News
Notice Regarding Revisions of Earnings Guidance and Dividend Forecast
Apr 28, 2021
TechnoPro Holdings, Inc. today announced a revision of its consolidated earnings guidance and dividend forecast for the fiscal year ending June 30, 2021, which was announced on February 2, 2021, as follows:
1. Revision of Consolidated Full Year Earnings Guidance for the Fiscal Year Ending June 30, 2021 (July 1, 2020 – June 30, 2021)
| Revenue | Operating profit | Profit before income taxes | Net profit attributable to owners of the parent company | Net profit per share (yen) | |
|---|---|---|---|---|---|
| Previous guidance (A) | 156,500 | 17,000 | 16,900 | 11,500 | 320.25 |
| Revised guidance (B) | 159,000 | 18,000 | 18,000 | 12,300 | 342.54 |
| Difference (B−A) | 2,500 | 1,000 | 1,100 | 800 | 22.29 |
| Difference (%) | 1.6% | 5.9% | 6.5% | 7.0% | 7.0% |
| (Reference) FY20.6 results | 158,407 | 15,772 | 15,843 | 10,825 | 299.97 |
2. Revision of Year-End Dividend Forecast
| Annual dividend per share (yen) | |||
|---|---|---|---|
| Interim | Year-end | Total | |
| Previous forecast | — | ¥111.00 | ¥161.00 |
| Revised forecast | — | ¥122.00 | ¥172.00 |
| Dividends for the current period (FY21.6) | ¥50.00 | — | — |
| (Reference) Dividends paid for the previous period (FY20.6) | ¥50.00 | ¥100.00 | ¥150.00 |
3. Reason for the Revision
Although the uncertainty about the economic outlook still continues due to the spread of the COVID-19 infection, demand for the engineering professional services remains solid. With regard to the full-year consolidated earnings guidance for the fiscal year ending June 30, 2021, consequently, both revenue and profits are expected to exceed the previous guidance. For further details, please see “TechnoPro Group Financial Results for the 3rd Quarter of FYE June 2021” disclosed today (April 28, 2021).
TechnoPro Holdings, Inc.’s basic stance on shareholder return is to maintain stable payment of interim and year-end dividend every year, in accordance with the dividend policy to distribute profits linked to business performance at the expected full-year dividend payout ratio of 50%.
Upon the announcement of the revised full-year earnings guidance above, TechnoPro Holdings, Inc. sets a plan to distribute a year-end dividend of ¥122.00 per share for the current fiscal year in line with the full-year dividend payout ratio of 50% (total annual dividend of ¥172.00 per share, including interim dividend of ¥50.00), representing an increase of ¥11.00 per share compared with the previous forecast.
- (Note)The above guidance and other forward-looking statements are based on information currently available to the Company and certain other premises judged to be reasonable, and the actual results may differ materially due to various factors.
(Note on translation)
This document is provided for informational purpose only. If there are any discrepancies between this and the original, the original Japanese document prevails.