NEWS DETAIL

  • Source : Press Release
  • Date : 2022-05-12
  • Companies : Sysmex Corp.

Sysmex Announces Changes from Financial Forecasts and Year-End Dividend for the Fiscal Year Ended March 31, 2022

Sysmex Corporation (HQ: Kobe, Japan; Chairman and CEO: Hisashi Ietsugu) announces certain differences between its financial forecast on November 10, 2021, for the fiscal year ended March 31, 2022 (April 1, 2021, to March 31, 2022) and the actual results announced today. Furthermore, at a meeting of the Managing Board on May 12, 2022, Sysmex resolved to award dividends from surplus as described below, with a record date of March 31, 2022. We intend to propose this payment of dividends from surplus at the General Meeting of Shareholders scheduled for June 24, 2022.

1. Change from Financial Forecasts 

(1) Consolidated Financial Results for Fiscal Year from April 1, 2021, to March 31, 2022

(Millions of yen, %)

 

Net sales

Operating 
profit

Profit 
before tax

Profit attributable to 
owners of the parent

Basic earnings 
per share (Yen)

Previous forecast (A)

360,000 

66,000  63,000  44,000  210.50

Actual results (B)

363,780 

67,416  64,346  44,093  210.88

Difference (B–A)

3,780 

1,416  1,346  93

Rate of change (%)

1.0 

2.1  2.1  0.2 

(Reference) Previous fiscal year

305,073 

50,010  46,251  31,905  152.73

(2) Reason 

Consolidated net sales were higher than previously expected, owing to favorable sales in the EMEA region and lower yen exchange rates than we had assumed earlier. On the profit front, operating profit, profit before tax and profit attributable to owners of the parent outpaced our previous expectations due to higher-than-expected consolidated net sales and a decline in selling, general and administrative expenses, owing to sales activities being constrained due to COVID-19. 

A change in the accounting treatment of cloud computing contracts during the fiscal year under review has been applied retroactively to the previous fiscal year’s figures, which are provided for reference. 

For details, please see the “Summary of Consolidated Financial Results for the Fiscal Year Ended March 31, 2022,” disclosed today (May 12, 2022). 

2. Dividend from Surplus 

(1) Dividend

 

Resolution

Previous forecast
(announced February 10, 2022)

Dividends paid in the 
year ended March 31, 2021

Record date

March 31, 2022

March 31, 2022

March 31, 2021

Dividend per share

¥39

¥37

¥36

Total dividends

¥8,159 million

¥7,523 million

Effective date

June 27, 2022

June 28, 2021

Source of dividends

Retained earnings

Retained earnings

(2) Reason 

In terms of returns to shareholders, we intend to provide a stable dividend on a continuous basis and aim for a consolidated payout ratio of 30% under our basic policy of sharing the successes of our operations in line with business performance. In accordance with this policy, we have set the ordinary year-end dividend for the fiscal year ended March 31, 2022, at ¥39 per share. Accordingly, annual total dividends will be ¥76 and the consolidated payout ratio will be 36.0%.

(Reference) Breakdown of Dividends for the Year

 

 

Dividend per share

 

 

Interim

Year-end

For the year

Previous forecast

¥37

¥37

¥74

Fiscal year ended March 31, 2022

¥37

¥39 ¥76

Fiscal year ended March 31, 2021

¥36

¥36 ¥72