SYSMEX CORPORATION

Press Release 2009

Announcement Regarding Change from Business Forecasts and Year-end Dividend for the Year Ended March 2009

DateMay 11 , 2009
Information contained in the press release is
current as of the date of the announcement,
but may be subject to change without prior notice.

    Sysmex Corporation announces that there are changes from its business forecasts for the year ending March 31, 2009, as described below, which were originally announced as of dated Feb 8, 2009.
 The board of directors authorized the dividend for the fiscal year ended March 31, 2009. It will be resolved at the 42nd Ordinary General Meeting of Shareholders.


 
1.Change from Business Forecast
(1)Consolidated Business Result for FY2008
    (April 1, 2008 to March 31, 2009)
(unit: million yen, %)

Net Sales

Operating
income

Ordinary
income

Net income

Net income
per share(Yen)

Previous forecast(A)

114,000

14,000

11,500

6,700

131.04

Result(B)

111,842

15,134

12,985

8,013

156.72

Change in figures(B-A)

-2,157

1,134

1,485

1,313

- 

Rate of Change(%)

-1.9%

8.1%

12.9%

19.6%

- 

Result of previous year

110,724

15,033

14,545

9,131

178.94

(2) Reasons
  On a consolidated basis, although net sales slightly fell below our forecasts, operating income came in above our forecasts owing to a decline in unrealized profits on year-end inventories and our efforts to curtail selling, general, and administrative expenses; ordinary income increased, owing to an improvement in foreign exchange loss as the yen grew weaker than our assumptions at the fiscal year end; and net income rose as well, primarily owing to a decline in income tax expenses as a result of the partial reversal of deferred tax liabilities following the taxation revision which exempts dividends received from overseas subsidiaries from taxes.

2. Year-end Dividend
(1) Dividend

Resolution

Recent forecasts
(announced
 on May 8,2008)

Dividends paid in the year ended March 2008

Record date

March 31, 2009

March 31, 2009

March 31, 2008

Dividend per share

26 yen

24 yen

28 yen

Total dividends

1,329 million yen

1,431 million yen

Effective date

June 22, 2009

June 23, 2008

Source of dividends

Retained earnings

Retained earnings

(2) Reasons
  Our basic policy on profit distribution is to share the fruits of our operations with due regard being given to the constant payment of a stable dividend, while taking into account our consolidated performance and payout ratio. In line with this policy, Sysmex Corporation has decided to refer a plan to provide a year-end dividend of 26 yen. Accordingly, annual total dividends will be 50 yen per share and the payout ratio will be 31.9% on a consolidated basis, marking a 2 yen increase from the 48 yen annual dividend (including a commemorative dividend of 8 yen) for the year ended March 2008.

For Your Reference

Dividend per share

Record date

Interim

Year-end

Annual

Previous forecast (May 8, 2008)

24 yen

24 yen

48 yen

Result

24 yen

26 yen

50 yen

(Reference)
Dividends paid in the year ended March 2008

20 yen

28
(Including Commemorative
Dividend of 8 yen)

48 yen
(Including Commemorative
Dividend of 8 yen)

 

 

2009

Sysmex Corporation

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