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||%|
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.
|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
|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.