ZOZO : Notice concerning revision of year-end dividend forecast
April 27, 2022 at 02:17 am EDT
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April 27, 2022
Dear All,
Notice concerning revision of year-end dividend forecast
ZOZO, Inc. made a resolution at the Board of Directors held today to revise its dividend forecast per share. Details are as follows:
1. Reasons for the revision
As for profit return to shareholders, our group has the basic policy for deliberating and implementing profit return by balancing internal reserve through comprehensive consideration of the followings: business performance, financial status, future business and investment plans. Specifically, we set a consolidated payout ratio target of approximately 50%.
In the "Consolidated Financial Results For the fiscal year ended March 31, 2021 [JGAAP]" which was announced on April 27, 2021, we had forecasted 55 yen per share for year-end dividend. However, we have revised this dividend to 58 yen per share after comprehensive consideration of business performance of this fiscal year, future business and investment plans, and other factors.
We will continue to enhance corporate value and reinforce financial structure, and decide the amount of internal reserve and profit return by taking future business expansion etc. into consideration.
2. Details of the revision
Annual dividends
End of Q2
Year-end
Total
Previous forecast (Announced on April 27, 2021)
33.00 yen
55.00 yen
Revised forecast
36.00yen
58.00yen
Current fiscal year results
22.00 yen
Previous fiscal year results
(FYE March 2021)
15.00 yen
26.00 yen
41.00 yen
DISCLAIMER:
This document is summary translation of Japanese version. All readers are recommended to refer the original Japanese version for complete information. In the event of any discrepancy, errors and/or omissions, the Japaneseversion shall prevail.
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Start Today Co. Ltd. published this content on 27 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 April 2022 06:14:07 UTC.
ZOZO, Inc., formerly START TODAY CO., LTD. is a Japan-based company engaged in the E-commerce (EC) business which operates Internet shopping Websites. The Companyâs business includes ZOZOTOWN business, PB business, BtoB business, advertising business and other business. The ZOZOTOWN business consists of the purchasing shop, contracted shop and ZOZOUSED business. PB business sells the Company-designed apparel products tailored to the individual shape of the users. The B to B business supports various fulfillment related businesses, such as system development, design production, logistics contracting, marketing support of EC sites operated independently by apparel makers. The advertising business uses ZOZOTOWN and WAR's user reach base to provide advertising space to client brands and advertising agencies and earns advertising revenue. The others business includes business associated with ZOZOTOWN, such as paid member revenue, shipping income and settlement fee income.
ZOZO, INC. 
