Notice Regarding Revision of Full-Year Earnings Guidance

Details of the Earnings Guidance Revision

The consolidated earnings forecast for the fiscal year ending March 2026 has been revised: net sales increased by 1.5% from the previous forecast of JPY 544,300 million to JPY 552,700 million; operating loss improved from ▲JPY 10,500 million to ▲JPY 7,200 million; ordinary loss improved from ▲JPY 7,400 million to ▲JPY 2,300 million. Net income attributable to owners of the parent is expected to rise 21.6% from JPY 18,500 million to JPY 22,500 million. By segment, net sales and operating income in the Media & Content business, Urban Development & Tourism business, and Other businesses are all projected to exceed the previous forecast.

Reasons for the Revision and Future Outlook

Consolidated results through the third quarter of the fiscal year ending March 2026 showed that terrestrial TV advertising revenues at Fuji Television declined primarily in the first half, resulting in operating losses; however, recovery in terrestrial TV advertising revenue is progressing in the full year. Additionally, the Media & Content business and other consolidated subsidiaries have performed steadily. In the Urban Development & Tourism business, strong real estate sales and condominium sales along with robust inbound demand have supported high hotel occupancy rates. Based on these factors, sales, operating income, ordinary income, and net income are all expected to exceed prior forecasts, prompting this revision of earnings guidance.