Earnings release
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Translation Notice : This document is an excerpt translation of the original Japanese document and is only for reference purposes . In the event of any discrepancy between this translated document and the original Japanese document , the latter shall prevail . Summary of Consolidated Financial Results for the Year Ended March 31 , 2021 ( Based on Japanese GAAP ) Company name : TOYO CONSTRUCTION CO . , LTD . Stock exchange listing : Tokyo Stock code : 1890 URL https://www.toyo-const.co.jp/ Representative : Representative Director , President Executive Officer General Manager , Kyoji Takezawa Inquiries : Administration Dept. Mamoru Sato TEL 03-6361-5450 May 12 , 2021 Scheduled date to file Securities Report : Business Administration Div . Scheduled date of ordinary general meeting of shareholders : Scheduled date to commence dividend payments : June 25 , 2021 June 25 , 2021 June 28 , 2021 Preparation of supplementary material on financial results : Holding of financial results meeting : Yes Yes ( for institutional investors and analysts ) ( Amounts less than one million yen are rounded down ) 1. Consolidated financial results for the year ended March 31 , 2021 ( from April 1 , 2020 to March 31 , 2021 ) ( 1 ) Consolidated operating results Percentages indicate year - on - year changes Net sales Year ended March 31 , 2021 Year ended March 31 , 2020 Millions of yen 172,976 174,805 % ( 1.0 ) 6.7 Operating profit Millions of yen 14,259 9,268 Ordinary profit % 53.8 18.6 Millions of yen 14,103 9,168 % 53.8 13.6 Profit attributable to owners of parent Millions of yen 9,176 59.1 5,766 5.9 % Earnings per share Diluted earnings per share Profit attributable to owners of Ordinary profit / total Operating profit / net assets sales parent / equity Yen Yen % % % Year ended March 31 , 2021 Year ended March 31 , 2020 ( 2 ) Consolidated financial position Total assets 97.65 15.3 9.9 8.2 61.31 10.7 6.6 5.3 As of March 31 , 2021 Millions of yen 148,953 135,516 As of March 31 , 2020 ( 3 ) Consolidated cash flows Year ended March 31 , 2021 Year ended March 31 , 2020 Cash flows from operating activities 2. Cash dividends Net assets Equity ratio Net assets per share Millions of yen 65,875 57,329 % Yen 43.1 684.14 41.3 595.12 Cash flows from investing activities Cash flows from financing activities Cash and cash equivalents at end of period Millions of yen ( 6,548 ) ( 269 ) Millions of yen Millions of yen ( 961 ) ( 2,966 ) ( 2,095 ) ( 2,632 ) Millions of yen 16,670 26,181 Annual dividends per share Year ended March 31 , 2020 Year ended March 31 , 2021 1st quarter - end 2nd quarter - end 3rd quarter - end Fiscal year - end Yen Yen Yen Year ending March 31 , 2022 ( Forecast ) Total Yen Yen Millions of yen Total cash dividends ( Total ) Dividend payout ratio ( Consolidated ) Ratio of dividends to net assets ( Consolidated ) % % 15.00 15.00 1,414 24.5 2.6 25.00 25.00 2,358 25.6 3.9 20.00 20.00 31.3