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This document is an AI translation of the Japanese original by translation software and its purpose is for reference only . Readers are advised that the Company does not guarantee the accuracy of the content contained in this document . In the event of any discrepancy between this translation and the Japanese original , the Japanese original shall prevail . Summary of Financial Statements for the Fiscal Year Ended March 31 , 2021 [ Japan GAAP , Consolidated ] Name of the Company : DESCENTE LTD . Code No .: 8114 Representative : Listed Exchange : TSE URL : http://www.descente.co.jp Shuichi Koseki , President May 14 , 2021 FASE Person responsible for inquiry : Akira Tsuchihashi , Director , Managing Executive Officer , CFO ( TEL ) + 81-3-5979-6111 Date of Annual General Meeting of Shareholders : Date of Dividend Payments : - Date of Submission of Securities Report : June 17 , 2021 June 17 , 2021 Preparation of Supplementary Financial Statements : Yes Holding of Financial Results Briefing : Yes ( For institutional investors and securities analysts ) ( Notes : Amounts less than one million yen are rounded down ) 1. Consolidated Results for the Fiscal Year 2020 ( April 1 , 2020 - March 31 , 2021 ) ( 1 ) Consolidated operating results ( % , YoY ) Profit attributable to Net sales Operating income Ordinary income Yen in millions % Yen in millions % Yen in millions % owners of parent Yen in millions % FY ended March 31 , 2021 96,862 A22.2 A 1,806 FY ended March 31 , 124,561 A12.6 2020 5,039 A2,481 ( Note ) Comprehensive income : FY ended March 31 , 2021 ¥ 5,734 million ( - % ) , FY ended March 31 , 2020 : A ¥ 4,338 million ( - % ) A584 379 A95.2 456 A94.6 Net income per share FY ended March 31 , 2021 FY ended March 31 , 2020 Yen 66.80 A32.90 Diluted net income per share Return on equity Return on asset Operating income ratio Yen % % 6.7 A0.5 A3.3 0.4 % A1.9 ( Reference ) Equity in earnings of affiliate : s FY ended March 31 , 2021 : ¥ 791 million , FY ended March 31 , 2020 : ¥ 328 million ( 2 ) Consolidated financial position 0.3 Total assets Net assets Equity Ratio Net assets per share Yen in millions Yen in millions % Yen FY ended March 31 , 107,987 77,963 72.2 1,033.22 2021 108,504 72,193 2020 FY ended March 31 , 66.5 ( Reference ) Equity : FY ended March 31 , 2021 : ¥ 77,963 million , FY ended March 31 , 2020 : ¥ 72,193 million ( 3 ) Consolidated cash flows Cash flows from operating activities Cash flows from investing activities FY ended March 31 , 2021 FY ended March 31 , 2020 Yen in millions 2,393 2,371 Yen in millions 51 A5,949 Cash flows from financing activities Yen in millions A2,586 A4,128 957.03 Cash and cash equivalents at end of year Yen in millions 19,244 19,559 2. Dividends FY ended March 31 , 2020 FY ended March 31 , 2021 FY ended March 31 , 2022 ( Forecast ) Annual cash dividend per share Dividend End of the End of the End of the End of the 1st quarter 2nd quarter 3rd quarter 4th Quarter Total amount ( Total ) Payout ratio ( Consolidated ) Dividend on equity ( Consolidated ) Yen Yen Yen Yen Yen Yen in millions % % 0.00 0.00 0.00 0.00 0.00 0.00 0.00 12.00 12.00 30.2