5-Year Results

Download 5-Year financial statements

Consolidated Income Statements

(Unit: million yen)

	FY2017	FY2018	FY2019	FY2020	FY2021
Net sales	371,362	419,512	453,611	478,566	666,460
Operating income	30,700	30,163	30,825	33,880	104,381
Non-operating income	387	372	535	519	861
Non-operating expenses	2,346	1,970	867	536	548
Ordinary income	28,741	28,565	30,493	33,863	104,694
Extraordinary income	668	981	1,912	88	2,201
Extraordinary loss	4,731	5,498	12,985	5,749	6,173
Income before income taxes and minority interests	24,678	24,047	19,420	28,202	100,722
Net income	12,298	10,116	6,062	14,257	66,671
Profit attributable to non-controlling interests	8,274	5,266	4,368	7,648	25,117
Profit attributable to shareholders of parent	4,024	4,849	1,694	6,608	41,553

Balance Sheets

(Unit: million yen)

	FY2017	FY2018	FY2019	FY2020	FY2021
Current assets	117,010	170,411	168,662	203,674	301,650
Non-current assets	46,998	55,021	56,172	57,047	80,885
Total assets	164,009	225,484	224,876	260,766	382,578
Current liabilities	62,799	72,449	70,749	87,867	140,714
Non-current liabilities	2,423	43,784	43,774	45,220	47,718
Capital stock	7,203	7,203	7,203	7,203	7,203
Total shareholders' equity	74,672	76,129	74,015	78,466	119,128
Total net assets	98,785	109,250	110,352	127,678	194,145
Equity capital raito（％）	48.1	36.2	35.2	34.3	33.7

Cash Flows Statements

(Unit: million yen)

	FY2017	FY2018	FY2019	FY2020	FY2021
Cash flow from operating activities	21,624	28,394	14,917	37,028	109,609
Cash flow from investing activities	-20,396	-22,410	-18,000	-16,621	-28,537
Cash flow from financing activities	-7,233	39,748	-4,662	-2,590	374
Cash and cash equivalents at the end of period	46,613	92,379	84,563	102,368	184,082

Management Index

Set the DOE 5% or higher from FY 2017 as a guideline
ROE×Dividend Payout Ratio=DOE

	FY2017	FY2018	FY2019	FY2020	FY2021
DOE (Dividend on Equity %)	5.2	5.0	5.2	5.1	5.1
ROE(Return on Equity %)	5.2	6.0	2.1	7.8	38.1
Dividend Payout Ratio*(%)	100	83.0	245.2	64.9	13.4

*"Partial Amendments to Accounting Standard for Tax Effect Accounting, etc." is applied from FY2019.The change of accounting standard took effect retroactively to FY2018.