FY2021-Q2 cumulative: substantial revenue decline, lower operating and ordinary profit, and net loss attributable to owners of the parent

「Against this backdrop, consolidated revenue for the six months ended September 2020 decreased by ¥35,106 million (16.8%) year on year to ¥174,478 million. This reflected a substantial decline in terrestrial television advertising revenue, particularly spot advertising revenue, in the core media and content business, as well as lower facility usage revenue in the lifestyle and health-related business due to the closure of sports clubs during the COVID-19 pandemic and a substantial decline in membership. As a result, operating profit decreased by ¥8,005 million (46.7%) year on year to ¥9,119 million, while ordinary profit decreased by ¥9,555 million (46.0%) to ¥11,199 million, due partly to the recording of equity-method investment losses. Although gains on sales of investment securities were recorded as extraordinary income, net loss attributable to owners of the parent was ¥5,656 million, compared with net profit attributable to owners of the parent of ¥13,639 million in the same period of the previous year, due mainly to impairment losses on fixed assets, including goodwill related to the lifestyle and health-related business, and losses attributable to COVID-19 recorded as extraordinary losses.」