| Item | Current | Prior | YoY % |
|---|---|---|---|
| Net Sales | ¥182.82B | ¥170.91B | +7.0% |
| Cost of Sales | ¥170.53B | ¥160.84B | +6.0% |
| Gross Profit | ¥12.29B | ¥10.07B | +22.0% |
| SG&A Expenses | ¥6.34B | ¥5.62B | +12.9% |
| Operating Income | ¥5.95B | ¥4.46B | +33.5% |
| Non-operating Income | ¥827M | ¥418M | +97.8% |
| Non-operating Expenses | ¥978M | ¥552M | +77.2% |
| Equity Method Investment Income | ¥15M | ¥27M | -44.4% |
| Ordinary Income | ¥5.80B | ¥4.32B | +34.2% |
| Profit Before Tax | ¥5.80B | ¥4.32B | +34.2% |
| Income Tax Expense | ¥1.48B | ¥1.17B | +26.0% |
| Net Income | ¥2.87B | ¥1.86B | +54.5% |
| Net Income Attributable to Owners | ¥4.32B | ¥3.15B | +37.2% |
| Total Comprehensive Income | ¥5.82B | ¥3.52B | +65.4% |
| Depreciation & Amortization | ¥498M | ¥429M | +16.1% |
| Interest Expense | ¥492M | ¥305M | +61.3% |
| Earnings per Unit (EPU) | ¥433.18 | ¥315.83 | +37.2% |
| Diluted Earnings per Unit | ¥431.94 | ¥314.59 | +37.3% |
| Distribution per Unit (DPU) | ¥132.00 | ¥31.00 | +325.8% |
| Total Dividend Paid | ¥796M | ¥796M | +0.0% |
| Item | Current End | Prior End | Change |
|---|---|---|---|
| Current Assets | ¥83.15B | ¥75.83B | +¥7.33B |
| Cash and Deposits | ¥10.16B | ¥9.08B | +¥1.08B |
| Accounts Receivable | ¥23.95B | ¥24.03B | ¥-77M |
| Inventories | ¥44.28B | ¥40.79B | +¥3.49B |
| Non-current Assets | ¥7.06B | ¥5.61B | +¥1.45B |
| Item | Current | Prior | Change |
|---|---|---|---|
| Operating Cash Flow | ¥-268M | ¥636M | ¥-904M |
| Investing Cash Flow | ¥-1.51B | ¥-596M | ¥-912M |
| Financing Cash Flow | ¥2.43B | ¥1.10B | +¥1.33B |
| Free Cash Flow | ¥-1.78B | - | - |
| Item | Value |
|---|---|
| Operating Margin | 3.3% |
| ROA (Ordinary Income) | 6.8% |
| Payout Ratio | 25.3% |
| Dividend on Equity (DOE) | 3.1% |
| Book Value Per Share | ¥3,250.93 |
| Net Profit Margin | 2.4% |
| Gross Profit Margin | 6.7% |
| Current Ratio | 170.4% |
| Quick Ratio | 79.7% |
| Debt-to-Equity Ratio |
| Item | YoY Change |
|---|---|
| Net Sales YoY Change | +7.0% |
| Operating Income YoY Change | +33.5% |
| Ordinary Income YoY Change | +34.1% |
| Net Income YoY Change | +54.5% |
| Net Income Attributable to Owners YoY Change | +37.2% |
| Total Comprehensive Income YoY Change | +65.4% |
| Item | Value |
|---|---|
| Units Outstanding (incl. Treasury) | 10.02M shares |
| Treasury Units | 50K shares |
| Average Units Outstanding | 9.97M shares |
| NAV per Unit | ¥3,254.20 |
| EBITDA | ¥6.45B |
| Item | Amount |
|---|---|
| Q2 Distribution | ¥31.00 |
| Year-End Distribution | ¥49.00 |
| Item | Forecast |
|---|---|
| Net Sales Forecast | ¥193.00B |
| Ordinary Income Forecast | ¥4.80B |
| Net Income Attributable to Owners Forecast | ¥3.45B |
| Earnings per Unit Forecast (EPU) | ¥346.00 |
| Distribution per Unit Forecast (DPU) | ¥66.00 |
| Property, Plant & Equipment | ¥3.55B | ¥2.50B | +¥1.05B |
| Intangible Assets | ¥754M | ¥321M | +¥433M |
| Investment Securities | ¥1.86B | ¥1.33B | +¥536M |
| Total Assets | ¥90.21B | ¥81.44B | +¥8.77B |
| Current Liabilities | ¥48.80B | ¥44.45B | +¥4.34B |
| Accounts Payable | ¥17.18B | ¥17.21B | ¥-33M |
| Short-term Loans | ¥22.20B | ¥17.13B | +¥5.07B |
| Non-current Liabilities | ¥8.96B | ¥9.40B | ¥-438M |
| Long-term Loans | ¥7.66B | ¥8.29B | ¥-634M |
| Total Liabilities | ¥57.76B | ¥53.85B | +¥3.91B |
| Total Equity | ¥32.45B | ¥27.58B | +¥4.87B |
| Capital Stock | ¥1.21B | ¥1.21B | ¥0 |
| Capital Surplus | ¥1.22B | ¥1.21B | +¥6M |
| Retained Earnings | ¥26.00B | ¥22.66B | +¥3.33B |
| Treasury Stock | ¥-121M | ¥-152M | +¥31M |
| Owners' Equity | ¥32.41B | ¥27.55B | +¥4.87B |
| Working Capital | ¥34.35B | - | - |
| 1.78x |
| Interest Coverage Ratio | 12.09x |
| EBITDA Margin | 3.5% |
| Effective Tax Rate | 25.5% |