April 06,2021 | |
Company name: | ALINCO INCORPORATED |
Name of representative: | Nobuo Kobayashi, Representative |
Director and President | |
(Securities code: 5933; 1st Section | |
of the Tokyo Stock Exchange) | |
Inquiries: | Takashi Sakaguchi, Director and |
General Manager of Accounting | |
Division | |
(Telephone: +81-6-7636-2222) |
Notice Concerning Revisions to Full-Year Financial Results Forecasts
ALINCO INCOPORATED (the "Company") hereby announces that in light of the most recent operating trends, a decision was passed at the meeting of the Board of Directors held on April 06,2021, to revise the financial results forecasts for the fiscal year ending March 20, 2021 (March 21, 2020 through March 20, 2021), disclosed with the announcement of the financial results for the six months ended September 20, 2020 on October 20 last year, as described below.
1. Revisions to consolidated financial results forecasts for the current fiscal year (March 21, 2020 through March 20, 2021)
Consolidated net | Consolidated | Consolidated | Profit attributable | Consolidated | |||||||
to owners of | |||||||||||
sales | operating profit | ordinary profit | earnings per share | ||||||||
parent | |||||||||||
Previously announced | ¥ million | ¥ million | ¥ million | ¥ million | ¥ | ||||||
forecasts (A) | 52,050 | 2,050 | 2,340 | 1,380 | 70.72 | ||||||
Revised forecasts (B) | 53,340 | 2,530 | 2,820 | 1,600 | 82.84 | ||||||
Change (B-A) | 1,290 | 480 | 480 | 220 | |||||||
Change (%) | 2.5 | 23.4 | 20.5 | 15.9 | |||||||
(Reference) Actual | |||||||||||
consolidated results for the | 55,613 | 3,338 | 3,461 | 2,155 | 108.73 | ||||||
previous fiscal year | |||||||||||
(Fiscal year ended March | |||||||||||
20, 2020) |
2. Reason for revision
The business performance for our Construction materials, Scaffolding material rental, and Electronic equipment business segment has been recovering steadily because of limited impact from COVID-19 pandemic on consolidated financial results for FY2021. In addition, the sale of rack for the next generation logistic storage system has been growing higher and also the sale from Home equipment segment has been consistently strong due to stay-home demand. As a result, ordinary profit of this 4th quarter is expected to approach our best record on 4th quarter of FY2015.
Based on circumstances above, both net sales and each profit are expected to exceed the previously announced forecast, and we hereby revise the forecast of consolidated financial results for FY2021.
(Note)
Forecasts of future performance in these materials are based on assumption judged to be valid and information available to the ALINCO's management at the time the materials were prepared. Actual results may differ materially from the forecasts for a number of reasons.