Terumo Revises Interim Dividend Distribution and Year-End Dividends Forecast for Fiscal Year Ending March 31, 2022

November 4, 2021

Terumo Revises Interim Dividend Distribution and Year-End Dividends

Forecast for Fiscal Year Ending March 31, 2022

TOKYO, JAPAN - November 4, 2021 - Terumo Corporation (TSE: 4543) decided at the Board of Directors meeting held on November 4, 2021 to distribute retained earnings as of September 30, 2021. Both the interim dividends and the dividends forecast per share for fiscal year ending March 31, 2022 will be revised upwards as described below.

1. Details of interim dividends

			Decided Dividends			Previous Forecast			FY2020 Interim
					(As of May 12, 2021)			Dividends
	Date of Record	September 30, 2021		September 30, 2021		September 30, 2020
	Dividends per		16.00 JPY		15.00 JPY		14.00 JPY
	Share
	Total Amount of		12.1 billion JPY					10.6 billion JPY
	Dividends
	Effective Payout		December 3, 2021					December 2, 2020
	Date
	Source of		Retained earnings					Retained earnings
	Dividends

2. Details of the revision

Dividends per Share

	End of Second	End of Fiscal Year	Annual
	Quarter
Previous Forecast	15.00	JPY	15.00 JPY	30.00 JPY
Revised Forecast			16.00 JPY	32.00 JPY
FY2021 Actual
(ending March 31,	16.00	JPY
2022)
FY2020 Actual
(ended March 31,	14.00	JPY	15.00 JPY	29.00 JPY
2021)

(Reference) FY2021 Guidance: Profit attributable to owners of parent = 92 billion JPY

3. Reason of revision

As a measure to secure high profit margins and sustainable growth, Terumo is committed to adequately and actively reinvesting its profits to enhance its corporate value continuously. As for the distribution of profits to shareholders, Terumo will aim to steadily increase its dividend payouts to shareholders and has set a mid to long- term dividend payout ratio target of 30%.

Based on the above policy and recent financial results, the company decided to increase the interim dividend distribution to 16.00 JPY and year-end dividends to 16.00 JPY per share.

Disclaimer

Among the information that Terumo discloses, the forward-looking statements contain potential risks and uncertainty since these are made by Terumo based on limited information available at the moment of disclosure. Accordingly, it should be noted that actual results might differ from those statements due to various factors.

About Terumo

Terumo (TSE: 4543) is a global leader in medical technology and has been committed to "Contributing to Society through Healthcare" for 100 years. Based in Tokyo and operating globally, Terumo employs more than 25,000 associates worldwide to provide innovative medical solutions in more than 160 countries and regions. The company started as a Japanese thermometer manufacturer, and has been supporting healthcare ever since. Now, its extensive business portfolio ranges from vascular intervention and cardio-surgical solutions, blood transfusion and cell therapy technology, to medical products essential for daily clinical practice such as transfusion systems, diabetes care, and peritoneal dialysis treatments. Terumo will further strive to be of value to patients, medical professionals, and society at large.