Financial Highlights
- Net Sales: ¥5.05B
- Operating Income: ¥259M
- Net Income: ¥57M
- EPS: ¥1.49
Income Statement
| Item | Current | Prior | YoY % |
|---|---|---|---|
| Net Sales | ¥5.05B | ¥4.59B | +10.0% |
| Cost of Sales | ¥3.81B | ¥3.81B | +0.0% |
| Gross Profit | ¥1.25B | ¥786M | +58.5% |
| SG&A Expenses | ¥986M | ¥841M | +17.2% |
| Operating Income | ¥259M | −¥55M | +570.9% |
| Non-operating Income | ¥17M | ¥6M | +165.9% |
| Non-operating Expenses | ¥18M | ¥4M | +329.9% |
| Equity Method Investment Income | −¥6M | - | - |
| Ordinary Income | ¥258M | −¥53M | +586.8% |
| Profit Before Tax | ¥164M | −¥101M | +262.7% |
| Income Tax Expense | ¥107M | ¥51M | +110.2% |
| Net Income | ¥57M | −¥152M | +137.5% |
| Net Income Attributable to Owners | ¥56M | −¥151M | +137.1% |
| Total Comprehensive Income | ¥56M | −¥151M | +137.1% |
| Depreciation & Amortization | ¥133M | ¥126M | +5.0% |
| Interest Expense | ¥11M | ¥4M | +178.2% |
| Basic EPS | ¥1.49 | −¥4.50 | +133.1% |
| Dividend Per Share | ¥2.00 | ¥0.00 | - |
| Total Dividend Paid | ¥78M | ¥68M | +14.7% |
Balance Sheet
| Item | Current End | Prior End | Change |
|---|---|---|---|
| Current Assets | ¥2.05B | ¥1.73B | +¥321M |
| Cash and Deposits | ¥973M | ¥804M | +¥169M |
| Accounts Receivable | ¥814M | ¥576M | +¥238M |
| Non-current Assets | ¥1.96B | ¥1.17B | +¥791M |
| Property, Plant & Equipment | ¥392M | ¥260M | +¥132M |
| Intangible Assets | ¥848M | ¥399M | +¥448M |
| Goodwill | ¥306M | ¥282M | +¥24M |
| Investment Securities | ¥456M | ¥234M | +¥222M |
| Total Assets | ¥4.01B | ¥2.90B | +¥1.11B |
| Current Liabilities | ¥1.39B | ¥1.12B | +¥273M |
| Accounts Payable | ¥190M | ¥199M | −¥8M |
| Short-term Loans | ¥530M | ¥430M | +¥100M |
| Non-current Liabilities | ¥751M | ¥508M | +¥243M |
| Long-term Loans | ¥380M | ¥305M | +¥75M |
| Total Liabilities | ¥2.14B | ¥1.63B | +¥517M |
| Total Equity | ¥1.87B | ¥1.28B | +¥595M |
| Capital Stock | ¥582M | ¥312M | +¥270M |
| Capital Surplus | ¥543M | ¥302M | +¥240M |
| Retained Earnings | ¥659M | ¥664M | −¥5M |
| Treasury Stock | −¥572,000 | −¥555,000 | −¥17,000 |
| Owners' Equity | ¥1.78B | ¥1.28B | +¥505M |
| Working Capital | ¥660M | - | - |
Cash Flow Statement
| Item | Current | Prior | Change |
|---|---|---|---|
| Operating Cash Flow | ¥312M | ¥278M | +¥34M |
| Investing Cash Flow | −¥906M | −¥397M | −¥509M |
| Financing Cash Flow | ¥762M | ¥307M | +¥455M |
| Free Cash Flow | −¥594M | - | - |
Profitability Ratios
| Item | Value |
|---|---|
| Operating Margin | 5.1% |
| ROA (Ordinary Income) | 7.5% |
| Payout Ratio | 1.3% |
| Dividend on Equity (DOE) | 4.8% |
| Book Value Per Share | ¥45.70 |
| Net Profit Margin | 1.1% |
| Gross Profit Margin | 24.7% |
| Current Ratio | 147.4% |
| Quick Ratio | 147.4% |
| Debt-to-Equity Ratio | 1.14x |
| Interest Coverage Ratio | 23.45x |
| EBITDA Margin | 7.8% |
| Effective Tax Rate | 65.3% |
Year-over-Year Comparison
| Item | YoY Change |
|---|---|
| Net Sales YoY Change | +10.0% |
Share Information
| Item | Value |
|---|---|
| Shares Outstanding (incl. Treasury) | 39.04M shares |
| Treasury Stock | 13K shares |
| Average Shares Outstanding | 38.24M shares |
| Book Value Per Share | ¥47.99 |
| EBITDA | ¥392M |
Dividend Information
| Item | Amount |
|---|---|
| Q2 Dividend | ¥0.00 |
| Year-End Dividend | ¥2.00 |
Full Year Forecast
| Item | Forecast |
|---|---|
| Net Sales Forecast | ¥5.70B |
| Operating Income Forecast | ¥480M |
| Ordinary Income Forecast | ¥480M |
| Net Income Attributable to Owners Forecast | ¥300M |
| Basic EPS Forecast | ¥7.31 |
| Dividend Per Share Forecast | ¥2.00 |