Financial Highlights and Earnings Distributions

Financial Highlights

(millions of yen)

2020/3 2021/3 Year-on-year change
Net sales 82,379 87,171 +5.8%
Ordinary income 9,906 11,582 +16.9%
Net income 7,043 8,611 22.3%

Dividends

(yen)

2018/3 2019/3 2020/3 2021/3 2022/3(forecast)
Interim 45.0 50.0 50.0 50.0 26.0*
Year-end 45.0 50.0 50.0 53.0 27.0*
Total 90.0 100.0 100.0 103.0 53.0*
Payout ratio (%) 30.3 44.7 42.3 34.8 -

* The FY2022/3 dividend and dividend payout ratio are the forecasts announced on May 13, 2021 with FY2021/3 results of operations.
* The Company conducted a stock split at a ratio of 2 shares per common share with April 1st, 2021 as the effective date. For the fiscal years ending March 2020 and 2021, the actual amount of dividends before the stock split is stated.