5-Year Results
Consolidated Income Statements
(Unit: million yen)
| FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | |
|---|---|---|---|---|---|
| Net sales | 453,611 | 478,566 | 666,460 | 710,575 | 720,207 |
| Operating income | 30,825 | 33,880 | 104,381 | 69,114 | 24,557 |
| Non-operating income | 535 | 519 | 861 | 999 | 1,263 |
| Non-operating expenses | 867 | 536 | 548 | 648 | 904 |
| Ordinary income | 30,493 | 33,863 | 104,694 | 69,464 | 24,915 |
| Extraordinary gain | 1,912 | 88 | 2,201 | 1,633 | 1,470 |
| Extraordinary losses | 12,985 | 5,749 | 6,173 | 8,299 | 3,854 |
| Income before income taxes | 19,420 | 28,202 | 100,722 | 62,798 | 22,532 |
| Net Income | 6,062 | 14,257 | 66,671 | 39,413 | 10,943 |
| Net income attributable to non-controlling interests |
4,368 | 7,648 | 25,117 | 15,194 | 5,611 |
| Net income attributable to owners of the parent |
1,694 | 6,608 | 41,553 | 24,219 | 5,332 |
Balance Sheets*
(Unit: million yen)
| FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | |
|---|---|---|---|---|---|
| Current assets | 168,662 | 203,674 | 301,650 | 293,850 | 351,242 |
| Non-current assets | 56,172 | 57,047 | 80,885 | 89,826 | 126,519 |
| Total assets | 224,876 | 260,766 | 382,578 | 383,698 | 477,826 |
| Current liabilities | 70,749 | 87,867 | 140,714 | 130,014 | 133,362 |
| Non-current liabilities | 43,774 | 45,220 | 47,718 | 30,768 | 112,552 |
| Common stock | 7,203 | 7,203 | 7,203 | 7,239 | 7,369 |
| Total shareholders' equity | 74,015 | 78,466 | 119,128 | 138,079 | 137,034 |
| Total net assets | 110,352 | 127,678 | 194,145 | 222,915 | 231,911 |
| Shareholders'equity ratio(%) | 35.2 | 34.3 | 33.7 | 37.6 | 30.2 |
Cash Flows Statements
(Unit: million yen)
| FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | |
|---|---|---|---|---|---|
| Cash flows from operating activities |
14,917 | 37,028 | 109,609 | 17,946 | 20,822 |
| Cash flows from investing activities |
-18,000 | -16,621 | -28,537 | -31,412 | -40,290 |
| Cash flows from financing activities |
-4,662 | -2,590 | 374 | -2,801 | 53,491 |
| Cash and cash equivalents at end of year |
84,563 | 102,368 | 184,082 | 168,035 | 201,780 |
Management Index
Set the DOE 5% or higher from FY 2017 as a guideline
ROE×Dividend Payout Ratio=DOE
ROE×Dividend Payout Ratio=DOE
| FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | |
|---|---|---|---|---|---|
| DOE (Dividend on Equity %) |
5.2 | 5.1 | 5.1 | 5.2 | 5.3 |
| ROE (Return on shareholders' equity %) |
2.1 | 7.8 | 38.1 | 17.7 | 3.7 |
| Dividend ratio(%) | 245.2 | 64.9 | 13.4 | 29.2 | 142.5 |
*"Partial Amendments to Accounting Standard for Tax Effect Accounting, etc." is applied from FY2019.