September 15, 2020

Company Name: Sanrio Company, Ltd.

President and Chief Executive Officer: Tomokuni Tsuji

Securities Code: 8136, First Section of Tokyo Stock Exchange

Inquiries: Jiro Kishimura, Managing Director

Tel.: +81-3-3779-8058

Notice Regarding Receipt of Dividends from Consolidated Subsidiaries

Sanrio Co., Ltd. (the "Company") hereby announces its intention to receive dividends from the following 4 overseas subsidiaries. As a result, there will be an impact on the Company's non- consolidated financial results, as announced below.

1. Details of the Dividends

Subsidiary Name

Dividend Amount

Planned Receipt Date

Sanrio (Shanghai)

108 Million CNY

October 28, 2020

International Trade Co., Ltd.

(1,600 Million JPY *)

Sanrio GmbH

2,500 Million JPY

October 30, 2020

Sanrio (Hong Kong) Co., Ltd.

4,000 Million JPY

November 4, 2020

Sanrio Taiwan Co., Ltd.

1,800 Million JPY

November 4, 2020

  • The amounts have been converted at an approximate exchange rate of 14.81 JPY to 1 CNY. This value will change depending on the actual JPY exchange rate at the time of receipt.

2. Impact on Financial Results

As a result of the receipt of these dividends, the Company will record income from these dividends as non-operating income in its non-consolidated financial results for Fiscal Year ending March 2021.

Because these dividends are from consolidated subsidiaries, the financial impact on the Company's consolidated financial results for the fiscal year ending March 31, 2021 is expected to be minor.

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Sanrio Co. Ltd. published this content on 15 September 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 September 2020 07:04:05 UTC