AOKI Holdings Inc. revised consolidated earnings guidance for the fiscal year ended March 31, 2021. For the year, the company expects sales of JPY 142,000 million, operating loss of JPY 7,500 million, loss attributable to owners of parent of JPY 12,300 million and net loss per share of JPY 145.12 against sales of JPY 151,300 million, operating loss of JPY 2,000 million, loss attributable to owners of parent of JPY 5,350 million and net loss per share of JPY 63.12 expected previously. The initial forecast announced on September 23, 2020 was based on the outlook for a continuation of the spread of infections to some extent accompanied by a slow resumption of economic activity resulting in spring 2021 ceremonies for new students and new employees and other events generally as usual. However, the number of infections began to increase rapidly in late November. Coming of age ceremonies in early January 2021 were canceled or downsized, but sales and earnings in the first nine months were still mostly consistent with the fiscal year forecast, with the Entertainment Business somewhat behind the forecast.