We recognize the most important issue of management is return to shareholders, therefore, our target of total return ratio including a share buyback pursuant remains more than 30% in the Fifth Mid-Term Management Plan as Fourth Mid-Term Management Plan.
For the year ended March 31, 2021, profit attributable to owners of parent was ¥11,455 million, which was over the ¥9,000 million set as the profit target in the earnings forecast announced on February 4, 2021. Based on this result, the company decided to pay annual dividend per share for the year ended March 31, 2021 of ¥50, which is an increase of ¥10 from the ¥40 paid for the year ended March 31, 2020. The consolidated payout ratio will therefore be 35.2%.
For dividends for the year ending March 31, 2022, assuming that the forecast profits are achieved, the Company plans to pay an interim dividend per share of ¥15 and a year-end dividend per share of ¥35 to provide an annual dividend per share of ¥50.
GS Yuasa consolidated its shares with a ratio of five shares of common stock into one share, effective on October 1, 2018. The Per-share indication before the consolidation of shares is calculated as if the consolidation of shares had conducted.
We don’t have but our policy is to return profits through dividends.