Notice of Revision of Consolidated Financial Forecasts
Feb 3, 2021
SKY Perfect JSAT Holdings Inc. (Head Office: Minato-ku, Tokyo; Representative Director, President: Eiichi Yonekura) revised its consolidated financial forecasts announced on November 4, 2020 for the Fiscal Year Ending March 31, 2021 (April 1, 2020 to March 31, 2021) as follows:
1.Revision of the Consolidated Financial Forecasts for the Fiscal Year Ending March 31, 2021 (April 1, 2020 to March 31, 2021)
2. Reasons for the Revision
In the Media Business, the effects of the cost restructuring have continuously realized, and expenditures related to sales promotion activities and content have been reduced due to the impact of the spread of the COVID-19. In the Space Business, profit from an overseas subsidiary and a reduction in operating costs in the domestic business. As a result, consolidated operating income is expected to increase, exceeding the previous announcement. Accordingly, ordinary income and profit attributable to owners of parent are also expected to exceed the forecast previously announced.
*The above forecasts and other forward-looking statements contained in this document are based on information currently available as of the date of publication of this document. Actual results may differ from these forecasts due to a variety of factors.