It is also to notify you that due to the determination of the selling price, we will record gain on sale of shares of subsidiaries and affiliates (extraordinary income) as follows.
1. Selling Price
1,495.80 yen per share
(FYI) Summary of the sale
Class of share to be offered Common stock of BEENOS Inc.
Number of shares to be offered 3,084,000 shares (25.14% of the outstanding shares）
Number of shares after the sale 0 shares
2. Gain on Sale of Shares of Subsidiaries and Affiliates and Outlook
The selling price will be 4.6 billion yen and the Company forecasts extraordinary income of about
3.1 billion yen from the gain on sale of shares in the above-mentioned subsidiary for FY2016.
Although it is assumed that impact of net profit for FY2016 estimates about 1.7 billion yen, forecast for FY2016 remains unchanged from the one released in July 21, 2016 since progress rate of profit attributable to shareholders of parent (3Q FY2016) is 88% (12.2 billion yen) with the guideline and considering positive up-front investment for“AbemaTV” an internet TV station in 4Q FY2016.
※The earnings forecast, etc. contained in this notice are based on CyberAgent Group judgments, which were made according to the information available at the time of publication. Readers are reminded that actual earnings may diverse from this forecast due to a wide variety of reasons.