Makita Corporation
Consolidated Financial Results
for the nine months
ended December 31, 2021
(IFRS Financial Information)(English translation of "KESSAN TANSHIN"
originally issued in Japanese)

CONSOLIDATED FINANCIAL RESULTS
FOR THE NINE MONTHS ENDED DECEMBER 31, 2021 (Unaudited)
January 31, 2022

Makita Corporation
Stock code: 6586
URL: https://www.makita.biz/
Munetoshi Goto, President, Representative Director

1. Summary operating results of the nine months ended December 31, 2021 (From April 1, 2021 to December 31,
2021)(1) CONSOLIDATED OPERATING RESULTS
Yen (millions)
For the nine months ended
For the nine months ended
December 31, 2020
December 31, 2021%%
Revenue ................................................................
441,18418.2
546,831
23.9
Operating profit ....................................................
65,70329.1
73,233
11.5
Profit before income taxes ....................................
65,41422.9
72,476
10.8
Profit .....................................................................
47,251
21.7
51,819
9.7
Profit attributable to owners of the parent ............
46,89021.6
51,355
9.5
Comprehensive income ........................................
65,844113.7
65,327(0.8)
Yen
Profit attributable to
Owners of the parent per share
Basic .................................................................
172.69189.13
 Diluted ..............................................................
Notes:
1.
Amounts of less than one million yen have been rounded.
2.
The table above shows the changes in the percentage ratio of revenue, operating profit, profit before income taxes, profit,
profit attributable to owners of the parent, and comprehensive income against the corresponding period of the previous year.

(2) SELECTED CONSOLIDATED FINANCIAL POSITION

Total assets ............................................................
Total equity ...........................................................
Equity attributable to owners of the parent ...........
Ratio of equity attributable to owners of theparent to total assets (%) .......................................

Yen (millions)
As of March 31, 2021
As of December 31, 2021
812,878
902,085
663,326
709,938
657,855
703,915
80.9%

78.0%

2. Dividend Information
Yen
For the year ended   March 31, 2021
Cash dividend per share:
Interim .................................................................
Year-end ..............................................................
Total ....................................................................

10.00
59.00
69.00

For the year ending
March 31, 2022
(Forecast)
10.00(Note)(Note)

Notes:
1. The forecast for cash dividend announced formerly has not been revised.
2. The projected amount of dividends for the year ending March 31, 2022 has not been determined yet. For further details, refer
to “Explanation regarding proper use of business forecast, and other significant matters” on page 2.

English translation of "KESSAN TANSHIN" originally issued in Japanese

13. Consolidated Financial Performance Forecast for the year ending March 31, 2022 (From April 1, 2021 toMarch 31, 2022)
Yen (millions)
For the year ending March 31, 2022(%)
Revenue ...................................................................................................
710,000
16.7
Operating profit .......................................................................................
90,000
1.7
Profit before income taxes .......................................................................
90,000
3.2
Profit attributable to owners of the parent ...............................................
65,000
4.8
Yen
Profit attributable to owners of the parent per share ................................
239.38Notes:
1. The consolidated financial forecast for the year ending March 31, 2022 has been revised.
2. The table above shows the changes in the percentage ratio of revenue, operating profit, profit before income taxes and profit
attributable to owners of the parent against the previous year.

4. Other(1) Changes in important subsidiaries during the period (Changes in specified subsidiaries accompanied by changes inscope of consolidation during the quarter): None
(2) Changes in accounting policies and accounting estimates:
1. Changes in accounting policies required by IFRS: None
2. Changes in accounting policies other than 1: None
3. Changes in accounting estimate: None
(3) Number of shares outstanding (common stock)
1. Number of shares issued (including treasury stock):
2. Number of treasury stock:
3. Average number of shares outstanding:

As of December 31, 2021:
As of March 31, 2021:
As of December 31, 2021:
As of March 31, 2021:
For the nine months ended
December 31, 2021:
For the nine months ended
December 31, 2020:

280,017,520
280,017,520
8,484,933
8,490,396
271,530,440
271,523,428

This consolidated financial report is not subject to audit procedures by certified public accountants or an auditing firm.
Explanation regarding proper use of business forecasts, and other significant matters
1. The financial forecast given above is based on information as available at the present time, and includes potential
risks and uncertainties. As a consequence of the factors above and other, actual results may vary from the forecasts
provided above. Regarding the assumptions for the forecasts and other matters, refer to “SUPPLEMENTINFORMATION (CONSOLIDATED)”, “3. Outlook for the fiscal year ending March 31, 2022” on page 4.
2.
Makita's basic policy on the distribution of profits is to maintain a consolidated dividend payout ratio of 30% or greater,
with a lower limit on annual cash dividends of 10 yen per share. However, in the event special circumstances arise,computation of the amount of dividends will be based on profit attributable to owners of the parent per share after
certain adjustments.
The Board of Directors plans to meet in April 2022 for a report on earnings for the year ending March 31, 2022. At thetime, in accordance with the basic policy regarding profit distribution mentioned above, the Board of Directors plans topropose a dividend equivalent to at least 30% of profit attributable to owners of the parent. The Board of Directors willsubmit this proposal to the General Meeting of Shareholders scheduled for June 2022.
The consolidated dividend payout ratio is calculated as annual dividends per share divided by consolidated profit
attributable to owners of the parent per share (after adjustments for special circumstances) and multiplied by 100.

English translation of "KESSAN TANSHIN" originally issued in Japanese

2

SUPPLEMENT INFORMATION (CONSOLIDATED)
1. Overview of operating results(1) Explanation of Consolidated Operating Results
Looking at the global economic situation during the nine-month period (the “period”) ended December 31, 2021,
economic and social recovery progressed chiefly in developed countries with the widespread use of COVID-19
vaccines. The outlook for the future remains uncertain, however, with shortages and rising prices due to supply chain
disruptions, as well as the resurgence of new cases caused by coronavirus variants.
Our consolidated revenue for this period increased by 23.9% to 546,831 million yen compared with the same periodof the previous year with strong sales both in Japan and overseas. Operating profit also increased by 11.5% to 73,233
million yen (operating profit ratio: 13.4%) owing to the increase in revenue, although costs increased due to soaring
transportation costs. Profit before income taxes increased 10.8% year-on-year to 72,476 million yen (profit before
income taxes ratio: 13.3%), and profit attributable to owners of the parent increased 9.5% to 51,355 million yen (ratio of
profit attributable to owners of the parent: 9.4%).
Revenue results by region were as follows:
In Japan, sales of both power tools and outdoor power equipment, particularly lithium-ion battery products, werestrong and increased by 6.3% year on year to 88,800 million yen.
In Europe, while stay-at-home demand slowed down, demand for tools at active building and construction sites andsales of cordless outdoor power equipment continued to be strong, resulting in an increase in sales of 27.7% year on
year to 261,554 million yen.
In North America, sales of power tools accompanied by strong housing demand and sales of cordless outdoor power
equipment were strong, resulting in an increase in sales of 21.7% year on year to 80,614 million yen.
In Asia, COVID-19 cases increased again in various regions affecting our sales activities, but sales in China andTaiwan were strong, resulting in an increase in sales of 23.2% year on year to 35,888 million yen.
In Central and South America, inflation accelerated in many countries; however, sales activities to capture solid
demand for tools resulted in an increase in sales of 49.8% year-on-year to 31,515 million yen.
In Oceania, sales increased by 31.7% year on year to 38,317 million yen due to strong demand for tools at building
and construction sites despite the impact of lockdowns due to the resurgence of new cases of infection in major cities.
In the Middle East and Africa, sales increased by 37.2% year on year to 10,143 million yen as the demand for tools
at building and construction sites in each country was captured although unstable political and economic conditions
continued.

(2) Explanation of Consolidated Financial Position
Total assets as of December 31, 2021 increased by 89,207 million yen to 902,085 million yen compared to thebalance as of March 31, 2021. This increase was mainly due to the rise in “Inventories” and “Property, plant andequipment.”
Total liabilities increased by 42,595 million yen to 192,147 million yen compared to the balance as of March 31,
2021. This increase was mainly due to the rise in “Borrowings” and” Trade payables and other payables.”Total equity increased by 46,612 million yen to 709,938 million yen compared to the balance as of March 31, 2021.
This increase was mainly due to the rise in “Retained earnings.”

English translation of "KESSAN TANSHIN" originally issued in Japanese

3

(3)

Outlook for the fiscal year ending March 31, 2022
We have revised our consolidated financial forecast because sales in the period were stronger than expected in
response to demand for tools at building and construction sites. Meanwhile, we have left its previous forecast for profits
unchanged, considering the impact of soaring transportation costs, etc.
Revised forecast for consolidated performance of the fiscal year ending March 31, 2022 (From April 1, 2021 toMarch 31, 2022)
Yen (millions)
Yen
ProfitProfitattributable to
Revenue
Operating
Profit before
attributableowners of the
profitincome taxes to owners ofparent per
the parent
share (Basic)
Forecast announced previously (A) ......
Revised forecast (B) ............................
Changes (B-A) ......................................
Percentage change ................................

690,000
710,000
20,0002.9%

90,00090,0000
0.0%

90,00090,0000
0.0%

65,00065,0000
0.0%

239.38239.38-Actual results for the previous year
ended March 31, 2021 ..........................

608,331

88,46487,19962,018228.41

The above earnings forecast is based on the premise that economic activities will not stagnate again due torestrictions imposed by government following the rebound of the COVID-19 outbreak. The exchange rates assumed forthe business forecast are as follows;[Preconditions]
The above forecast is based on the assumption of exchange rates of 110 yen to the U.S. dollar, 125 yen to the euro
and 17.5 yen to the renminbi for the remaining three months period ending March 31, 2022.
The above forecast is based on the assumption of exchange rates of 111 yen to the U.S. dollar, 129 yen to the euro
and 17.3 yen to the renminbi for the year ending March 31, 2022.

[Reference]
The exchange rates for previously announced forecasts that we announced on October 28, 2021 were 110 yen to the
U.S. dollar, 130 yen to the euro and 17.1 yen to the renminbi for the year ending March 31, 2022.
Note: The above forecast is based on information as available at the present time, and includes potential risks and uncertainties. As aconsequence of the factors such as COVID-19 infection status, actual results may vary from the forecast provided above.

English translation of "KESSAN TANSHIN" originally issued in Japanese42. Consolidated Financial Statements (Unaudited)(1) Consolidated Statement of Financial Position
Yen (millions)
As of December 31,
As of March 31, 2021
2021
Composition ratio

Composition ratio

ASSETS
CURRENT ASSETS:
Cash and cash equivalents .........................

148,640

82,083

Trade receivables and other receivables.....

95,691

93,450Inventories .................................................

267,547

413,282

Other financial assets .................................

18,227

6,927

Other current assets ....................................

10,223

15,543

Total current assets .................................

540,32866.5%

611,285

67.8%

NON-CURRENT ASSETS:
Property, plant and equipment, at cost .......

189,366

226,685

Goodwill and intangible assets ..................

9,364

9,927

Other financial assets .................................

51,01130,603Retirement benefit asset .............................

10,685

10,425

Deferred income taxes ...............................

8,860

10,081Other non-current assets ............................

3,264

3,079

Total non-current assets ..........................

272,550

33.5%

290,800

32.2%

Total assets ........................................................

812,878

100.0%

902,085

100.0%English translation of "KESSAN TANSHIN" originally issued in Japanese5

Yen (millions)
As of December 31,
As of March 31, 2021
2021
Composition ratio

Composition ratio

LIABILITIES AND EQUITY
LIABILITIESCURRENT LIABILITIES:
Trade payables and other payables.............

59,79275,235

Borrowings ................................................

2,612

22,899Other financial liabilities............................

4,080

4,277

Income taxes payable .................................

11,218

9,659

Provisions ..................................................

3,665

3,990

Other current liabilities ...............................

40,43145,652

Total current liabilities ............................

121,798

15.0%

161,712

17.9%

NON-CURRENT LIABILITIES:
Retirement benefit liability ...........................

3,406

3,469

Other financial liabilities............................

11,764

13,901

Provisions ..................................................

1,421

1,473

Deferred income taxes ...............................

10,954

11,388Other non-current liabilities .......................

209

204

Total non-current liabilities .....................

27,7543.4%

30,435

3.4%

Total liabilities ..................................................

149,552

18.4%

192,147

21.3%

EQUITY
Common stock ...........................................

23,80523,805Additional paid-in capital ..........................

45,55945,577Retained earnings .......................................

588,644626,401

Treasury stock, at cost ................................

(11,543)(11,540)

Other components of equity .......................

11,39019,672

Total equity attributable to owners of the parent

657,85580.9%

703,915

78.0%

NON-CONTROLLING INTEREST ................

5,471

0.7%

6,023

0.7%

Total equity .......................................................

663,326

81.6%

709,938

78.7%

Total liabilities and equity ................................

812,878

100.0%

902,085

100.0%English translation of "KESSAN TANSHIN" originally issued in Japanese6(2) Consolidated Statements of Profit or Loss and Consolidated Statements of Comprehensive Income
Consolidated Statements of Profit or Loss
Yen (millions)
For the nine months
For the nine months
ended December 31,
ended December 31,
2020
2021
Composition ratio

Composition ratio

REVENUE...............................................................................

441,184 100.0%

546,831 100.0%

Cost of sales .............................................................................

(293,145) (66.4%)(373,110) (68.2%)

GROSS PROFIT ......................................................................

148,039

173,721

Selling, general, administrative and others, net .......................

(82,336) (18.7%)

OPERATING PROFIT ............................................................

65,703Financial income ......................................................................

1,588

1,599

Financial expenses ...................................................................

(1,877)(2,356)

PROFIT BEFORE INCOME TAXES .....................................

65,414

Income tax expenses ................................................................

(18,163)

PROFIT ...................................................................................

47,251

10.7%

51,8199.5%

Owners of the parent ................................................................

46,89010.6%

51,355

9.4%

Non-controlling interests .........................................................

361

0.1%

464

0.1%

33.6%
14.9%

14.8%

31.8%

(100,488) (18.4%)
73,233

13.4%

72,476

13.3%(20,657)

Profit attributable to:Consolidated Statements of Comprehensive Income
Yen (millions)
For the nine months
For the nine months
ended December 31,
ended December 31,
2020
2021
47,251

51,819through other comprehensive income (loss) ............................

7,114(1,702)

Total of items that will not be reclassified to profit (loss) ...........

7,114(1,702)

Exchange differences on translating foreign operations ..........

11,47915,210Total of items that may be reclassified to profit (loss) .................

11,47915,210Total other comprehensive income (loss), net of tax ...................

18,593

13,508COMPREHENSIVE INCOME ...................................................

65,84465,327

Owners of the parent ................................................................

65,29564,775

Non-controlling interests .........................................................

549

552

PROFIT .......................................................................................
OTHER COMPREHENSIVE INCOME (LOSS), NET OF TAX

Items that will not be reclassified to profit (loss)
Equity financial goods measured at fair value

Items that may be reclassified to profit (loss)

Comprehensive income attributable to:English translation of "KESSAN TANSHIN" originally issued in Japanese7(3) Consolidated Statement of Changes in Equity
Yen (millions)
For the nine months ended December 31, 2020
Equity attributable to owners of the parent

Balance at April 1, 2020

Commonstock

Additional
paid-in
capitalRetainedearnings

Treasury
stock

Other
componentsof equity

23,80545,531

540,063(11,554)(26,570)

Profit for the period

Comprehensive income--

Dividends paid

46,890-Share-based paymenttransaction

17

Total
equity4,473

575,748

46,890361

47,251

18,405

18,405

188

18,593

18,40565,295549

65,844(14,390)

Purchase of treasury stockTotal
571,275

46,890

Other comprehensive income

NonControllinginterest(14,390)(14,390)

(1)

(1)

(1)

15

32

32

Total amounts of transactions
with owners-

17(14,390)14-(14,359)-(14,359)

Balance at December 31, 2020

23,80545,548572,563(11,540)(8,165)622,211

5,022

627,233

Yen (millions)
For the nine months ended December 31, 2021
Equity attributable to owners of the parent

Balance at April 1, 2021

Commonstock

Additional
paid-in
capitalRetainedearnings

Treasury
stock

Other
componentsof equity

23,80545,559588,644(11,543)

11,390

Profit for the period

Comprehensive income--

Dividends paid

51,355-

5,471

663,326

51,355464

51,81913,42013,42088

13,50813,42064,775552

65,327(18,736)

Purchase of treasury stock
Share-based paymenttransaction
Transfer from othercomponents of equity toretained earnings

18

Total
equity657,855

51,355

Other comprehensive income

NonControllinginterest

Total(18,736)(18,736)

(6)

(6)

(6)

9

27

27

(5,138)

-

-

5,138

Total amounts of transactions
with owners-

18(13,598)3(5,138)(18,715)-(18,715)

Balance at December 31, 2021

23,80545,577

626,401(11,540)

19,672703,915

6,023

709,938

English translation of "KESSAN TANSHIN" originally issued in Japanese8(4) Consolidated Statements of Cash Flows
Yen (millions)
For the nine months
For the nine months
ended December 31,
ended December 31,
2020
2021
CASH FLOWS FROM OPERATING ACTIVITIES:Profit ....................................................................................................

47,251

51,819Depreciation and amortization .............................................................

11,863

15,038

Income tax expenses ............................................................................

18,163

20,657

Financial income and expenses............................................................

289

757

Loss (gain) on sales and retirement of property, plant and equipment .............

351

202

Decrease (increase) in trade receivables and other receivables ...........

(7,807)

3,828

Decrease (increase) in inventories .......................................................

(8,666)(137,443)

Increase (decrease) in trade payables and other payables ....................

20,11012,348

Increase in retirement benefit asset and liabilities ...............................

240

198

Decrease (increase) in guarantee deposits ...........................................

-(1,119)Other ....................................................................................................

(2,034)(775)

Subtotal ..........................................................................................

79,760(34,490)

Dividends received ..............................................................................

674

738

Interest received ...................................................................................

566

332

Interest paid .........................................................................................

(259)

(454)

Income taxes paid ................................................................................

(13,783)(23,115)

Cash flows from operating activities .............................................

66,958(56,989)

Purchase of non-current assets .............................................................

(36,219)(45,410)Proceeds from sales of non-current assets ...........................................

50

654

Purchase of investments ......................................................................

(1,490)(200)

Proceeds from sales and redemption of investments ..............................

6,132

18,065

Payments into time deposits ................................................................

(38,093)(8,111)

Proceeds from withdrawal of time deposits .........................................

38,731

21,377

Other ....................................................................................................

103

376

Cash flows from investing activities ..............................................

(30,786)(13,249)

Net increase (decrease) in short-term borrowings ...............................

(7,118)20,211

Purchase and sales of treasury stock, net .............................................

(1)

(6)

Cash dividends paid .............................................................................

(14,390)(18,736)

Repayments of lease obligations..........................................................

(2,160)(2,870)

Other ....................................................................................................

31

22

Cash flows from financing activities .............................................

(23,638)(1,379)EFFECT OF EXCHANGE RATE CHANGES ON CASH AND
CASH EQUIVALENTS ......................................................................

2,735

5,060

NET CHANGE IN CASH AND CASH EQUIVALENTS .................

15,269(66,557)

CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD ...

143,439

148,640

CASH AND CASH EQUIVALENTS, END OF PERIOD .................

158,70882,083

CASH FLOWS FROM INVESTING ACTIVITIES:CASH FLOWS FROM FINANCING ACTIVITIES:English translation of "KESSAN TANSHIN" originally issued in Japanese9(5) Notes to Consolidated Financial Statements
Notes on the assumptions for a going concern: None
Operating Segment Information
Yen (millions)
For the nine months ended December 31, 2020
North
ElimiAsia
Total
Other
Americanations

Consolidated

Japan

EuropeInter-segment ............

96,731
177,676

205,898
8,038

67,4592,879

18,713
190,627

388,801
379,220

52,383432(379,652)

441,184-

Total ................

274,407

213,936

70,338209,340

768,02152,815(379,652)

441,184

Operating profit ............

21,86021,1492,911

18,14464,064

2,702(1,063)65,703

Yen (millions)
For the nine months ended December 31, 2021
North
ElimiAsia
Total
Other
Americanations

Consolidated

Revenue:
Externalcustomers ..................

Japan

EuropeInter-segment ............

105,346
281,513

263,363
14,19082,364
4,387

23,087
301,566

474,160
601,656

72,671379 (602,035)

546,831-

Total ................

386,859

277,553

86,751

324,653

1,075,816

73,050 (602,035)

546,831

Operating profit ............

24,351

31,574822

14,486

71,233

7,874

73,233

Revenue:
Externalcustomers ..................

English translation of "KESSAN TANSHIN" originally issued in Japanese(5,874)10

3. SUPPORT DOCUMENTATION (CONSOLIDATED)(1) Consolidated Financial Results and Forecast
Yen (millions)
For the nine months
For the nine months
ended December 31,
ended December 31,
2020
2021
Revenue .....................................................................................................
Domestic ...............................................................................................
Overseas ................................................................................................
Operating profit .........................................................................................
Profit before income taxes .........................................................................
Profit attributable to owners of the parent .................................................
Profit attributable to owners of the parent per share (Yen) .......................
Number of Employees ...............................................................................

(%)

(%)

441,184 18.2
83,515
11.3
357,669 19.9
65,703 29.1
65,414 22.9
46,890 21.6
172.6918,279546,831 23.9
88,8006.3
458,03128.1
73,233
11.5
72,47610.8
51,355
9.5
189.1319,925

Yen (millions)
For the year ending
For the year ended
March 31, 2022
March 31, 2021
(Forecast)
Revenue ...............................................................................................
Domestic .........................................................................................
Overseas ..........................................................................................
Operating profit ...................................................................................
Profit before income taxes ...................................................................
Profit attributable to owners of the parent ...........................................
Profit attributable to owners of the parent per share (Yen) ..............
Number of Employees .......................................................................

(%)

(%)

608,331 23.5
113,048 12.3
495,283 26.4
88,464 38.1
87,199 32.1
62,018 29.9
228.41
18,624710,000  16.7
117,000
3.5
593,000
19.7
90,0001.7
90,0003.2
65,0004.8
  239.38
 -Notes:
1. Please refer to [SUPPLEMENT INFORMATION (CONSOLIDATED)] “(3) Outlook for the fiscal year ending March 31,2022” on page 4.
2. The table above shows the changes in the percentage ratio of revenue, operating profit, profit before income taxes, and profit
attributable to owners of the parent compared to the corresponding period of the previous year.

English translation of "KESSAN TANSHIN" originally issued in Japanese

11

(2)

Consolidated Revenue by Geographic Area

Japan ................................................................
Europe..............................................................
North America .................................................
Asia ..................................................................
Central and South America ..............................
Oceania ............................................................
The Middle East and Africa .............................
Total .................................................................
Notes:
1.
2.

(3)

For the nine months
ended December 31,
2020

Yen (millions)
For the nine months
ended December 31,
2021

(%)

(%)

83,515
204,794
66,224
29,127
21,032
29,101
7,391
441,184

11.3
25.6
18.5
(4.2)
5.0
34.1
3.5
18.2

88,800261,554
80,61435,88831,51538,317
10,143546,831

6.3
27.7
21.7
23.2
49.8
31.7
37.2
23.9

For the year ended
March 31, 2021(%)

113,048282,725
90,94539,331
29,40341,304
11,575608,331

12.3
30.8
25.8
0.9
13.1
45.3
16.1
23.5

The table above sets forth Makita's consolidated revenue by geographic area based on the customer’s location for theperiods presented. Accordingly, it differs from “Operating Segment Information” on page 10.
The table above shows the changes in the percentage ratio of revenue compared to the corresponding period of the previous
year.

Exchange Rates
Yen
For the ninemonths ended
December 31,
2020

For the ninemonths ended
December 31,
2021

106.11
122.4415.45

111.14130.6017.26

106.10123.76
15.68

For the nine months
ended December
31, 2020

For the nine months
ended December
31, 2021

Composition ratio

Composition ratio

USD/JPY ................................................
EUR/JPY ................................................
RMB/JPY................................................

For the year
ended March 31,
2021

For the year
ending March
31, 2022(Forecast)
111
129
17.3

(4) Production Ratio (unit basis)

Domestic .....................................................................
Overseas......................................................................

7.6%
92.4%

7.1%
92.9%

(5) Consolidated Capital Expenditures, Depreciation and Amortization, and R&D cost
Yen (millions)
For the nine
For the year
For the ninemonths ended
months ended
ended
December 31,
December 31, 2021
March 31, 2021
2020
Capital expenditures ..................
Depreciation and amortization ...
R&D cost ...................................

36,21910,026
9,447

45,41012,56910,433English translation of "KESSAN TANSHIN" originally issued in Japanese

49,855
13,881
12,783For the year
ended
March 31, 2021
Composition ratio

7.7%
92.3%

For the year
endingMarch 31, 2022
(Forecast)
75,00016,20014,50012