SB Technology Corp.
We would like to inform you that at the board of directors meeting held today, the Company resolved to revise the consolidated business forecast and dividend forecast announced on October 27, 2021 as follows.
Record
1. Regarding revisions to performance forecasts
(1) Revision of consolidated financial forecast figures for the fiscal year ending March 2022 (April 1, 2021 to March 31, 2022)
| Net sales | Operating income | Ordinary profit | Net income attributable to owners of parent company | per share net income |
|
|---|---|---|---|---|---|
| One million yen | One million yen | One million yen | One million yen | yen coin | |
| Previously announced forecast (A) | 65,000 | 4,600 | 4,600 | 2,800 | 138.40 |
| This revised forecast (B) | 65,000 | 5,000 | 5,000 | 3,000 | 148.25 |
| Increase/decrease amount (B-A) |
0 | 400 | 400 | 200 | ‐ |
| Rate of change(%) | 0.0 | 8.7 | 8.7 | 7.1 | - |
| (For your reference) Previous period results (Fiscal year ending March 2021) |
52,533 | 3,855 | 3,981 | 2,428 | 120.25 |
The results for the previous fiscal year are presented as unaudited reference values that take into account major differences in the "accounting standards for revenue recognition."
(2) Reasons for revision of earnings forecasts
In addition to the need for domestic companies to utilize digital technology to strengthen their competitiveness, digitalization is further accelerating due to the spread of the new coronavirus infection, and companies are becoming more motivated to invest in DX. .
Based on the progress of consolidated results for the third quarter of the current fiscal year and the reduction in the risk of cost increases due to strengthened project cost management, the forecast values for operating income, ordinary income, and net income attributable to owners of the parent company are expected to exceed business forecasts. As a result, we have revised our full-year consolidated earnings forecast upward.
2. Regarding revision of dividend forecast (dividend increase)
(1) Revision of year-end dividend forecast for the fiscal year ending March 2022
| annual dividend | |||
|---|---|---|---|
| End of second quarter | end of term | total | |
| Previous prediction (Published on October 27, 2021) |
－ | 20 yen 00 sen | 40 yen 00 sen |
| This revised forecast | － | 30 yen 00 sen | 50 yen 00 sen |
| Actual results for the current period | 20 yen 00 sen | － | － |
| Previous period results (Fiscal year ending March 2021) |
15 yen | 25 yen | 40 yen 00 sen |
(2) Reason for modification
Our company positions the interests of our shareholders as one of our most important management policies, and strives to continuously improve our corporate value while strengthening our corporate structure. As a policy for returning profits to shareholders, we basically consider distributing results through dividends, and pay stable and continuous dividends while comprehensively taking into account each fiscal year's consolidated results, investment plans, cash on hand, etc. The policy is to implement the following. Additionally, the Company's policy is to pay dividends from surplus twice a year: an interim dividend and a year-end dividend.
The year-end dividend forecast for the fiscal year ending March 2022 has been revised to 30 yen per share, an increase of 10 yen from the previous forecast, based on the upward revision of the full-year earnings forecast.
At the end of the second quarter, we paid an interim dividend of 20 yen per share, so the annual dividend forecast for the current period is 50 yen per share.
(Note) The above forecasts have been prepared based on information currently available to the Group, so please be aware that actual results may differ due to various future factors.
■The PDF of this release can be downloaded from the link below.
Click here for the PDF
Contact information for inquiries from media regarding this matter
○ SB Technology Corp. Corporate Planning Division Corporate Planning Department
Email: sbt-ir@tech.softbank.co.jp
