)
OperatingprofitSales

Previous Forecast (A)Revised forecast (B)Variance in Amount(B-A)
Variance in percentage(%)(For Reference) Resultsfor Full-Year Ended
December 31, 2020

Recurringprofit

Net income
attributable toowners of parent

Net income pershare

Million yen

Million yenMillion yen

Million yen

JPY

Undecided
17,468

Undecided
1,007

Undecided
1,028

Undecided
685

Undecided
14.55--------

16,654103

227(1,183)(25.07)

2. Reasons for the full-year financial forecast
The full-year consolidated financial forecast for the fiscal year ending December 2021 was left “undecided” dueto the difficulty of proper and rational calculation of the impact of the COVID-19 pandemic on the Group's businessactivities. However, we decided to announce it based on the information and forecasts available at this time.
For the GLOBAL WiFi Business, the forecast figures reflect steady domestic demand acquisition and an increasein customer acquisition for GLOBAL WiFi for Biz, a standby type Wi-Fi service for corporate customers. Inaddition, the forecast reflects the assumption of a “25% recovery in overseas travelers (outbound and inbound) fromthe fourth quarter compared to the same period of 2019” which was announced on February 15, 2021. On the otherhand, the continuation of temporary contract work during the COVID-19 pandemic is still uncertain, and has been
excluded from the 4th quarter forecast.
In the Information and Communications Service Business, the current strong base and the increase in in-houseservices (monthly subscription) has been reflected in the forecast figures. In addition, they also reflect the impact of
the launch of “Vision Denki” on the current fiscal year ending December 31, 2021 (sales: -26 million yen, operating
profit: -166 million yen).
The Group will strive to increase earnings and profitability through flexible business operations during the COVID-

19 pandemic, while aggressively developing new businesses and services (including improvements in convenience)in anticipation of the post-pandemic situation, and will conduct its business activities with the aim of achieving
growth that exceeds our growth potential prior to the COVID-19 pandemic.
Note: The above forecast is based on currently available information and certain assumptions that we have judged
to be reasonable; however, actual results may differ from these forecasts due to various factors in the future.