Summary of Financial Results
for the Fiscal Year Ended March 31, 2020
(Based on Japanese GAAP)May 12, 2020
Company name:
Stock exchange:

TOYO GOSEI CO., LTD.
Tokyo Stock Exchange

Stock code:

4970

URL

https://www.toyogosei.co.jp/

Representative:
Contact:

Yujin Kimura, President and Representative Director
Hiroyuki Taki, Division Manager of Financial and Accounting Division
TEL: +81-3-5822-6170
Scheduled date of ordinary general meeting of shareholders:June 25, 2020
Scheduled date to commence dividend payments:
June 26, 2020
Scheduled date to file Securities Report:
June 26, 2020
Preparation of supplementary material on financial results:
None
Holding of financial results meeting:Yes(Amounts less than one million yen are rounded down)
1. Financial results for the fiscal year ended March 31, 2020 (from April 1, 2019 to March 31, 2020)(1) Operating results(Percentages indicate year-on-year changes)
Fiscal year ended
March 31, 2020
March 31, 2019

Net sales
Millions ofyen
24,45522,975%
6.4
11.9

Operating profit
Millions of%
yen
2,184
40.1
1,559
19.9

Earnings per share

Diluted earnings pershare

Yen
233.43147.54

Yen-Fiscal year ended
March 31, 2020
March 31, 2019

Ordinary profit
Millions of%
yen
2,061
31.5
1,567
43.9

Return on equity

Net profit
Millions ofyen
1,852
1,171%
58.2
35.7

Ordinary profit/ total Operating profit/ net
assetssales%
19.1
14.1%
5.4
4.7%
8.9
6.8(2) Financial position
As ofMarch 31, 2020
March 31, 2019
Reference: Equity

Total assets
Net assets
Equity ratio
Net assets per share
Millions of yen
Millions of yen%
Yen
39,13010,56927.0
1,331.63
36,865
8,841
24.0
1,113.90
As of March 31, 2020: 10,569 million yen
As of March 31, 2019: 8,841 million yen(3) Cash flows

Fiscal year ended
March 31, 2020
March 31, 2019

Cash flows fromoperating activities
Millions of yen
3,463
2,097

Cash flows frominvesting activities
Millions of yen(5,179)(2,499)Cash flows from
Cash and cash equivalents
financing activities
at end of period
Millions of yen
Millions of yen
(80)
3,170
3,268
5,000

2. Cash dividends
Annual dividends
FirstSecond
Third
Fiscal year
quarter-end quarter-end quarter-end
YenYenYenYen
Year ended
March 31, 2019Year endedMarch 31, 2020
Year ending March 31,2021 (Forecast)

Total

Total cash
dividends(Total)

Ratio ofDividend
dividends topayout ratio
net assets

Yen

Millions of yen%

%

-

5.00

-

5.00

10.00

79

6.8

1.0

-

10.00

-

10.00

20.00

158

8.6

1.6

-

10.00

-

10.00

20.00

―1―

14.4

3. Forecast of financial results for the year ending March 31, 2021 (from April 1, 2020 to March 31, 2021)
Percentages indicate year-on-year changes
Net salesFirst half ending
September 30, 2020
Full year

Operating profit

Ordinary profit%Millionsof yen%

Millionsof yen12,5002.5

1,000(14.4)

25,0002.21,800(17.6)

Millionsof yenNet profit

Earnings per share%

Millionsof yen%Yen

950(10.8)620(10.6)78.11

1,700(17.6)

1,100(40.6)

138.59* Notes(1) Changes in accounting policies, changes in accounting estimates, and restatement of prior period financial statements
Changes in accounting policies due to revisions to accounting standards and other regulations:
None
Changes in accounting policies due to other reasons:
None
Changes in accounting estimates:
None
Restatement of prior period financial statements
None(2) Number of issued shares (common shares)
Total number of issued shares at the end of the period (including treasury shares)
As of March 31, 2020

8,143,390 shares

As of March 31, 2019 8,143,390 shares

Number of treasury shares at the end of the period
As of March 31, 2020

206,276 shares

As of March 31, 2019

206,168 shares

Average number of shares during the period (cumulative from the beginning of the fiscal year)
Year ended March 31, 2020

7,937,171 shares―2―Year ended March 31, 2019 7,937,234 shares