Financial Highlights
- Net Sales: ¥46.54B
- Operating Income: ¥10.02B
- Net Income: ¥6.14B
- EPS: ¥874.92
Income Statement
| Item | Current | Prior | YoY % |
|---|---|---|---|
| Net Sales | ¥46.54B | ¥44.71B | +4.1% |
| Cost of Sales | ¥33.17B | ¥33.32B | −0.4% |
| Gross Profit | ¥13.37B | ¥11.39B | +17.4% |
| SG&A Expenses | ¥3.35B | ¥3.69B | −9.3% |
| Operating Income | ¥10.02B | ¥7.70B | +30.2% |
| Non-operating Income | ¥397M | ¥45M | +778.6% |
| Non-operating Expenses | ¥1.47B | ¥898M | +63.2% |
| Equity Method Investment Income | −¥38M | −¥37M | −2.7% |
| Ordinary Income | ¥8.96B | ¥6.85B | +30.8% |
| Profit Before Tax | ¥8.90B | ¥6.83B | +30.2% |
| Income Tax Expense | ¥2.76B | ¥2.12B | +30.4% |
| Net Income | ¥6.14B | ¥4.71B | +30.2% |
| Net Income Attributable to Owners | ¥6.13B | ¥4.71B | +30.2% |
| Total Comprehensive Income | ¥6.16B | ¥4.71B | +30.8% |
| Depreciation & Amortization | ¥221M | ¥192M | +15.5% |
| Interest Expense | ¥980M | ¥635M | +54.4% |
| Basic EPS | ¥874.92 | ¥759.38 | +15.2% |
| Diluted EPS | ¥864.56 | ¥746.87 | +15.8% |
| Dividend Per Share | ¥338.00 | ¥0.00 | - |
| Total Dividend Paid | ¥2.58B | ¥1.80B | +43.4% |
Balance Sheet
| Item | Current End | Prior End | Change |
|---|---|---|---|
| Current Assets | ¥90.81B | ¥63.14B | +¥27.67B |
| Cash and Deposits | ¥23.06B | ¥13.55B | +¥9.51B |
| Accounts Receivable | ¥408,000 | ¥398,000 | +¥10,000 |
| Non-current Assets | ¥11.13B | ¥8.10B | +¥3.03B |
| Property, Plant & Equipment | ¥8.92B | ¥6.74B | +¥2.18B |
| Intangible Assets | ¥40M | ¥42M | −¥1M |
| Investment Securities | ¥667M | ¥656M | +¥11M |
| Total Assets | ¥101.95B | ¥71.25B | +¥30.70B |
| Current Liabilities | ¥35.18B | ¥24.79B | +¥10.40B |
| Accounts Payable | ¥1.44B | ¥626M | +¥813M |
| Short-term Loans | ¥17.03B | ¥11.49B | +¥5.54B |
| Non-current Liabilities | ¥36.82B | ¥28.33B | +¥8.49B |
| Long-term Loans | ¥35.10B | ¥26.90B | +¥8.19B |
| Total Liabilities | ¥72.00B | ¥53.12B | +¥18.88B |
| Total Equity | ¥29.95B | ¥18.13B | +¥11.82B |
| Capital Stock | ¥4.91B | ¥1.51B | +¥3.41B |
| Capital Surplus | ¥4.16B | ¥1.77B | +¥2.40B |
| Retained Earnings | ¥20.72B | ¥15.34B | +¥5.38B |
| Treasury Stock | −¥2M | −¥653M | +¥651M |
| Owners' Equity | ¥29.82B | ¥17.96B | +¥11.86B |
| Working Capital | ¥55.63B | - | - |
Cash Flow Statement
| Item | Current | Prior | Change |
|---|---|---|---|
| Operating Cash Flow | −¥11.39B | −¥1.75B | −¥9.64B |
| Investing Cash Flow | −¥2.26B | −¥708M | −¥1.55B |
| Financing Cash Flow | ¥23.17B | ¥3.20B | +¥19.97B |
| Free Cash Flow | −¥13.65B | - | - |
Profitability Ratios
| Item | Value |
|---|---|
| Operating Margin | 21.5% |
| ROA (Ordinary Income) | 10.3% |
| Payout Ratio | 38.6% |
| Dividend on Equity (DOE) | 9.9% |
| Book Value Per Share | ¥3,908.48 |
| Net Profit Margin | 13.2% |
| Gross Profit Margin | 28.7% |
| Current Ratio | 258.1% |
| Quick Ratio | 258.1% |
| Debt-to-Equity Ratio | 2.40x |
| Interest Coverage Ratio | 10.22x |
| EBITDA Margin | 22.0% |
| Effective Tax Rate | 31.0% |
Year-over-Year Comparison
| Item | YoY Change |
|---|---|
| Net Sales YoY Change | +4.1% |
| Operating Income YoY Change | +30.2% |
| Ordinary Income YoY Change | +30.8% |
| Profit Before Tax YoY Change | +30.2% |
| Net Income YoY Change | +30.2% |
| Net Income Attributable to Owners YoY Change | +30.2% |
| Total Comprehensive Income YoY Change | +30.8% |
Share Information
| Item | Value |
|---|---|
| Shares Outstanding (incl. Treasury) | 7.63M shares |
| Treasury Stock | 352 shares |
| Average Shares Outstanding | 7.01M shares |
| Book Value Per Share | ¥3,925.31 |
| EBITDA | ¥10.25B |
Dividend Information
| Item | Amount |
|---|---|
| Q2 Dividend | ¥165.00 |
| Year-End Dividend | ¥173.00 |
Segment Information
| Segment | Revenue | Operating Income |
|---|---|---|
| DXNewRealEstate | ¥20.23B | ¥7.66B |
| DXRealEstateValueUp | ¥11.93B | ¥1.96B |
| DXRevitalizedRealEstate | ¥13.24B | ¥1.34B |
| OperatingSegmentsNotIncludedInReportableSegmentsAndOtherRevenueGeneratingBusiness | ¥28M | ¥424M |
| RealEstateLeasing | ¥1.12B | ¥494M |
※ セグメント利益の測定基礎: 経常利益
Full Year Forecast
| Item | Forecast |
|---|---|
| Net Sales Forecast | ¥61.00B |
| Operating Income Forecast | ¥17.50B |
| Ordinary Income Forecast | ¥16.70B |
| Net Income Attributable to Owners Forecast | ¥11.60B |
| Basic EPS Forecast | ¥1,520.37 |
| Dividend Per Share Forecast | ¥520.00 |