Epson Announces Year End Financial Results

On April 30, Seiko Epson Corp. announced its financial results for the year ended March 31, 2020.

(1) Consolidated Operating Results

(%: Change from the previous year)

Revenue Business Profit Profit from operating activities Profit before tax Profit for the period Profit for
the period attributable
to owners of the parent company
Mill.
of yen
% Mill. of yen % Mill. of yen % Mill. of yen % Mill. of yen % Mill. of yen %
Y/E
3/31, 2020
1,043,600
4.2
40,861
42.0
39,479
44.7
39,713
44.9
7,823
85.5
7,733
85.6
Y/E
3/31, 2019
1,089,676
1.1
70,498
5.7
71,355 9.8 72,040 15.0 54,044 29.4 53,710 28.4

Note:

Total comprehensive income for the period: Year ended March 31, 2020 (¥3,869) million (-%)
Year ended March 31, 2019 ¥49,542 million (19.1%)

Business profit is calculated by subtracting Cost of sales and Selling, general and administrative expenses from Revenue.

Basic earnings
per share
Diluted earnings
per share
ROE*1 ROA*2 ROS*3
Yen Yen % % %
Year ended March 31, 2020 22.26 22.25 1.5 3.9 3.9
Year ended March 31, 2019 152.49 152.44 10.2 6.8 6.5

*1 Profit for the period attributable to owners of the parent company / Equity attributable to owners of the parent company (avg. balance)
*2 Business profit / Total assets (avg. balance)
*3 Business profit / Revenue

Reference: Equity gains (losses) of affiliates: Year ended March 31, 2020 ¥77 million
Year ended March 31, 2019 ¥99 million

(2) Consolidated Financial Position

Total assets Total equity Equity attributable to owners of the parent company Equity attributable to owners of the parent company ratio Equity attributable to owners of the parent company, per share
Millions of yen Millions of yen Millions of yen % Yen
As of March 31, 2020 1,040,910 506,037 503,746 48.4 1,456.20
As of March 31, 2019 1,038,389 542,747 540,181 52.0 1,533.57

(3) Consolidated Cash Flows

Net cash from (used in) operating activities Net cash from (used in) investing activities Net cash from (used in) financing activities Cash and cash equivalents at end of period
Millions of yen Millions of yen Millions of yen Millions of yen
Year ended March 31, 2020 102,324 (76,131) (283) 196,245
Year ended March 31, 2019 76,961 (82,738) (49,430) 175,238

2. Cash Dividends

Cash dividends per share Total cash
dividends
Dividend
payout ratio
Ratio of dividends to equity attributable to owners of the parent company
1st Quarter 2nd Quarter 3rd Quarter Year End Year Total
Yen Yen Yen Yen Yen Millions of yen % %
Year ended March 31, 2019 31.00 31.00 62.00 21,848 40.7 4.1
Year ending March 31, 2020 31.00 31.00 62.00 21,463 278.5 4.1
Year ending March 31, 2021(Forecast) 31.00 31.00 62.00

* Dividend payout ratio for the fiscal year ending in March 2021 has not been calculated because the consolidated financial outlook has not been finalized.

3. Forecast for the Year ending March 31, 2021 (From April 1, 2020 to March 31, 2021)

It is not possible at this stage to accurately and reasonably calculate the impact of the coronavirus pandemic. Therefore, the consolidated financial outlook for the fiscal year ending in March 2021 has yet to be finalized.
The financial outlook will be announced as soon as it is possible to do so.

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