Notice of Consolidated Financial Forecasts, Dividend of Surplus (interim) and Year-end Dividend Projection

TOKYO, Nov. 6, 2020 /PRNewswire/ -- SQUARE ENIX HOLDINGS CO., LTD. (the "Company") refrained from including consolidated financial forecasts or a projected year-end dividend for the fiscal year through March 31, 2021 (April 1, 2020 - March 31, 2021) in its "Consolidated Financial Results for the Three-Month Period Ended June 30, 2020 (Japan GAAP)," released on August 6, 2020, but now announces the same, as follows.

Furthermore, the Company has resolved at the meeting of its Board of Directors held on November 6, 2020, to distribute dividends of surplus (interim) with the record date of September 30, 2020 as follows.

1. Consolidated Financial Forecasts for the Fiscal Year through March 31, 2021

(April 1, 2020 through March 31, 2021)

                                                                                           
            
       (Millions of yen, percentage change, and per share data)




                                          
     Net sales          
      Operating       
     Ordinary          
          Profit attributable to              
            Earnings
                                                                                  
     Income                owners of parent
                                                                
      Income                                                                       
            per share

                                                                                                                                                                   ---

        Previous
         forecasts               
       (A)

    ---                                                                                                                                                             ---

        Revised
         forecasts               
       (B)               290,000             40,000            40,000                                     24,000                       201.14

    ---                                                                                                                                                             ---

        Change                      (B-A)

    ---

        Percentage
         change                  
       (%)

    ---

        [Reference] Results for the
         fiscal year ended March
         31, 2020                                    260,527             32,759            32,095                                     21,346                       179.02

    ---

2. Reasons for Announcing Consolidated Financial Forecasts for the Fiscal Year

Having deemed the reasonable calculation of financial forecasts difficult due to the impact of the coronavirus pandemic, the Company had refrained from setting consolidated financial forecasts for the fiscal year through March 31, 2021. However, based on currently available information, including results through the six-month period ended September 30, 2020 and future projections, the Company has now calculated financial forecasts and announces them as above.

*The above forecasts are based on information available at the time of this document's release and are subject to various uncertainties. As such, actual performance may differ from these forecasts.

3? Projected Dividend Per Share for the Fiscal Year through March 31, 2021

                                     
           Interim dividend           
          Most recent dividend          
             Interim dividend
                                        determined for                    Forecast (announced                  paid for the previous
                                       this fiscal year                   on August 6, 2020)                        fiscal year




       Record date                       
              September 30, 2020       
              September 30, 2020-        
              September 30, 2019-

    ---


       Dividend per share                            
              ?10.00                                                          
              ?10.00

    ---


       The total amount of dividend       
              1,193 million yen                                               
              1,192 million yen

    ---


       Effective date                      
              December 4, 2020                                                
              December 4, 2019

    ---


       Source of dividend                 
              Retained Earnings                                               
              Retained Earnings

    ---

4? Projected Dividend Per Share for the Fiscal Year through March 31, 2021

                                    
       Interim   
       Year-end    
       Annual




              Previous Forecasts

    ---


              Revised Forecasts      
        ?10.00   
          ?51.00   
        ?61.00

    ---


              Dividends for the FY   
        ?10.00   
          ?44.00   
        ?54.00
    through March 31, 2020

    ---

5. Reasons for Announcing the Projected Dividend

The Group recognizes the return of profits to shareholders as one of its most important management tasks and has set a consolidated payout ratio target of approximately 30% to guide its shareholder return policy for the fiscal year through March 31, 2021.

Based on the consolidated financial forecasts presented above, the Company sets its projected year-end dividend for the fiscal year at 51 yen per share, which would make for an annual dividend per share of 61 yen.

(EOF)


     
     Company:        SQUARE ENIX HOLDINGS CO., LTD.


                        (Code: 9684, Tokyo Stock Exchange)



     
     Representative: Yosuke Matsuda, President and
                         Representative Director



     
     Contact:        Takashi Kiryu, General Manager of
                         Corporate Planning Division


                            
              Tel. (03) 5292-8000

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SOURCE SQUARE ENIX HOLDINGS CO., LTD.