Net Sales up for 13th Consecutive Fiscal Year,
Operating Income up for 12th Year
On Thursday, May 8, Sysmex announced its financial results for the fiscal year ended March 31, 2013.
Sales increased both in Japan and overseas, despite a certain degree of impact from cautious purchasing in the United States and China.
Income rose, owing to the impact of higher sales and efforts to curtail selling, general and administrative expenses.
Net sales were robust leading to sales increases both in Japan and overseas. Net sales rose 8.0% year on year, with operating income up 13.5%, ordinary income up 20.1% and net income up 18.0%. At the exchange rates prevailing one year earlier, net sales would have been up 6.0% and operating income up 18.4%.
We recently announced a new Mid-Term Management Plan to guide the Group through the fiscal year ending March 31, 2016. This three-year plan targets average annual growth in net sales of 14.8% and 22.4% for operating income, leading to net sales of ¥220 billion and operating income of ¥40 billion for the fiscal year ending March 31, 2016.
Our earlier dividend forecast called for a dividend of ¥34 per share (an interim dividend of ¥17 and a year-end dividend of ¥17). We now expect to pay a total dividend for the year of ¥40 per share, up ¥6 from our previous forecast, including a ¥4 dividend to commemorate Sysmex's 45th anniversary of establishment. (To be proposed at the 46th Ordinary General Meeting of Shareholders)
Our consolidated performance forecast for the fiscal year ending March 31, 2014, is for net sales of ¥175.0 billion, operating income of ¥30.0 billion, ordinary income of ¥30.0 billion and net income of ¥18.5 billion*. We expect to pay a dividend for the year totaling ¥42 per share.
* Exchange rates: Calculated on the basis of US$1.00 = ¥95 and €1.00 = ¥125.
- Sysmex Announces New Group Mid-Term Management Plan
- Financial Data
- Financial Statement
(Last updated:May 10, 2013)