Gurunavi, Inc. announced revision of interim and full year business forecast for the fiscal year ending March 31, 2023. Revised consolidated full-year business forecast for the fiscal year ending March 31, 2023 (April 1, 2022 to March 31, 2023), Forecast previously announced was Net Sales were JPY 12,800 million, Operating loss expected to be JPY 3,250 million, Ordinary loss expected to be JPY 3,250 million, Net loss attributable to owners of parent expected to be JPY 3,300 million or JPY 62.79 Basic loss per share against new forecast of Net Sales were JPY 12,800 million, Operating loss expected to be JPY 2,550 million, Ordinary loss expected to be JPY 2,550 million, Net loss attributable to owners of parent expected to be JPY 2,400 million or JPY 46.42 Basic loss per share.

For the interim fiscal year ending March 31, 2023 (April 1, 2022 to September 30, 2022), Forecast previously announced was Net Sales were JPY 5,300 million, Operating loss expected to be JPY 3,050 million, Ordinary loss expected to be JPY 3,200 million, Net loss attributable to owners of parent expected to be JPY 3,230 million or JPY 60.13 Basic loss per share against new forecast of Net Sales were JPY 5,300 million, Operating loss expected to be JPY 2,500 million, Ordinary loss expected to be JPY 2,500 million, Net loss attributable to owners of parent expected to be JPY 2,330 million or JPY 43.76 Basic loss per share.