Asahi Broadcasting : SUMMARY OF CONSOLIDATED FINANCIAL REPORT FOR THE FIRST QUARTER OF FISCAL 2020

CONSOLIDATED FINANCIAL REPORT

FOR THE FIRST QUARTER OF FISCAL 2020

(The Fiscal Year Ending March 31, 2021 under Japanese GAAP)

			August 3, 2020
Company Name:	Asahi Broadcasting Group	Stock Exchange Listing:	Tokyo Stock Exchange
Holdings Corporation
Securities Code:	9405	URL https://corp.asahi.co.jp/en/
Representative:	Susumu Okinaka, Representative Director and President
Inquiries:	Hirokazu Ueda, Manager, Financial Affairs Division	TEL: [phone]

Scheduled Date of Securities Report Filing: August 13, 2020

Scheduled Date of Dividend Payment Commencement: ―

Preparation of Quarterly Supplementary Explanatory Materials: Yes

Quarterly Results Briefing Held: No

(Figures are rounded down to the nearest million yen unless otherwise stated.)

1. Consolidated Financial Results for the First Quarter of Fiscal 2020 (April 1, 2020 to June 30, 2020)

(1) Consolidated Operating Results (Cumulative)

(Percentage figures show the year-on-year increase (decrease) for each corresponding period.)

Net Sales

Operating Income

Ordinary Income

Profit attributable to

owners of parent

¥ million

%

¥ million

%

¥ million

%

¥ million

%

First Quarter of

15,353

(20.7)

(672)

―

(511)

―

(353)

―

Fiscal 2020

First Quarter of

19,368

0.4

598

235.4

777

111.0

486

(55.9)

Fiscal 2019

Note: Comprehensive Income

First Quarter of fiscal 2020:

¥-248 million (-%)

First Quarter of fiscal 2019:

¥58 million (96.6%)

Basic Earnings per

Diluted Earnings per

Share

Share

¥

¥

First Quarter of

(8.63)

―

Fiscal 2020

First Quarter of

11.90

―

Fiscal 2019

(2) Consolidated Financial Position

Total Assets

Net Assets

Equity-to-Asset Ratio

¥ million

¥ million

%

June 30, 2020

114,658

68,462

56.4

March 31, 2020

114,786

69,091

56.8

(Reference) Shareholders' Equity June 30, 2020

¥64,652 million

March 31, 2020:

¥65,230 million

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2. Dividends

		Annual Dividend per Share
	1Q-End	2Q-End	3Q-End	Period-End	Total
	¥	¥	¥	¥	¥
Fiscal 2019	―	9.00	―	9.00	18.00
Fiscal 2020	―
Fiscal 2020 (Forecast)		―	―	―	―

Notes: Revisions from recently announced dividend forecast: None

3. Consolidated Financial Results Forecasts for Fiscal 2020 (April 1, 2020 to March 31, 2021)

(Percentage figures show the year-on-year increase (decrease).)

	Net Sales		Operating Income	Ordinary Income	Profit attributable	Basic Earnings per
		to owners of parent	Share
	¥ million		%	¥ million	%	¥ million	%	¥ million	%	¥
Full Fiscal Year	72,500	(12.6)	200	(94.1)	500	(86.2)	300	(86.8)	7.31
Note: Revisions from recently announced performance forecast: Yes

* Notes

(1) Changes in the number of important subsidiaries during the period: None

(2) Application of special accounting treatment for the preparation of the quarterly consolidated financial statements: None

(3) Changes in accounting policies, accounting estimates and restatements

1) Changes in accounting policies in accordance with changes in accounting standards, etc.: None

2) Changes in accounting policies other than 1): None

3) Changes in accounting estimates: None

4) Restatements: None

(4) Number of shares issued and outstanding (common shares)
1)	Number of shares issued and outstanding as of	June 30, 2020	41,833,000	March 31,	41,833,000
	the period-end (including treasury shares)		shares	2020	shares
2)	Number of treasury shares as of the period-end	June 30, 2020	850,176	March 31,	850,078
			shares	2020	shares
3) Average number of shares issued and	June 30, 2020	40,982,873	June 30,	40,895,790
	outstanding for the period		shares	2019	shares

• This financial report is exempt from the quarterly review procedure.
• Explanation concerning the appropriate use of forecasts and other special instructions (Caution regarding forward-looking statements, etc.)
  Results forecasts and other forward-looking statements contained in this report are based on the assumptions, beliefs, and uncertainties in light of information available to the Company's management as of the publication date and do not represent promises by the Company or its management that these performance figures will be attained. Actual results may differ materially from forecasts due to a variety of factors.

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