DISCO
Japanese Chinese Traditional Chinese Simplified Korean English
SiteMap
About DISCO Investors CSR
HomeNews ReleasesSolutionsProduct InformationCustomer SupportCustomer SatisfactionContact
DISCO HOME > Investors > IR News

Investors


IR News

August 8, 2013

Notification of Revision to the Dividend Forecasts and Business Forecasts

DISCO Corporation ("the Company") has decided to revise the Company's business forecasts and to revise its dividend forecasts for the fiscal year ending March 31, 2014 which were announced on May 9, 2013 based on recent business performance.

1. Business forecast revision
Forecasts for interm period of ending March 31, 2014
(April 1, 2013 - September 30, 2013) (Millions of yen)
Net sales Operating income Ordinary income Net income Net income per share
(yen)
Previous forecast (A) 51,700 8,300 8,300 5,600 166.14
Revised forecast (B) 56,100 10,300 10,300 6,800 201.41
(B)-(A) 4,400 2,000 2,000 1,200
% change 8.5 24.1 24.1 21.4
(Reference)
Previous full-year results
51,368 7,494 7,816 5,358 159.01

Forecasts for full fiscal year of fiscal year ending March 31, 2014

(April 1, 2013 - September 30, 2013) (Millions of yen)
Net sales Operating income Ordinary income Net income Net income per share
(yen)
Previous forecast (A) 97,500 13,800 14,200 9,300 275.91
Revised forecast (B) 101,200 15,200 15,600 10,200 302.11
(B)-(A)3,700 1,400 1,400 900
% change 3.8 10.1 9.9 9.7
(Reference)
Previous full-year results
93,707 11,601 11,586 7,473 221.75

Revision of non-consolidated business forecasts

Forecasts for interm period of ending March 31, 2014

(April 1, 2013 - September 30, 2013) (Millions of yen)
Net sales Operating income Ordinary income Net income Net income per share
(yen)
Previous forecast (A) 42,800 5,200 7,500 5,500 163.17
Revised forecast (B) 46,400 7,000 9,500 6,700 198.44
(B)-(A)3,600 1,800 2,000 1,200
% change 8.4 34.6 26.7 21.8
(Reference)
Previous full-year results
44,443 5,310 6,161 4,216 125.11

Forecasts for full fiscal year of fiscal year ending March 31, 2014

(April 1, 2013 - September 30, 2013) (Millions of yen)
Net sales Operating income Ordinary income Net income Net income per share
(yen)
Previous forecast (A) 81,000 9,000 11,600 7,900 234.37
Revised forecast (B) 83,400 10,400 13,100 9,000 266.57
(B)-(A)2,400 1,400 1,500 1,100
% change 3.0 15.6 12.9 13.9
(Reference)
Previous full-year results
78,499 7,225 9,258 6,255 185.60

Reason for the revisions

The full year forecast, released on May 9th this year, was revised due to the development of the global economy, the market environment of the semiconductor and electronic component industry, business results and trends in the company’s performance.

Note: The above forecast of financial results is based on certain information available to the Company at the time of announcement, and actual operating results may differ from the forecast due to various factors.

2. Revised dividend forecasts
(yen)
  Dividend per share
1Q-end 2Q-end 3Q-end Year-end Annual
Previous forecast
-
42
-
28 70
Revised forecast - 51 - 26 77
Results for this year - - - - -
(Reference)
Results for previous year
- 40 - 16 56

Reason

Based on the new earnings forecast and the performance- linked dividend policy the dividend payment forecast has been revised as seen above.

DISCO's dividend policy
To improve the transparency of the Company’s stance prioritizing the return of profits to shareholders, the dividend payout ratio is set at 25% of the consolidated net income.

Note: The total amount of the interim dividend will consist of 25% of consolidated net income for the first half of the year (April-September), and that of the final dividend, of 25% of consolidated net income for the second half of the year (October-March). However, notwithstanding this net income linked-benchmark, the Company will strive to maintain an reliable dividend of 10 yen per half-year.

Except when there is a loss, if the year-end balance of cash and deposits after payment of dividends and income taxes is greater than projected funding requirements for the acquisition of technology resources, one-third of that surplus will be added to dividends. The ¥20 payout stipulated in our stable dividend policy may be viewed if there are consolidated net losses in three consecutive years.
Contact
Investors

Disclaimer
IR Sitemap
Personal Information Protection Policy
User Agreement
Use of the DISCO Corporate Name
Guarantee policy for customer using DISCO Products
Back To Top