Financial Products : Notification Regarding Revision of the Consolidated Financial Results Forecast and Dividend Forecast
July 30, 2021 at 03:39 am EDT
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July 30, 2021
Company:
Financial Products Group Co., Ltd.
Representative:
Hisanaga Tanimura, CEO & Founder
(Code 7148 on the First Section of the Tokyo Stock Exchange)
Inquiries:
Hiroshi Sakurai, Executive Officer and
General Manager, Corporate Planning Dept.
(TEL. +81-3-5288-5691)
Notification Regarding Revision of the Consolidated Financial Results Forecast and Dividend Forecast
for the Fiscal Year Ending September 30, 2021
Financial Products Group Co., Ltd. (FPG) announces to revise up its forecasts of the consolidated financial results and dividend for the fiscal year ending September 30, 2021, previously announced on October 30, 2020.
1. Revision of the consolidated financial results forecast for the fiscal year ending September 30, 2021 (October 1, 2020 to September 30, 2021)
（Millions of yen）
Net sales
Operating
Ordinary
Profit attributable to
Net income per
income
income
owners of parent
share
Previous forecast (A)
13,865
4,545
4,000
2,800
32.81
yen
Revised forecast (B)
14,700
5,300
5,000
3,100
36.31
yen
Change (B-A)
835
754
999
299
Rate of change (%)
6.0
16.6
25.0
10.7
(Reference)
Results for the fiscal year ended
12,708
1,879
1,719
1,136
12.98
yen
September 30, 2020
(Reason for the upward revision)
Regarding the forecast of the consolidated financial results forecast for the fiscal year ending September 30, 2021, net sales are expected to exceed the previously announced forecast since strong sales of the equity placement in the Leasing Fund Business. And operating income, ordinary income, and profit attributable to owners of parent are also expected to exceed the previously announced forecast, mainly due to increased profits from increased net sales in the Leasing Fund Business.
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2.Revision of the dividend forecast
Annual dividend per share
Payout ratio
End of 2nd quarter
End of fiscal year
Total
(consolidated)
Previous forecast
16.50
yen
16.50
yen
50.3 %
(Announced on Oct. 30, 2020)
Revised forecast
18.50
yen
18.50
yen
51.0 %
Results for the fiscal year ending
0.00
yen
September 30, 2021
Results for the fiscal year ended
0.00
yen
11.50
yen
11.50
yen
88.6 %
September 30, 2020
(Reason for the revision of dividend forecast)
The basic policy concerning shareholders' return is to provide continuous and stable dividends to shareholders while securing the internal reserves necessary for sustainable growth and increased corporate value, and we have set the dividend payout ratio of 50% for the full year as our target. Based on the dividend policy, FPG has decided the revision of the dividend forecast to 18.5 yen per share in accordance to revise up the consolidated financial results forecast for the fiscal year ending September 30, 2021.
(Note) The above forecasts are based on judgments made in accordance with currently available information at the time of the announcement. Actual results and dividend may vary depending on various factors.
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Financial Products Group Co. Ltd. published this content on 30 July 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 July 2021 07:38:05 UTC.
Financial Partners Group Co Ltd is a Japan-based company mainly engaged in fund and financial services business and aviation services business. The Company operates through two business segments. The Funds and Financial Services Business segment is engaged in leasing fund business, real estate fund business, insurance business, mergers and acquisitions (M&A) business, private equity business, trust business, securities business, real estate leasing business and others. The Aviation Services Business segment operates as an air transport operator and an aerial user operator, primarily engaged in passenger transportation and other businesses. The Company also operates private jet business through subsidiaries.
FINANCIAL PARTNERS GROUP CO.,LTD. 
