Earnings Forecast

With respect to earnings forecasts for the next fiscal year (ending September 2024), due to increased revenue in Internet Advertisement Business and Media Business, consolidated sales is expected to be ¥750 billion (up 4.1% from the previous fiscal year). Expecting the longer life time of existing titles and release of new titles in Game Business, reduction of deficit on "ABEMA", the new TV of future, and improvement of operating income in Internet Advertisement Business, Consolidated operating income is expected to be ¥30 billion (up 22.2% from the previous fiscal year). The company expects to increase revenues and profits compared to the previous fiscal year. And, Consolidated ordinary income is expected to be ¥30 billion and Net income attribute to owners of the parent is expected to be ¥8 billion (up 50.0% from the previous fiscal year).

The Company recognizes that the return of profits to shareholders is an important management priority and intends to continue to pay dividends along with increasing the value of our shares over a medium to long-term through business growth and improving capital efficiency. Since the fiscal year 2016, the Company is investing in "ABEMA", the new TV of future, to develop it into a medium to long-term pillar, and set "DOE 5% or more" as a management indicator from the fiscal year 2017, to gain a medium to long-term support from our shareholders even during the investment period. Therefore, as a result of the publication of the full-year earnings forecast for the fiscal year 2024, the year-end dividend forecast is ¥15 yen to achieve the DOE of 5% or more. We will submit this matter to the 27th Annual General Meeting of Shareholders to be held in December 2024.