Notice of Revision to Consolidated Full-year Earnings Outlook (2020-6-10)

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2020-06-10

Toyota Tsusho Corporation ("the Company") announced today its consolidated full-year earnings and dividend outlook (April 1, 2020 - March 31, 2021), which was unavailable at TBD held on April 30, 2020. The details are as follows.

1. Revision to Consolidated Full-year Earnings Outlook

(1) Contents of Revision

Revision to Consolidated Full-year Earnings Outlook (April 1, 2020 – March 31, 2021)

Profit for the year
attributable to owners of the parent
Basic earnings per share
Previous outlook (A)
(millions of yen)
-
(yen)
-
Revised outlook (B)
80,000
227.37
Change (B-A)
-
-
Change (%)
-
-
(Reference) Previous year results
(FY ended March 2020)
135,551
385.25


(2) Reasons for Revision
The Consolidated Full-year Earnings Outlook (April 1, 2020 – March 31, 2021) was unavailable at the time of the original announcing point, because it was difficult for the Company to reasonably predict possible impacts the new corona virus might cause. The announcement was based on information available as of now.


2. Revision to Dividends Outlook

Dividend per Share (yen)
Interim dividend at end of second quarterFiscal year-end dividendTotal
Previous outlook
-
-
-
Revised outlook
50.00
60.00
110.00
Previous fiscal year payments
(Fiscal year ended March 31, 2020)
60.00
50.00
110.00


(2) Reasons for Revision
Though the Dividends Outlook was unavailable due to the unpredictable impact, the Company announced the Dividends Outlook (April 1, 2020 – March 31, 2021), based on the Consolidated Full-year Earnings Outlook announced today.

Forward-looking statements about earnings forecasts described herein are based on information available to the Company at this time and reasonable assumptions. Actual results may differ materially from these statements due to a number of factors, and the Company does not guarantee the achievement of its business plans or financial outlook.

The information in this release is current as of the date of announcement.
Please note that information may change after the date of announcement. Thank you in advance for your understanding.