Notice Concerning Revisions of Financial Results Forecasts and Dividend Forecasts

Note: This document has been translated from the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail.

May 8, 2026

Company Name: Asahi Broadcasting Group Holdings Corporation Representative: Masayuki Nishide, President & CEO (Securities Code: 9405, Tokyo Stock Exchange Prime Market)

Inquiries: Daisuke Niizuma, General Manager, Management Strategy Division

(TEL: +81-6-6458-5321)

Asahi Broadcasting Group Holdings Corporation ("the Company") announces the revisions of its full-year consolidated financial results forecasts for the fiscal year ended March 31, 2026 (April 1, 2025 to March 31, 2026) announced on November 10, 2025, and dividend forecasts announced on March 9, 2026, in light of recent performance trends and other factors, as follows.

1. Revision of financial results forecasts

   1. Revision of full-year consolidated financial results forecasts for the fiscal year ended March 31, 2026 (April 1, 2025 to March 31, 2026)

      	Net Sales	Operating Profit	Ordinary Profit	Profit Attributable to Owners of Parent	Basic Earnings per Share
      Previously announced forecasts (A)	¥ million	¥ million	¥ million	¥ million	¥
      	92,700	3,600	3,700	4,100	98.15
      Revised forecasts (B)	95,998	4,763	4,415	4,456	106.69
      Change (B-A)	3,298	1,163	715	356
      Percentage change (%)	3.6	32.3	19.3	8.7
      (Ref) Actual results for the previous fiscal year (Fiscal year ended March 31, 2025)	91,923	2,591	2,506	2,502	59.95

   2. Reasons for the revision

   The Company upwardly revised its full-year consolidated financial results forecasts for net sales, operating profit, ordinary profit, and profit attributable to owners of the parent, mainly due to an upward trend in broadcasting revenue compared with the previous forecast, supported by strong viewer ratings and the expansion of secondary use and streaming of content in the Group's mainstay broadcasting and content business, and the events business continuing to perform steadily even after the closing of Expo 2025 Osaka, Kansai, Japan.

   Note: The forecasts presented above are based on information that is currently available to the Company and certain assumptions that are judged to be reasonable. Actual results may differ from the forecasts due to various factors.

2. Revision of the dividend forecasts

1. Revision of the dividend forecasts for the fiscal year ended March 31, 2026

   	Annual dividends
   	Second quarter-end	Fiscal year-end	Total
   Previous forecasts (Announced on March 9, 2026)	¥ -	¥ 22.00	¥ 30.00
   Revised forecasts	-	25.00	33.00
   Actual results for the current fiscal year	8.00
   Actual results for the previous fiscal year (Fiscal year ended March 31, 2025)	6.00	7.00	13.00

2. Reasons

Returning appropriate levels of profits to all shareholders is one of the most important management issues for the Company. With respect to the distribution of profits, given the Company's responsibility as a certified broadcasting holding company, it will take into comprehensive account factors such as operating results, the dividend payout ratio, and an appropriate level of internal reserves, while also constantly being aware of the balance between strengthening and maintaining the Company's financial position and making investments for supporting increases in corporate value and growth strategies. In accordance with this policy, the Company will use a dividend payout ratio of 30% as a guideline based on profit attributable to owners of parent, while aiming to achieve a stable dividend payout ratio of 40% over the medium to long term.

In light of the revision to the financial results forecasts announced today, the Company revised the fiscal year-end dividend forecast to 25 yen per share, an increase of 3 yen from the previous forecast. As a result, the annual dividend is forecasted to be 33 yen.