Notice of Differences between Consolidated Business Forecast and Actual Results for the First Half of the Fiscal Year Ending March 31,2022,Revision of Full-Year Consolidated Business Forecast and Dividends
|
Dear All |
8-Nov-21 |
|
Company Name: |
Fujikura Ltd. |
|
Representative: |
Masahiko Ito, Director of President, CEO |
|
(Code: 5803 First Section of TSE) |
|
|
Inquiries: |
Masayoshi Yamanaka, General Manager of |
|
Corporate Strategy Planning Division |
|
|
(TEL. +81-3-5606-1112) |
Notice of Differences between Consolidated Business Forecast and Actual Results for the First Half of the Fiscal Year Ending March 31, 2022, Revision of Full-Year Consolidated Business Forecast and Dividends
Fujikura Ltd. (hereinafter referred to as “the Company”) hereby announces the difference between the consolidated business forecast for the first half of the fiscal year ending March 31, 2022 and the actual results, and the revision of the consolidated business forecast for the full fiscal year ending March 31, 2022, which was announced on August 5, 2021.
In addition, the Company has decided to on an interim dividend as follows, which was undecided as of August 5, 2021.
1. Differences between Business Forecasts and Actual Results
Differences between Business Forecast and Actual Results for the First Half of the Fiscal Year Ending March 31, 2022 (April 1, 2021 – September 30, 2021)
|
(Consolidated Basis) |
(Unit: Million yen) |
|||||
|
Net sales |
Operating Income |
Ordinary Income |
Profit Attributable |
Net Income per |
||
|
to Owners of Parent |
Share (Yen) |
|||||
|
The Previous Forecast (A) |
328,000 |
16,500 |
14,000 |
9,000 |
32.67 |
|
|
Actual results (B) |
328,093 |
18,597 |
16,715 |
17,188 |
62.37 |
|
|
Change (B – A) |
93 |
2,097 |
2,715 |
8,188 |
||
|
Changed Ratio (%) |
0.0 |
12.7 |
19.4 |
91.0 |
||
|
Result for the 1H of the Previous |
300,512 |
8,906 |
7,444 |
746 |
2.71 |
|
|
Fiscal Year |
||||||
※Reasons for the Difference between Business Forecasts and Actual Results
Both operating income and ordinary income increased due to factors such as the continued high demand for data centers and FTTx in various countries in the Power & Telecommunication Systems Business Division and the impact of an improved product mix in the Electronics Business Division.
Profit for the quarter attributable to shareholders of the parent increased compared to the previous forecast, as business structure improvement expenses planned for the first half are occurred in the second half.
2. Forecast of Consolidated Business Performance
Forecast for the Full-year of the Fiscal Year Ending March 31, 2022 (April 1, 2021 – March 31, 2022)
|
(Consolidated Basis) |
(Unit: Million yen) |
||||||
|
Net Sales |
Operating Income |
Ordinary Income |
Profit Attributable |
Net Income per |
|||
|
to Owners of Parent |
Share (Yen) |
||||||
|
The Previous Forecast (A) |
635,000 |
29,500 |
25,500 |
15,000 |
54.45 |
||
|
Current Forecast (B) |
644,000 |
30,000 |
25,500 |
15,000 |
54.43 |
||
|
Change (B – A) |
9,000 |
500 |
0 |
0 |
|||
|
Changed Ratio (%) |
1.4 |
1.7 |
0.0 |
0.0 |
|||
|
Result for the Full-year of the |
643,736 |
24,422 |
18,380 |
△ 5,369 |
△ 19.50 |
||
|
Previous Fiscal Year |
|||||||
※Reasons for the Revision of the Business Forecast
Demand for data centers and FTTx in the Power & Telecommunication Systems Business Division and demand attributed to Stay Home in the Electronics Business Division continued to be strong. On the other hand, in the Automotive Business, the spread of the novel coronavirus infection (COVID-19) in Southeast Asia and the shortage of semiconductors at customers had a negative impact.
As a result of the increase and decrease the full-year results were on par with the previous announcement.
3.Determination of Interim Dividends
|
Determined |
The prior Forecast |
Result in FY2020 |
|
|
（August 5, 2021） |
|||
|
Dividend Record Date |
September 30,2021 |
Same as the Left |
September 30,2020 |
|
Yen |
Yen |
Yen |
|
|
Net Income per Share |
0.00 |
－ |
0.00 |
|
Total Dividends |
－ |
－ |
－ |
|
Date of Effectiveness |
－ |
－ |
－ |
|
Dividend Source |
－ |
－ |
－ |
The Company has decided not to pay the interim dividend, which was undecided as of August 5,2021 in consideration of comprehensive view dividend because of comprehensive consideration in light of the fact that the Company is still in the process of business restructuring.
The year-end dividend will remain undecided as we are still in the process of business restructuring.
Notes： The aforementioned forecasts are based on the information currently available to the “Company”
Actual results may differ from the forecasts due to various factors arising in the future.
Disclaimer
Fujikura Ltd. published this content on 08 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 November 2021 06:57:05 UTC.
Publicnow 2021
|
|
|
|
|
|
||||
Technical analysis trends FUJIKURA LTD.
| Short Term | Mid-Term | Long Term | |
| Trends | Bearish | Neutral | Bullish |
Income Statement Evolution
|
Sell  Buy |
|
| Mean consensus | OUTPERFORM |
| Number of Analysts | 8 |
| Last Close Price | 588,00 JPY |
| Average target price | 751,25 JPY |
| Spread / Average Target | 27,8% |
Fiverr
