SB Technology Corp.
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We would like to inform you that at the board of directors meeting held today, the Company resolved to revise the consolidated business forecast announced on July 19, 2023 and the dividend forecast announced on April 27, 2023 as follows.
Record
1. Regarding revisions to performance forecasts
(1) Revision of consolidated financial forecast figures for the fiscal year ending March 2024 (April 1, 2023 to March 31, 2024)
| 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) | 68,000 | 5,900 | 5,750 | 8,200 | 410.37 |
| This revised forecast (B) | 67,000 | 5,600 | 5,450 | 8,300 | 417.44 |
| Increase/decrease amount (B-A) |
△1,000 | △300 | △300 | 100 | ‐ |
| Rate of change(%) | △1.5 | △5.1 | △5.2 | 1.2 | - |
| (For your reference) Previous period results (Fiscal year ending March 2023) |
67,227 | 5,557 | 5,499 | 3,497 | 175.03 |
(Note) Net income per share was calculated using the average number of shares at the end of the previous fiscal year at the time of disclosure of business forecasts on July 19, 2023. We have determined that it is appropriate, and the calculation is based on the average number of shares during the fiscal year from the time of disclosure of the short report on July 27, 2023.
(2) Reasons for revision of earnings forecasts
For the current fiscal year, sales, operating income, and ordinary income are expected to be lower than previously announced forecasts, mainly due to the revision of consolidated subsidiary Cybertrust Japan Co., Ltd. 's forecasts, so we have revised our full-year consolidated forecasts. . On the other hand, due to the impact of the stock transfer of Fontworks, Inc., net income attributable to owners of the parent company is expected to exceed the previously announced forecast, so we have revised our full-year consolidated performance forecast upward.
2. Regarding revision of dividend forecast (dividend increase)
(1) Revision of year-end dividend forecast for the fiscal year ending March 2024
| annual dividend | |||
|---|---|---|---|
| End of second quarter | end of term | total | |
| Previous prediction (Published on April 27, 2023) |
－ | 30 yen 00 sen | 60 yen 00 sen |
| This revised forecast | － | 40 yen 00 sen | 70 yen |
| Actual results for the current period | 30 yen 00 sen | － | － |
| Previous period results (Fiscal year ending March 2023) |
25 yen | 35 yen | 60 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 our shareholders, we basically pay stable and continuous dividends, taking into comprehensive consideration each fiscal year's consolidated results, investment plans, cash on hand, etc. However, stock price trends Our policy is to consider the acquisition and cancellation of treasury stock as necessary, taking into consideration factors such as the Company's financial position and financial situation. 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 2024 has been revised to 40 yen per share, an increase of 10 yen from the previous forecast, as we expect to secure an increase in operating income based on the revisions to the full-year earnings forecast. That's it.
At the end of the second quarter, we paid an interim dividend of 30 yen per share, which brings the annual dividend forecast for the current period to 70 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.
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
