July 6, 2011
Company name: Fuji Heavy Industries Ltd.
Representative: Yasuyuki Yoshinaga, President & COO
Code number: 7270 (First section of Tokyo Stock Exchange)
Contact for inquiries: Kazunori Yamafuji,
General Manger of Administration department
Phone: (0)3-3347-2005
Announcement of performance projection and dividend
Fuji Heavy Industries Ltd. has announced the performance projection and dividends for the fiscal year ending March 31, 2012. These projections were previously designated indeterminate in the Summary of Financial Statements for the fiscal year ended March 31, 2011 issued on May 10, 2011.
1. Details of performance projection
Projection of performance for the fiscal year ending March 2012 (from April 1, 2011, to March 31, 2012)
| Net sales (Million yen) |
Operating income (Million yen) |
Ordinary income (Million yen) |
Net income (Million yen) |
Net income per share (yen) | |
|---|---|---|---|---|---|
| Previous projection (A) | — | — | — | — | — |
| Current projection (B) | 1,480,000 | 30,000 | 25,000 | 35,000 | 44.90 |
| Increase and decrease (B - A) | — | — | — | — | — |
| Change of percent | — | — | — | — | — |
| Actual results of previous fiscal year (Ended March 2011) |
1,580,563 | 84,135 | 82,225 | 50,326 | 64.56 |
Reason for the announcement
The projection of performance for the fiscal year ending March 31, 2012 were previously held indeterminate as the impacts on the Group's operations from the Great East Japan Earthquake in March this year remained unclear. However, the above projections are able to be announced based on latest business environment and trends.
It should be noted that the projection of performance for the fiscal year ending March 2012 are based on assumed foreign exchange rates of 81 yen per US dollar and 115 yen per euro.
2. Forecasted dividends
Forecasts for dividends for the fiscal year ending March 2012
| Annual dividend | |||||
|---|---|---|---|---|---|
| End of 1st quarter | End of 2nd quarter | End of 3rd quarter | Fiscal year-end | Total | |
| Previous projection | — | — | — | — | — |
| Current forecast | — | 4.50 | — | 4.50 | 9.00 |
| Actual payments | — | — | — | — | — |
| Actual payments of the precious fiscal year (Ended March 2011) |
— | 4.50 | — | 4.50 | 9.00 |
Reason for the announcement
The forecasts for dividends for the fiscal year ending March 31, 2012 were previously held indeterminate as the impacts on the Group's operations from the Great East Japan Earthquake in March this year remained unclear. The above forecasts are able to be announced based on latest business environment and trend.
| Note: | Above mentioned projections for performance and dividends are based on certain assumptions and our management's judgment in light of currently available information, therefore actual results may differ from these projections. |